Markets are up slightly today on low Volume. The Watch List is growing, as some of the very Strongest have pulled back. The Financial & BioTechs are not helping a rally up.
The Reward / Risk ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY: URA Uranium Fund Money Wave Buy today.
ON DECK to Buy soon: Too many to list.. Please click on the WatchList We will email when they are ready.
SELLS: EXIT CARA CARA THERA. if it is going to Close Below your Buy Price, or $18.65 .
EXIT MBT MOBILE TELESYTEM if it is going to Close Below your Buy Price, or $11.08 .
HAVE A GREAT WEEKEND!
Click for PORTFOLIO (Open Positions)
Click for CLOSED POSITIONS
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 % move in a few days.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buy orders.
Me scans results also non NASD stocks like LGO.L (LSE) or PIP (AMEX).
What do you think of these?
LGO.L could be some kind of Reverse Split, so check into that first.
PIP could be good again, if the Volume is > 1 million…
PIP Chart
You are right.
LGO.L had a reverse split 1:20.
I wonder how I can adjust my stockcharts and scans for that.
I the documentation it says that charts are split adjusted and that “Events” can be shown.
Any idea?
http://stockcharts.com/h-sc/ui?s=LGO.L
PIP had a strange special dividend of 2.91
Yes, the LGO.L Relative Strength is probably not that high, after adjusting the Chart correctly…