Eman93
4,750 posts
msg #115818
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10/10/2013 3:50:49 PM
sold DUST
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shillllihs
6,102 posts
msg #115819
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10/10/2013 3:56:40 PM
Dust triggered yesterday on my chart as a short.
Add to that list FAZ TVIX TZA
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Eman93
4,750 posts
msg #115827
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10/11/2013 8:03:14 AM
SPR nice chart
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johnpaulca
12,036 posts
msg #115828
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10/11/2013 8:54:02 AM
BPOP($24.27).....has a ranking of -94 on my extremely oversold system...this is due for a bounce.
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four
5,087 posts
msg #115830
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10/11/2013 9:57:36 AM
johnpaulca
7,654 posts
msg #115732
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modified 10/7/2013 11:27:51 PM
HSH($30.76)....testing a shakeout pattern...(long)
ANF($33.95)
KO($37.05)
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johnpaulca,
How are you doing with these?
Please define " shakeout pattern".
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Eman93
4,750 posts
msg #115840
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10/11/2013 3:35:55 PM
BPOP nice thanks$$
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Eman93
4,750 posts
msg #115841
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10/11/2013 3:37:00 PM
SYMC braking above descending trend line
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johnpaulca
12,036 posts
msg #115845
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10/11/2013 4:39:29 PM
Please define " shakeout pattern
***********************************
look for samples hitting extreme oversold conditions and starts to base, add them to a watchlist. The first bounce is ignored, buy the pullback which is about 5-16 days, most will bounce on the 5Th or 6Th day. Volume should be greater than 1-million, stocks tested are above $20. I only trade the stock if the 2ND bottom is lower than the first bottom(base). Most folks will have their stop just below the first bottom and will experience the "shakeout", 2nd bottom would low risk and very profitable entry.
BPOP is an example of a first bounce, occurred 5 days below my extreme oversold condition. 2nd bounce example ANF could be used to calibrate your favorite indicators. You've already seen HSH, KO is still a first bounce and is kept on my watchlist....hth
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johnpaulca
12,036 posts
msg #115846
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10/11/2013 4:40:10 PM
E...do I get a beer??? lol
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four
5,087 posts
msg #115850
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10/12/2013 1:28:32 PM
johnpaulca,
thanks
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