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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (28131)8/22/2000 10:01:19 AM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Long stop entry at 1509.25. :-) Looking for a bounce from a pullback to the 20 EMA on the 1-min chart.

10:02 AM

Initial stop loss at 1508.25.

10:04 AM

Stochs on the 1-min and 3-min time frames topped out. So I am expecting a pullback here. Lets see if my stop gets taken out.

10:06 AM

Getting ready to eject. Price has pulled back to a trend line off of the pattern made on the last move up.

10:08 AM

30 more seconds and I am out.

10:09 AM

Stop loss at 1508.75.

10:11 AM

Stop loss now at 1509.00

10:12 AM

Out at a 1/4 point loss. Perhaps the stop was too close, but price was taking too much time for me given its upward bias.

Now price is testing the 20 EMA on the 1-min chart again. It is "do or die" time now.

If this market was going to put in a good move up, this would be the time to do it, invalidating a bear flag that is showing up on the 3-min chart.

Bob Graham