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A good strategy to play : double bottom

Started by sebfr, November 17, 2005, 04:10:07 AM

Previous topic - Next topic

wrangler

Wow sebfr
I'm going to keep eye out for double bottoms. As I stated above I Bought MRY today @1.75 and look where it is now. It also had more insider buying today.
P 2005-12-21 2005-12-21 14:50:23 MEMRY CORP MRY DE BEAUMONT MICHEL Director 10,000 $1.75 $17,500.00 177,700 View
wrangler

sebfr

Hi wrangler,

Ia m very busy in this moment but i applaud you..Great find... ;D Just be careful : we have also a double top and a "head and shoulder" at 2 years...Need a good volume on triangle breakout..


wrangler

Thanks sebfr for the info. I don't expect it to go straight up. Most stocks will have pull backs while they rise. Will keep my eyes open for the reversal if it happens. I use the buy and sell signals on the MACD and plan to hold till I see a sell signal is about to happen.
Goodluck trading :) here's a chart update for MRY
wrangler

sebfr


sebfr

hI,

PCLI...

Buy at 0.150
stop loss at 0.1350
target at 0.55-0.60
Ratio : 366 / 12 = 30.5 !!! Very good...


sebfr

Hi,

ANCC -> long term...

Buy at 1.040
stop at 0.90
target at 2.450
ratio = 135.5 / 15.5 = 8.74...Great

Technicals :
Double bottom (time frame = > 6 months)

sebfr

Hi,

Have a look on ARGY...

Strategy :
Buy at 0.105
stop loss at 0.970
target at 0.22
ratio = 110 / 11 = 10...Excellent


sebfr

ACKHQ is a good candidate...

Startegy :
buy at 1.580
first target at 1.90
second target at 2.25
stop loss at 1.490
ratio = 42 / 6 = 7...Very good

sebfr

Hi,

an another candidate : ALTI...

Startegy :
Buy at 2.10
first target at 2.60
second target at 3.10
stop loss at 1.980
ratio = 48 / 6 = 8...Very good...


sebfr

wHAT ARE YOU thinking about NNBP ??


sebfr

Hi,

an another candidate : PFMS...

Strategy :
buy at 0.025
first target at 0.070
second target at 0.120
stop loss at 0.0170
ratio = 480 / 47 = > 10...Very good..


sebfr

An another candidate : YAKC..

Strategy :
buy at 3.090
first target at 3.70
second target at 4.30-4.40
stop loss at 2.900
ratio = 39 / 7 = 5.57...Very good


sebfr

Three news candidate for possible double bottom today...

CGHI

DPAC

UDTT

sebfr

Hi,

an another example with BVEW...+43% in 2 months !


sebfr

hI,

an another good example : PTQM -> 100% in 1 month ! :)