3309 Drysdale Ct
Edwardsville, IL 62025
I like to buy when price is coiling before breakout instead at
the breakout. The problem with coiling is you don't know the
direction after the coil, but the direction is clearer with on
momentum on 15/30/60 min timeframe, better with daily, weekly and
monthly coiling as well. Often, by the time the breakout happens a
huge chunk of the move has already happened. e.g. vsco I bought it
in late Jan when it was coiling. As for xbi, there was not much
coiling but the pull back today + vol look constructive.
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