Muller, I'm doing homework now and I'm looking at RTK. This one can really jump (% wise) with news, It was $1.78 about 3 weeks ago. pulled down on low volumes. Up 8% today. Watch for ma-50 at $1.41 I see long term potential here too. IT hasn't pulled back to ma-200 so when it's about $1.20 $1.30 is an OK buy. AH earlier, I looked at ICXT chart. Weekly showed $9.24 the $10 $11 resistance. Since it closed at high, 'they' was going to manipulate AH. It was a good momentum play but take profit and run and will see how it behaves tomorrow.
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hey thanks cybercash28 for showing how you put it. I got a different way of trading. I don't follow more than 3 stocks. I'm a daytrader, and I'm doing pretty fine. never hold any overnight positions. the time spent on watching price action and placing and managing my trades is extensive. after that I review and recapture my previous trading day. that way I see my weak spots, where I did good, and what needs improvement. reading some threads in this Stocks forum I sometimes think it must be awesome if I would project my trading system on a stock using its weekly or daily chart. but then, I'm doing just too fine, and why would I want change something that is good.
Muller, Would you share your method? How do you pick stocks and what indicators do you use to enter/exit? thx GMCR...b/o again CREE new all time high again GIVN..this little one doing well anfter going above ma-50.