BTH is now in my watchlist. Experienced traders know that BTH...

BTH is now in my watchlist. Experienced traders know that BTH price is currently too far extended above the moving averages. It first needs to regress to the mean somewhat, and the moving averages eventually tighten before moving up again.

I first like to see the shorter-term moving averages compress like BTH did back in Nov 24th around 23 cents. By being patient and ensuring entry decisions are made outside market hours, traders buy before emotional traders buy into parabolic runs like BTH experienced at 48 cents.

When short-term traders are up ~ 100% in two weeks, they will be selling into strength. If they don't, someone else will.

The longer-term picture is positive with price above the 200-day moving average.

(ACX_ALU_APT_APX_ASL_AVZ_A2M_BIG_BKL_BSL_CWY_LVH_MLX_NWH_NXT_ORE_SDF_SYR)