Examples – Buy Signals
Climax Low buy signals are shown below in dark blue. These proprietary signals are designed to pick the low, i.e., a shorter or longer-term bottom, with amazing accuracy.
Also shown is the Relative Strength Ranking plotted as an indicator in the top window. The 50-day and 200-day XMAs (eXponential Moving Averages) are plotted in blue and red, and the 17-day XMA of volume is plotted in blue overlaying the volume bars.
Penny stocks can make some big moves. This one was up about 100% in three weeks, after the signal marked the exact low. You could make a fortune in penny stocks!
Here's another Climax Low signal on a cheap stock (if not an actual penny stock), marking the exact low:
Common logic says the cheap ones are no good, but I beg to differ.
Here's another Climax Low signal, in blue, again picking (practically) the exact low.
This one is a good indication of where to set a potential sell stop order, i.e., just a bit below the low on the day of the signal to allow for a re-test of the low.
Also shown are some Climax High signals, marked in red. These are roughly the inverse of the Climax Low signals. Some of them went down, but some of them lead to just a temporary decline, and were quickly taken out on the high side. Naturally, since in a bull trend there typically will be numerous bouts of selling on the way up. In this situation the Climax High signals can be extremely short-term, or may fail outright. This can be seen above, to the right of the Climax Low.
Shorting a rising market is not recommended.