Short Term Trading Weekend Lounge: 7 -9 Apr, page-136

  1. 3,615 Posts.
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    "10. Buy the ones that coil "
    Could mean a stock that has been in a basing, consolidation pattern.
    Stock price condensing, tight patterns etc.
    " Coiled like a spring ",
    i.e. ready to explode.
    Consistantly re-testing, getting closer and more frequent
    to previous reistance / breakout point.
    Volume building clearing old supply?
    That type of thing etc
    GL
 
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