EWZuber 1,373 posts msg #30306 - Ignore EWZuber |
12/15/2003 4:45:33 PM
txtrapper
That is exactly to the penny where my system would have closed the position using an hourly chart.
This is where trendline support was broken and the resultant horizontal trigger line was violated.
Was your entry around $1.09 ~ $1.10 ?
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txtrapper 548 posts msg #30308 - Ignore txtrapper |
12/15/2003 5:13:07 PM
EWZuber
CCCI ENTRY: I rely heavly on Weekly Stochastics 1year/d/w for entrys.
It was the EMA(13) crossing above EMA(26) that triggered the buy on 12/12/2003, the price was then a $1.14 but also CCI(10) and QStick(8)both alerted an early buy on 12/11/2003 clearly shown on a 20day/30min Prophet Java Chart (realtime).
Oh yes, and RSI(2) was pegging the needle between 75 and 100 when I placed my buy order for CCCI on 12/11/2003 before the big move, , so it is clear that you can't totally rely on RSI for buy and sells.
And don't ignore, CCI and QStick indicators crossing 0. Also when StochRSI(8) pegs the needle (high) most stocks soon go up after that too.
tx
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EWZuber 1,373 posts msg #30314 - Ignore EWZuber |
12/15/2003 11:28:25 PM
txtrapper
It seems that many of your indicators converge right around the time that the Trendline Resistance is broken.
It is the event of the breaking of the trendline resistance that I use as a buy signal with Stochastic +xover confirmation.
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EWZuber 1,373 posts msg #30395 - Ignore EWZuber |
12/29/2003 3:56:53 AM
BFUN. May be forming a morning star on Weekly and daily charts.
Thursdays volume looks like it may have been capitulation.
Volume last two hours of the session Friday was relatively heavy.
Looking at hourly charts BFUBN closed above a 9 day Resistance Trendline and is not looking overbought.
25 HR. MA is flat enough to be used as support @ $0.91 ~ $0.92. JMHO
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txtrapper 548 posts msg #30396 - Ignore txtrapper |
12/29/2003 7:38:43 AM
Zuber
Take another look at CCCI closed @ $1.23, it has the Stoch (5,2)fast 1yr/w crossover,300K Volume, EMA(13) & EMA(26) crossed over Dec.24th on 20day/30min prophet chart.
Stocks looks good again.
May bounce to $1.40 or more.
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BFUN I would buy on a dip, looks like it may dip at the open to around $0.87, however it does have the 1yr/w Stoch crossover going for it and StochRSI(8) is pegging the needle on the 20day/30min chart.
tx
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txtrapper 548 posts msg #30397 - Ignore txtrapper |
12/29/2003 8:01:26 AM
Wildcards; These are off HG's Killer Filter w/one day offset!
CRPP... $0.02 MACD & STOCH looks good!
ALGXQ..$0.04 L/R, BB, MACD & STOCH looks good !
GADZ...$1.04 EMA(13 EMA(2) crossover on 20day/30min chart,MACD & STOCH looks good too!
tx
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txtrapper 548 posts msg #30398 - Ignore txtrapper |
12/29/2003 8:02:48 AM
GADZ should read EMA(26)
tx
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txtrapper 548 posts msg #30399 - Ignore txtrapper |
12/29/2003 8:14:49 AM
HG KILLER FILTER W/One day offset!
tx
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txtrapper 548 posts msg #30402 - Ignore txtrapper |
12/29/2003 10:05:14 PM
Tuesday 12/30/2003
I bought GADZ @$1.36 today, will sell 1/2 @ $1.62. Buying CPST & GIGM on green.
GADZ $1.47 ...look at prophet 1y/d chart
CPST $1.48...testing a 3/mo low
GIGM $1.50...looking good
tx
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txtrapper 548 posts msg #30403 - Ignore txtrapper |
12/29/2003 11:24:01 PM
These stocks are what I call "Springs" they may open and shoot up or drop (compress) at the open. I personally have had great success with this method. Not uncommon to get a $.20 to $.30 cent gain before 9 AM. But don't chase them if they open high say over $.08 let them go.
One play is similiar to the "Muddy Method" if the stock opens "green", say up $.03 to $.08 cents get in.
My favorite play and the "biggest money maker" is plug them all in your browser,
watch the ones that drop $.10 to $.25 at the open, that's when you can use RSI(2)on a prophet.net 20day/30min chart, or 2day/5min chart. Sometime I wait and watch and some spring back up very fast. If you wait a few minutes you can see the bottom I get in then, they may sit there a while and then "bang" go up fast. The worst part is waiting on the one you really like and then bang it shoots up without you, well that's trading 101.
TTG $4.78
WHX $2.58
NEGI $2.61
PRFT $2.15
AULT $2.30
AMSF $2.26
CURN $3.20
ACPW $2.71
tx
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