Thought I'd save this for the lounge, but I'll post it now as...

Thought I'd save this for the lounge, but I'll post it now as I'm just chillin'. Have a read and comment/educate me if you're bored from making so much money :)

My case study and diary on DEG:

End of day 18/9 (no ann):
-comes up on MACD cross scan
-ADX indicates not a strong trend yet
-ST MAs equal, no cross yet
-longer MA bullish
-vol below mid-term avg
-RSI/stochs heading upwards
-weekly potentially reversing bullish
-0.018 id'd as support, 0.02 as resistance (0.034 next major fib)
-chart indicates chance of return to support to form right shoulder of inverse H+S
Verdict: watch

End of day 19/9 (no ann):
-already on watchlist
-ADX indicates still no strong trend yet
-still no significant cross on ST MAs
-longer MA still bullish
-vol still below mid-term avg
-RSI down; stochs flattening
-weekly still potentially bullish
-0.018 support, 0.02 resistance remain
-chart still the same; could still go either way
Verdict: fails to reach support; watch for break of 0.02 with volume on 20/9
Note: I'm hesitant to commit as weekly stoch's overbought-instead focus on what I perceive to be higher probability trades

Open 20/9 (no ann):
-first two 30 min bars bullish (!)
-course of sales shows 2 $10K orders through at 0.021 at 10:59 (!!)
Verdict: BUY Lapollonio!!!

But I didn't - I already put more money in AZH and am still happy.

I'm actually more cranky that I got stopped out of PBT a few days ago :)

And well done CDB players - bos!