Low volume, closed flat, when does the march higher...begin?
JS
Low volume, closed flat, when does the march higher...begin?
JS
I'd like to share but, Im not sure anyone gives a shit... I sold out of NFLX and AMZN today with some nice gains. Still like both companies long term but assumed some profit taking and pullback was coming.
How will you guys play the conference call? Will you setup stop losses for an event like that? After what happened to AAPL, calls scare the shit out of me.
Charles LaRocca
SiriusBuzz Founder
Speaking of pullbacks, I skimmed through trades back to 2005...I wish I'd held through or added on most pullbacks, seeing some old sell prices way lower than those stocks prices these days! Lol
So, here's a look at the high-Low. Maybe a re test of 3.10 in a day or 2 before the CC run. Would keep the triangle in tact and print a higher low. Also corresponds to the Mid Point of the BB and the 20 sma. Nice place to bounce from on a hard run.....This of course, one of many scenarios that could play out.
EDIT: Of course I would prefer to take off and re test 3.19 from here as a triple top and blow the shit out of it on our way to 3.25+++.
High-Low.jpg
Last edited by denco1; 01-28-2013 at 09:55 PM.
SI, thanks for the log scale explanation, I never understood the use of that, makes great sense now
1-28-13.png
Yeah, whoever is waiting on 2.91 can suck eggs imo, I closed that crap off a couple weeks ago, gl with that, ain't happening right now. My post mysteriously disappeared that was on here earlier, $3.12 close tomorrow, imo.
CC Feb 5, 2013 at 8:00 AM ET
Thanks Denco, I knew it was here somewhere