TSX:LSPD   LIGHTSPEED POS INC
PM request. some divergence. set your stops!
like your analysis, spot on.
I have been watching this one for awhile now.
Thinking $28 is the support.
what's your thought on this?
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mnovo davidhaiyangzou
@davidhaiyangzou, i'm hoping to buy at 25 but i have a buy set at 28 also
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mnovo mnovo
@mnovo, that being said, i don't buy the dip. i buy the change in trend
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@mnovo, Agreed. that's why I haven't pull the trigger. Really hope it can hold 28 support and uptrend towards 34. what's your definition of change in trend?
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mnovo davidhaiyangzou
@davidhaiyangzou, with my algo i need the apo above zero, the SSL channel green with price "closed above the vwap. regardless of the price. I follow the wave.
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@mnovo, I am thinking wait it hits 34 then get in
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mnovo davidhaiyangzou
@davidhaiyangzou, you should see the trend by then with volume injection. A surfer waits for the wave to get back to the beach...
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@mnovo, cool. I got really digest your strategy a little.
All these are pretty new to me.
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davidhaiyangzou davidhaiyangzou
@davidhaiyangzou, So I guess you would exit using the same set of criteria?
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mnovo davidhaiyangzou
@davidhaiyangzou, i follow the trend with a trailing stop set at 1.5 the ATR to avoid those dips that eat trail stops. I risk more than most go higher.
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