Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
AUDC reports after the bell today. Action the last 3 days have been very bullish prior to the report. XMSR showed a similar chart pattern and went up 20%+ over the next week. I can't wait until the bull returns back to the market!
Picking up more AUDC here at $11.04 eom..
AUDC Bollinger Band getting squeezed...big move comin and I'm hoping its taking me to the 20's....
No picture of you on the I-HUB site yet?
I'm hoping the break up here from this level is mighty and strong. Needs to start tomorrow...
Just wanted to say I've been a long time lurker of the RB site. Pleased that you finally joined our family at I-HUB. Keep up the great analysis!
Several threads I follow are proposing strong resistance at 2080 at the end of this month, then sideways to down during earnings announcements. I would think that the earnings annoncements actually propel us to 2300. What is your map looking like?
I'm suprised that AUDC is not on that list. They are number #1 on mine right now for VOIP.
And a tad more AUDC at $11.67. eom
AUDC had been kicking a$$ these last few weeks. I just added more to the core at $11.73 for a 3 day swing trade. I think it consolidates after that for a week.
By the way, anyone liking RHAT here?
FYI - I have a cousin that just got laid off from MSFT. Worked there 8 years. Her whole group got axed. I am also hiring for variuos postions within a company across the street from them, and I am seeing a lot of Microsoft veterans looking for work right now, especially the tech jobs being outsourced to India..
COTL hit today?
Zzzzzzzzzz.... We should have all slept in today.
NUTS you are.
Just bought AV at $15.81
SONSE chart looking like there may be some good news after the bell, IMHO. But what the hell do I know..lol!
Bought SONSE at $4.87 eom
AUDC looks real sweet. No resistance for another $1.50...
The rising RSI across many stocks without greater prices is a reason for concern. Tomorrow may be a good day to establish shorts.
Good luck. I feel the danger is being long. Exhuberance everywhere about catching this bottom. Keep an eye on CSCO and ORCL the coming days..
Taking the other side of your trade Zeev. Big down coming now...we shall see.
Zeev, does the rise in RSI across many stocks without price appreciation concern you. History of this suggests a good dump ahead (which could be confined to 2 days, depending on the severity of it)
LEXR, CSCO, SNDK, AUDC, etc. The list goes on..
FYI - RSI reading are trending higher across the board on many stocks I watch without price appreciation. This typically precludes large 2 day dumps. Be careful out there..
FYI - I don't mean to be negative, but IMHO we should have dumped for a couple days to get a sustained rally of two weeks. This is now looking like distribution this week, with a larger downfall the next two weeks after that. Keeping my swing trades boxed at the moment, but will be fully exposed on the short side by Wednesday. Hard market to trade..
FYI - ORCL chart looks sick and ready for a DUMPAROO. May weigh heavily on tech this week..
Still looking for large volume down the next two days.
Ended the day as expected. Expect 2 1/4 days of good down now to get everyone thinking we are going to 1700. 1840-1845 will be a good entry point for a 2 week bounce IMHO. Fool the masses starting on Monday..
GERN not looking well. Don't get shaken though. Expect a 2 day drop starting eod today or Monday.. Could be painful, but take a longer term perspective.
Boxed my AUDC long with a short of equal shares. Looking for low $8's before I switch over to a double long position. eom..
I bought AUDC today in anticipation of an upswing, but instead of selling it on weakness tomorrow, I will probably box it with a short sale of equal shares. What ever direction we go into tomorrow, will be confined to 3-5 days, then a larger turn the opposite direction. I was favoring up, and large down on the indexes, but since we still have two months until the next low, I am now leaning to down until mid week next week, up for two weeks, range bound until June expiration, and then large down.
No turn until tomorrow. Better to go golfing..
Added AUDC at $8.90. Swing trade for one week only. Expect $10.50 from this trade before final dump...
The other scenerio is that we are range bound between today's QQQ low and high tomorrow, with an aggressive dump starting on Friday.
I expect mild down tomorrow, and then possibly up for several weeks after that to get everyone excited. End of July low is still in effect.
This pullback had too much volume for it to go balistic upwards. It usually occurs on low volume, sneaky pullbacks.
Good luck all..
I'm still of the opinion that we have a dump ahead of us. Still looking for that QQQ of $33.20.
Anything under $8.00 for AUDC is gonna be a gift to hold for years. I won't swing trade it at that point. However, I think it's a lucrative short end of day today, early tomorrow. I expect them to take out the stops from the latest low, and press it another 5% for additional fear. I'm keeping my finger on the trigger. I don't care what the charts look like on the indexes if that happens.
FYI - charts are suggesting another leg down starting tomorrow. Target is QQQ $33.20. This should be a tradeable bounce for several weeks. I'm still leary about the 80 week cycle low coming up at the end of July. That 80 week low, however, does not need to be lower than this next leg down. It could be the retrench you are talking about back to the 300dma. I'm gonna give this until Tuesday next week, and then I'll start adding (once again) more longs aggressively.
AUDC - Volume is key, if down volume is over 400K at eod tomorrow, it's a safe long IMHO..
I expect a smack down on AUDC tomorrow to about $8.25. I will be adding for a week and a half swing trade if that happens to over $10. If it has any strength tomorrow, it's a short for 3-4 days. eom.
Man O' man NENG sucking wind lately. No confidence in non-EMC sales or what. GEEZ..
It's either this week or the end of July. And no that's not a typo. Second 80 week cycle low from the 4.5 year low may be coming around that time. I am cautiously optimistic here.. no margin buys..