Low volume, closed flat, when does the march higher...begin?
JS
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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 your right... We don't give a...actually...never look back at taking profits...because if you hold...you just crap your britches when it suddenly pulls back! I've been stuck too many times holding...and I've changed my underwear one too many times!Quote:
Originally Posted by SiriusBuzz
JS
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
My pleasure!Quote:
Originally Posted by imromo24
Macd is my favorite. After a cross you can sleep at night knowing you can hold or stay out a few days with more confidence. I'm still out of siri over two weeks since 3.17!
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+++.:money:
Attachment 782
SI, thanks for the log scale explanation, I never understood the use of that, makes great sense now :)
Attachment 783
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.
http://www.youtube.com/watch?v=GBLwZWnEAqg
CC Feb 5, 2013 at 8:00 AM ET
Quote:
Originally Posted by Redcloud
You dropped th post you're looking for on Friday's thread......
:wrongforum: errrr thread.....
Quote:
$3.12 close tomorrow, imo, I see Weds. as a pivotal point, CC Feb 5, 2013 at 8:00 AM ET, come weds. T minus 5, gla
Thanks Denco, I knew it was here somewhere
IM, you are welcome. We can thank Denco for bringing up the subject though. Truth is, I never knew either mode existed until he asked if my charts use Log scale.Quote:
Originally Posted by imromo24
BTW, maybe you can teach me something about MACD. I use to pay more attention to it than I do now since I planted in my head the idea that it is a "trailing" indicator........... In fact, I learned that the Slo Stochistics oscillator actually did a better job with SIRI as a "predictor" of price direction. I also pay a lot of attention to RSI, as I have seen consistently when Overbought and Oversold have acurately signalled a iminent price refersal.
I find the best way to see whats going on on the site is to click the "whats new" link at the top of the page. That link will show you only whats new in the last 24 hours so, the daily thread and the previous daily thread are likely to be listed free of noise.Quote:
Originally Posted by Redcloud
Alternatively, you can always check out the top 10 module at the bottom of the front page. The newest 10 posts will always be listed there as well.
Hopefully that info is useful to someone.
I have heard that too, but I use it to "time stamp" a price. I got out of siri actually at 3.14 probably January 8th or 9th. when volume dropped and macd started flattening.Quote:
Originally Posted by siriusly_invested
I see siri crossed on January 18th with a high of the day of 3.17, if I were still in I would tell myself next opportunity to get out at 3.17. So actually I used it as a leading indicator, it moves slow which is good for swing trading over a week or so.
Since today the MACD went more negative I'm expecting I have a few days to buy at these or better levels (since macd went lower it will take another effort to move it back up)
Then I count, MACD has been negative for 5 days. To me that means I have 5 days for siri to work on getting macd back up and I have time if there is a breakout to wait for it to retrace.
edit: If you look at the macd on stockchart.com you can see that each "mountain" peaks then falls nearly the same number of days it takes to peak. That also helps you time stamp an exit price when macd is positive.
that would be me. In fact I can envision 2.87 since we are over 70 RSI and 2.87 is the 20 day MA on the weekly chart. here http://stockcharts.com/h-sc/ui?s=SIR...d=p44747193787Quote:
Originally Posted by Redcloud
All micro charting aside there hasn't been a shakeout and I don't think they are going to let it sit at 3.15 this long and just let everyone enjoy the ride to 3.50.
They got everyone thinking they are making a great trade and accumulating between 3.12 and 3.16, thats nothing unless you have 100k+ shares.
Shoot, I'm still looking at that 50 MA at 2.46 on the weekly chart as being a nice bottom of a future cup.
Don't forget after 2.40 we hit 1.70 and when Malone was buying at 2.54 we hit 2.36. Any weekly chart with RSI hitting 70+ has resulted in a 20c correction minimum. check out the chart linked above
heres another nice one
http://stockcharts.com/h-sc/ui?s=SIR...d=p52892623038
Nice chart. Thanks for sharing.