Double Trouble
ASTI,Ascent Solar Technologies Inc (Google Yahoo Earnings Chart)
DSTI,Daystar Technologies Inc (Google Yahoo Earnings Chart)
MDII,Midi Inc (Google Yahoo Earnings Chart)
NEXC,Nexcen Brands Inc (Google Yahoo Earnings Chart)
VOLC,Volcano Corp (Google Yahoo Earnings Chart)
If you set up your scans properly, you can get this list throughout day and enter based on morning action. Obviously there is no guarantee.Some of them might reverse after your entry but it works both ways, sometime you benefit from the move up during the day.
3 comments:
If I decide to enter some of these stocks the next day , do you think its better to wait for some confirmation like an upmove based on an indicator like ATR or just pull the trigger at open?
I buy at open. But in most cases I buy the day earlier by 11A.M. or by 3 PM. I sort previous night by 65 days and only load selected to watch from that list. So by 10:30 I am in to those which I want to enter.
Obviously this only on days when I have capital in account. Some time you get stopped out during day on existing position, then I look for next thing to buy.
Obviously I do not buy all which I am illustrating here. This is just to show how I play this.
There can be other ways to do it by looking at chart patterns previous night or using NR7 and low volume days for entry in anticipation.
Most thing work, because the base vehicle has high relative strength. The magic in this is the vehicle has high probability of going up.
As Ed Seykota says find something moving at 100 miles per hour and enter with one inch stop.
Thanks
Post a Comment