Replies to post #4112 on Top Gun Trading

[Soul Washer]

OK.

First you need to add the LINEAR REGRESSION LINE, it marks a bottom(close to it) on a stock when it passes thru the bottom or the top of the BB's. It also seems to mark support with the 13wma.

Now when the stock starts to trade side ways in a set pattern for at least two weeks then it is setting up the BB's to tighten up.

Look at CHDO in August, when the candle first broke the upper BB it was time to enter(usually can get it lower than the break). The wick on the candle on the upside, shows upside movement. DO NOT BUY THE FIRST BB BREAK!!! The longer it goes sideways the more the xplosion.

Make charts for BBDS, KING, LLEG with these indicators. look at 1 year, 6 month, 3 month, one month charts. compare them and you will see the pattern.
when both RSI and MFI cross 50 it's boogie time, with upper BB break!(CHDO in Oct.)