Still Running FAST
SEPT 2, 2014 Many equities were breaking from good bases this summer and some of these equities mentioned in the last report are STILL running fast! Look at charts of HGSH & DGLY for example. These types of runs leave most behind because you just cant jump into a stock that has run up 100- 500% without risking losing your shirt. You can set up a watchlist and look to possible buy retracements later (Patience is required here, but it is important to wait for a lower risk set up). In my last report, I also mentioned that I had various watch lists with similar set ups to those already running strong, but before they broke out. It is best to know when they have earnings reports coming out and watch how they respond AFTER the release. One such stock mentioned last week was RALY. Earnings were due, will it RALLY? It was at $9.80 & had a bullish pattern that looked like this ...
Next Chart: Earnings were released on Thursday Aug 28 , and Friday it looked like this as a possible ISLAND BOTTOM...