Tuesday, April 05, 2005 4:07:31 PM
Todays daytrade...I don't remember who brough this one...
to my attention...MACDad???... whoever it was THANK YOU!!!
MOBE--huge gap up...when a chart builds a beautiful symetrical triangle after a
huge gap up at the open, volume will diminish at the end of the triangle...
look for higher volume than the open to jump in...I bought on the first volume spike at 11:10
(1000 at 8.30)...I added to the position when the volume exceeded the prior spike, and it broke
thru the resistance at 8.50 at 11:35 (2000 at 8.51)...when the volume hit the peak, I bailed
(all out at 9.01)as soon as the doji formed, because the doji's high didn't beat the prior high...
not too shabby...
Another perspective--buy the first volume spike...buy the second volume spike when it exceeds the first, and it breaks
up thru resistance...sell on the super high volume when a shooting star or a doji is formed...
Look at the bollie bands right before it booshed the first time
at 11:10...look at the bollie bands now...I wonder what's next...stochastics turning up off the 50...hmmmmm...
I'm out of posts for today...c'ya all tomorrow...
Good Luck To ALL ;>)
to my attention...MACDad???... whoever it was THANK YOU!!!
MOBE--huge gap up...when a chart builds a beautiful symetrical triangle after a
huge gap up at the open, volume will diminish at the end of the triangle...
look for higher volume than the open to jump in...I bought on the first volume spike at 11:10
(1000 at 8.30)...I added to the position when the volume exceeded the prior spike, and it broke
thru the resistance at 8.50 at 11:35 (2000 at 8.51)...when the volume hit the peak, I bailed
(all out at 9.01)as soon as the doji formed, because the doji's high didn't beat the prior high...
not too shabby...
Another perspective--buy the first volume spike...buy the second volume spike when it exceeds the first, and it breaks
up thru resistance...sell on the super high volume when a shooting star or a doji is formed...
Look at the bollie bands right before it booshed the first time
at 11:10...look at the bollie bands now...I wonder what's next...stochastics turning up off the 50...hmmmmm...
I'm out of posts for today...c'ya all tomorrow...
Good Luck To ALL ;>)
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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