It goes high in the morning and drops to lowest after it gets high
get the highest in the history and calculate the average lowest distance from the highest and the previous day close, so buy at the lowest.
application
1. feed in the daily #
2. generate daily high and low distance
3. print out distance by Mon - Friday.
4. use this data to catch lowest daily of PBYI
I tried today and missed 1/2, I thought 80 cents low from the yesterday close, but it had dropped more than $1.5 from yesterday, so all my buy stopped out.
So need to put in trap between 80 cents to $1.5 or even $2, so it can catch. But there is a price to pay for each try lost $26.66 for two tries.
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