Here's a look at two of my winners this week. You'll see that they look very similar. In fact most of the long set-ups I take will look just like this, and the shorts will typically be the same picture flipped over. I just try to get a confluence of indicators to convince me that the odds are in my favor. I find a lot of candidates by looking through my %b scan to find stocks that are near the upper, middle or lower Bollinger Band band. If they look like they're about to reverse and the MMAs, candlesticks and stochastic confirm that reversal I take the trade. Many other come to my attention via one of my candlestick scans. Like if I see a hammer which also happens to be at a band and has oversold stochastic I'm all over it. Anyway, here are ANDW and COH:
Mike! Nice charts! Gives TM.net a better look. I still want to see more pics of you though, you're a hottie! :)
I see I'm gonna have to ban you from posting along with the Chairman. :-)
I hope you used that email address as your StockCharts USer ID. I put you dwn as the one that referred me, so you should get a free month as a referral fee.