there is some strong buying here in the high .02's...its definitely a good feeling to see a base building at this level.
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there is some strong buying here in the high .02's...its definitely a good feeling to see a base building at this level.
nice :)Quote:
Originally Posted by candleman
yeah, let it sit, someone mentioned on google that it was a short covering that was running it up a little before they bring it back down, that sounds likely.. if there really is a large NSS that would make sense, and the NSS are out of themoney at .09.Quote:
Originally Posted by GoHerdGreg
spng will probably gap down on monday and run up again like today, so have an early morning buy in for the same 25% if today doesn't fill...(don't forget when i say this i don't have a crystal ball or a time machine, just figuring on what it seems like)
Bass, do you see that on a chart? Is there some fundemental that I'm missing? I don't study the charts very well, just the gut feelings that quide me. I'm going to pull the .032 off the table and just let this ride a little while.Quote:
Originally Posted by bassmaster
Quote:
Originally Posted by candleman
there was a gap down on the price because of the PR that said the company dilluted. yes its on the chart around august 23 i think. it closed at .035 , the PR came out then it opened at .029(it hit .03 during the day)... so my point is if you dont sell at .03 which is our current resistance (and very strong) then you have an excellent shot at .034 (.035 is the next resistance level) as opposed to selling at .032....but if .002 extra is not a big deal then my opinion shouldnt matter in the least. ok, alot of rambling but please reply to me that you understood what i wrote.
my point is if you dont have a sell target at .029/.03 now , then the next resistance level is .035 (.034 sell should go through).
it helps to see updates to things, check out the spng website. they added some football pictures and tennis section
http://www.spongetechinc.com/marketing/spongelove
fundamentally i think sell targets are just below resistance and buy targets are above resistance (if it should hold and turn into support).
candle, that is why i sold at 28 and 284. its a couple of ticks below resistance.
Thanks Bass, I hear you loud and clear.Quote:
Originally Posted by bassmaster
I have a small problem with being happy with 25% or better profit. I forget that if I hold on, someday there may be a better pay off. So, it comes in real handy when there is someone around to give me a head slap every now and then and remind me to hold for a bit better profit....:)
or less profit.....you have the option to sell here just below the current resistance at .03. breaking 3 is gonna be tough we kissed it today and dropped .. please be advised i am not recommending you to hold for .034, i am only recommending you to change your sell to .034 IF you are not willing to scalp here in the high .02's. that is all. GLQuote:
Originally Posted by candleman
its gonna be an interesting power hour for QASP for sure. the ceo said we should be removing the stop sign on the pinks by today, if they issue a pr before close that they complied then we will bust through them .03's. i am also interested in see if there will be some late buying pressure going into the weekend.
Oh, I completely understand. I'm in at .026, so at this point, I'm holding for over the .03 for sure.Quote:
Originally Posted by bassmaster
One of the reasons I like this site is that we all give our honest opinions. I feel very littls bullcrap going on around here. So, please always say what you think. I make the most money when I listen to others opinions. And I have no fear of voicing my own buying and selling opinions. I hope I've helped others make some money too!
i'll tell you one thing for sure, if there is a power hour rush and we break 3 and dont hit 34 , i'll feel like the biggest DICK. HAHAHAHAHA - laughing at myself obv
This is basically what I do for a living right now. So, my eyes are on the market all day long and I'm ready to pull the trigger at any moment. If we run above .032 today, I'll be holding on for the long ride!Quote:
Originally Posted by bassmaster
candle do you have level 2?
No, I don'tQuote:
Originally Posted by bassmaster
its definitely important to have access to level 2 when you're trading. also be able to understand what is going on real time(I AM STILL LEARNING).
if you have etrade as your broker you can call them and ask to upgrade you to etrade pro platform (tell them you're starting to trade and they will give you a free pass for 1 Q , i did it , but now i have more than 30 trades so i qualify) . you need to have 30(i think) trades and you get it for free for the next quarter.
theres a free site i think its called level2quotes.com
Did anyone just see that take down of BEHL? It went from .045 down to .04 in like 30 seconds.
now with level 2 , you can see what i see in real time. we keep approaching the next resistance level and cant push through (it just hit .0291 and dropped to .0272) for anyone scalping they would take their profits now and wait till we past this resistance level and it became a support level to gain a new position for another scalp.
Hey Bass, do you figure out the supports and resistances by reading level 2? I just got it the other day. And I am starting to notice some patternsQuote:
Originally Posted by bassmaster