My breain is focused on obeserving behavior of volume on "pullbacks" after initial breakout. The more I "believe" my chances are increased on obtaining a profitable trade when adding on pullbacks with contracting volume, the more I will fight my fears and addon on instead of staying on sidelines for those "healthy" pullback.
Check out the chart attached for enw.v
Reagrds,
Patrick
(2018-04-15, 01:34 PM)isatrader Wrote: A few for the watchlist from Fridays scans - APTI, BDR, CRZ.CA, ENW.V, FO.V, GPRK, MEG.TO, MPX.CA, THM
(This post was last modified: 2018-04-17, 11:44 AM by badcharts.)
RE: US Stocks - Watchlist and Discussion
Hi all!
Stumbled on this chart (HNL.TO) , stage 2 breakout out a few weeks ago. If monthly candle close above 2, then harmony attained with higher prevailing timeframe.
Regards,
Patrick
(2018-04-16, 10:23 PM)isatrader Wrote: Tonight's additions to the watchlist - APLS, APTO, AVE.V, CCJ, HOME, LMNX, TVE.TO, UEC, URG, UUUU
(2018-04-17, 11:42 AM)badcharts Wrote: Stumbled on this chart (HNL.TO) , stage 2 breakout out a few weeks ago. If monthly candle close above 2, then harmony attained with higher prevailing timeframe.
Yep, it came up before in February in the watchlst. I posted the chart when it made it's initial Stage 2A breakout on the 15th February here: https://stageanalysis.net/forum/showthre...6#pid11746, but always nice to see watchlist picks working out. Volume didn't pick up until a few weeks after though, and by then the low risk entry point had passed. So one to watch for a pullback now imo.
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.