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iamcanadian

01/14/11 11:08 PM

#10422 RE: IPRE-Paramount #10417

Ipre if you look at FCEL and IBCP - put on your big charts EMA(10) EMA(20) and EMA(50) when I see a stock cross these averages it will keep on running or it will fall back to the EMA(10) and start running again - as long as the price stays above the EMA(10) stay in the trade. Xprt just kept on going. Another version if the close gets above the EMA(10) and the EMA(10) and EMA(20) slope is heading up, likely it will cross the 50. If the price spikes the first day above all averages it more then likely will touch back to the EMA(10) to test support. However the averages slope has to be healthy and moving up not flatish. I suspect mtcinc0 is using a regression filter, alot of filters going around right now are focused on stocks falling back to the EMA(50) or (20) - seeing if it holds then enter the trade. Good luck with your trade