Started a position in GASL on Friday. Will add on strength
Still think the market will go lower, but open to idea of local bottom. Will probably enter a position in ATRA next week
Again nt a forecast, but a possibility
Not forecasting here. Just being prepared
I think we could get a little lower. will start building a position soon
Downtrend should resume after that IMO
I may be wrong...again, but this is what I am looking for
This is a longer term play for me. Will continue to add on way up
Still think 2016 will begin the turnaround for EZPW
I expect the 18.30-20.80 area to be the bottom of wave 2
With the move on Friday, I think XNET is in wave 1 of III
A lot of emphasis placed on SPX. NYSE is a better picture of overall market IMO
Watch OVX for confirmation of turn in prices. OVX is often late to the party
However, only once did we not break out off RSI bottom signal
2X in last year price traded sideways for 5+ days. Both times +50% off lows in a month
I like to buy double bottom on the RSI. Not a failproof setup, but works more than not on oversold stocks
Many oil related companies easy 2X-3X if oil starting C of 4