lowtrade

[lowtrade]

Been working tonight and the last thing I did was to re-look at ENCR, because of the wash trading volume, I saw end of day.

Guess what I noticed. My TIP theory worked at this stock once already +/-. Didn't notice that before. It popped just at the end of week 2 start of week 3.

The more you see something happen, the more you can rely on it !

Good night

This one is a working TIP. Haven't seen the theory work enough to completely trust it yet. But it has worked several times so far.

Theory;
When a run holds at or above FIBs 50% a week, second week produces new run.

The theory is based on phycology will follow sentiment after 1 week. So if a run hasn't broken down after the first week, investors will generate a new positive feeling of safely and start moving in again. Remember traders sentiment got the price pop. Investors invest in the up trend phycology.

Also keeping an eye on 5,10,20 MAs closing on a decision point, week 2.