von
Looking at WATT today and am wondering why it didn't trigger a buy REC ?
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AbovetheGreenLine

Yes, WATT did go into a Money Wave Buy on Tuesday.... We decided not to log it since it had such a big pop Monday (10%).

That puts it over 12% above the Swing Low of $14.03, which is where the Stop Loss would be... We don't want to risk 12% drop just to go down and test Support.

Money Wave pops are usually good for 3-6%... Looks like many bought on Monday at the 50-day around $14.56.

WATT.png 

Good trading, and tell your friends!
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AbovetheGreenLine

Yes, WATT did go into a Money Wave Buy on Tuesday.... We decided not to log it since it had such a big pop Monday (10%).

That puts it over 12% above the Swing Low of $14.03, which is where the Stop Loss would be... We don't want to risk 12% drop just to go down and test Support.

Money Wave pops are usually good for 3-6%... Looks like many bought on Monday at the 50-day around $14.56.

WATT.png 

Good trading, and tell your friends!
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AbovetheGreenLine
von wrote:
Looking at WATT today and am wondering why it didn't trigger a buy REC ?


WATT is now way Above the Swing Low... Raise your Sell Stop Tight

Sep 14 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!

WATT.png 

Good trading, and tell your friends!
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