My trading plan is very simple. I buy or sell when: * Price tags the top or bottom of parallel channel zones * Money flow spikes above it's Bollinger Bands * Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in channel zone at bottom of 26 period channel Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under at bottom of Bollinger Band Entry at $122.11 Target is $131 or channel top