Not that I’m ready to buy anything here, but here’s a look at your daily runner screen:
Tickers of interest include: RAX, CNDO, XONE, HNR, & RATE
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Joined Jan 27, 2008
7,405 Blog Posts
I could find a few good candlestick sit-ups developing here for 3 day trades…. Which is really all you can expect to find when market has a death breakdown look.
SXT,XPO,WAFD,RMD,CEB
Most of them still need further strength to close high enough to get the buy signal.
Also, oversold names perking up.
TCX,WD,SRT,NSU,LQDT,LpSN,CPT,CCC
Finally, my “neglect” bottom picking screen
MCOX,MTL,UAMY with only MCOX “confirmed” at this point..
SODA one of my favs here, also like what FB is doing. And, can’t forget about HNR, that’s a winner.
with the PPT saying oversold is this the time to go long or should we assume the signal is not valid ?
i like to wait for the divergence after the first OS signal. I want to see the market continue lower, while hybrid score starts increasing. That is your signal.
All cash for me here.