Note: This is not real money in here, just for education purposes.
Here, I would like to see where 100 shares will be taken using the Daily 8 moving average as a gauge.
The same price will be entered as the price entered in the "Daytrading with consensus" pick.
Starting with:
In ECGI at: $3.15 x 100 = $315 (February 13, 2007)
Out ECGI at:
On February 21, 2007 the price opened and closed below the daily 8 ma with a high of 3.60 and a low of 3.49.
P/L:
Update on ECGI
1 Big upwards volume backed move
2 Pullback of price and volume that was at least 2 days
3 a higher high with higher volume than previous day
4 stochastics about to cross or just crossed
5 High of most recent candle is the same as the close of the breakout which is $3.67
6 an open above 3.60(most recent close) and a break above 3.67 with big volume should trigger the G-spot or would 3.80(highest open) be the trigger?
In CYTR: $3.82 x 100 shares = $382 (February 16,2007)
Out CYTR:
On February 23, 2007 the price closed below the 8ma with a high of 4.81 and a low of 4.11
P/L: