SoloTraderAU

How BIG soars over 20% in 3 days

SoloTraderAU Updated   
ASX:BIG   None
4
With the help of VectorVest, this stock was filtered in the Unisearch Bottom Fishing strategy in 5-Jun-2017
Parameters edited into:
  • EPS < 0
  • RT > 1.0
  • CI > 1.65
  • Sector <> Energy, ETFs, Telecom Svcs, Utilities

Results of Top 5 stock descending by VST*RT are
BBX.AX, BIG.AX, GSC.AX, DNK.AX, TAW.AX

After seeing the graphs, only BBX.AX and BIG.AX to be considered.

When to buy ?

Mind Read:
  • Price actions stand on 40 SMA & Fibonacci Retracement Level 38.2%
  • Any risks? Yes, stop loss to be under this level.

When to sell ?
Check triangles breakout Small triangle (purple) & Large triangle (blue)
Check shooting star at point 2 (purple), locate the next resistance will be somewhere close to 0.89 (its wick may reach 0.9 as well according to Fibonacci Channel)

Comment:

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