SI
SI
discoversearch

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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (89741)3/22/2000 2:42:00 PM
From: Jenna  Read Replies (1) of 120523
 
SKM which was a hot hit at one time is now in BUY mode from 40 5/16 when it had a 20 period moving average breakout and on 15 minute chart ADX shot up from 15 to 32. A good indicator signal is to look for ADX's on daily chart or 15 minute that rise from 25 or from 30.. I have Metastock exploration scans that do that in real time. Telescan can do it but is more a confirmation than a scan. SKM is my choice for a short term play, unless something goes wrong with it. I've planned to hold this longer term but was stopped out on a trailing stop at one time.

Now for longer term holders a confirmation for a hold overnight would have to be a bounce off the 20 day moving average (not 20 period).. and ADX or any momentum indicator would have to trigger. On Balance Volume on the daily chart is showing a bullish divergence by being at a higher level than the stock price would warrant. Price of SKM is not at a high since March 6 (down from 50 15/16) but the On Balance Volume is at a high since then.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News