This mornings trade was in
Quality System Inc. (QSII). I was looking for a stock on the 30 minutes charts that was close to a prior Demand Zone (DZ.) I placed a limit buy order at $18.92 when the stock was trading higher and waited to see if she would hit. Trade entered at $18.92 and stop moved to break even. I held this trade over night and look for a profit target of $19.44 just ahead of the prior Supply Zone (SZ.)
1 comment:
You might want to check this technical analysis program: http://www.cognitum-research.com/en/wave-explorer
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