tag:blogger.com,1999:blog-19713238.post2962398248302962039..comments2023-11-05T06:41:02.893-05:00Comments on Wall St. Warrior: Day Trades from Watchlist - SNDK EXPDTJhttp://www.blogger.com/profile/13294634341130531371noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19713238.post-2542144107812159462010-11-26T15:21:57.820-05:002010-11-26T15:21:57.820-05:00Hi Andy,
I'm satisfied to get a 61.8% FE, exc...Hi Andy,<br /><br />I'm satisfied to get a 61.8% FE, except for chart patterns such as flags and C&H where I still target the full 100% extension. The ones that stall out before reaching the target seem to stall out at the half or whole $ levels, so I watch very closely at those levels. If I see topping shadows on candlesticks and/or negative divergence of RSI, it signals the end of the move.<br /><br />This works well for highly liquid stocks like AAPL, AMZN SNDK..., but more difficult with less liquid names where we sometimes need trader's intuition.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-20225692277330329362010-11-25T13:55:31.921-05:002010-11-25T13:55:31.921-05:00hi Jamie,
How often do your stock picks run to yo...hi Jamie,<br /><br />How often do your stock picks run to your target extension? it seems to me roughly half to 3/4 of the time it will pause out earlier.<br /><br />Also, how do you determine if the stock is stalling out before it reaches the target and ready to reverse?Unknownhttps://www.blogger.com/profile/08080801066678466654noreply@blogger.com