RE: Watchlist - Investor method
(2013-09-30, 01:56 AM)isatrader Wrote: Most are a long way past the ideal entry point, but there are a few near term possibilities imo. I think MY looks good as it's in Stage 1B+ and I noticed it last week: http://stageanalysis.net/forum/showthrea...87#pid1687 when I was reviewing the strong renewable energy sector. It had a very strong week last week, with it moving higher on 7 x the average weekly volume, which looks like it's highest since it's IPO. So as long as the broad market doesn't collapse, MY looks promising for a potential move into Stage 2A.
MY broke above support today on a strong move in early trading. I bought in @ $2.35 but then I got a little overzealous and bought in again @ 2.55 (averaged at $2.49). MY closed today @ 2.39 but I am hoping this is just the beginning of a big move as the volume today was VERY strong.
I've missed more than 9,000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over again in my life. And that is why I succeed. - Michael Jordan