UUUU - potential superstock

Looking at UUUU as per Jesse Stine's superstock method

This is not financial advice or any sort of recommendation.

Note

I forgot to remove the indicators with my inital chart and see it is basically unreadable, thus have updated the chart now and included new progress since July.

tradingview.com/chart/O4pCeVVk/

Note

Note

The 8 Technical Superlaws - CHECKLIST

1 - Strong Base Breakout - CHECK
- broke out strongly, retested and confirmed

2 - Breakout Above 30 WMA - CHECK

3 - Volume Expansion - CHECK
- Multiple funds making big block purchases at the end of june
- Big accumulation bars

4 - High Angle of Attack - CHECK

5 - Under $15 - CHECK

6 - Nice Clean Chart - CHECK
- Nice steady decline from 2014 - 2016
- Slow decline is frustrating, devastating morale as dumb money sells the bottom

7 - Prior Superstock - CHECK
- Massive historical highs to attract previous momentum traders

8 - Respecting the Magic Line - CHECK
- perhaps too early to tell, but looking good so far in terms of respecting its magic line

Jicka

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Jicka

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