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stocktrademan

02/20/24 4:46 PM

#7 RE: Monroe1 #6

Monroe1 said

Not a monster mover but things are looking up.



I'll keep an eye on it it may bounce off this support level here. Never one to pass up the opportunity to pick up free cash like leaves on the ground either. Thanks for the pointer about this chart.

I looked at it on multiple time frames. It appears this is a profitable engagement on the weekly level.

https://stockcharts.com/c-sc/sc?chart=xel,uu[e,a]whclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b

Just so you know I'm not really fixated and focusing on this chart as a priority now. I have my own systems and as you said it's not really a monster. I agree. I focus on them instead.

So I like that your pointed it out to me but probably won't participate at all even if there is some money there.

Best wishes though and thanks!