BYD Trade Example

First what sets this move up is the broader index. We run a scan that pulls out the worst performing indexes that are beging to see cash flow into them. Once we have that, we identify strong tradable canidates by there trend reversal stock patterns. Next we count specific day vibration based on historical trading time frames of 30,60,90,120,180,etc. Once we had the double bottom confirmed in BYD, we simply put our buy above the 50 day at $8.27, and sold the shares at the 200 day resistance point. One last point, the March option expire puts/call favored a run at the $10 strike. So this trade had all the stars aligned for us.