From yesterdayIf a stock is displaying good trading action, I like to stick with it and see if it keeps on giving.
RIG entry
RIG exit
2nd RIG entry as it moves above previous high point
RIG exit
RIG showed doji on 15 min chart as well
shorted and covered as it fizzled out close to end of day
1 comment:
How do I know I am a faithful subscriber to your method? I am in the business office of a hotel over 450 miles away from my house on vacation with my wife and am checking and studying your charts and reading blogs. At a horse training clinic in Harrisburg, Pennsylvania and all I can think about is momentum trading... I think this is a sickness. BTW, I really liked your recent essays... the occasional reaffirmation is good...
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