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Metastockuser,
The basic principle of any trading technique or system is: "BUY STRENGTH AND
SELL WEAKNESS". Though you can buy on dips also, but it is advisable to buy
only when a security shows strength. Breakouts from a pattern in up
direction is also a sign of strength.
Moreover, last but not least, use any rules for entry but always sit tight
with tight stop loss and good money management.
Thanks and Regards,
Amit Trivedi
Technical Analyst, Professional Trader & Coach
Athena Research and Solutions
www.athenasolutionz.com
http://athenasolutionz.forumup.in/
----- Original Message -----
From: metastkuser
To: equismetastock@xxxxxxxxxxxxxxx
Sent: Monday, February 20, 2006 10:09 PM
Subject: [EquisMetaStock Group] When to Buy uptrending stock?
Which is a better entry technique for buying an uptrending stock:
1) Buy on a dip to 20-day EMA?
or
2) Wait for pullback to 20-day EMA, then wait for a break of the prior
high (cup and handle type entry)?
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