One of you sent me a message yesterday, I don't think he'll mind
if I post it here for education
He was looking to buy and noticed that MSI had a good chart -
the KSIS system was already long from Jan 19th but price had pulled
back and was only just over 2% away from the current STS, so very
close - his reasoning was that it wasn't a bad risk/reward with the
stop so close and the chart from a technical perspective looked
good
Just was poking around looking for interesting things to
enter for my KISS portfolio.. curious what you think of MSI? It's
only 2% from it's STS and it's got a cup & handle look to me
though maybe the handle is too deep? Look interesting to
you?
It's an example of if you missed an entry and noticed the system
has been long the stock for a bit, but has pulled back pretty close
to the STS, your risk isn't bad. That's why we show the % price
away from the STS. If price is 15 and 20% away from the current
STS, that is a much riskier entry.
you can sort the columns, so you can sort by % away from STS,
Demark, number in trend, whatever
KISS example
Posted by matt on 2nd of Feb 2024 at 02:56 pm
One of you sent me a message yesterday, I don't think he'll mind if I post it here for education
He was looking to buy and noticed that MSI had a good chart - the KSIS system was already long from Jan 19th but price had pulled back and was only just over 2% away from the current STS, so very close - his reasoning was that it wasn't a bad risk/reward with the stop so close and the chart from a technical perspective looked good
Just was poking around looking for interesting things to enter for my KISS portfolio.. curious what you think of MSI? It's only 2% from it's STS and it's got a cup & handle look to me though maybe the handle is too deep? Look interesting to you?
https://breakpointtrades.com/sts_table/?search=msi
It's an example of if you missed an entry and noticed the system has been long the stock for a bit, but has pulled back pretty close to the STS, your risk isn't bad. That's why we show the % price away from the STS. If price is 15 and 20% away from the current STS, that is a much riskier entry.
you can sort the columns, so you can sort by % away from STS, Demark, number in trend, whatever
I love how I can
Posted by srusso1 on 2nd of Feb 2024 at 03:20 pm
I love how I can find KSS new longs just click on new longs and boom you got them.