This stock caught my eye on 04 Dec when the daily RSI(14) crossed above 70, it hit a day change of 56% and it moved over 9M shares in volume.  Typically, I like to get in a trade like this right at where the Upper Bollinger Band intersects the daily candle. 

However, in this instance the stock also crossed the 200-day sma on 04 Dec.  Typically, when a stock crosses the 200-day sma it will retrace all the way back down to the 200-day sma before bouncing off and making another strong move upwards.  Profits could have been better on this trade but it still made for a decent swing trade.

Tonight, as I trade from S. Korea, I'm hoping to get in YTEN at $3.65 before it rebounds.  Good luck!

 

Stephen