Friday, November 05, 2004 3:16:20 AM
EASY remember the old Who song lyrics? "can't explain"
caught a nice scalp mid afternoon on EASY right as the volume picked up "Feelin good now, yeah, can't explain"
EASY has been on my WL since 10/27 but i forgot to tag it with my code so i don't even know why! the next 5 candles were all "black": close below the open, but the first three of those days the stock opened at the HOD and the real bodies of these candles were relatively large which, to me, is an indicator of increased volatility which means a tradeable opportunity.
EASY broke it's downtrend with a hammer on 10/8 and though it's not formful for my primary oversold scans it is a curious ticker.
There was an earnings release today
http://biz.yahoo.com/bw/041104/45215_1.html
which i haven't looked at except to note they are making $.
Today's volume hasn't been this high in 5 months, the stock closed near the HOD and the dive in the short term stochastics is reversed. How buoyant can it be? I have no clue.
There's an awful lot of positive TA metrics here(most of which I've never manually calculated and barely understand). [Somewhere on iHub there's a model chart having to do with seasonality that i've tweaked for my own use and want to do further study with]
I think that if EASY can break resistance at 1.66 established twice in June and touched on Wednesday, then the 1.80s seem doable short term.
I believe it's worth your attention
caught a nice scalp mid afternoon on EASY right as the volume picked up "Feelin good now, yeah, can't explain"
EASY has been on my WL since 10/27 but i forgot to tag it with my code so i don't even know why! the next 5 candles were all "black": close below the open, but the first three of those days the stock opened at the HOD and the real bodies of these candles were relatively large which, to me, is an indicator of increased volatility which means a tradeable opportunity.
EASY broke it's downtrend with a hammer on 10/8 and though it's not formful for my primary oversold scans it is a curious ticker.
There was an earnings release today
http://biz.yahoo.com/bw/041104/45215_1.html
which i haven't looked at except to note they are making $.
Today's volume hasn't been this high in 5 months, the stock closed near the HOD and the dive in the short term stochastics is reversed. How buoyant can it be? I have no clue.
There's an awful lot of positive TA metrics here(most of which I've never manually calculated and barely understand). [Somewhere on iHub there's a model chart having to do with seasonality that i've tweaked for my own use and want to do further study with]
I think that if EASY can break resistance at 1.66 established twice in June and touched on Wednesday, then the 1.80s seem doable short term.
I believe it's worth your attention
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
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