graftonian 1,089 posts msg #129277 - Ignore graftonian |
6/21/2016 1:26:59 PM
Trying to understand this. Is RGL a hold at this time period?
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johnpaulca 12,036 posts msg #129278 - Ignore johnpaulca |
6/21/2016 1:28:53 PM
RGL???
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karennma 8,057 posts msg #129280 - Ignore karennma |
6/21/2016 1:34:38 PM
I think he meant RGLD.
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johnpaulca 12,036 posts msg #129281 - Ignore johnpaulca |
6/21/2016 1:44:42 PM
RGLD....is oversold...turning point +168, -168 as mentioned before, I trade pullbacks to the mean once a trend is established.
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graftonian 1,089 posts msg #129282 - Ignore graftonian |
6/21/2016 1:50:08 PM
I'm sorry, I meant RGC (Regal Entertainment)
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johnpaulca 12,036 posts msg #129284 - Ignore johnpaulca |
6/21/2016 2:04:29 PM
RGC...looks to be losing momo...higher lows. Bounced off bb125 in a 'V' formation and these have a high failure rate.
When posting a stock a timeframe should be included.
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ThaGekko 139 posts msg #129285 - Ignore ThaGekko |
6/21/2016 2:04:48 PM
johnpaulca
9,850 posts
msg #129281
- Ignore johnpaulca 6/21/2016 1:44:42 PM
RGLD....is oversold...turning point +168, -168 as mentioned before, I trade pullbacks to the mean once a trend is established.
on what timeframe are you looking? CCI(18) right?
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johnpaulca 12,036 posts msg #129286 - Ignore johnpaulca |
6/21/2016 2:11:19 PM
the indicator used on the daily timeframe is CCI(18). I listed only the negative turning points, change the sign to + for the positive turning points.
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johnpaulca 12,036 posts msg #129287 - Ignore johnpaulca |
6/21/2016 2:12:54 PM
SPY...look at the consolidation on 30-min chart...this is what you like to see before pulling the trigger
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johnpaulca 12,036 posts msg #129288 - Ignore johnpaulca |
6/21/2016 2:17:53 PM
SPY...now you should be looking at time and sales for buyers. You're now in the BB40 with lot's of momo and buyers. resis will be upper and mid BB40,,,either could be used for price targets when scalping.
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