THE HARVEST BOARD

[Jiorden]

Hey Ken,

Question.

On stocks with lower PPS are the rules for Aroon activity on day 1 and 2 of the magic box set in stone? Or are they bendable...

Reason I ask, is because it seems like I am finding lots of magic box patterns that seem to have a double bottom. The lows of the two days of the magic box are equal to eachother, which causes the Aroon down to stay at 100 through both days of the pattern.

Im thinking because of the lower price of these stocks and because stocks can only trade with 4 decimal places, it is more likely for prices of lower priced stocks to have equal lows. This situation is even more likely for triple zero stocks.

If the rule is bendable, what would confirmation on the aroon down be? Hitting 87.5 or hitting 75?

Thanks in advance,

Jiorden

A good example of this stock is ISON. It has a double bottom at .80 cents. The stock seems like its finding support at the 100 day MA. What do you think of this one?