3309 Drysdale Ct
Edwardsville, IL 62025
Update on LTCN - up another 17% so far today with heavy
volume. Cleared resistance at $335. Next areas are
$395, $415 and ath at $508. Trim & trail.....
This is a great setup for a buy that I learned from another
trader. When you have a push through the upper BB, w/ volume, look
to buy a pullback into support, like prior highs or the 9ema, etc.
It might be sometime the 1st day after the initial move , or the
2nd day. The point is that the high volume first day that shot
through the BB tells you there's enough demand that buying a
pullback is likely to be successful. Matt talks about buying
pullbacks in other situations, but this one is a particular setup
regarding volume and an initial move above the upper BB.
Particularly good when the BB's are somewhat tight or
Does this work in reverse: push through the lower BB with
volume, buy a bounce into resistance. Thinking about QQQ, in
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