Schimatic Technologies, Inc (SCTN)

[mrscashflow]

trip I owe you....thank you very much SCTN is going to have a nice run I can feel it.

1 month daily
http://stockcharts.com/h-sc/ui?s=SCTN&p=D&yr=0&mn=1&dy=0&id=p07601551740

Ma...n this stock might be a jet once it leaves the launch pad.

see the Kumo GREEN cloud it's bullish that's the 53 week moving forward the wider the green cloud higher the price the blue line crossed-over the red bullish in mid April it's been trending up the stock pric is above the clouds that's why I bet the spread is wide to stop the selling.

The Green Cloud is larger on a 1 month to me it feels like it's going to be one of those stocks that's going to breakout moving so fast it's going to suck 'em in hahaaaa the masses will buy at any price.

Fill the chart
http://stockcharts.com/h-sc/ui?s=SCTN&p=D&b=5&g=0&id=p35179354247

http://stockcharts.com/h-sc/ui?s=SCTN&p=D&yr=0&mn=3&dy=0&id=p62430795482

Tenkan-sen Blue line 9 day (H+L)/2 (conversion line)
Kijun-sen Red line 26 day (H+L)/2 (Base Line)
Chikou Span Green line -26 days (Legging Span)

Ichimoku Cloud Trading Strategy Introduction

Introduction

Even though the name implies one cloud, the Ichimoku Cloud is really a set of indicators

designed as a stand alone trading system. These indicators can be used to identify support

and resistance, determine trend direction and generate trading signals. Ichimoku Kinko Hyo,

which is the full name, translates into "one look equilibrium chart". With one look,

chartists can identify the trend and look for potential signals within that trend.


Strategy

Chartists use the actual cloud to identify the overall trend and establish a trading bias.

Once a trading bias is established, chartist will wait for a correction when prices cross

the Base Line (red line).

An actual signal triggers when prices cross the Conversion Line (blue line) to signal an end

to the correction.

This trading strategy will set three criteria for a bullish signal. First, the trading bias

is bullish when prices are above the lowest line of the cloud. In other words, prices are

either above the cloud or remain above cloud support.

Second, price moves below the Base Line to signal a pullback and improve the risk-reward

ratio for new long positions.

Third, a bullish signal triggers when prices reverse and move above the Conversion Line.

As you can see, the three criteria will not be met in just one day. There is a pecking order

to the process. First, the trend is bullish as defined by the cloud. Second, the stock pulls

back with a move below the Base Line. Third, the stock turns back up with a move above the

Conversion Line. (see link for images)

Buy Signal Recap:

Price is above the lowest line of the cloud (bullish bias)
Price moves below the Base Line (pullback)
Price Moves above the Conversion Line (up turn)

Stockcharts's School
http://stockcharts.com/school/doku.php?

st=ichimoku&id=chart_school:trading_strategies:ichimoku_cloud

Coppock Curve Introduction

The Coppock Curve is a momentum indicator developed by Edwin "Sedge" Coppock, who was an

economist by training. Coppock introduced the indicator in Barron's in October 1965. The

goal of this indicator is to identify long-term buying opportunities in the S&P 500 and Dow

Industrials.

The signal is very simple. Coppock used monthly data to identify buying opportunities when

the indicator moved from negative territory to positive territory. Although Coppock did not

use it for sell signals, many technical analysts consider a cross from positive to negative

territory as a sell signal