ROLLING STOCK OPPORTUNITIES

[JohnCM]

TESLA!!!!!!!!!!!!

[JohnCM]

TSLA

30 point swings?

[JohnCM]

VRX

Rolling stock play. Using RSI(14) number? I set up a Rolling Stock discussion board awhile ago. I am going to revive it.

If you bought VRX long, you would be crushed time and time again. If you "rolled" Valeant, I think you could do well.

Buy, sell, buy, sell.

Good volatility and the stock can move easily.

Thoughts?

[JohnCM]

I would like to get this going again.

[JohnCM]

You know what, this is a great way to make coin and I kinda forgot about it.







I have a small pet peeve.

There are boards on IHUB "blue sky breakout" "momentum players" "bottom plays" "breakout stocks" "chart reversals", etc.

I like going to these sites to see which stocks are experiencing this type of stock action.

But normally, all are see are "stock picks".

[JohnCM]

Technical Trading: Cheat Sheet For Gold Day Traders, Swing Traders and Investors

Tuesday January 19, 2016 09:35
(Kitco News)

Gold prices slipped moderately lower Tuesday morning as oil prices surged back above the $30 per barrel mark. The U.S. dollar index is moderately firmer and global stocks have rallied on the heels of Chinese growth data that was weak, but not as dire as some analysts had expected. Data released overnight revealed that the Chinese economy grew at 6.9% in 2015.

For traders looking for key points to mark out for potential gold opportunities, here's a quick look at what you need to know now.

Very short-term range: The gold market has settled into a choppy, consolidative trade in recent sessions, with nearby technical chart support seen at the January 14 daily low at $1,071.10 and nearby resistance at $1,113.10, the January 8 daily high. In the very short-term, gold has settled into a consolidative range in between those points and action within that range can be dismissed as "noise." This is the range for day traders to monitor.

Bulls control near term trend: A minor uptrend pattern is still evident on the daily chart off the December 3 low and minor bottom at $1,045.40, which keeps the bulls in charge of the near-term trend. A minor series of rising higher daily lows is seen with the Dec. 17 low, the Dec. 31 low and then the Jan. 14 low. As long as the most recent swing low at $1,071.10 holds firm, the minor uptrend pattern will remain intact. This is the trend for swing traders to monitor.

What else do traders need to know?

Not a lot of enthusiasm right now: Current moment readings are fairly lackluster, near neutral. The 14-day relative strength index is around 53% in early trading Tuesday, near the neutral 50% zone. Bottom line? Gold is vulnerable to additional near-term consolidation.

What does this trading environment mean for day traders, swing traders and long-term investors? Let's take a look:

Day traders: Be nimble and quick. Use tight stops. The very short-term trend outlook is choppy, and consolidative between support at $1,071.10 and resistance at $1,113.10. It would take a rally above $1,113.10 to reignite bullish momentum and enthusiasm for a fresh trend move. Intraday conditions are trendless. Be choosey about trading in this environment.

Swing traders: Watch resistance at Point A and support at Point B closely. A renewed rally and close above Point A would open the door to a fresh rally move, with the 200-day moving average line as a bullish target. Declines under support would trigger a bearish near-term trend signal and open the door for a retreat toward the next swing low at $1,056.50, the Dec. 31 low.

Long-term investors: What is your long-term investment plan? Are you looking to add to a long-term metals position? Buying on dips is a good strategy. The bulls are in control and the risk is that more gains are ahead. Long-term traders may want to consider the recent low at $1,045.40 could mark out not only a near-term bottom, but could become a more significant low. Plan your strategy and follow-through on your buying spots.

[JohnCM]

[herplacebytheriver]

Yes,Yugo was the only hand made car,except Rollce Rollce

[Deep Space]

Lol It's probably a dated metaphor but it made a impression.Hard to say my worse car? I bought a rx7 for 1,200 that went on to smell of stale beer,or maybe a old Honda Accord that had a plastic window:)

Yugo was a sight!

[herplacebytheriver]

I cant believe you are mentioning "yugo".That made me laugh .
Actualy ,when I was young I was so happy when bought it.That was 32 years ago in ex-Yugoslavia.
Is the car that is out of production for probably 15-20 years still a metaphor in USA?

[JohnCM]

Sold PLSB $0.10
will Buy back at $0.08

Bought USLV $9.75
will Sell at $11.00

I wish I had some dry powder to purchase a few miners today. They are all getting whacked pretty hard.

[Deep Space]

Ok,Right On.He he flipper he he!

[JohnCM]

If I do not produce enough "sells", I will have to tighten up the channel.

[Deep Space]

Any direction can be tough.I can see that being a good strategy.I like Jesse Livermores thoughts on rising prices.I like the speculation and want a reason to sell when my stock is going up as well as down.It may not work on every target and plan but it may,I don't know yet.I own kgc and if it reaches support and doesn't have rising gold I will sell it.I will Definitely sell it if it goes lower than sell target.A little yen and yang! I am still working on my strategy for sure.

[JohnCM]

Very difficult to sell when a stock is moving higher. I am just looking for 10 to 20 percent per trade. Could always use a new stock to roll.

[Deep Space]

Cool.Sell targets are my Achilles heal.Best to you on this J

[JohnCM]

USLV sell point triggered.

[JohnCM]

I am trying a strategy for awhile that will change my investing habits. Anyone who is interested in the performance can do so with my posted buy and sell points. These are all predetermined.

[Deep Space]

Good thing your patient because I don't know what your saying:)

I was referring to Posting entries and exits? Not competition.

I like your rules.Keep the picks rolling!

[JohnCM]

I will track this investment strategy either for the forseeable future,

or until I detrrmine it is flawed.

I am helped by a number of things ...

#1. I look to buy at the bottom of the chart. I do not chase and I wait for the price

to come to me, if it ever does.

#2. I take profits. I sell at the top of the chart and I am patient.

Can't wait until the end of the month to assess.

[Deep Space]

I forgot to mention I just got named Professor of Law for my household.Tenor Ship baby

You ever wonder why a community college law professor doesn't practice law or drives a yugo?:)


Make it last- Montrose

[Deep Space]

JohnCM,I like how you trade and respect those that call buys and sells,however it cant work for me.You didn't ask but I am glad You started a board and wanted to say what I was reading.?

Steve Burns is a trader who helps new traders and I was following him on twitter and he got into a discussion with another trader how he should be saying his buy and sells.Steve simply said the reasons are too many for not doing it.He also respects those that do but it is not how he trades or stays honest.I think its about ones emotional and psychological preference and abilities.I think its fascinating on who does and doesn't and we always bounce into each other.I guess on a blog it would appear the person who Doesn't announce his buy and sells would seem it is just more about entertainment but unless we have a logo by our names or work for a brokerage that is all it is anyways,opinions.

I would find myself defending More or More emotional if I call my exact entries and exits.Not as deception.

and I just might do it anyways!:) or not,or:)

Rolling Stocks? APPG!:)

https://www.newtraderu.com/

[JohnCM]

UWTI price triggered

purchase at $3.15

[JohnCM]

CDE price target triggered.

[JohnCM]

Filled buy APPG

APPG order in to buy $0.0006

[JohnCM]

Filled buy SLNN

SLNN order to buy at $0.0006

[JohnCM]

APPG order in to buy $0.0006

[JohnCM]

[JohnCM]

SLNN order to buy at $0.0006

[Deep Space]

Early board mark JohnCM.

Rolling Stock Opportunities.Nice

[JohnCM]

I have a handful of stocks I am working with. If I run out of ideas I might have to dig a little deeper. I have used tools before to look for breakout stocks in the 0.10 to 0.50 range.

[stocktrotter]

John are you set up to scan the NAS, DOW and OTC for potential rolling op setups?

[JohnCM]

Information culled from http://www.myrollingstocks.com/us-rolling-stocks/

US Rolling Stocks

"Stocks which go up and down between two set predictable price points. Below is an example ...

List of US Rolling Stocks

Stock Symbol Company Name Support Resistance Options
PRAA Portfolio Recovery Associates $42 $50 Yes
POZN Pozen $5.50 $7.30 Yes
STST Argon St. Inc $17.75 $21.50 Yes

Charts of Rolling Stocks – the charts show the stocks rolling over a 6 month time period

Three green arrows line up vertically – signals a buying opportunity



Support – This signals the buying price of the stock

Resistance – This is an indication of the selling price, if you already own the stock

Options – This tells us if the stocks has Options available

Red Line – Simple 30 day moving average

Blue Histogram - The MACD (Moving Average Convergence Divergence) is used to determine the strength of a trend

Green Line – Stochastics is technical momentum indicator that compares a security's closing price to its price range over a given time period.

How to use the chart (Buying a Stock)– Looking at the table above will display the support and resistance levels of the stock – one way to determine where to buy the stock is by buying at or close to the support (in this case $42). Because the support and resistance levels are not always clear cut and defined, another way to determine where to buy the stock (entry point) is by looking at the green arrows that form when the three indicators signal a buying opportunity (the three green arrows will line up vertically).

Three red arrows line up vertically – signals a selling opportunity



How to use the chart (Selling a Stock)– Looking at the table above will display the support and resistance levels of the stock – one way to determine where to sell the stock is by selling at or close to the resistance (in this case $42). Because the support and resistance levels are not always clear cut and defined, another way to determine where to sell the stock (exit point) is by looking at the red arrows that form when the three indicators signal a selling opportunity (the three red arrows will line up vertically).

The indicators are the MACD and the Stochastics. The MACD (Moving Average Convergence Divergence) was developed by Gerald Appel, and is used to determine the strength of a trend.

The MACD is constructed with two simple moving averages and one exponential moving average. The two moving averages, usually an 8-day and a 17-day, are compared to find the difference between the two. A smoothing factor is applied to the difference between the two moving averages by taking a 9-day moving average of the difference. The difference and the smoothed difference are then plotted as lines or a histogram (or both).

The Stochastics is an indicator that measures the relationship between a stock’s closing price and its price range over a predetermined period of time.

Another example – Can you pick the Support and Resistance levels on this chart? (without looking at the table above)



If you picked $17.75 as the support and $21.50 as the resistance, you would be in the right ballpark. Picking the support and resistance levels is not an exact science – so we use the indicators (green arrows and red arrows) to help us make that buying or selling decision."

[JohnCM]

Although I like CDE as a long, currently trading around a position $2.39 to $2.69

[JohnCM]

Placed order to sell 1,000 shares at $0.10

[JohnCM]

Buy $2.39 and sell $2.69

[stocktrotter]

Hey John, it looks like you have a higher probability trading system here! I like CDE as Rolling Stock OP (currently own shares) and think it's an easy sell at $2.62 from here. I might even add more to my position if it drops some more this week. GL2U

[JohnCM]

Under consideration.

AG

Buy $3.00 and sell $3.60 for a gain of 17 percent.

Good miner. Follows Silver's volatility.



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119571070

[JohnCM]

Order placed to sell 1,000 shares at $2.69

[JohnCM]

Placed order to sell 500,000 shares at $0.0008

[JohnCM]

[JohnCM]

Order placed to sell 200 shares at $11.00

[JohnCM]

Placed order buy UWTI @ $3.55

Attempt to gain 16 percent in one week after purchase.

Your order is to Buy 150 Shares of UWTI with a Limit Order (Good 'til Cancelled) at $3.55 has been submitted. This order will expire on 07/01/2016 at 4:00 PM ET.

[JohnCM]

[JohnCM]

[JohnCM]

[JohnCM]

[JohnCM]