iBankCoin
Joined Nov 11, 2007
1,458 Blog Posts

Two Sweet Pullbacks to Buy

A nice candle printed today for [[EW]] and it bounced in oversold conditions from the 50 day average.

ITMN is a very similar setup to EW.

Both stocks recently had the 50 day average cross the 200 day from underneath. However, I would focus on a shorter time frame with these types of setups. I’m not looking to ride a trend here, just a bounce.

Keep in mind that I do not check for any news or earnings releases before I post these setups.

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7 comments

  1. Danny

    Fuck EW, gapped down on my 5 bucks below my stop on a downgrade which filled in the next few hours.

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  2. Danny

    Sucks that was the only response to this post, my year-old bitterness for EW. Oh well, keep yo head up Shed.

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  3. Woodshedder

    Well, EW didn’t work, if that makes you feel any better!

    ITMN is working like a charm, however.

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  4. Danny

    it does. fuck EW. Fuck the stock and elliot and his bullshit waves.

    for, ITMN I give you several kudos.

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  5. crazy

    Fuck the stock and elliot and his bullshit waves
    ————-
    funny, deserves to be on top of the blog

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  6. scam basket

    What about USD??

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  7. Woodshedder

    USD killed it today!

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