Hi, all. New member but not new to trading. I've spent a great deal of time studying the markets and learning from my mistakes, with my hard earned money, over the past 10 years. I've developed a very simple approach to trading that works well for me and will just post my plays in this thread. I buy boring stocks and sell them when they become exciting. I buy low and sell high. I buy returns to support and sell euphoria.

I have been watching DEAR (fidelity bank) very closely for the past year. It is a low float bank stock that has been pretty predictable a couple times a year. An opportunity has presented itself today. Right now it is basing and has at last returned to September support (the 1.30s). Check the 6 month OHLC chart. Quarterly numbers are due in mid/end April. It is a buy in the 1.30s with a sell target in the 2-2.20 range.