RSI 1Y Breakout Feb 2014 2nd Week

Week Feb 10-14 2014.

Use this list as educational resource.

Follow the rules. DO NOT be greedy!!!!

(I don't think the daily Open Low High matters, So I am just gonna post the close $).

I was on vacation, sorry for not posting this list past 2 weeks, you could possibly have missed some stocks move, one i can see is CYBK

Notice, BRD, LSG were on Jan 1st week Scan, and popped on this week scan.

Symbol	Name	Exch	Sector	Industry	Close	Volume
ALN	American Lorain Corp.	AMEX	Consumer Staples	Food Products	$1.16	660,997
ASM	Avino Silver & Gold Mines Ltd.	AMEX	Materials	Platinum & Precious Metals	$2.24	739,784
AUMN	Golden Minerals Co.	AMEX	Materials	Platinum & Precious Metals	$0.93	1,312,062
AXU	Alexco Resource Corp.	AMEX	Materials	General Mining	$2.10	631,585
AZC	Augusta Resource Corp.	AMEX	Materials	General Mining	$3.21	572,104
BECC	Breitling Energy Corp.	OTCBB	Health Care	Pharmaceuticals	$0.88	612,644
BRD	Brigus Gold Corp.	AMEX	Materials	Gold Mining	$1.19	1,863,443
BRDT	BreedIT Corp.	OTCMKT	Financial	Specialty Finance	$0.46	2,403,892
CALL	magicJack VocalTec Ltd.	NASD	Technology	Telecom Equipment	$17.25	501,028
CHGS	China Gengsheng Minerals Inc.	AMEX	Materials	Specialty Chemicals	$0.66	2,166,642
CKSW	ClickSoftware Technologies Ltd.	NASD	Technology	Software	$10.13	429,711
CVGI	Commercial Vehicle Group Inc.	NASD	Industrial	Commercial Vehicles	$8.39	153,904
CVV	CVD Equipment Corp.	NASD	Technology	Semiconductors	$17.05	48,897
CYBK	Cyber Kiosk Solutions, Inc.	OTCMKT	Cyclicals	Special Consumer Services	$0.24	4,805,865
DHRM	Dehaier Medical Systems Ltd.	NASD	Health Care	Medical Equipment	$8.62	719,131
GIGM	GigaMedia Ltd.	NASD	Cyclicals	Toys	$1.27	1,205,440
GORO	Gold Resource Corp.	AMEX	Materials	Gold Mining	$5.47	810,906
GPL	Great Panther Silver Ltd.	AMEX	Materials	Platinum & Precious Metals	$1.23	3,254,952
GTT	Global Telecom & Technology, Inc.	AMEX	Utilities	Fixed Telecommunications	$12.49	243,773
HNSN	Hansen Medical Inc.	NASD	Health Care	Medical Equipment	$2.50	645,252
IDN	Intellicheck Mobilisa, Inc.	AMEX	Technology	Computer Hardware	$0.72	1,027,275
IMRS	IMRIS Inc.	NASD	Health Care	Medical Equipment	$2.35	560,231
IZEA	IZEA Inc.	OTCMKT	Cyclicals	Media Agencies	$0.68	323,666
LCAV	LCA-Vision, Inc.	NASD	Health Care	Health Care Providers	$5.44	5,009,391
LSG	Lake Shore Gold Corp.	AMEX	Materials	Gold Mining	$0.84	1,666,852
MDW	Midway Gold Corp.	AMEX	Materials	Gold Mining	$1.39	1,168,258
ONTY	Oncothyreon Inc.	NASD	Health Care	Biotechnology	$2.79	1,715,838
OPTT	Ocean Power Technologies Inc.	NASD	Energy	Renewable Energy Equipment	$4.64	5,519,675
PLM	Polymet Mining Corp.	AMEX	Materials	General Mining	$1.19	811,119
PZG	Paramount Gold and Silver Corp.	AMEX	Materials	Gold Mining	$1.42	1,140,981
RBY	Rubicon Minerals Corp.	AMEX	Materials	General Mining	$1.65	2,224,045
RIC	Richmont Mines, Inc.	AMEX	Materials	Gold Mining	$1.80	331,944
ROSG	Rosetta Genomics Ltd.	NASD	Health Care	Biotechnology	$3.84	240,141
SNMX	Senomyx Inc.	NASD	Materials	Specialty Chemicals	$9.78	704,878
SVLC	SilverCrest Mines, Inc.	NYSE	Materials	Platinum & Precious Metals	$2.59	728,918
SYMX	Synthesis Energy Systems, Inc.	NASD	Technology	Electrical Components	$1.83	13,357,894
SYN	Synthetic Biologics, Inc.	AMEX	Health Care	Pharmaceuticals	$2.44	4,030,618
TSEM	Tower Semiconductor Ltd.	NASD	Technology	Semiconductors	$7.40	161,861
WRES	Warren Resources Inc.	NASD	Energy	Exploration & Production	$3.82	884,778
XRA	Exeter Resources Corp.	AMEX	Materials	Gold Mining	$0.79	305,398
XXII	22nd Century Group, Inc.	OTCBB	Financial	Specialty Finance	$3.10	220,231
YOD	YOU On Demand Holdings, Inc.	NASD	Cyclicals	Entertainment	$5.75	2,591,079

Why I prefer Technical Analysis? and Steps to develop a Strategy

Technical Analysis will help you spot a move much earlier, proof below. (this is just an example)

On July 03 - I sent this Ihub message to few of my friends along with a chart, and also alerted to PSS members via chat.

Link : https://www.tradingview.com/x/Iymqckle/


Image:

Guess what happened!

For the setting on RSI weekly pullback and video lessons visit promotionstocksecrets.com

Another example:

What happened ? !!!! 

Need more Proof !!!! Because I have many since 2009. Any recommendation I make on how to scan for profitable move comes after a huge research, and going over multiple charts multiple times to land on a solid conclusion on profits.

My advice to anyone who is willing to take the effort to learn swing trading is to learn from scratch, erase what you know on technical analysis and start from scratch. You will be successful !!! 

Why I stress on learning Trendlines, Support and Resistance? 

HL - Horizontal support and Resistance Trades

I don't need to explain what happened, you can see for yourself. 

PGNX - Trendline trades

The two red trendlines pushed the stock down, also observe where the first push was supported, weekly closes. This move was a good example of $ Price waves.

There are four steps in defining a strategy

1) Develop a scan

               Know what you are looking for in terms of price behavior and volume. Then match the indicators to do a scan for it (I can help you pick the right indicator for the scenario you are looking for, or use my functional indicator classification table, when you have a doubt, all you need to do is ASK). 

2) Back test

              Back test your scan and find out how effective your scan is in picking up what you need

3) Live test

              To avoid the doubts of hind sights, paper trading & live test your strategy.

4) Develop Rules

              Most important step, have rules for every trading strategy, revise them as needed.

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Before I am done, Don't believe what others are saying. That would include me as well, test yourself and conclude whether the methods (not if I am honest) are working. Lets change this industry !!!! and send the robbers back to where they belong, Ignorance will cost you. 

GOLD !!! Eye popping move.

Gold Miners on watch.

NUGT - ETF.