Grinding
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In a truly bull movement, when there's a temporary downtrend, the longer the downtrend persists, the more steam builds for the boom.
Over the past month, I would say there has been plenty of steam building as we take this breather. Lets release the steam today! F the bears.
Bounced down off the negative trend line, lets bounce up off the MMA50 and show the bulls won't give up that easy.
You're a fan of every price counts right? I remember seeing you critique a video of Claytraders, saying he ignored a price because it was a split second, but that he shouldn't ignore
Well, a split second order broke the trend line..... I'm not going to ignore that.
Good news could be incoming.
Yeah especially since we're kissing the down trend resistance. 20 cents off.
About 60.57 breaks the down trend.
Agreed. Lmao.
Lets break that down trend line today. Oh, and lets break 3.70. Fuck it, lets have another HUGE day and break 4.00
dollar sub 97
Were you able to hop on my morning gap trade? Turned out huge. Check dead cats.
Stopped out. 200 shares bought at 84.40. out at 88.20.
760 profit on the trade. Done with my morning gap bounces.
Up to 89. Stop at 88.20
BLOX picked up before market open, So played CLVS. In at 84.40
Gonna try to do a quick flip with CLVS and BLOX
Half was buying half was selling. You can't sell without someone buying and vice versa.
Don't judge after hours prices. Mainly volume. Fishing orders get hit constantly pre market and after hours.
I'm sure those 3.50s were fishing orders and some peon waiting until the end of the day for his 3.60 sell order to hit, realized it wasn't, because the big dogs are greedy and won't help them like that, so last minute the peons all said fuck it and sold to the 3.50 fishing buy orders at the end of the day so they can guarantee those profits for the week. (My hunch being they may regret that decision. You can call the hunch biased, because I obviously want that to happen, but that hunch is off the volume and the gaps that uwti left on the fall to 3.00)
I've done this personally with DWTI cuz I'm scared to hold it overnight. I've waited till 3:59pm waiting for my limit to sell, and finally when it didn't, said fuck it, sold at market, took the profits, let the fishing order get their buy in, and I was satisfied with my profits.
Who said magical unicorns aren't real?
Yeah I have a feeling Sunday night is gonna be one of those nights where I wake up every hour or so and see it gapping up every time I check. Someone's gotta be buying the profit takers shares from Friday, and it was probably the big dogs preparing for the gap. They bought every share they could after hours as well after further inside confirmation.
That's my dream anyways haha.
But seriously, the after hours volume being 12X the normal after hours volume is a signal for me. Last time I noticed there was a 10M+ after hours volume, we went from 2.70 to 3.30 (this was back after the first bottom on the 3rd attempt to break 54 before the double bottom) so I'm glad I have my core shares from the second bottom like you. I'm ready for this!
Insane after hours volume. Expecting a gap up Monday it a big day Monday. Either way.
Awh can't stay above it :(
Next in line, 100 MMA
Broke below 50 MMA. If she doesn't break back above within 5 minutes, we'll just call that the final HOD
Still working. Wouldn't be surprised to see 3.65+ at this point. Even with all these profit takers. WTI back on the 50 mma now.
50 mma doing work all day
I expect this to hit 8 bucks come the end of the UWTI run next couple months. That's why I'm holding my $1.945 shares long and strong, and flipping on margin during the ride.
Gotta see how this reacts as it retraces back to the 50 mma.
yeah they've seemed that way for sure. I always have a core im holding onto as well for the one day that this shoots up 2 bucks. I don't want to miss that day/night.
I can see 3.60 breaking.
Honestly me too. I have no issue at all adding AMD shares, so I hope we go lower for my greed as well. :P
When i saw that 3 dollar wall, that's when I knew. I just regret getting greedy trying to fish for some $2.94s
Thanks Napling, I see what RB was referring to now. *FacePalm*
I'm even more jealous of your 2.96's from yesterday now. >.< Outshining my 3.11s/3.18s.
Still nothing on my 1.945s though! :P
Profit takers gonna regret what's coming!@
If we break above the "Lower Highs" trend today, I'll be so stoked.
I hope you're ready buddy. The walls a crumbling!
Ah makes sense. 100 % agree.
I go by charts. Was just answering his question. I'm a firm believer that you, I, and everyone on this board is a peon. And even though the news gets announced "live" at X time (rig report at 1:30 for example) we're still late to a news.
Basically I believe news is already factored in to the price..
Huge wall at 3.50.
If the bulls buy it out, wouldn't be surprised to get 3.54 or 3.55 and surpass your 3.52 mark.
But you're basically always right, so maybe only 3.52 >.<
Got my 3.49's.