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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Uncompaghre who wrote (4916)3/6/1998 8:46:00 AM
From: Meredith Cullen  Read Replies (1) | Respond to of 7396
 
OSIS is a good trading stock. Very sharp moves and oversold right now.

Good fundamentals.

Meredith



To: Uncompaghre who wrote (4916)3/6/1998 9:59:00 AM
From: TATRADER  Read Replies (2) | Respond to of 7396
 
Figuring out pullback areas is one area I really enjoy...
What you do is take the indicators below and let them all tell their own story...Then put the story together where most of them agree, and you have your area for entry...

1. Gann Retracement
2. Fibonacci Arcs and Fans
3. Look at 21 and 50 day simple moving averages
4. Look at high volume areas in past where stock began its ascent..
Remember former highs become support on way down...
5. Draw trendline and see where support is there
6. Speed Resistance indicator
7. Neckline if there is one in a pattern...
8. Calculate where buyers would think they have a good deal at getting in...Outguess the other guy...
9. Use Bollinger Bands and Envelope Channels to see support and resistqance points
10.Watch ADX for a downward slip of one point...If ADX stays at same level, nothing to worry about, stock resting...

Regards, Mark

P.S. Looks like I was right about MDCO...Still watching BNYN....
It is still percolating...