RE: Watchlist - Traders method
(2014-07-12, 03:02 PM)theory6453 Wrote: Yes, I certainly agree. I highlighted it b/c the 30 wma is moving up at a very sharp angle and the recent volume has been overwhelmingly positive. It's nowhere near any type of buy point as of right now, but a pullback in average-to-below average volume (like the one that occurred in Feb-May of this year) could potentially make for a nice entry point.
This was just from my volume scan and I have not researched the sector/sub-group as of yet, so I apologize if my posting it was premature. Was just something that caught my eye.
No worries, I just highlighted that, as this is the general trader watchlist thread and so you get a lot more beginners etc that read the posts, and so I wanted to make sure that they didn't think you were suggesting it was a potential buy at the moment.
So I'd suggest maybe going into a little bit more detail with future posts on this free thread so newbies don't get confused, but what you posted initially would be fine on the Elite board watchlist thread

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.