Interesting you look at the weekly for the bottom. Usually on these "pincher bottoms" they run up to the 20, and if they break that to the 34 before consolidating again before longer runs.

I usually never use the weekly charts when playing the bottoms because it never correlates to the daily.

An example is COLL. Bought this yesterday for it to hit the 20 and it hit it perfect today but look at the weekly...would never trade daily bases on weekly's.

I am working on really trying to hone in on the pinchers and trying to find the right algorithm but there is no way to back test them using SC.

Did buy some MOS today see what happens. Will post some pinchers I am watching later.

Thanks for the update.

What happened in After hours?

LBY

http://stockcharts.com/h-sc/ui?s=LBY&id=p60755620285&def=N&listNum=17

Yeah agreed looked like it was going to break the 13 but just bounced right under... oh well plenty of fish in the sea...

Is NVAX ready?

http://stockcharts.com/h-sc/ui?s=NVAX&id=p60755620285&def=N&listNum=17

No worries I have been traveling overseas for work just getting back into the swing of things. With these bottom plays I have noticed if it breaks the 34 and closes above for at least 2 days we see uptrend continue.

In this case it closed below for 2 days which indicates downtrend is probable. I sold all of my swings before traveling because can't watch them, and just kept my longs which I usually trade yearly but will get back into this week.

Best

Adhd everything is pointing up.

http://stockcharts.com/h-sc/ui?s=ADHD&id=p60755620285&def=N&listNum=17

Yep she moved fast out for now. GL.

Cali finally making a move.

http://stockcharts.com/h-sc/ui?s=CALI&id=p60755620285&def=N&listNum=17

You seem really knowledged with indicators so I am sure you can figure it out...sometimes you just have to KISS it with bottom plays...

Ok will do followed you here on accident a while a go. Some of them where not pinchers is why I posted them here but no worries. Lots heating up right now could way to end the QTR!

These are a very shortened version of my trading charts... everyone has there own buying and selling indicators I just like the way that setup is to follow on here...

Rely also and pes watching

http://stockcharts.com/h-sc/ui?s=RELY&id=p60755620285&def=N&listNum=17

Rrd

http://stockcharts.com/h-sc/ui?s=RRD&id=p60755620285&def=N&listNum=17

Jone

http://stockcharts.com/h-sc/ui?s=JONE&id=p60755620285&def=N&listNum=17

Ceru

http://stockcharts.com/h-sc/ui?s=CERU&id=p60755620285&def=N&listNum=17

Uan

http://stockcharts.com/h-sc/ui?s=UAN&id=p60755620285&def=N&listNum=17

Gevo

http://stockcharts.com/h-sc/ui?s=GEVO&id=p60755620285&def=N&listNum=17

Agrx

http://stockcharts.com/h-sc/ui?s=AGRX&id=p60755620285&def=N&listNum=17

Cpe went into a short term pinch at 3:00 using what indicators?

I am so confused with why you say cpe , and bbg are short term pinchers, but vsto wasn't on the 15min...my buy at 20.15 when alerted was right at the bottom of the pinch.

Can you please explain the buy signals for bbg, and cpe?

IMO... a short term pincher would be vsto on the 15 min chart?

These are not a ST pinch, but a daily pinch. I always post charts sometimes early so I can follow them and wait for the macd and rsi, crossovers. Sometimes they go early, sometimes takes weeks...but these usually work for 10-30% in a few days...:)

I am confused...sorry how was it a pincher in the short term? This one had not been a pincher by definition in a very long time...

What indicators make it a short term pincher?

Bbg

http://stockcharts.com/h-sc/ui?s=BBG&id=p60755620285&def=N&listNum=17

Cpe
http://stockcharts.com/h-sc/ui?s=CPE&id=p60755620285&def=N&listNum=17

Usrm is a pincher?

Ohrp

http://stockcharts.com/h-sc/ui?s=OHRP&id=p60755620285&def=N&listNum=17

I agree with you on the weekly of this thing...everything is pointing up, but man I hate playing pennies. GL.

Nao

stockcharts.com/h-sc/ui?s=NAO&id=p60755620285&def

Din
http://stockcharts.com/h-sc/ui?s=DIN&id=p60755620285&def=N&listNum=17

Meec
http://stockcharts.com/h-sc/ui?s=MEEC&id=p60755620285&def=N&listNum=17

Sncr
http://stockcharts.com/h-sc/ui?s=SNCR&id=p60755620285&def=N&listNum=17

Check out fcsc. Interesting setup here...

stockcharts.com/h-sc/ui?s=FCSC&id=p60755620285&def=

Ohrp

http://stockcharts.com/h-sc/ui?s=OHRP&id=p60755620285&def=N&listNum=17

Nice! Check out vsto may be ready...GL

http://stockcharts.com/h-sc/ui

Maybe RT is ready?

http://stockcharts.com/h-sc/ui?s=RT&id=p60755620285&def=N&listNum=17

Absolutely pigs get slaughtered, but not with a bullish Marubozu candle at end of day...
I would have held also and prob sold early in the am or waited for a inverted hammer, or evening star which may be forming today...great call!

In mjtx at .0132 afternoon may get interesting see what happens gl.

Cool thanks for the heads up on this!

Dude if you have the balls to go long on some of these things....I spent about 4 years going long on penny lottery tickets...some went up as high 8000% others 0... an example I am still holding Fannie and Freddie from .89...I almost debated selling half this time at $4.20 but didn't because I wanted to wake up and hope that the court ruling yesterday was in favor..look at fnma yesterday...man that hurts but I still think no way govt is getting rid of the 30 year mortgage because that would mean the end of middle America...I wish I was this long on my amazon I traded in and out 8 times...

Spwh may be ready. Also watching the viix, vixy and tvix, very closely right now...see what happens now that some of the sprinkles are wearing off...shos, pfmt, cab, and Vra coming off bottoms

Wow dude great call...man o man saw it almost bought on close Friday but didn't because I am traveling this week for work for trade show. Hope you did well though!

O man that thing is moving quick...is MJ on play again?

Bought some RRTS this am check out the weekly also. Looks good at these levels.

Like the setup on this one will add thanks.

Agreed I like the setup let's see what happens. GL.