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n.c_trader
Feb 5, 2014 7:25 PM

RCON - Strong uptrend Long

Recon Technology, Ltd.NASDAQ

Description

RCON is in a strong uptrend, and today is a nice entry point for a long position.
Price tested the suport without break it.
It have also a nice Risk/Reward.

Target at: 5.75$

Comments
HermanBrummer
Hi NC, I have looked at quite a couple of your trades.

The calls are pretty good, I have a question though, how do you find them? Your charts have nothing but bars and volume on them usually.
n.c_trader
Hi HermanBrummer, I spent hours to find this stocks, usually i search for stocks with strong uptrends in last months.
Volume is very important to confirm bullish momentuns. I dont use any kind of indicator because they are constantly giving false signals
n.c_trader
Price moved 100% in a few weeks!!
n.c_trader
It move up 10% since i posted here.
Nice call.
Will move stop loss to break even soon
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