Ken,this Magic Box is a very interesting play. It turns out to be a very useful tool for evaluating these stock alerts that we all get.
I actually started paying attention to your system because vipyr's been testifying to the success of your “consortium of indicators” on the Stockhideout website.
But the stock is deep in quicksand on the 3yr chart... Does that mean we shouldnt play it??? Or do we just monitor it for the landslide setup once we get in, just in case it decides to give back its gains..
-- The Williams crossed above -50. -- The Full Stochastics are trending up and fast over slow line. -- Aroon Down is headed down. -- +DI (ADX) is (1) above 20 and crossed above the -DI. -- Price is above the 5-day MA (now to just get the 5-day MA above the 10-day and the 20-day (median Bollinger Band).
I bought some yesterday at 0.62. But since it is in Quicksand, I'll be quick to take profit or bail if I sense this is heading back down.