Back to www.cobrasmarketview.com

Bull Spike Scan back test

User avatar
Cobra
Site Admin
Posts: 58071
Joined: Sat Feb 12, 2011 10:29 pm

Re: Bull Spike Scan back test

Post by Cobra »

This is the broad market on Aug 11, 2015.
6.png
AGO, HFC, MBI, MPC, PBF, SA, VLO found on Aug 11, 2015.

AGO, MBI pullback after spike was too large, so disqualified.
1.png
3.png
HFC, PBF, VLO was a loser.
2.png
5.png
8.png
MPC buy never triggered.
4.png
SA, entry 5.8, stop loss, 5.45, 1x target 6.15, 2x target 6.50, 3x target 6.85.
7.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58071
Joined: Sat Feb 12, 2011 10:29 pm

Re: Bull Spike Scan back test

Post by Cobra »

nvda found on Jan 10, 2011. This is a perfect setup, only one red bar and no more drop below the red bar indicating very weak bear.
1.png
cy found on Jan 10, 2011 had no red bar until very late. whether it's a good setup, will need research more.
2.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58071
Joined: Sat Feb 12, 2011 10:29 pm

Re: Bull Spike Scan back test

Post by Cobra »

Feb 7, 2011
1.png
2.png
tmk, I don't think it's a bull spike.
3.png
wlk, the signal bar was good and the entry bar was ok.
4.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58071
Joined: Sat Feb 12, 2011 10:29 pm

Re: Bull Spike Scan back test

Post by Cobra »

sfl and usg found Aug 29, 2011, both pullback too much after the spike, so no buy.
1.png
2.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58071
Joined: Sat Feb 12, 2011 10:29 pm

Re: Bull Spike Scan back test

Post by Cobra »

Oct 24, 2011
1.png
brkr, the pullback thereafter was too much so no buy.
2.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply