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@ramscharts

Swing trader using technical analysis. All tweets are for educational purposes only.

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calendar_today14-01-2010 03:18:21

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Indicators - The three indicators (Full STO, Accum/Dist, and Aroon) are explained for $XERS buy/sell signal. These indicators would provide the information for Momentum, Volume, and Trend.

Indicators - The three indicators (Full STO, Accum/Dist, and Aroon) are explained for $XERS buy/sell signal. These indicators would provide the information for Momentum, Volume, and Trend.
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$XBI looks bad and it broke the descending channel. I'm really sorry if you are holding a bag in this market, we have to hope for a turnaround soon. πŸ™πŸ™

$XBI looks bad and it broke the descending channel. I'm really sorry if you are holding a bag in this market,  we have to hope for a turnaround soon. πŸ™πŸ™
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Did we hit the bottom? I'm not sure. When is the best time to get back in? I would wait until the price closes above 5SMA for at least two days. I would start with a small size position. If it continues then keep adding, but if it closes below 5SMA again, then reduce the size.

Did we hit the bottom? I'm not sure. 

When is the best time to get back in? I would wait until the price closes above 5SMA for at least two days. I would start with a small size position. If it continues then keep adding, but if it closes below 5SMA again, then reduce the size.
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This is the best time to find fundamentally strong stocks. Once you have the list then wait for the setup to get back in. Just remember, we don't go back up overnight and you will have enough time to get back at your comfort level.

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This market is insane and I'm staying quiet. I'm not really good at averaging down. You should hold when it is moving up as per your plan and cut the loss when it is not.

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$XBI - Head and shoulders and descending triangle with the pattern target near $70. Do you think, we will hit close to $70 in the next few weeks? The bearish pattern will hit the target more often in the bear market and vice versa.

$XBI - Head and shoulders and descending triangle with the pattern target near $70. Do you think, we will hit close to $70 in the next few weeks?

The bearish pattern will hit the target more often in the bear market and vice versa.
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$XBI hit the target but it took little longer than expected. We are still heading down without any support. I'm still watching the market and will be back with more charts when we are ready.