[img] Something big is coming up.
I agree, EXP has a very strong and clear reversal.
I haven't bought it yet. I just spot the stock from my scans. I am planning on entering at $71 within the next 5 days if it gets there.
The uptick 6 days ago carries a huge volume. It is very probable that the bulls will win the battle. [img]
Just for discussion, anyone has any experience trading stocks that has a lot of gaps? Do these stocks behave differently from the normal ones?...
Nice pop today. Not sure if the uptrend is sustainable though.
Isn't TXI a little bit late to enter? The stock has already gone up so much. [img]
Ok I am learning to see the story behind the charts. Actually I manually went through hundreds of charts and found the following to be visually...
To My2Cents: How does this chart (PPL) look? The volume very clearly matches the chart pattern. [img] Also, volume wise, DYN looks...
Wow, that was really eye opening. So what you are saying is, the volume should match the pattern of the price. As in the following chart?...
Here is another stock that shows similar pattern. [img] A seemingly double bottom with a cup and handle setup. It looks like for this one...
It is a good buy as long as it stays above the lower trend line (points to around $41).
Yeah, I agree with you on the "Double C Cup". To me it is a double bottom, which makes the bullish reversal stronger.
GROW looks too strong to be shorted.
Chart Reference: [img]
Set stop loss at $42 to limit the risk. It has great up-side potential with little risk.
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