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NASARAVI

08/05/18 9:39 AM

#75 RE: rimshot #74

Rim

Many thanks - will review an book mark this diligently. Studying your monthly AAPL chart - in retrospect it was so easy to identify market bottoms, intermediate bottoms and tops as well -

Keen review of teh monthly chart for AAPL exhibited few integrating insights

0. Any price cross up or down of monthly 3 and 5 is 15-20 months buy or up in AAPL case and 9 months down

1. %BB bottoms are good tradable bottoms - tops provide a negative divergence

2. RSI 9 provides a good top when it comes below 70 and below ema 89.

3. 5,20,1 MACD cross up above 0 is buy and hold and print top could be a good top although not always true like now - it is trying yo make a higher high

4. Stoch 15,3,6 below 80 will signal a top as well

While AAPL can run up to R3 for the month at 215 - there is no risk to reward. I played 10 shares and got out.

Biggest thing in teh market is conviction - it comes only from getting hands dirty - trading -

By investing in education I want to be a better trader investor during all good bottoms but also next major bear bottom whenever it comes.

Insanity is doing same thing again and again and expecting different results - Einstein.
I had to change and try proven techniques and strategies even if it meant small, yet consistent gains.
Have to build up my self esteem - and eliminate fear of failure - take intelligent risks.

Have a good ride this am - must be beautiful - we have a nice bright day here as well in Ponce Inlet.

rimshot

08/15/18 5:56 PM

#103 RE: rimshot #74

Ways to Detect a Top
chart set by Scott
charts #1 and 2 the annotations were updated
through August 15, 2018 by Scott

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