                   TRADE A
                       4/20 -  DAY 1                                 NXLK pulled back 5 bars to the 50-DAY  EMA.Most of your PB trades in strongly trending stocks seem to be 3, 5, 7.8,  or13 day PB’s. After that, momentum is not quite the same until stock bases  abit. You count bars by starting with actual low (High) or by  the  precedingbar if a low, or the next bar if a high. In this  example  we  started  withthe actual low bar on Day 1. It  is  an  either/or  count.  NXLK  closes  inbottom of the range at 53 1/4 right on the 50 EMA. The 5 bar PB was  from  anew high of 70 to low of 52 on Day 1.
                       4/21 -  DAY 2                                 WRB up to close at 63 confirming Day  1  asa swing point (S3) low. Checking the volume chart you see that R1 is  a  bigWRB outside reversal day on increased volume. This sets up a  counter  trendshort trade for R2, which is a big down day on 1,000,200 shares. Notice  howDay 1 low (S3) was on declining volume. No unusual volume on this  WRB  moveup.
                       DAY 3                                 Is a bar pattern BP1 strong  gap  move  up,no entry unless you were able to trade intra  day  pattern  from  the  5-minchart.
                       DAY 4,5,6                                 All gave  good  entry  above  the  previousdays high before Day 7, which was a reversal day. Three good day trades.
                       DAY 7                                 Is a WRB down which then consolidates to  adynamite triangle which is usually a minimum of 2 inside days as  volatilityand volume diminish. The move out of the triangle is usually  a  good  tradeas you see on the day 12 bar which is a WRB to downside. It doesn’t have  tobe a perfect shape but will have mostly lower highs and higher  lows  as  itnarrows.
                       Day 12                                 WRB is a 7 bar low and  then  you  got  twoinside Days 13 and 14 forming another dynamite triangle  with  an  explosiveupside breakout from 69 7/8 to 77 3/4 on Day 15 with good  volume.  Days  16and 17 gave you two more great day trades with multi-point moves.                       NXLK ran from a Day 1 low of 52 to a Day  6  high  of81 1/4 with only a 5 BAR move. That is traders’ volatility. The Day  6  highof 81 1/4 sold down to 64 on a 7 bar move which retraced 59%  of  the  priorswing before the dynamite triangle breakout took NXLK to  another  new  highat Day 18 of 88 3/4. The power of a high RS value  and  strong  ADX  coupledwith volatility is the formula.