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EliteG Infinite Compound Project

Started by eliteG, July 09, 2005, 04:53:08 PM

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blueman

There is lot of talk of G - spot/trigger/pattern whatever but in all this hala lo the actual G-pick is difficult to find. elite is followed a lot and I think it will be wise if we can see his most current G-pick either somewhere along the 3SF portfolio or its own dedicated board. I hope Ramsburg can be generous with some of his web space.

Stocksquire

I think the pattern is fairly simple to recognize -- the tough part is trying to screen thousands of stocks to find the few that are actually setting up in G2.  That's where we can all help each other by canvassing the charts and posting our finds.  EliteG, our notorious G Pattern inventor, can, of course, give his blessing or thumbs down on the finds.

Matix04

Been browsing this forum for a while, thought I'd finally post! Just started learning about Technical Analysis, and this site seems to offer an awesome community to learn more about it. Anyways, here's the chart. Wondering if it qualifies as a G-pattern in the making?


Stocksquire

Matix-  good eye.  that sure does look like the G pattern to me.  the G2 low penetrated the bottom of the body of the G1 candle (that day's opening price), but did not go as far as the G1 low price (and my understanding is that EliteG is more focused on the G1 low of day?).   I'll be watching this one tomorrow!

Anyone with ideas on how to go about screening each evening to come up with the watch list for the next day, I'd love to hear it.

Stocksquire

Matix-  one other thing to add about your XSUNZ chart.  It could interepreted as still in the G2 stage from the early June run up, where the G1 candle body high was .20.  The more recent volume spike to slightly over .176 is still engulfed within the early June pattern, yet has formed a second pattern on its own.  It will be interesting to see if a pop above .20 can really get this one moving.

Matix04

Ah, good call Stocksquire, I didn't notice the retrace penetrated the initial run, kinda close though. I guess it's like you said, depends on if we're using the open and close, or the high and low. Guess the chart was kind of forced, but just trying to get the basics down and find some examples. Will be interesting to see if it can break that next resisitance around .20, forming the larger G-pattern.

eliteG

Excellent stuff stocksquire and Matix!(applaud)

I see that stocksquire has really got it down, nicework man  8)  I think you also caught another reason why the NVAS chart did not work.  There was an overlying previous g1 high.  If you look at the study charts you can really find the ones that should work  ;)  I am not looking at it right now, but CYOS I think broke a local g1 high and a previous g1 high(thats 2 G-spots    ;D ;D) in the same day and raced up a few 100% in one of the study charts.

So the g-pattern is allright eh?   >:D



fous

Hey eliteG u got any input on this graph? It appears to be a G-pattern though im uncertain about the dip in volume in the stage 1 push. Does that matter? ??? . I got into this stock at 4.2 and sold a portion today at 5.40. ;D thanks.

-fousc
trade it like you mean it!

eliteG

great trade fousc! (applaud)I love to hear traders making money, awesome...looks solid to me but I am not liking the long stage 2...it may be building a stage 1 here.  Volume is less than I like but relatively speaking very positive.  Long term the chart is on a huge uptrend, and I wonder how that will affect the G.  thx for the chart will study.  goodluck

stocky

elite whats your next double pick?

Stocksquire

I'm a believer in the G Patterns.  Playing them this week has been very rewarding.  ;D

I'd really like to get a chat going about how those of us interested in playing these can spread out and canvass the charts for potential g spot breakers. Please let me know if anyone has any ideas?

eliteG

I'm looking @ IDBE..looks very strong..but def not a double play  ;)



and I still very much like the potential in MSSI as long as it stays above its current G1 low... I like what I hear about this company too



goodluck everybody  8)

eagerlearner

IMX another g-pattern play?

eliteG

#193
PHOX looking foxy  ;) in G

eager IMX is too far from the g-spot ;)

IVOC doin a G-thing  8)

eagerlearner

hehe elite  :D
for the purpose of study, is that a g-play?
thanks