Browse Stacks: Analytics: Bib.png

Bib.png

BIB: Using the RSI2 method since this stock is still trading above the 200day MA a reading on the rsi below 10 would be a buy. This RSI reading is below 2 so I may not even get the change to enter. I want to steal it at a tit bit lower I think it would be reasonable for the gap to fill either Monday or Tuesday if markets open a little lower then rally the rest of the week. Target would be the 5 day MA. I'm thinking 101 target for a gap fill but I will be out at the 5 day MA regardless.

Comments

Mike1981Mike1981
Was able to enter this at 91.50 and exit at 96.00. Not bad 4% ish. 7/29/15
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