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Replies to #4550 on Top Gun Trading

The Real Titan

01/25/08 8:35 PM

#4551 RE: Insane_Vester #4550

Well its not into oversold levels, but IMO the indicators have turned right at the point where you'd want then to turn for a move up to its next level.

In fact, from this point it could be in the process of making a nice Cup & Handle formation, if theres a slight spike on Monday, followed by another dip, then watch for the second spike and jump in heavy.

I see two plays, as stated above, riding this run up until it shows signs of weakness, then flip it grab the lower entry and have fun...lol Of course if it doesn't show signs of weakness on this next move up, then I'd simply hold until the indicators reach overbought levels.

Good Luck and Thanks for bringing it to my attention!!!

Mav5x5

01/25/08 9:47 PM

#4552 RE: Insane_Vester #4550

I've watched USSE for a couple weeks now. It is actually on the watchlist on TGT still. I like the looks of it. I'm hoping that it is going to make a strong run and finally blow through the 200dma.