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 channels (period 100 52 & 26) Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under at bottom of Bollinger Band Entry at $130.37 Target is $134 or channel top