RE: Watchlist - Traders method
(2013-07-31, 06:09 PM)gbarbs Wrote: isa what about the volume on this one? i don't see much of anything there
It's below average, and no increase on the breakout, but the other technicals are good, as it gets a maximum SATA* score of 9 out of 9 (* Stage Analysis Technical Attributes), so as it's an S&P 500 stock I'd be more inclined to give less weight to the lack of volume personally as large caps volume profiles are different to very small cap stocks due to indexing etc. So although not an ideal setup, it still has most of the building blocks that we are look for and hence could be worth considering which is why I highlighted it.
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.