RE: US Stocks - Watchlist and Discussion
(2016-05-26, 10:00 PM)shaunattwood Wrote: NERV mega volume breakout today to multi year high
Not quite sure how you'd trade that one after a 233% move in a day, as a bit of craps shoot at this point. Obviously great for people that were already in it, as may continue in Stage 2, but well outside of the scope of the method for a potential entry point until the next pullback/consolidation period, as stop loss position is miles away until that happens.
MZOR is another Stage 2A breakout from the last week that is also a difficult one now, as it's moved rapidly past the entry level on expanding volume. But is interesting, as it been a strong sustained volume Stage 2A breakout and so may present another entry opportunity in the coming weeks or months now that's moved back into Stage 2 on all time frames including monthly (see attached).
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.