BCN 0.00% 2.2¢ beacon minerals limited

chart, page-28

  1. 1,715 Posts.
    Hi Barnsty,

    Awesome charts! I agree slow stochastic has been working well for me too, but i reckon there's an exception to that, upcoming announcements & market sentiments (means more traders gradually getting set & enter BCN leading to continuous momentum or bullishness in further travel). A couple of charts of other stocks in similar situation:

    BCC-


    I did very well trading BCC from 5 to 10.5c, always sold it whenevr it got to overbought position (see how the slow stochastic travelled in big waves between 20-80, always got sold down to 20 when it reached 80), but see how the pattern changed when it got closer to news. It stayed almost flat around overbought position & refused to back down! This was one of few times when slow stochastic didnt work for me.

 
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