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Re: TripTrap post# 452

Wednesday, 12/23/2020 12:51:28 PM

Wednesday, December 23, 2020 12:51:28 PM

Post# of 632
Absolutely my friend! Merry Christmas to you as well! And yes I like to use the 50 day EMA and 250 day EMA and also the 20 day EMA with a 10 day MA.
I also use the SCTR indicator for many stocks.. But with AVCO that indicator goes out the window and cannot be used.. I like that indicator to show at least a 90, where AVCO shows an SCTR of 5. But AVCO is the golden article, so the SCTR does not matter in my opinion.
You are right however, as soon as this stock can clear that 1.51 area and stay up there for a few days, we will be done with the dungeon work down here :)
Anyways not sure if you are familiar with the SCTR indicator, but with all the tech analysis you have done, I am sure you know what it is. This is where I learned about it.
https://stockcharts.com/articles/tradingplaces/2015/04/using-the-sctr-rankings-to-boost-your-trading-results.html
Cheers...
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