Replies to post #33267 on Tasty Booshers

[wharfrat]

Yes TA, a 'Boosher Chsrt' defined..
From the IBOX:
The common technical look and things to watch for in a "boosher":

Perceived reward 2 or more times larger than the risk(trend or consolidation break with stop loss).

Defined consolidation; Tight range with defined risk(stop loss) and defined boosh point(stop buy), with fairly measurable reward. Consolidations above previous highs from months or years ago, or just below all-time highs is ideal.

13ema above the 50 ema: Watch for the common kiss, and use the possible kiss area to initiate or add to a position. Cross can often be the kiss of death, but not always, especially if price reverses within a few days of the cross. This is the common measure of a bull or bear market for a particular stock.

ADX below 20: The longer the better. Shows high energy explosion or implosion.

13ema/20sma: Trademark boosh event. In a very bullish market, the 13 ema will stay above the 20sma and the kiss event is a great entry or addition point. Minimizes time risk, and dollar risk.

[ddbl_our_buck]

Hey Mick! You making any money? em