Fine tuning of my momentum model to on a large scale to perfect it & sync it to daily models so as to allow for short term momentum trends to determine optimal buy points & peak points on smaller timeframes ( eue.tu.ub).
brschultz / markettimer777
ARE triggered an alert on the Weekly level for a pre-earnings play. Volatility is creeping up so it should offset theta to a degree allowing me to capture delta if it makes a move to retest the high prior to earnings.
Broken out of a long term range, And also a short term one, both are represented on the chart here. I'm happy to buy above the thin yellow rectangle as represented on the chart.
You could have bought agressively on the Friday too, if your style of trading is more aggressive. But I'm waiting for a full resistance break, including the tails seen at the beginning of...