Quote from Richardson54:
Per my previous post - I noted that during the last hour of trading on Dec 1 the volume as well as the price picked up for NFLX - volume more than price.
I credited this contiguous prior day volume to the lower band dry up volume for today (12/2) and entered a half hour earlier than same day lower band volume would have allowed.
In with NFLX at 10:53 at $27.27.
Out with a small gain at EOD at $27.65 since FRV was not hit.
By the way, a J.H. score of 0 and the "best match" candle stick indicator (Piercing Line) both concur that NFLX is at the bottom of its cycle and should be moving up over the next few days - if the trend gods don't yank the NASDAQ in the opposite direction.
Quote from gooch87:
Dry up for Monday the 5th
Looks like the usual suspects...
BOOM CTHR ELOS IRIS JMDT KNDL PETS
How about these possible additions to the final universe,
BTUI LMS REDF
Any suggestions anyone?
G87
How did you monitor NFLX on Dec 1 before it showed up on the DU list the day after? Maybe you just eyeball all final universe stocks and select those that are at the lower end of the channel on low volume for EOD pre-monitoring?Quote from Richardson54:
Per my previous post - I noted that during the last hour of trading on Dec 1 the volume as well as the price picked up for NFLX - volume more than price.
I credited this contiguous prior day volume to the lower band dry up volume for today (12/2) and entered a half hour earlier than same day lower band volume would have allowed.
In with NFLX at 10:53 at $27.27.
Out with a small gain at EOD at $27.65 since FRV was not hit.
By the way, a J.H. score of 0 and the "best match" candle stick indicator (Piercing Line) both concur that NFLX is at the bottom of its cycle and should be moving up over the next few days - if the trend gods don't yank the NASDAQ in the opposite direction.