That engulfing candle sure did give a nice clue on SIRI's chart. The next item on SIRI's agenda should be to break it's 52 week high. Hopefully that happens in short order for all SIRI longs…. ;)
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That engulfing candle sure did give a nice clue on SIRI's chart. The next item on SIRI's agenda should be to break it's 52 week high. Hopefully that happens in short order for all SIRI longs…. ;)
Morning Bass!
You were spot on with that observation last week Bass...:thumbup::money:
Sure would be nice to test a bit higher before the consolidation. Lets see how she acts today...GLTA
GM Denco!! What's up buddy?! I just know you've been killing it lately…. :)
I hope you had a good 4th of July. Mine couldn't have been better. How does the P&F analysis look for SIRI?
What's up BassMan!Quote:
Originally Posted by Limit5Bass
I have been holding my own trying to make the right moves getting caught here and there for a few days but overall coming out on the + side......not killing it but rather not getting DONKEYDONGED by SchnitzelMan.:sunny:
The P&Fs are sitting at multi year highs. A break of 3.63 sets us up for more upside but with this volume today it could go either way....
Attachment 1035
Attachment 1036
EDIT: Yesterday had a pretty damn strong candle though, so I would hope and expect at least a pop up over 3.63 but if on low volume it could be a short term head fake.
FOMC minutes could keep us in check with a BS move after like a few weeks back. The MMs suck!!
i have a few updated thoughts on "other stocks" in the other forum….check them out….
http://siriusbuzz.com/forum/showthre...35-July-Fly-By
thx for the P&F update…i don't look at those charts enough
SIRI definitely needs a new 52 week high today…..and I think it's coming :money:
remember my gap-up theory and where that places you in that short-term trend?
I am drawing a blank on this BassMan. Could you rehash....Tks.Quote:
remember my gap-up theory and where that places you in that short-term trend?
Checked out your update on AAPL at your site BassMan......great analysis. I too am bullish long term AAPL. Looking to go BIGLONG sometime soon as well.Quote:
Originally Posted by Limit5Bass
just for you Denco….placing the Fibonacci 50% retracement in the middle of the gap up gives you an estimated $3.97 short term target…...Quote:
Originally Posted by denco1
Attachment 1038
Love the analysis Bass!!....thanks!!Quote:
Originally Posted by Limit5Bass
Many clues have presented themselves and that 3.50 area could be the final clue if it holds before a run if not I will take the fill after the target area.......3.97 would be a treat.....TKS again for the analysis:popcorn:
I am going to put the link up Bass as I would think many would like to check out the update.....if you don't mind.Quote:
Originally Posted by denco1
http://www.trendystockcharts.com/siri/siri-7102013/
I am going to recommend LimitBass's website as well. He is really good. Nice work LB!!
Thanks guys, I appreciate the comments.
Check out this version of the P&F chart….looking damn bullish to me long term…..
http://stockcharts.com/def/servlet/SC.pnf?c=siri,P
... Morning S.I. Are you out there? LEDS reporting their quarter this week. Any thoughts on what to expect?
Bookmarked it!!! Thanks!Quote:
Originally Posted by midas360
Well, from a technical perspective, watch for a breakout from the symmetrical triangle that seems to be forming. Symmetrical triangles are usually continuation patterns…..however, be careful on low volume breakouts to the upside or downside as they could be a head fake. Based on the volume bars inside the triangle, there seems to be some buying going on.
Attachment 1039
And that is my 5 min analysis on LEDS
Quote:
Originally Posted by SlapShot27
Hey Slapshot, I am aware that LEDS will report prior to the opening bell tomorrow. Frankly, I re-entered my position with them a week or so ago (after a nice profit-taking exit earlier), based on some very positive information in various small cap commentaries. Today I see the normal hedging in commentary as folks are voicing both sides of the earnings possibilities, and comments from both sides saying "and here is what will happen if...................." My thought is that it could be a disappointing earnings with a minor miss, but then again it might meet or exceed all expectations. I'm betting on the latter, and am willing to take my lumps if it falls off a bit on sour reports................. So, how is that for circumventing your question? :out::thumbup:
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Originally Posted by SlapShot27
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Originally Posted by Limit5Bass
Thanks Bass, and all who share charts here.
What's up RC!:DQuote:
Originally Posted by Redcloud
Thanks to you too dog! Glad to see you dropping in.:thumbsup: