Wednesday, March 9, 2016

FLI: sleeper play update 2 - Breakout!!! Now at 1.63!!!

Our patience is beginning to pay off. We first began our vigil on FLI with this first post on Feb. 18, 2016: FLI: sleeper?

Below is the screen shot when I initiated my buy. (click photo to enlarge)

Here is the next photo from the last update on Feb. 24, 2016: FLI: sleeper update
(click on the photo to enlarge)



And here we are today. (click on the photo to enlarge)

If you didn't listen to my warnings and bought anyway, then congratulations! Hehe!

I usually use EMA 15/30 or EMA 10/20, depending on the stock. Each stock is unique so there isn't a once size that fits all of them.

I also put heavier reliance on RSI versus stochastics due to preference. RSI tends to be more accurate or clear for me when divergences occur.

What now? Monitor the EMAs. If the slower EMA begins to cross over or is crossing over the faster EMA, then sell. Simple as that. If the stock continues to go up, then you might consider adding a few more shares especially if it breaches the 38.2% fibonacci level with strength and volume.

Since this has already broken out, I am now looking for the next "sleeper play".

2GO looks promising.

Caveat and God bless!





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