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If I see previous 5 day pattern that it clearly shown me that its loosing 1 penny tomorrow for sure intraday and going to be range bound till new cycle of upsurge starts . I think it goes down a little bit first which is a good buying opportunity because we still awaiting it's financial results today . Which are supposed to be grim this time
Please mind it that this stock is not guided with news and events mainly because insiders knows them already it's just following setups and pre planned catalysts . Its just following patterns/cycles of trading for now by institutions. Real big jump is expected once tech's get reseted and real positive effects of events gonna occur then which will be planned by them
That's why I said before too read this :-
Read this first 2 paragraphs for clear view on debt relief :-
IMF on board
The IMF's European director Poul Thomsen said he believed the measures would "deliver the necessary debt relief", though he cautioned that it was still up to the IMF board in Washington to determine whether to agree with his assessment. The extent of debt relief that would take place was still not clear, he said.
"It will deliver debt sustainability according to our standard criteria," Thomsen said, insisting that the IMF had not eased its insistence that it would lend more to Athens unless its European creditors ease its debt burden. "I do not see this as a weakening of the debt relief proposals," he said.
But he acknowledged that the Fund made a big concession by agreeing that the debt relief would only be finally decided in 2018, rather than up-front, as was the IMF's initial position.
Looks like things didn't work well for greece deal that's why rally is drying up
With volume reaching higher everyday to new figure , a big jump is inevitable . I think we are very close to see a big jump like other guy said 20% one day . Don't know which upcoming pending event is there which will cause that in coming week or so ??? Does anybody have any idea about that ???
Yes Master I found out that too because 4-traders is always ahead and quicker than others. Its good that Nbggy will move slowly-2 upwards with genuine upsurge otherwise it would show wild fluctuations which gonna hurt everyone . In this way there are more better chances of booking profits with more different trades at different intervals . Anyhow still there is a big chance of huge one jump when tech's reset and ready to boom then
Read this first 2 paragraphs for clear view on debt relief :-
IMF on board
The IMF's European director Poul Thomsen said he believed the measures would "deliver the necessary debt relief", though he cautioned that it was still up to the IMF board in Washington to determine whether to agree with his assessment. The extent of debt relief that would take place was still not clear, he said.
"It will deliver debt sustainability according to our standard criteria," Thomsen said, insisting that the IMF had not eased its insistence that it would lend more to Athens unless its European creditors ease its debt burden. "I do not see this as a weakening of the debt relief proposals," he said.
But he acknowledged that the Fund made a big concession by agreeing that the debt relief would only be finally decided in 2018, rather than up-front, as was the IMF's initial position.
It means I made a huge mistake in selling my extra stocks today . Gonna be very hurting for me to see missing my huge profits which I could have made tomorrow.
Ya in morning I woke up to grab special opportunity to book profits if I was able to get something and my kids are still small they gathered me and in confusion I placed a big order of 83000 stocks at .341 instead of entering .351 . Its all my bad though I should have stopped finalizing my trade but eventhough I kept extra 1000 stocks and got extra $580
Ya but 2 times it happened that I missed to book profit around $2500 . Instead of that I just booked about $600 twice . I'm very bad with it and kind of struggling so I'm thinking that I should give away this headache of short term trading soon . No point to carry on stupidity as I'm always a laggard in making decisions in short time
For Debt relief they'll take more time for the negotiations and probably they'll arrange some special meeting soon to finalize it as IMF is strict with that
IMO not now just wait till June 1 or 2 because events are planned I think and technicals get huge boost up after that too as per my analysis
Ya I had my major block of 58000 stocks and I usually trade 45000-84000 extra borrowed stocks for short term when I see the opportunity of fluctuations to make money . Even 2 cents fluctuation make my day . I like to buy on lower bands and sell on higher bands. And usually I can carry stocks till T+3 days
Ya you're absolutely right Master but as I knew earlier it should bounce back to .35 but I mistakenly entered .34 and it got sold around .345 so I lost $600 by now from my extra shares but still I'm holding my regular holding stocks till I see more than $1 here
Ohhh i was thinking of selling my extra shares around .35 but mistakenly I sold them around .345 ..... oops my bad . Again same thing happened to me and I lost more than half of the profit I was able to book . . Huge silly mistakes
Volume has to go up and it's just starting of the trading day . I strongly believe that with increasing volume there would be an intraday jump which offers a good trading opportunity ??
I don't believe some good news come out today , I think 7-10 needed to make it for a big jump . JMHO as per technicals too
That's why I was wondering why it kept falling behind the run in athens during the last 2 days of trading because it had to behave like this that's why . Now I think it's not going to fall 6% as it fell there in athens . So there should be a cushion during a today's fall ! My short term average is .334 should I book profits when it reach back around to .350 during intraday or not Master only if it reaches there ??
Ya Mierto you sound very right that's why I don't want to miss any chance to book extra profits this time rather loosing most out of it as I did a week ago , I lost my about 80% short term profits
Things looks very harsh for greece at this moment and very complex . May be there would be some unfavorable result pop out at tomorrow's meeting and then after various further negotiations and long Wait they would be able to settle for a nice balanced alternative solution for greece debt !
I strongly believe that there would no conclusion come out in tomorrow EU IMF meeting about clear debt relief for greece as other EU countries won't accept that immediately along with Brussels. .. so better to reap intial profit rather falling into trouble after . Its gonna be huge drama allover and lots of meetings gonna take place
Buy I'm hugely concerned about it as it costs $3650 to me .
What is news of BCE means ?? On 1-2 June ?? BCE ??
Only good thing was that today's volume was about 3-4 times the average daily volume but no clear breakout took place today in the area of pps ! Acting so rangebound may be the U.S market gave up its gain later on that's why ???
It was running about 5% higher in morning but instead of going up it fallen down to 3.7% now . In athens it rose about 6.80 % but today ??
It closed in athens around € .334 which is $ .374 . But we're closing about 2 pennies lower ! What's going on Master ? Something wrong is happening here
No Master the equation is changing now in last trading session it closed 1.5% lower and today it's closing about 3% lower than the percentage it rose in athens . I have no idea what is going on now?? Do you have any ??
Thank you very much Master for the info . So it means if somebody holding excessive stocks then it's still good to hold on till just few hours after Tuesday's market opening because effect of outcome of the meeting probably show after half time or around end time of market on Tuesday ??
Yeah Master that is happening what we expected from before .... but do you or anyone have idea about the Tuesday Bailout Meeting that when it's happening ????
Is it happening after our Tuesday's markets opening or before that ?? Have any idea then please share that ....Thanks
Same good news on other site than WSJ on fresh outcome they're bringing :-
http://www.ekathimerini.com/208889/article/ekathimerini/news/greek-mps-approve-multi-bill-paving-way-for-lenders-to-release-more-loans
Six months tech's about to get reset soon in coming days , let's see how pps behaves in upcoming news events ! May be it opens door for making new 6 months high ?
I think this will answer all of you guys curiosity on Sunday and Tuesday meetings of greece that how things are developing around :-
https://www.theguardian.com/business/2016/may/22/greece-euro-debt-crisis-imf-bearing-gifts
Seems like IMF is moulding things in wake of making greece step up against EU Stubborn techniques as they really want IMF's participaton in further release of bailout money
Volume in US is way too low as compared to Athens in proportion. .. looks weird .... should be lot more than usual
Huge volume in athens again after couple of drought days .... and it's still time left ..... going up still
Something is cooking ..... smells good
Looks like going to .40 this time which it missed before
Big Move............
It means you agree .... well I'm happy some big Gunn ready for that too .... wuw
It's $1 target till end of year
Looks like getting ready for a roller coaster ride and shoot like a rocket someday in days to come . Hope to see it about .55 - .66 soon