FITX Daily Chart ~ A Huge Bank for Many of Us Last
Post# of 2559
Posted On: 01/12/2014 9:32:44 PM
FITX Daily Chart ~ A Huge Bank for Many of Us Last Week
As I mentioned a few times after FITX gapped up and traded completely outside the upper bollie, I was holding on for a bit longer. I'll post the FITX 5 and 10 Minute Charts to better explain where many of us took profits last week and re-entered. The charting and technicals work the same on a shorter term period chart. I only use it when I'm entering a stock or exiting one that's taken a big move up. It was a 10-12 bagger for most here that traded FITX. The questions I've received since Thursday evening all pertain to how one can trade such a volatile issue off the daily chart. Simply stated, you can't. Therefore the 5, 10, 15, 30, and 60 minute charts come into play. Holding some FITX for the long haul, but I'll be taking advantage of the rips and dips along the way. GLTA
As I mentioned a few times after FITX gapped up and traded completely outside the upper bollie, I was holding on for a bit longer. I'll post the FITX 5 and 10 Minute Charts to better explain where many of us took profits last week and re-entered. The charting and technicals work the same on a shorter term period chart. I only use it when I'm entering a stock or exiting one that's taken a big move up. It was a 10-12 bagger for most here that traded FITX. The questions I've received since Thursday evening all pertain to how one can trade such a volatile issue off the daily chart. Simply stated, you can't. Therefore the 5, 10, 15, 30, and 60 minute charts come into play. Holding some FITX for the long haul, but I'll be taking advantage of the rips and dips along the way. GLTA
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