chilling at support
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You know what frustrates me? Ihub and that annoying ass pop-up. Only reason I still post on this mo-fo is because my membership doesn't expire until:
Account Level: IH 3-year Premium
Subscription Expires: 03/13/2015 12:53:54 AM
LOL. Fix this trash for paying members. Pay for shit and still get punked by ads. Stupid.
grabbed some mid 1.40s eod for gapper monday.
Thx Ken. I was surprised and honored to get a shout out from Nate.
Careful with it... I think it may need a day or 2 to settle. They were selling hard EOD today. I'm short biased on any strong AM move for short-term. May keep climbing but pretty much been straight up since .94
FFHL sick fade. Stalking LOTE for AM tomorrow most likely. See how it trades out EOD.
Eyeing LOTE
FFHL snap. took half off $1.80 will be patient on rest.
FFHL today's low float turd du jour. Started in just over $2.
Still waiting on the $5 dolla holla
NVIV after about 5 fake breaks, looks like reversal is finally here. Charts like this are what I look for. Lost a few ticks on some failed bounces, but when you nail the bottom, sucker pays well. Let's see what happens tomorrow and the rest of the week.
big vol, nice green engulfing hammer, lots of room to run should this hold this reversal pattern.
Re-bought EOD Friday. Should continue to march towards $4 next week.
looking real nice. Should turn into $4 magnet with this HOD break that is about to happen.
thx bud. Wished they'd gapped it for final blow-off move but profits are profits.
TRTC
TRTC
Can speak from experience not a good idea. Odds aren't in your favor... even if you are great trader. Just not worth the risk to play large on their plays. Some people can do it, but with big skin in the game, if you not familiar too easy to get smoked. Gotta be 1 step ahead, and even then it's often not enough.
Too many people know the game now, so let them scalp and risk getting crushed. Better to wait until they support and buy when everyone has moved on.
Reason I say that is because everyone is spooked on day 1 and it's easy to be on the wrong side... If you wait for it to turn to sell, you're fucked. That first, second or third dip doesn't hold and all of a sudden you'll see prints go off below bid, etc. At that point you are at the mercy of your broker and that's not a good place to be if/when panic sets in.
all imo....
$2.00-$2.25 is not outta the question on a dead cat
MINE... great call by you. For those who aren't aware georgie18 told several of his friends and this board about the chart pattern forming in the triple 0's... Superb read by you my friend... wow is all I can say... impressive.
PCXCQ.. took a bunch off today around .24 into the morning strength and re-added that plus some at .20. Sitting on .205 average now and will continue to trade around this core until the chart firms up. If it moves .23-.25 in the morning will take most off and just re-eval. I'm thinking commons will jacked in the end, so the big pump was an exit plan. Turd was just 2 ticks from closing green today...
Dude I had no idea it came all the way back after yesterday's sell-off. Huge move off bottom, that's for sure. Pretty rare for their junk to make moves like that. FARE was the only one I recall that made over 100% off bottom after promo end.
PCXCQ... per plan I added .21 and now sitting on .23 average. Have to say although, I was prepared to add to this level, I'm perplexed it hasn't been able to reverse yet. May have to admit defeat on this one. Couple bash articles came out, but figured chart could overcome those negative sentiments. Chart is parked right at rock solid support so I'll give it another day or 2 to shape up or I'm cutting loose. When/IF it does turn, it should be quick... we'll see...
Will say I don't like the trading, but this is not a normal trading stock, they are very good at doing the opposite of what you think should happen...
BRND nice inch through .0033 resistance
lol I can understand that completely. Just checking in w/you hadn't seen you post in a few days.
NVIV sick
NVIV long at open
NVIV vaulted to top watcher... market not liking PR... Big bounce radar
thx georgie...
NVIV we may get another trade opp... gapping down huge pre-market.
And yet we ended up higher after both. Crazy
[trade re-cap] EXPU
Loved this setup just didn't watch. Big 50% haircut on friday and pushed the stock down to levels only seen 2 times in the past 6 months. So idea was accum the dip and wait for re-bound. Sometimes these things happen quickly, and with others they make you wait or it never happens.
Nevertheless, the stock grabbed a trend and engulfed the majority of the previous day's action. Important thing to note is the prior lows. This coulda taken way longer to bounce, but anyone who snagged near .001 banked nicely. Can't always time this stuff, just have throw a line out and hope for the best.
[trade re-cap] NVIV
This one was posted over the weekend and the idea was a gap-down and re-test of today's lows. Well that's pretty much exactly what we got. Problem was no fill for me before it immediately reversed back up and broke $3. Thing about this stock is it's thin, so if you are going to fill you have to be there already. Truthfully I was thinking a move to 2.50s before rebound.
Check the prior chart history and you'll see $2.50 was a big area of interest... That is appealing for the bounce. It was a big breakout area and now should provide support. Mis-played on my part, but the idea was solid in terms or risk/reward. Almost $1 upside for bottom prints by lunch time today... not too shabby.
[trade re-cap] LQMT
We alerted this bounce trade way early. It was trading at .118 when this was posted. I bought with anticipation of a 50 ma test. The buy was early, but that's OK, room was left to add should the 200 day test came into play at .10. Stock immediately rebounded and made a nice move back up to the highs (sign of strength). Took a little over a week, but we got .20 prints today. Nice easy, low risk swing with key indicators that everyone uses for support/resistance came into play. This is the definition of a layup trade if there ever was one. Iphone rumors, pending new phone launch, etc... easy, easy, call.
Another important thing to note is the prior low on the dip near 7/20... Note that level and also the level of the 50 day SMA when the bounce happened. That is a bread and butter technique I like to look for. Sync a prior low with a major MA and you have a great target to work with... What we do is more about limiting risk with entries and setting yourself up for maximum gain from that entry...