Sendme:
You have a lot of stocks & indexes you are following! I only follow several at a time as long as I like the chart, but I'll admit I do like a story...
As far as BLUE is concerned it does look interesting to me for the following reason; I am a big believer in watching how the RSI reacts to price rallies and declines...notice that the RSI did NOT go to a new swing low, but the price did...the touch at the 200 day was a classic sell and the break of the 50 day is not currently interesting for an entry but it might be.
Take a look at BIIB which is showing this same RSI divergence, but also trading under the downline from the highs, under both 50 day and 200 day, notice the 50 day broke below the 200 day (death cross) which sometimes is helpful, not always)...
On those exceptionally strong stocks (parabolic runs), I would just suggest looking for how the RSI behaves on the spikes and sharp declines...all normally associated with "news".
One thing I would be aware of is really big volume normally comes with "news" and is associated with tops and bottoms.
My efforts combine trendlines, support & resistance, 50 day, 200 day,Bollinger/EMA, RSI, MACD turns, OBV, P&F (for targets), volume, fibs.....but I do use a few other indicators, too...such as exhaustion levels, force index,
