3SOF

Hi,

I would like to show you one of my favorite strategy : Double bottom
Look at OWENQ between Febrary (first bottom) and april 2005 (double bottom)...

Technically we have a double bottom...It's perfect :

1. Candelstick : On first bottom we can see a Doji and a Bullish Engulfing pattern appears. On second bottom we have a Piercing Line pattern. => Bullish Reversal Patterns

2. Volume and Time : Volume was very low between the two points and the formation has been in place during two months..

3. Divergence in MACD and RSI : RSI is lower in first bottom than in second bottom and MACD is lower in first bottom than in second bottom. RSI < 30 in first bottom and RSI > 31 in second bottom.

Buy at 2.000...Price rises 5.000 in 7 trading sessions !!!! 150% in 7 days !!!!
Target = When RSI > 70 and STOP loss if RSI crosses under 30

Look at MSPD...Between May and july 2005...

100% Gains in 3 months !!!

Look at EYII...There is a double bottom in this chart. Any idea ?
Response is on the word document

Oupss..Here is the doc

I applaud you seb spa for sharing you're knowledge. I'll be watching for double bottoms now that I'm aware of it. I'm going to post a system I use to. It works good for me. I call it mom/ma. Moving on momentum/moving average and I like to use 28 days for the moving average. I found it on stockcharts.com and it is a very reliable and simple way to use. I'm going to start a new thread for it so less experiance traders will see it all when they read it. It will take me a few days to complete but I think it may be very useful to some.
Good luck trading 

Thanks Wrangler.... I am waiting for your post. I am curious !

Here is another Double bottom that i have take position. Today i close all of my positions....More 50% of gains in less than one month !!!

TRFDF

An another stock...LUME -> > 50% gains in few time !

Cf. Charts and Document WORD

An another...LAND on 05/2004

Look at charts...

Here are charts !

seb spa look at chart for MCZ. Would you consider that a double bottom. The one on the right side bottomed out higher than the left one but look at the formation of both and both had the same kind of spike when it ran up.
Goodluck trading

Hi Wrangler and good afternoon !

I applaud you  ! Indeed, it is a double bottom ! and it is perfect....Like that i try to catch !Great find...

Look at doc word

Wrangler on the same chart you have an another Explosive Double bottom..Between the end of july and the end of september in 2004...

38.2% of gains in less than one month !
Buy at 0.470. Sold at 0.650

seb spa
There is a tread started on this MCZ by laonda. I bought this stock back when it was 1.00.   icontinued the thread by laonda when price begin to show upward trend. Thanks for the applaud I'll return the applaud. Look at stock so far today and it's just going to keep going higher.

Great  1.250 is the first target.
Good trade

I'm holding and hoping for 1.50. That will give me a 50% return but if I see it begin to fall back before it gets there then I'll consider selling. Keep me posted with you're TA, would appreciate it.