There were very few stocks with showing our entry signal so here are a few to keep on your radar and awaiting a good entry point.AAN, ARST, CPN, CPSI, CYOU, HANS, MVSN, ORLY, PTRV, QSII, TECH
Week 18 Recap
QSII broke out and setting up for yet another entry
CPSI broke out nicely
ARST still waiting
Failed before entry (no harm, no foul):
PNRA Broke down on earnings (we never hold a full position over earnings; unless we have a profit going into earnings we usually close the entire position. Pay attention to those earnings announcements).
DRI, FWRD, HRS, & VIVO Never triggered as well
As you can see, by sticking to our trading entry and exit rules we eliminate fake out trades and have an extremely high success rate. 2/2 for trades placed on the week, not too bad in a sideways market.