Only track the STOCKS that successfully played the pattern out! this way i can look for the multiple similarities the "successful" stocks had with one another, and find consistencies in the probabilities behind a pattern's success.... Then create RULES to follow (based on the factors that the stock ought to possess (i.e. low float, etc.).

I CAN ADD [SPIKEET] TO MY EXCEL SPREADSHEETS BY USING THE "SPIKEET PLUGIN" TO RETRIEVE STOCK MARKET DATA FOR ME -------- www.twitter.com/_spikeet/status/1567826513915006976?s=20 ......... https://bit.ly/3xB4seL ......... #SPIKEET #EXCEL
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FOR ALL PATTERNS, I MUST:
1. track the average gain (the average gain possible across 100+ samples) --- tells me when best  to take profits (so i don't get greedy; gives confidence in holding my position optimally).
2. track the top tick % (what is the avg top tick ($) across 100+ samples) --- tells me when it is best to enter the trade.
3. track the bottom tick % (what is the avg bottom tick ($) across 100+ samples) --- tells me when it is best to exit the trade.

As a beginner trader, narrow your entire trading to one or two patterns so you can just FOCUS on those patterns... Then improve your entry and exit points to make this pattern PERFECT based on your performance... Experienced traders know where they're going to enter and exit. Beginner traders do not have enough data to back up their thesis. This is the major difference between experienced and beginner traders... -Dux
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How to track GAPPERS / %GAIN DAY 1 statistics (onwards) ------------ categorize my statistics based on Grittani's Trading Tickers 1 (PART 1) DVD --------- Min 3:55:00 ..........................

Min 18 ------ Min 57 ------- CHAPTER 3 ------- Trading Tickers 2 ----- tracking BREAKOUTS --------- members.timothysykes.com/lessons/trading-tickers-2-chapter-3 .........
 TRACKING STATS ------ Min 51:20----Min 1:12:45 ----- PART 4  ---- TRADING TECHNIQUES ....
Here are the criteria I look for in a potential DIP AND RIP:
- Low float (fewer than 30 million shares). 
- Big %gainer
- News
- Consolidates/dips below the premarket high between 9:30 am and 9:45 am [I like the stock to consolidate/dip below the premarket high because that lures in short sellers, and they typically use the premarket high as their risk level].
- Day 1 spiker [this pattern works great on DAY 1 PREMARKET spikers].
ENTRY: Once price breaks above the PREMARKET HIGH, is where I would look to enter the dip and rip [set an ALERT for when the stock breaks through the high of the day.
RISK: cut losses at [VWAP] or a [daily low] level.
TARGET: aim for 3:1 risk/reward [use Oracle levels to help guide you].

DIP AND RIP [Dux calls the DIP AND RIP a "premarket breakout" in his DVD]
1. premarket consolidation
2. volume (200k+)
3. low float (the lower, the better) (if the stock is a BIOTECH then disregard float)
4. low market cap (<100M ideally) (if the stock is a BIOTECH then disregard market cap)
5. new catalyst (earnings, contract winner, funding/down-payment news)
6. clean chart (not a lot of heavy resistance *volume* in past year at resistance levels)

WHERE TO BUY [Dux]
- size in 50% as stock breaks above premarket consolidation.
- size in 50% on a pull-back bounce.
WHERE TO SELL [Dux]
- sell 70% of your position as the stock hits your target price.
The BREAKOUT out of premarket consolidation (during market open hours) has three pull-backs (that's the maximum usually; two-pull backs is guaranteed -- so taking profits on the third push (after the second pull back) is really good idea). -Dux
SET YOUR STOP LOSS [Dux]
- Set your STOP LOSS at the "open" price (market "open" price).

KEY TAKEAWAYS [Dux]
always sell before the stock hits heavy resistance 
(that's where short-sellers come in)...
▶ the greater the VOLUME, the heavier the RESISTANCE (due to the stock having a FLOAT ROTATION only so many max number of times before it drops back down in price. 
◆ People who don't know about this will become bag-holders, and once it hits resistance AGAIN, they will sell to break-even, creating the self-fulfillment of the stock hitting resistance then dropping in price.

- If the stock is a BIOTECH, that is good.
- If the stock is up in premarket by 100% or 200%, that is not good (exhausted / over-extended), and the stock is less likely to spike.

 
watch
https://youtu.be/mR6j1bYjlzQ ...........
www.youtube.com/watch?v=2BdT7W-rYK8 ..........
www.youtube.com/watch?v=9FoMd7_JQwA ...........
www.youtube.com/shorts/DbvIRGHicdY ............
www.youtube.com/watch?v=_7c4Aqzfcf8 ..........
www.youtube.com/watch?v=QxGKgXQ5VlY ..........
https://www.youtube.com/watch?v=lgbpXNL_22E ............
https://www.youtube.com/watch?v=KSa7eAJDFCY .........
https://www.youtube.com/watch?v=XS96QSRl5wo ..........
https://www.youtube.com/watch?v=Ej_XAjnOYJg ..........
https://www.youtube.com/watch?v=FOsoYchWRjw .........

search THIS PATTERN'S NAME on SYKES YOUTUBE CHANNEL VIDEOS; STOCKSTOTRADE'S YOUTUBE CHANNEL VIDEOS................


SCANNING for the dip and rip ------ www.youtube.com/watch?v=8-sTSLGi3Xk ...........


Min 10:50 --------- For the Dip and Rip, use the 15-minute candle -------- https://www.youtube.com/watch?v=SRbsMJIH55w ..........

HOW TO SCAN FOR DIP-AND-RIP PATTERN ----------- www.youtube.com/watch?v=8-sTSLGi3Xk ...............



Read this Dip and Rip article --------- https://stockstotrade.com/dip-and-rip-pattern/ ..............

Review all the content on my spreadsheet here --------- https://docs.google.com/spreadsheets/d/1frqjp66K-EIR-PMeUj-yrsojvEEqGXec/edit#gid=44589113 ...........

[Dip-and-rip] leading into [VWAP Hold] --------- Min 9 ---------- www.youtube.com/watch?v=wHD1kgk1G0o .......... #Bohen

Search and then REVIEW ALL OF MY NOTES IN NEWEST NOTES for the DIP AND RIP pattern......

CRITERIA TO LOOK FOR:
• Big gap-up on news (pre-market)
• Hot sector
• History of running (100+% spike in its past)
• Low float (under 10M)
• Good Pre-market volume
• Great float rotation (b/w 3x - 10x)


yo------------- for the DIP AND RIP PATTERN, consider risking as my stop loss: LOW OF DAY........... This is a great RISK / STOP LOSS TO TEST IN MY STATISTICS SPREADSHEET AS WELL.....

Here are my stock criteria for a [DIP AND RIP]:
• former runner
• news catalyst
• low float
• high volume
• spike and percent gain in premarket

HOW TO PLAY THE DIP AND RIP
The dip and rip starts with a stock that opens strong, then has a dip right after the market open.
Shortly after that dip, it rebounds and reclaims the previous high — and sometimes, it goes even further.
Patience is key. The dip and rip is the perfect example of what I call the 9:45 rule.
The idea is simple. By waiting for about 15 minutes after the market open, you’re separating yourself from the traders who rush into stocks at the open — and often get stopped out.
The 9:45 rule lets the stock prove itself.
This is a great pattern if you can buy on the dip and hold into the rip … But it doesn’t always work out. Be prepared to cut losses if the trade goes against you!

FACTORS TO LOOK FOR
- a hot sector
- high trading volume
- low float
- has news
- former runner

DIP AND RIP criteria:
• a Recent former runner
• very squeezy a couple months ago
• Great VOLUME
• has news
• chat pump (it being a chat pump is meh tho -_-)
• big gap in premarket -Roland Wolf

If a stock becomes a chat pump survivor during pre-market (where your best bet is to "buy in pre, sell in pre"), it could also be a 9:45 am dip and rip. -Bohen #premarket #breakouts #chatPump #pumpandDump

DIP AND RIP criteria:
- former runner
- news catalyst
- low float
- high volume
- spike and percent gain in premarket

DIP AND RIP criteria:
➤former runner
➤small market cap
➤good volume
➤big gap in premarket, with HOD area proximith
➤basing at vwap
➤decent breakout on the monthly chart
~~trade Dip'nRips on Day 2 for more momentum to drive the stock... Especially if multi-day runners have been working great lately. -Bohen

I like to see 5 things in a stock:
►Former runner
►Low float
►Positive news
►Popular industry or sector
►Unusually high volume

THE 9:45 A.M. RULE SAVES YOU FROM FAKEOUTS
If I ignored the 9:45 a.m. rule, technically there was a failed Dip and Rip pattern.
Entry signals for the Dip and Rip pattern only occur if I hit or stay above the entry target on or after 9:45 a.m.
In this case, just because the stock hit my entry target in that first 15-minute window (before 9:45 am) doesn’t mean it was an entry signal. Instead, I stuck to the 9:45 a.m. rule because the stock couldn’t hold that level.
Now, sometimes this means the stock might trade away and leave you behind.
That’s fine. The 9:45 a.m. rule is for more conservative traders. It should be used when there are chat pumps or other factors that could cause a stock to falter out of the gate. -Bohen #9:45Rule #dipandRip

Check the dip and rip charts above: should PREMARKET CONSOLIDATION be one of the factors i look for when buying the dip and rip circa 9:45 am????????????

TRACKING DIP AND RIPS
when tracking dip'n'rips, i need to see / track whether the stock was listed on ORACLE ........ "Oracle loves dip and rips." -bohen........... heed what the ORACLE SIGNAL LEVEL is for the stock (i.e. the price i should enter the stock at; the price the stock will make its move)........... whether it is trading above VWAP.......... if it is consolidating/trading near or above the PREMARKET HIGHS......... whether VOLUME is increasing simultaneously............ how much FLOAT ROTATION there is (high float rotation is a good indication of the trade offering a good risk/reward)............

Min 10:30 ------ if the FLOAT is indeed low, then definitely a DIP AND RIP play is possible | A LOW FLOAT EQUATES TO A HIGHER PROBABILITY OF A [DIP AND RIP] HAPPENING -------- www.youtube.com/watch?v=tsyCnjC037k ............. #bohen #dipNrip

Look for morning consolidation in the pre-market as a criteria factor.... has a weak open... is a low market cap... is a low float... -[Dux commentary]

If you're trading a dip and rip pattern, wait for the stock to break above its premarket highs. -Bohen #dip&rip #DipAndRip #DipnRip

When dip-buying, if you buy a stock above VWAP you're joining the trend. If you buy a stock below VWAP, you're going against the trend. If you’re in a trade that’s above VWAP and it drops below, that means the momentum has shifted to the sellers. That’s why in some of my trade plans I’ll use the VWAP level as my risk. -Bohen

DIP AND RIP -------- Wait For a DIP AND RIP after 9:45 AM... I like to wait for a post 9:45 a.m. DIP AND RIP on chat pumps because nine out of 10 fail at the open. But if you miss the move in premarket, and don’t get a post 9:45 a.m. dip and rip, it doesn’t mean all is lost… there are always multiple ways to play it... look for an AFTERNOON VWAP HOLD pattern. Or if it becomes a wild spiker that halts all the way up and doesn’t give you an entry…We let it calm down, and if it closes near its daily highs, we watch it for a WEAK OPEN RED TO GREEN move the next day. -Bohen #plays #patterns #dip&rip #afternoonVWAP #red-to-green #redtogreen

HOW TO FIND DIP AND RIPS --------- Look for a morning dip and rip on a day one runner. -Bohen

Min 4 -------- a stock should curl upwards after hitting it's high of day; a sign that it will continue spiking for a breakout potential ------- youtube.com/watch?v=v5sH7wUJqHw ........ #breakouts

On DIP AND RIPS, the previous day's support is a GOOD RISK LEVEL. -Tuohey


Now remember, nine out of 10 chat pumps fail at the open ... So I usually impose a strict post 9:45 a.m. rule on chat pumps.
But I knew that if this micro float stock could survive at the open, we could have a big runner…
So I was willing to relax the post 9:45 a.m. rule.
Why?
Because it has an 800,000 float! -Bohen #DipAndRip

The dip and rip pattern: is when a stock that’s [a big premarket gainer] dips at the open, [then reverses and rips through the premarket highs]. Your entry is where it breaks above the high. And you can use VWAP, the day’s low, or in this case, the premarket support as your risk... -Bohen

When a DIP AND RIP happens after 9:45 a.m. — that is ideal. Because that gives the stock more time to get loaded up with shorts. And when they get squeezed when the stock climbs over the high of the day — that’s when you can see explosive moves. -Bohen

The 9:45 am rule -------- www.youtube.com/watch?v=PX7cqP_6a8A ......... #bohen #9:45Rule

By waiting until 9:45 a.m. I give the stock a chance to shake out all the weak hands and show its true colors. -Bohen #dipandRip

USE THE 15-MINUTE RULE
With any trade that breaks a premarket high, we always risk a fakeout.
More often than not, shares will poke through the high and then quickly fall away.
That’s why the timing component is so crucial here.
It’s what made the difference.
Every time a stock runs up into a resistance level, give it 5-15 minutes to tell you which way it wants to go.
If shares spike through and quickly fall away, you know the morning trade is a no-go.
If shares hold near that level for 15 minutes and VWAP starts to creep up, now you’ve got a shot at pushing higher.
It’s also important to analyze the volume.
Higher volume means more conviction. When a stock makes a high-volume tail candle at the premarket highs, it will have a heck of a time trying to break through again.
Also, keep an eye on VWAP.
When stocks hold VWAP, even off a pullback from the highs, that can give bulls the strength to bust through and keep running. -Bohen #breakouts #dipandrip #premarket

WHY THE DIP AND RIP PATTERN WORKS SO WELL
The dip and rip works because of traders’ psychology. When a dip occurs, there will often be a bounce.
That isn’t because of the stock’s innate value. The bounce comes from traders thinking the stock’s undervalued.
If enough traders believe something will happen, they create the conditions for it to happen. This is supply and demand 101.
Remember — strategies aren’t ‘systems.’ We don’t use a strategy like this because it’s foolproof. We use it because other traders use it.

(we love it when a stock can) open (at 9:30 am) near the pre-market highs... That tells me not only is there bullish momentum in the stock, but I can look for a quick push higher, a slight pullback, and then a bump to the next level. -Bohen #premarketBreakout

When I see 40 million shares traded half an hour before the market open — 99% of the time it will be one of my two top watches. Because unusual volume creates unusual moves. So when you’re looking for your number one potential stock to watch today and it’s moving on news — check the volume. Float rotation means new buyers are coming in, willing to pay any price. And that’s what drives prices higher.  Combine that high volume stock with a pattern and plan then — BOOM — you’ve got yourself a good trade. -Bohen #FloatRotation #premarket #spike #plays #volume

HOW TO TRADE THE DIP AND RIP PATTERN!!!!!!!!!!!!
What you want to look for in a dip and rip is a big gainer in premarket … Then you want to see it pull back. That draws in the short sellers…
And when a stock dips after the open, that can draw them in even more…
As a long trader, that’s when you sit back and wait for the pattern to develop.  
You wait for the stock to break above the premarket high. That’s confirmation that the shorts are wrong and they’re all losing money.
And as their losses grow they start buying. Now you have shorts and breakout buyers pushing the stock higher. -Bohen #dip&rip #dipandrip #dipNrip

A [dip and rip] is a good pattern to look for during market open when a stock gaps up big in the morning. -Bohen

Min 43 ----------- Min 45+ -------- Dux reviews the pre-market brekaout pattern but this pattern is identical to the DIP AND RIP AS WELL...... take notes on where he would enter the stock --------- Trading Tickers -------- Part 2...........

IDENTIFYING THE [DIP AND RIP] AND THE [AFTERNOON VWAP HOLD]
Since premarkets aren’t my jam, I don’t start looking for trades until after the market open.
The first time I check for possible setups is around 9:45 a.m.
That’s when dip and rip trades form.
Not every stock works for a [dip and rip]. I find they work best on the first day of a stock run. This makes it an ideal setup for biotech news runners.
The next time I would look for possible setups is around 2:00 pm (after i've looked for a "dip and rip" pattern circa 9:45 am]. At 2 pm is when [afternoon VWAP holds] come into play.
For every potential setup I identify, I make sure the stock meets all the criteria before I step into the trade.
For example, a [dip and rip] setup needs to show me a decent pullback from the open. Then, I want to see it break above the open and premarket highs on respectable volume. I will consider entering the trade only once the stock has met these criteria.
-
Once in a trade, don't get fancy. Follow your trading plan and make sure you take profits along the way or adhere to your stop loss.
You’ll notice that the preparation section is the longest and execution the shortest. That’s exactly the way it should be.
The easiest way to become a more consistent trader is to make things as mechanical and automated as possible. -Bohen

Most of my patterns use key psychological levels as entry points...
• The DIP AND RIP key entry is a break above the high of the day. That’s where short sellers typically set their risk levels.
• RED-TO-GREEN moves are powerful because when a stock opens red, shorts think it’s the first red day and pile in. But when it goes green, they’re all wrong. And that’s the level where they should buy to cover.
In both cases, we want to buy when the shorts are buying. We want to take advantage of extreme human emotions and powerful upside moves.

The DIP AND RIP setup: classic and simple.
The idea is to take the premarket push and let shorts get overconfident on a drop within the first 15 minutes of the trading day.
Then, use the premarket highs and the open to squeeze them out and create buying pressure that lifts price.
One thing to keep in mind is that once shorts get a whiff of a possible pullback (in an overbought stock), they love to pile on.
You see, they know that these stocks will eventually crack. So they don’t mind taking it on the chin with a few small losses as long as they can hit that one big payoff. -Bohen #DipAndRip

DIP AND RIP
The dip and rip is one of my favorite patterns and great for new traders. It lets you take advantage of big morning moves. We all know the open is one of the best times to trade.
The idea behind the dip and rip is to look for a big percent gainer that’s gapping up. But instead of chasing at the open like other traders with FOMO, you wait and stalk it for the best entry…
A stock that gaps up will typically dip after the open. That’s because traders who already have a position take profits and short sellers take positions thinking the stock will go down.
But as more buyers come in because of sector momentum, hype, or news, the stock bounces. When it makes new daily highs, more momentum traders jump in to ride the upside move. Plus, shorts are wrong and have to buy to cover.
That’s when a stock can really rip.
All that buying can create powerful moves and short-squeezes. -Bohen #dipandRip #dip&Rip

CRITERIA TO HEED::::: a DIP AND RIP pattern is likely to formulate when the stock has a PREMARKET SPIKE as a result of its being a CHAT PUMP (i.e. if the stock was a pre-market spiker based on being a CHAT PUMP, look to play it as a DIP AND RIP... premarket chat pump = dip and rip opportunity.

PREMARKET SPIKES BASED ON A CHAT PUMP, AND THE DIP AND RIP PATTERN --- ARE COMPLEMENTARY TO EACH OTHER
With [chat pumps] you want to "buy in pre, sell in pre".
Because "buy in pre, sell in pre" and the [dip and rip] are complementary patterns when it comes to trading [chat pumps].
Here’s why…
When a ‘guru’ sends out their alert to chat followers, the stock spikes in PREMARKET. But when the market opens, it will pull back as the ‘guru’ sells and premarket traders take profits…
Then as more traders come in, buying on the press release, you get a [dip and rip]… Or, if it dies it dies.  -Bohen #premarket #chatpumps #Dip&Rip
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DIP AND RIP / #DIPANDRIP / #DIPNRIP #DIP&RIP pattern
A stock that is up big in the morning, ideally on news | it's a stock that has ran in the past (former runner). . . . . . . . THE STOCK opens green, and SLAMS down hard (red) right there by 9:35 or 9:40 am. . . . that's why you avoid the premarket entry; then the entry you're looking for is that at the pre-market highs (ideally into that 9:45 am timezone). . A big gainer, a big drop, and then the reclaimer is the rip at around 9:45 am (spiking over that next 30 minutes). . . . avoid that shake out early at market open, wait for that reclaim of the high of the day (used as support), with news and it being a former runner -- you catch that big move to the upside. . . the stock then chops sideways, fades back a little bit. . .even if you don't pick the top, but as it fades back it gives you a clearly defined exit (maybe you make $.75 cents to $1 per share). . . this is a consistently repeatable setup. . AVOID pre-market. . . look for those 9:45 am entries, and 2 pm entries. .. these are one of the best strategies you can do as a trader -------- Min 3 ------ www.youtube.com/watch?v=_7c4Aqzfcf8 ......

DIP AND RIP pattern
The Dip and Rip pattern is the #1 pattern when it comes to these low float morning runners. . . . LOW FLOAT | HAS NEWS | HOT SECTOR | UP HUGE IN PRE-MARKET. . . . .. .. when that stock opens weak (that's the DIP), which brings in short-sellers that love to short these runners | when it breaks that high of the day (that's the ENTRY / RIP). . . . . ..They have a high propensity to spike big time (with the low float). . . . the risk/reward will be 5:1, 7:1, 10:1.. . . . . .  . .

HOW TO SCAN FOR A DIP AND RIP PATTERN
• Price:::::: Just look at simple factors: the best dip and rip patterns are for stocks between $1 - $10. . . . .
• Percentage:::::: I don't look at a potential dip and rip pattern unless it's up more than 50% (do not screen for less than 50% up). . . . . .
• Volume:::::: minimum of 3 million shares by 9 am . ..  .
• Float::::::: less than 10 million shares...
• News::::: has legit news...
• %Gainer::::: Big %gainers in pre-market that pulls down in market open, then re-breaks out post 9:45 am (or all the way up until that 2 pm window)...
** then sort the stocks on the scanner by the ones with the highest volume. . . . . 

DIP AND RIP PATTERN --- ALERT SETTING
Set an alert in stocks to trade for when the stock breaks through the High of the Day, i can be notified . . . Risk off of VWAP (risking about 20 cents per share; looking to make 50 cents, 80 cents, or even $1 / share of upside). . . . . this is great risk/reward and a killer repeatable pattern ------ www.youtube.com/watch?v=8-sTSLGi3Xk ........

I call it the "dip and rip", and Sykes calls it the "morning panic dip buy"... But It’s the same pattern and can be very effective ------ https://bit.ly/3CdwOfw ........... https://bit.ly/3lALRZP ........

The dip and rip is a buying-into-strength pattern.

For a Dip-and-Rip, I like to see a stoick in a hot sector that has been up for the past few days. That tells me shorts are likely piling in it, so once it dips out of the gate, it has a nice recipe to rip through the high, scare shorts, & then rip to new highs. -Monaco

If you don't know where the top of a spike is going to be, always sell into the pre-market high (check the top tick in the pre-market and sell there)... -Dux commentary


A low-float piece of crap biotech with fewer than 10 million shares and news — that’s exactly the type of stock the dip and rip pattern was made for… -Bohen

Min 2:30 --------- float rotation is what makes a dip and rip pattern playout best ---------- www.youtube.com/watch?v=XostI9U9sJ8 ............... #dip&rip #dipandrip #floatRotation #bohen

If you're trading a dip and rip pattern, wait for the stock to break above its premarket highs. -Bohen #dip&rip #DipAndRip #DipnRip

Min 27 ---------- big-time gems on VOLUME -------- too much VOLUME in the MORNING makes the stock drop in the afternoon ------- https://youtu.be/A72ereAb9xc ........ #Volume #dux

[at 9:45 am, look for stocks that are reclaiming their pre-market highs]........... -Tim Bohen

DIP AND RIP (example explanation)
DWAC had that amazing run to 175 a few months ago. Shorts piled in. 
It came back down and has been going sideways for awhile. 
Lately, it has gotten some attention and it is climbing again. 
Shorts are jumping back in because they saw what happened the last time it ran.
Then, when it dropped at the open, it attracted more short attention. 
After it set the bottom (and bounced upward off support, crossing the initial high), those shorts panicked and it ripped.  -[Matt Monaco]

Heavy volume often leads to increased price volatility. Large price swings can easily stop you out.
The opening minutes of the trading session are dangerous.
It’s why I advocate the 9:45 a.m. rule [think of the window from 9:30-9:45 a.m. as a ‘no trade’ zone]. I want to let the excess volatility subside before I step in. -BOHEN #Dip&Rip
_________________________________________________
LOOK AT A STOCK'S HISTORY
You don't have to decide whether the news is good. The market will show you. The stock either reacts or it doesn’t. 
And once you see a big premarket mover with a catalyst — look at the long-term chart. 
Has the stock spiked on news in the past? Does it have a history of running? Can it run for multiple days, or is it a one-day spiker? 
Looking at how a stock reacted to news in the past can give you an idea of how the stock might react to news in the future. 
————————————————————
HOW TO PLAY A BOUNCE (#DIP BUY) (#DIP AND RIP)
Instead of trying to guess a stock's bottom, watch for it to take out key levels. And have a clear risk level nearby. 
I don’t like weak stocks. I like to buy strength. I want a stock to prove itself by taking out important key levels on the chart.
Strength shows me there are buyers and demand. 
Shows strength — buyers came in to defend that key level. 
You could’ve entered on the dip and risked green-to-red. Or you could have bought the HOD break and risked the same level.
Don’t try to guess the bottom or buy a ‘sale.’ Remember, these stocks don’t have to bounce. Wait for the setup and pattern that’s best for you! 
—————————————————————
THE IMPORTANCE OF CONSOLIDATION 
A stock’s consolidating and basing periods are super important for trading purposes. It may seem like a boring time where nothing is happening, but these periods solidify key trading levels.
Sometimes previous points of resistance suddenly become levels of support, giving traders confidence that the stock can not only hold up at its current levels — but maybe fly even higher.
As long as that support holds up, the stock will bounce around in the trading range between support and resistance.
If it breaks through resistance, then we just move the line of support up. The numbers may change, but the strategy doesn’t. Once you become comfortable with how they move, you can easily identify these key breakout areas in the chart.
And those breakouts are dramatic when the momentum is there…

_________________________________________________________________________________________________________________

A morning breakout / a dip and rip is always A HIGHER PERCENTAGE PLAY than the afternoon VWAP hold breakout.......... [morning breakouts are always more powerful and profitable than afternoon breakouts].... -[dux commentary]

Buyers looking to take profits on a spike, will usually take profits before the stock hits resistance.... Taking a profit into a green candle (strength), is always the best idea i found out for the past 2 years.... Take profits around 20-30% when taking profits on the breakout above premarket consolidation (during market open hours in the morning, between 9:30 am - 11 am). -Dux

Before the [dip and rip] breakout pattern plays out, you WANT TO SEE A SMALL RANGE OF CONSOLIDATION IN THE PRE-MARKET AREA (with volume is better, but if no volume, nonetheless the stock can still spike (esp. if it's a BIOTECH)..... And you also do not want to see the stock up in the air like 100% or 200% in the pre-market... -Dux

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TRACK:
  • how many [MINUTES] the stock consolidated at its SRL levels of resistance before SPIKING up further. (1-min candles, or 2-min candles, or whatever candles!)
  • how much [VOLUME] the stock had CREATED DURING THAT SMALL CONSOLIDATION WINDOW while consolidating at it's SRL levels of resistance, before SPIKING up further (what was the TOTAL VOLUME during that period of consolidation)
  • how much [VOLUME] TOTAL the stock had up to the point where it BEGAN CONSOLIDATING, PRIOR TO IT'S BREAKOUT ABOVE SRL levels of resistance.
  • what the BREAKOUT %gain was of the stock (what percentage did the stock spike?), when it broke out above SRL LEVELS OF RESISTANCE.
  • what [TIME] exactly, did the pattern DIP... and what [TIME] exactly did the pattern begin it's RIP... and what [TIME] exactly did the pattern reach the PEAK OF IT'S RIP (top tick)...
what time it was when the stock hit its level of resistance, and then SPIKED THROUGH IT.
****track what the day's end RVOL was at the end of the day...........
****track what the RVOL was at that current point in time, when the stock had it's breakout, during that point in the day............

ALSO TRACK,
  • how many minutes the stock consolidated at it's SRL levels of resistance before DIPPING/TANKING back down to support levels. (1-min candles, or 2-min candles, or whatever candles!)
  • how much [VOLUME] the stock had CREATED DURING THAT SMALL CONSOLIDATION WINDOW while consolidating at it's SRL levels of resistance, before DIPPING/descending downward back to support levels (what was the TOTAL VOLUME during that period of consolidation)
  • how much [VOLUME] TOTAL the stock had up to the point where it BEGAN CONSOLIDATING, PRIOR TO IT'S then DIPPING/TANKING/descended downward under SRL levels of resistance.
  • what the DIPPING/TANKING %loss was of the stock, when it DESCENDED below the SRL LEVELS OF RESISTANCE.
  • what time it was when the stock hit its level of resistance, and then DIPPED/TANKED/descended downward.
  • did the stock hold HALF ITS GAINS (from the point of when it began its run up/ascension/spiking) when it began dipping back to its initial spiking point? (if it held half it's gains, this is a bullish signal)
  • did the stock hold its EMA20?
  • did the stock hold VWAP?
  • what EMA did the stock actually hold? (go through all the EMAs (5)(9)(50)(200) to determine which EMA the stock actually held yo.......... and NOTATE THIS........
****track what the day's end RVOL was at the end of the day...........
****track what the RVOL was at that current point in time, when the stock DIPPED/TANKED/descended downard, during that point in the day..........
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


Oracle loves dip and rips. -Bohen ----------- yo i need to see the entry level (and target price, and stop loss level) ORACLE suggests on stocks i consider playing.....................


Dip and Rip Basics
Many traders don’t realize that the Dip and Rip setup is actually meant to reduce risk.
Most of us know that the first minutes after the market open are a bit crazy.
Big money, promoters, shorts getting squeezed, and a host of other players all jockey for position, sending prices all over the place.
While I need price movement to turn a profit, I prefer it to be more controlled and predictable.
The market open is too much like the wild west for my tastes.
That’s why I prefer to wait until after 9:45 a.m. when things have calmed down.
The premise of the Dip and Rip setup is to wait for the heavy selling to occur at the open. Then I wait for buyers to step in and push prices higher to break a key level where short-sellers will get squeezed, typically around quarter or half-dollar numbers — like $5.25 or $5.50.
I call these the target or the entry point for the trade.
My stop is usually back near the early morning VWAP, lows of the day, the break of the open, or something that tells me bulls have lost control of the price action. -Bohen

✔ I use the (premarket high) and (open) as a reference point for my [Dip and Rip] pattern STOP LOSS. -Bohen #stopLoss


PREMARKET SPIKES BASED ON A CHAT PUMP, AND THE DIP AND RIP PATTERN ARE COMPLEMENTARY TO EACH OTHER
With [chat pumps] you want to "buy in pre, sell in pre".
Because "buy in pre, sell in pre" and the [dip and rip] are complementary patterns when it comes to trading [chat pumps].
Here’s why…
When a ‘guru’ sends out their alert to chat followers, the stock spikes in PREMARKET. But when the market opens, it will pull back as the ‘guru’ sells and premarket traders take profits…
Then as more traders come in, buying on the press release, you get a [dip and rip]… Or, if it dies it dies.  -Bohen #premarket #chatpumps #Dip&Rip


On the [DIP AND RIP] pattern, consider setting my STOP LOSS at the premarket highs level. -[bohen commentary]


After a big run/SPIKE / a GAP UP on Day 1 (or any day of a stock being in play), you can expect to see some profit-taking and pressure from short-sellers... THIS LEADS To the stock being a watch for a [dip and rip] or a [weak open red-to-green] move the next morning... this pertains to a stock with NEWS, LOW FLOAT, HIGH VOLUME, and HEAVY FLOAT ROTATION. -[Bohen commentary]






For a Dip-and-Rip, I like to see a stock in a hot sector that has been up for the past few days. That tells me shorts are likely piling in it, so once it dips out of the gate, it has a nice recipe to rip through the high, scare shorts, & then rip to new highs. -Monaco


DIP AND RIP [vs] MORNING PANIC -------- The dip and rip is a pattern where you buy into strength. With the morning panic dip buy you buy into weakness [tends to bounce, then fade later in the day].


Min 7:35 - Min 11:15 ---------- DIP AND RIP pattern CRITERIA and where to SET RISK --------- https://youtu.be/pzBrXXtbnKU .............. #Dip&Rip
1. former runner
2. hot sector
3. well-time PR
4. low float
5. chat pump
6. weak open
** 3:1 risk reward ... risk off of key levels... enter on a key level...



I call it the "dip and rip", and Sykes calls it the "morning panic dip buy"... But It’s the same pattern and can be very effective ------ https://bit.ly/3CdwOfw ........... https://bit.ly/3lALRZP ........


Min 4:30 --------- Min 8:40 -------- Min 17:20 ---------- NEVER dip buy a late day panic......... That's not one of the patterns...... it's how Mariana lost $53kin one day -------- Dipbuys in the mornings have ALL DAY to try to bounce; but afternoon dip buys lead to morning panics the next day, so never dip buy in the afternoon -------- www.youtube.com/watch?v=xDbcStOuEbw ............


Min 36:40 - Min 39 ------------ playing the dip and rip -------- www.youtube.com/watch?v=tuKEAiE1z_k ........... #Tuohey #Connor


bro------- these stocks all constantly spike up circa 9:45 am ........... great Dip'N'Rip opportunity pattern plays, no doubt!......................

A [dip and rip] is a good pattern to look for during market open when a stock gaps up big in the morning. -Bohen

I don't like trading the open... I'm generally going to give a stock at least 5 minutes, to see where the action goes... The market opens, and i wait... That's what i do... Volume is very important -- so if i can let the stock shake out a little bit, the volume levels will reveal themselves... It's very hard to find solid risk levels at market open (unless you're using pre-market action or arbitrary numbers).. but if you give a stock 5-15 minutes after market open, the support level will reveal itself, as will risk/reward... -Roland Wolf [www.youtube.com/watch?v=cE3P8mtSyx4]     #PLAYS #MARKETOPEN




How to find a DIP AND RIP --------- https://twitter.com/StocksToTrade/status/1610311752058822656?s=20&t=2iC6N8jllhR2vX1RFMwA2A ...........

Min 14 ------ Be patient on LISTED STOCKS, by letting the stock play out choppy for the first 20 minutes, before buying and letting it rip up --------- www.youtube.com/watch?v=BPXNDGzIrQY ........... #RolandTip #Jack#2Tip .............
 
DIP AND RIP -------- Wait For a DIP AND RIP after 9:45 AM... I like to wait for a post 9:45 a.m. DIP AND RIPp on chat pumps because nine out of 10 fail at the open. But if you miss the move in premarket, and don’t get a post 9:45 a.m. dip and rip, it doesn’t mean all is lost… there are always multiple ways to play it... look for an AFTERNOON VWAP HOLD pattern. Or if it becomes a wild spiker that halts all the way up and doesn’t give you an entry…We let it calm down, and if it closes near its daily highs, we watch it for a WEAK OPEN RED TO GREEN move the next day. -Bohen #plays #patterns #dip&rip #afternoonVWAP #red-to-green #redtogreen

I wanted to see the stock pull back at the open to lure in shorts. Then I wanted it to break above the premarket high and $3 key level when the CEO appeared on CNBC. $2.50 was my risk level and my goal was a squeeze to $4.50+. 
That’s it. 
I didn’t get excited about the news. And I didn’t have a bias or expectation. Here’s what I said in my morning webinar…
I don’t care if this stock fails and goes to $1.
• It’s not a dip buy.
• It’s not a buy on a VWAP reclaim.
• Assume the news is a scam.
• Watch out for an offering. (Later in the morning, news dropped that the company will do one next week.)
Remember: The market doesn’t care if you think the news is good. Opinions don’t matter. And things change fast. 
That’s why we 
That’s why we trade price action, momentum, and patterns. 
And we don’t anticipate stock moves — we react. 
And we don’t anticipate stock moves — we react. 

DIP AND RIP -------- Wait For a DIP AND RIP after 9:45 AM... I like to wait for a post 9:45 a.m. DIP AND RIPp on chat pumps because nine out of 10 fail at the open. But if you miss the move in premarket, and don’t get a post 9:45 a.m. dip and rip, it doesn’t mean all is lost… there are always multiple ways to play it... look for an AFTERNOON VWAP HOLD pattern. Or if it becomes a wild spiker that halts all the way up and doesn’t give you an entry…We let it calm down, and if it closes near its daily highs, we watch it for a WEAK OPEN RED TO GREEN move the next day. -Bohen #plays #patterns #dip&rip #afternoonVWAP #red-to-green #redtogreen

A morning dip and rip.
✔ For example, I use the (premarket high) and (open) as a reference point for my [Dip and Rip] pattern STOP LOSS.


Min 22:55 --------- HOW TO MANAGE MY TRADE (I.E. RAISE MY STOP LOSS HIGHER IF THE TAPE IS HOLDING A LEVEL HIGHER THAN WHAT I WAS CURRENTLY RISKING; RAISING MY STOP LOSS MEANS I CAN BUY ADDITIONAL SHARES, THUS LOWERING MY AVERAGE ENTRY PRICE, WHILE MAINTAINING GOOD RISK MANAGEMENT!) --------- manage my trades by raising my RISK LEVEL potentially (raising my STOP LOSS), which would then enable me to add more shares to my current open position, based on the SHARES I TOOK with my risk initially being lower, serving as a fraction of the TOTAL POSITION SIZE I AM ABLE TO ACTUALLY TAKE were i to raise my risk/stop loss level! ------- Trading Tickers 2 – Chapter 7 -------- https://members.timothysykes.com/lessons/trading-tickers-2-chapter-7 ......... 



IF there is LIGHT VOLUME (less than 5 million volume) in pre market, that automatically makes the trade a post 9:45 am idea (in other words, never trade at the open or during pre market if there is LOW VOLUME of less than 5 million)…. -[bohen commentary]

 ONE THING I NEED TO TRACK FOR EACH (SECTION i.e. market cap/float) is HOW MUCH OF A PULL BACK DOES THE STOCK DO (when it goes below IT'S SUPPORT LEVEL) before it ends up REBOUNDING back up for the spike / bounce / dip buy?............. AND at what time does such occur typically......... 


HOW TO TRACK A PATTERN THAT BREAKS OUT OF PREMARKET CONSOLIDATION AT MARKET OPEN, BY DUX:
1. scan for under 100million market cap
2. scan for under 10million float (this pattern works the best on LOW FLOAT; if it's a large float then the pattern is unlikely to work).
3. track how many times did the stock pull-back .... When you buy at the breakout level, right after the market open, statistically track how many times did it spike (how many pull backs and spikes did it have simultaneously during that early morning time period)? .... THERE IS TYPICALLY ABOUT 2 PULL-BACKS on the pre-market breakout pattern.... the pull-backs give you a general idea that the stock is likely reaching it's end (& hints for you to take profits).
4. track what is the avg maximum gain of the pattern (see Min 1:27:00+ in PART 4)....  This factor is more important than the pull-back factor in that if the stock price reaches it's avg max gain, and it doesn't pull back, then you still need to take your profits (and not wait/expect for it to pull-back)... 
5. Also track when it would be too late to enter #neverchase ----- how late is too late? What kind of "too late" scenario makes the trade not worth it anymore?
6. IF THERE ISN'T A DECENT CONSOLIDATION IN THE PRE-MARKET, THEN THIS PATTERN IS VERY UNLIKELY TO WORK... -DUX

*************This pattern (a breakout of premarket consolidation) doesn't really work on big cap stocks.. it only works on LOW FLOATS(under 10m) and Low/small MARKET CAPS (under 100m). -Dux

Volume is not tracked for this pattern b/c all of the patterns have a pre-market consolidation (which thwarts the need for VOLUME to be factored into it's statistical requirement for success).... If there isn't a decent consolidation in the pre-market, then this pattern is really unlikely to work.... -Dux

The morning breakout (out of premarket consolidation) is very very easy (to track and trade)... This pattern works great on BioTech and LOW FLOAT stocks.... -Dux

If there are warrants involved, then the morning breakout (out of premarket consolidation) is likely to fail... (i.e. insiders are likely to sell into the people who bought the breakout). -Dux

It is beneficial for there to be a good catalyst involved (for the breakout): an earnings winner | a contract winner... Merger news for low float stocks (when merging with a large cap stock) is a really good catalyst. -Dux

#PriceNeurtralizing --------- when [price is not dropping] and [volume is fading], it means most people are HOLDING their shares... [When the bearish and bullish factors conflict with one another, that means the stock is neutralizing]... it is wise to stay out of the stock during this time period (poor risk/reward; no play at hand)... AS A DAY TRADER YOU WANT TO FOCUS ON VOLATILITY.