CCI Standard for ACSC yesterday was 197, so one could have squeezed in when it was just under 200 -- n'est-ce pas? And to split hairs even more, to get even more scholastical, StochDMI was not quite 50 yet: 49.2. Of course, ACSC showed up in a breakout scan two days ago, when CCI was a little lower. Is it overbought? Well, shareholders may not want to comment. Will "shareholders" be able to squeeze out in time? That remains to be seen.
I like Jan's system for helping to decide whether to buy when CCI is over 200. He uses CCI-E, of course. I've created this template in
MSWIN:
Window 1: Price
Window 2: Volume
Window 3: StockDMI Mov((DMI(C)-LLV(DMI(C),34))/(.000000001+(HHV(DMI(C),34)-(LLV(DMI(C),34)))),13,E)*100
Window 4: StochRSI(34,13)
Window 5: StochRSI(13)
Window 6: StochRSI(8,5)
Window 7: CCI-E and CCI-S.
i've plastered "Jan's CCI Rule" over one window, too: CCIE(13) over 200 but under 300 ok, if StochRSI(8/5)<70 and StochRSI(13)<70 and either StochRSI(34/13) or StochDMI(34/13) are rising and under 50.
Brooke |
