Recent content by rcar1046

I think he had them drawn correctly the chart he posted just didn't reach far enough back to see point 1 and the high hit the upper trendline on 10/16 making it look like point 3.

This is the one I had drawn as well. I didn't really see any other obvious trendlines/channels that were being held on the daily.

Would be interested to see the IT trendlines you guys had for ININ. I have what I would consider a LT trendline from around June 13th. Is this what you're referring to?

No problem. If anyone has any further suggestions, there is a link on the page that yo can use to email me.

Any insight as to why?

I stayed in only because I'm trying to strictly follow my system, but I think the chart/indicators point more towards exiting.

Would it be correct to assume these signals are taken while monitoring on a 5 minute chart but based on indicators from a daily chart?

I also like ININ. On the 30min chart it's progressing through the channel nicely and although not part of the hershey methodology, it formed a cup & handle pattern the last 2 days.

Curious how you would clasify this setup between Bruno-R and Rocket. I'd be more inclined to call it a Bruno-R I guess...

I'm a little confused, is GROw announcing earnings today or not? I'm holding shares still and don't really see any reason to sell based on volume still increasing w/ price, but if they're announcing earnings then I'll have to reconsider.

DRQ last price $80.23 which is obviously above $50, but if it meets all the other criteria I'm not sure why the price being above $50 would really matter although I don't doubt there is some reason.

I'm in the same boat. Hard to sit and watch. Only stocks that triggered for me were ANDE and FTEK but after substantial gains had already been made.

Are you still taking short positions based on the stock being in dry up previous day, exceeding LBDU by 11am Stoch(14,1,3) < 20 and MACD < 0 at time of signal?

I like CTRN tomorrow as a potential Bruno-R setup. It's at the bottom of its channel, has been consolidating the last 3 days, MACD is diverging and it reached potential support from last Nov. Any thoughts?

It's certainly doable, but not my thing really. Involves too much faith in the end-user which can lead to headaches for the programmer.