ragnarok628

Ichimoku entry LONG BMI

Long
NYSE:BMI   Badger Meter, Inc.
Only thing keeping this from being a perfect entry is the Span A is still just a hair under Span B. Based on the rest of the chart I am willing to let that skate as this is another ticker that looks primed to get back to ATH soon and we don't want to be late getting in
Comment:
this one didn't get the cloud twist until 2 days later for the entry conditions to be met, and at that point the conversion crossover was considered too 'stale'. So this one never got an actual LONG signal. If you took the entry anyway and held through the -2% shakeout the trade is still profitable, but this I would still consider a failure because you didn't get back to breakeven for 3 days and the true pop took 6 days to develop. We are trying to catch the pop ideally the day before the pop or at least within the first 2-3. So this ended up an example of why you want to wait for the true A+ setup with ALL conditions go.
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