Today I ve witnessed again the beauty of this method, GROW exceded DU very soon, MACD was positive but stoch was below 80.... If it wasn't for the stoch I would have bought at 20.44 basically at the high of the day, where the price just stalled and reversed sharply triggering a theorical 2% stop loss... (Take a look at the 1 min chart and you 'll see what i mean) Nice Now it will surely go to 22 hehe... dang!
Got my GROW order filled at 19.84 but became nervous and sold at 21.03 without really looking closely at the volume. Could have held on I suppose but that move was almost vertical and I started to feel that consolidation was inevitable. Might buy on a pullback as has already surpassed FRV. Suss
I also track the IBD 100 as well as the S&P 500 (for option trades). Here is a screen shot of the IBD 100 table.
Sold JRJC 38.82 +5.1% should have sold at the open, would have made another 3%. Lesson learned (again) to sell right away after a 18% runup. Sold ICOC 14.76 +3.2% Bought GROW also 20.82. Should have dumped JRJC right away and got into this earlier when it was up around 6%, which was when I noticed it, would be up 5% by now......