No further segments given the holiday weekend, but even with today ending at 1:00pm it was a good day. I was following three stocks that I was focusing on and posted to the TTT site: DWTI, INFY and CTRP.
I found INFY on barchart.com (it is was on NYSE) and CTRP as well on nasdaq.com. I tend to scout both exchanges if nothing catches my eye. These were selected for their large number of premarket shares traded and since each were $10+ stocks that have moved up and were in/close to the 4% to 10% (but not more than 12%).
DWTI was added too as the price of oil was dropping given the news early this morning which I had on another tab in the browser given the early premarket action.
I eventually bought 1000 shares at $70.35/shr (which is a more than my usual $35-$40/share given the fall in oil prices). I then rode the 10MA all the way up until 12:15pm when it broke the same 10MA when I sold for $73.00/share. I bought a bit later than 10;20am which usually do since it is an ETF that has tremendous amount of liquidity (shares traded). The engulfing candlestick was confirmation after the stock finished consolidation, had moved up through trend lines and then resistance horizontal lines drawn from 15min and 30min charts, One thing to note, if you review this on TC2000, is that Stochs 15,3,3 was in the overbought range for a while but by switching to 15min and 30min charts, I saw it moving up with no sign of cross down so I new it was not going to suddenly reverse on the 5min as this further confirmed its price holding above 10MA as it did),
Profit made was about $2,650.
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