enter only on short term confirmation candle right direction-use limits-stop loss 8 ema dynamic=balance of power turned positive-dmi strong-get our book and join our web site for more entry and exit rules starting in august-weekly good-
important enter only on short term candle in right direction watch if does not fill the gap of yesterday if it is weak buy on fib retracement--get our book on amazon pennies to thousands for entry rules-macd crossed-money flow strong-balance of power good-mix with mature shorts-diversify and use limits-adx trending-dmi very strong-stop loss middle of yesterday bar-
Will break out of the symmetrical triangle to upside soon
Forward Industries reported earnings yesterday of 6 cents a share for the fiscal third quarter. Revenue fell to $7.23 million for the quarter from $9.06 million in the year-ago quarter. This is an earnings winner. The numbers doesn't matter, it's the REACTION that matters! FORD spiked from $1 to $3.7 in the market open yesterday. Then it fell and had a nice...
All things considered, they have reduced their COGS, earnings are are up and EPS are almost out of the black (which can attribute to that dowanward batch of MA's.. RSI is peaking through 50 and as long as that red boy is the last one to cross the line in a relatively quick race... Well... Boom.. $FORD