Holy Grail/Dip Trip Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Holy Grail/Dip Trip

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: compradun who wrote ()	2/4/1999 3:10:00 PM
From: TraderAlan	Read Replies (1) of 8

Com, Here's a good place to start: Whenever a stock pulls back from the first thrust to a new high, it represents a low risk trading opportunity. There are always traders who missed the first breakout and want to get on board. The best entries come when the pullback is to the top of the base the stock just broke through, any gap that triggered the breakout or the top of the old high the stock congested under before it gathered enough strength to make the break. Caution needs to be exercised to make certain the original breakout was on solid volume and thrusted well past prior highs. Marginal new highs on low volume often trigger a double top reversal since no crowd shows up to support the stock. TraderAlan aka Alan Farley The Hard Right Edge hardrightedge.com Morning Trader hardrightedge.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext