Yum?
Or wait for another bullish divergence on support(0.94)/20EMA?
Monday, June 6, 2011
Buy stop in LC @0.89 didn't get hit today.
Juicy bullish divergence in LCB?
New positions in PX did pretty okay as PX close higher @20.80. It was only pushed up on the closing though. Still have unfilled buying orders.
Add on 20EMA pullback(daily and/or 5-min)?
Got trapped in LPZ so I decided to close the LPZ position despite the bullish divergence on the 5-min chart. Daily RSI just made another lower low, enough to warrant a sell, so I sold it for a small loss. Proceeds were used to buy PX.
AGI seems to be forming a bullish divergence. The only reason why one should avoid this is because it is in a steady downtrend.
It feels like 5-min divergences are pretty good in predicting intraday/short term swings. I only need to know where to take profits.
Still keeping my eyes on mining/momentum.
Juicy bullish divergence in LCB?
New positions in PX did pretty okay as PX close higher @20.80. It was only pushed up on the closing though. Still have unfilled buying orders.
Add on 20EMA pullback(daily and/or 5-min)?
Got trapped in LPZ so I decided to close the LPZ position despite the bullish divergence on the 5-min chart. Daily RSI just made another lower low, enough to warrant a sell, so I sold it for a small loss. Proceeds were used to buy PX.
AGI seems to be forming a bullish divergence. The only reason why one should avoid this is because it is in a steady downtrend.
It feels like 5-min divergences are pretty good in predicting intraday/short term swings. I only need to know where to take profits.
Still keeping my eyes on mining/momentum.
