Written by: Mike Simonato, Ontario
USA Home Page Price stalling RT, BSR and MTI Falling. Remember Dr DiLiddo’s Strategy from the weekend:
…“let’s enjoy the upside while it lasts, but begin thinking about protecting profits, especially if the divergence between the Price of the VVC and the Canary continues.”
CDN Home Page Price and MTI Good but BSR and RT Slipping
KL 4 times can’t break out Today up but weak candle EPS, OBV and RT Good coming into seasonally strong time
BYD.U Fell to 79 SMA then closed at the top of a Big Red Candle
AQN Holding the 79 SMA and broke out of wedge but Doji
IIP.U Held 79 SMA Watch for breakout
ACST (USA) 4 times can’t break out
Click or tap image to enlarge.
CAUTION: Lots of Game Playing going on: Look at pot stocks Last Week compared to This week
Lesson “Trade Your Plan”
Make Stocks of interest Prove themselves and watch closely any new positions
Continue to watch Vector Vest for Guidance ( ie Watch the 1 and 5 day Derby winners for a feel along with the home page)
As always, nothing more than my 2 cents and I hope it’s of value and interest.
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