Well, it's 12:01 am where I'm at, so here is a chart to start of the post for today's trading. This is a weekly chart for SIRI.
SIRI needs a nice strong close (above $2.95) to end the week and confirm yesterday's breakout.
Attachment 694
Printable View
Well, it's 12:01 am where I'm at, so here is a chart to start of the post for today's trading. This is a weekly chart for SIRI.
SIRI needs a nice strong close (above $2.95) to end the week and confirm yesterday's breakout.
Attachment 694
Morning... Good stuff LB!
Thanks Bass.
Welcome to
Three Dollar Thursday
Thanks BassMan!.....Happy New Year!
Good Morning to all. If the Dog holds the line at $3 then this run may have a bit more room. I wouldn't mind a gap fill to load up HEAVY again but I will certainly take 3.14 in a day or 2
Mornin erry body....
Yesterday we had a bullish engulfing candle confirmed with a gap up signal and three outside up candlestick pattern. All this after a low volume down drift and multiple homing pigeon candlestick patterns.
I do believe we also broke a cup and handle.
3x very bullish signals.
GM all...
So I'm seeing 3.04 in PM action and like many of the you am wondering where this is heading. Anyone mind sharing your share price (sp) trading strategy here?
David
Well I am still going with "we fill almost all gaps". But i do hate to miss out on a pop. We have the jobs report that was good (or should i say we added more jobs than expected..good might be the wrong term), auto number coming soon. Looks good.
Sure yoda, my strategy today is to watch today and make a move maybe tomorrow. Since we are at multiple year highs and consistently breaking higher I'm TRYING to wait for the BIG move, I'm thinking a 3 day 30 cent move maybe started.
All guesswork of course but educated...
Can you show me a link to identify the engulfing candle? An engulfing candle typically "engulfs", as the name mentions, the prior days candle. Yesterday was a nice gap-up, but not an engulfing pattern in my opinion.
EDIT: If you were looking at my below chart, it is a weekly chart, and this week is still unfinished but it does have an engulfing pattern that is forming. I updated my below chart to reflect that it is a weekly. Sorry about any confusion.
Ok, so I'm no expert but here's my review of the P&F charts.
On the 1 cent HI/LOW chart... we just had a double top breakout so that's a bullish sign of further upside.
On the 1 cent CLOSING chart... we just had a double top breakout so that's a bullish sign
On the 5 cent HI/LOW chart... we've recently had a triple top breakout which is an even more bullish sign.
On the 5 cent CLOSING chart... we're in an ascending triple top breakout... a very bullish sign. Resistance looks like it will be at 3.15, 3.20, and 3.30.
Overall I think we're heading higher towards possibly 3.15 and may put a sell in at 3.14.
David
Most (all) of the tech stocks I follow are down pre-market, except SIRI. Good sign.
I am holding for the near (several days, through Frear's announcements, at least) future.
I am "all in" FYI, sold most other stocks, some at losses but with less upside than SIRI, before end of 2012 to offset my gains in SIRI, and put the money into SIRI. Still hold a little Apple and Organovo, but like 95% SIRI. It has been "berry berry good to me" and it looks like it is going to be a VERY good year, or three, going forward. Ridiculous fundamentals and positions I don't need to preach to this choir.
Run Dog, Run!
Question (sort of off topic, I suppose): Is there an option here to be notified via email when one receives an IM? I've looked all through the personal profile section but didn't find that answer.
PS. Yoda, I've always viewed the SIRI P&F with one cent incriments. You bring up a new point of view for me (3 and 5 cent steps); I think I'll try your way and see if it looks any different to me.
Totally bizarre. Even more bizarre is now 5% is 15 cents!
Stockta.com very tiny engulfing pattern. Dojispace.com tells of the other pattern. Click advanced screening then type siri and click chart. Then see candlesticker.com for the definition by clicking bullish at the top. On my phone typing or I'd give better links sorry. Hope you can find them all.