ShirokiHeishi
Long

Ease of movement long entry strategy

NYSE:SDR   SANDRIDGE MISSISSIPPIAN TR II
53 0 3
On balance volume confirms the trend, while Ease of Movement shows prices can move up easier on light (relative) volume . Those utilizing this methodology should go long when the MACD crosses its zero line, signifying strength in price action that mutually confirms volume action and vica-versa. Longs should use a 1 bar low trailing entry strategy until in the mkt, once in, a stop loss is logical at the most recent MACD Bullish crossover below the zero line, in this case on Jan 8, @ a low of $3.90 yes I know its a big stop loss (at least 12%) So leg into this if you must. This is a possible real floor here.
I'm looking to fill the gap at 5.46 coincident with a wave methodology stating 5.41 is the next intermediate high. 20% upside, depending on entry timing. This is my first publishing.
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