XGTI could be setting up for a break above current 'consolidation'. It's an interesting wireless communications company too with very high insider ownership. Military and civilian contracts. Lots of patents re. interference technology and maximising use of airwaves spectrum. Mmmmmmmmmmmmm???    Best, Michael

(Why is my hyperlink icon blanked out???)   http://screencast.com/t/7aT681UtRj

(Sorry can't get Jing images to paste small in here = HUGE so left it out, and would not paste from a smaller version I made in Word or Paint - Methodology for this anyone?!).

Matt... Yes clearly symmetry has been broken so the implication is a higher low on a pullback. However, a question on the "before pullback" that has had me semi-catatonic on numerous occasions...Today BIB gapped up and broke the downtrend line = check! Today that confirmed a break of symmetry to the upside = check! All the upticks since the high of Feb. 25th have been smaller than this...so, would not the implication be an "upside symmetry target" of possibly the January or February upmoves??? That would be + 22 for Jan. or + 30 for the Feb. move. (Yeah, using IBB would be safer but seeing as we are talking BIB here I am sticking with that for this question). I am confused about this point...as many of these upmoves start and then just keep going while I am patiently waiting for a "higher low". And this BIB one has just started if it broke the downtrend line...

Thanks M.

Matt... The RSI-2 SPY System has a 9% stop loss in first 2 weeks but also (quote): The system also has other stop loss protection which can be hit before the hard stop losses listed above...Do you notify us of this then via email if such "other" factors are hit?...Thanks. M

Mmmm...my attempted post did not post. Try again... Matt was it those other parameters with the RSI 2 system that blocked it as my reading is at 2.75 for RSI 2 which is very well below 10%...Thanks, M.

Must be those other parameters as my reading on RSI 2 is 2.75 which sure is well below 10%. But orders are orders. Ta, M.

Steve or Matt... Was looking over some old trade ideas and MLNK looked like a potential setup. It has pulled back with decreasing volume after a jump up with good volume on earnings, etc. It's breaking above the downtrend line from that today a bit, but could be a trade idea??? Or wait until it may go down closer to the 9EMA?

Just an idea. Best, M

Volume behind it suddenly.

Old chart at least...

Well AMRN took off up 8% and I sell stopped out at 10% profit. In this market I am taking the money and running. May have more upside but ?????

AMRN - old trade from a while back . Like BIOS, bucked the plunge and once again may be starting to move now. Up 3.8% and some increase in volume. Low priced stock. No idea for target as prior gap fouled that up.

AMRN has a lot of volume for a low priced stock and today it is not bad...not great yet though. No idea where it could go from here if goes up like it did before as that gap took out ant sense I could make of a target.

If you go to one year chart will see where it used to be. Ughhhhh. Trade only?!

http://content.screencast.com/users/zimike/folders/Jing/media/f97ccbc6-1736-47c3-957c-1aea8a8bfbef/2014-01-24_0808.png

AMRN was on the Trade Ideas a while ago. It had a great move on very high volume Jan 15th. then cooled, then gapped down to its long term base level. Looked like it was perking up again this morning with +'ve changes in RSI and sto on 60 min. but not yet. Perhaps worth watching as a quick repeat up-move with tight stop and quick trade... Best M. (Jing chart was too big to paste but here is link...I think!)

http://content.screencast.com/users/zimike/folders/Jing/media/6feb565e-919c-436a-98bb-5a1032efcfb7/2014-01-24_0759.png

BIOS was on the buy list quite a while back...Slow and steady, but in the right Direction! I think some longer term hold people (like me) on this. Any targets in sight? Around 8.50 is about the first I can see on 1 year daily chart... Best, M          P.S.  This is my first chart posted and I fiddled a lot to fit it in, so apologies in advance if it screws up and is huge or something.

Just checked on all these and only 3 are up at all (so far) with 1%, 0.8% and 0.3%...so no definitive verdict of course, but not a 12%+ bounce either.  M

..such as DDD and XONE" - ref Steve.   I'm assuming GIMO and ACST fall into this camp? However, they are on a long base, so I'm wondering if it's a different case? Rather: "Sigh as stops got kicked and try again."  Best, M.