My black dot signal occurs when a stock has been short term oversold and then closes above its 30 day or exp21 day averages. Buying an oversold bounce is minimal risk for me. If the bounce fails I can quickly exit with a small loss. I prefer this strategy to buying break-outs. It works best for me with up-trending stocks near all-time highs.
Look at the new DELL.
And CMBM
