Posted On: 04/13/2016 9:02:35 PM
Post# of 3605
Gober, are you throwing out a "buy" signal because the SP closed above the 20-day moving average today?
When buying a "normal" stock, my preference is to pull up a 3-mo. chart using the Bollinger bands and the 20-day moving average. If the SP is within the Bollinger band range and below the 20-day moving average but headed upward, that is considered by many to be a good entry point.
COTE or any other pink sheet stock is not, IMO, considered to be a normal stock. Therefore, I am in a long, hold position.
When buying a "normal" stock, my preference is to pull up a 3-mo. chart using the Bollinger bands and the 20-day moving average. If the SP is within the Bollinger band range and below the 20-day moving average but headed upward, that is considered by many to be a good entry point.
COTE or any other pink sheet stock is not, IMO, considered to be a normal stock. Therefore, I am in a long, hold position.
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