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Re: TheHound post# 1700

Monday, 03/28/2016 3:11:48 PM

Monday, March 28, 2016 3:11:48 PM

Post# of 8706
Right on Hound, I was going to also say that the ascending pattern just began on the 26th, 3 days following a full moon and with a 50 RSI we have a lot of room here for the next leg up.

The moon cycle pattern has been dead nuts over the past couple of years and made it possible to hit the mark over and over again even when the price went down.

Keep this cycle in mind while also keeping an eye on the RSI and you will win every time. I have more than quadrupled my position using this technique over the past couple of years taking advantage of the pps level for better gains than if this was sitting at $20.00 per share as the over all spread is more significant with the lower price.

http://lunatictrader.com/?Moon_Cycles:Lunar_Phases

RSI indicator.

http://charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-512-03NA000000CLF-&SF:1|27-SH:27=10-BG=FFFFFF-BT=0-WD=635-HT=395--XTBL-

It's all good.

Happy Trading wink
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