I've spent years dating charts of every size and shape hoping to cross paths with the one of my dreams. One where we talk to each other over morning coffee. We have similar inteterest. We get each other. We'll I'm pleased to announce I've met just such a chart. Come to find out the simple type is my match. Don't have a name for her yet but here she is. Candle, Day, Price/Momentum, Money Flow. She's been whispering to me for days about this stock. "Price Momentum is up sweet pea". "Look, it goes up but rally breaks out to the upside when it crosses 0.000. All stocks do darling". "Oh and look, when Money Flow breaks 90 it's a game changer". "It's ok if you want to hang out with your swing trade buddies for a couple days or a week. As long as Money Flow stays above 90 your in control of the football. Have fun". Trust me, I argued with her, kept messing around with her settings thinking I could outsmart her. But she was right....she's always right. I'm in that phase of a relationship where everything is all misty and my head is foggy. The digital honeymoon phase. Will we become a wealthy pair? I think so. Were starting with very little but together we are going to be invincible.
Clearly my humor this morning is pathetic and a little off but do take a peak at the actual chart setup. It is proving to be as accurate a chart I've ever put together and I think it's worth sharing. My platform may differ from yours, including how the indicators consider data. Some may not have the indicator combination and one might have to add three or four to create the same. Happy trading!
