Thanks for the hand......errrr.......fist........:thumbup:
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So, is this comfirmation day. The market seems to be tame PM. Maybe SIRI is setting up for a little upside.....
Another High/Low double top break.....low volume.
Attachment 626
Just in case we have some eager beavers wishing to take some profits at these levels, I decided to put some dry powder back to work, and have buy orders for 100K+ shares at various price points all the way down to 2.70. Just in case.
I moved this thread to the "Stock Talk" forum. Hopefully this doesn't throw anyone for a loop. I left a redirect in the main forum which will stick around for a week. No big deal, I'd just like to see the stock talk in a forum specific to the stock. Thanks guys.
Pandora is getting smashed in after hours. Thats always interesting.
A big white candle on heavy volume tomorrow would sure be welcomed tomorrow, but I sure don't expect it. I would expect a gap-up tomorrow morning though....since that is what SIRI does....if the bulls can hold it, then up we go. but the several tall upper shadows on the candles I mentioned on my prior chart gave signals that there was some selling pressure going on and SIRI succombed to it today.
the evening star yesterday was the final clue before the sell-off, especially after the 4 questionable gap-ups in a row on low volume each of the last 4 days. SIRI should find some support at the 2.72 level. However, if 2.72 is breached look for 2.65. if things get really ugly do to some macro event, the next stop could be 2.57.
As always, good luck trading.Attachment 627
"714 Views" and 5 votes.......:sleeping:
First let me confirm to you Pom Poms that I have voted. Sorry it took me so long. As regards my itchy buy trigger yesterday, after reading the first half of that book you recommended (Takky Stock Charts), I guess my confidence button lit up and allowed me to take a little risk. As it turns out, only 60K shares met my various buy points, and now I hope to see 2.70 or less to fill the others (all of that just before we take off toward $3.00 and above). It just didn't feel right with all this dry powder under my pillow, and watching what I hope to see as a positive surge. I've held some reserve powder in case we go chasing after that gap down around 2.52 or where ever that one is............ I see auto numbers are looking strong. Wonder if the market will react to that.
Pom Poms, hopefully this is a short response necessary. On this chart view on TOS how do I extend the right margin as you have done, so that i may add notations, etc.? I think I found it once, but now I must be blind. Thanks in advance.
EDIT: sorry, but I thought my question was posted as a direct resonse to a chart you posted a couple pages back.
Morning Folks. Man that LMCA beating hurt:whip:....I guess that's what I get for diversifing my SIRI investment.:mad:
those "V" patterns are what to watch for....they usually don't have enough consolidation to support a big move upAttachment 628
Sup guys. Glad to see some of you come to your senses and join a real website with credible information. When is the FCC going to make its decision regarding Liberty? The election is over and it's time to get back to business. Make a decision, will ya???