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SLV Chart getting interesting. The $21.00 November Calls at $1.30 seem like a 'sure bet' for a double at the bare minimum.
Still, the metals charts are typically always a gamble.
From the CHART, it sure looks like we could see $24.00 slv within the next month. If that's the case, those options would be 2-3x the value easy.
I'm too 'chicken' to buy 100 Calls at $1.30 ($13K) for the gamble. Probably be kicking myself in a week when they are a double...
This market is setting up for a good -400 pt loss day at least once over the next 10 days in my opinion. An "Agreement" will miraculously be reached most likely on the 17th...
Short term could get ugly IMO. Being very cautious over the next 10 days especially.
1M+ volume in 1 hour! .58s almost hit. Funny thing is, we're only up 8% right now!!
.57s should offer a bit more resistance since it has been a pretty good resistance area for a bit. Break that with conviction and .59s will come in no time. Break that and who knows where this runs.
RSI only 62. I will take some off the table around 70 RSI.
$.566 struck on SSN! Man those $0.50s are looking sweet right now!! Great start guys!
Yes, I really think once this news circulates we may have a mid $0.60s close here on SSN.
345,000 traded in 10 minutes!!
Great Start! Now let's churn the $0.55s range for a little before attacking $0.57-.59 in a bit!!
Or we can keep flying...whatever. Sellers are drying up big time. We all know how this can explode with that .59 BREAK!!
SSN $0.55s!!! BREAK $0.57-$0.59!!!
SSN Breaks the 50 Day Moving Average at $0.53! Next target $0.57-$0.59 and then we can possibly have a repeat of the Late July run!! $0.51-$0.95 in 3 days!!!
SSN $0.53 - I think the combination of the charts, both short and long term, and the positive news that continues to be released will send this towards $1.00 in the near term. I was thinking we'd hit high $0.60's, low $0.70s on this move, but I really think this may have legs to get to $1.00.
I'm holding strong and will enjoy this upcoming move!
SSN Great News Update Released!!! Run begins tomorrow! Break $0.59 and things really get interesting!!!
http://finance.yahoo.com/news/samson-oil-gas-operational-advisory-003000267.html;_ylt=A2KJjb2dd1NSxiAALCOTmYlQ;_ylu=X3oDMTBmYnBhcGw4BHNlYwNzYwRjb2xvA3NwMg--
SSN has $0.70s-.80s in it next week IMO with a $0.59 break. Best of luck!
Wow! SSN $0.53s being hit! Get ready Orions!!
Nice job. You should be up $500.00 on that in a day or so. I'm really thinking this breaks out into the $0.60s-$0.70s next week (perhaps this week, but I never like to jump the gun). Last run ran into the $0.90s and the chart is actually set up MUCH better than that. This could have $1.00 in it shortly. We shall see!
Nice buy!
AF - take the rest of those $0.52s on SSN. I see this breaking out above $0.60 later this week.
SSN eating up 150K on the asks! $0.52s almost gone!!
SSN Yes, I assume we'll churn through the asks up to .52 again throughout the end of the day. Today is the first day the MACD crossed into positive territory on the daily. Tomorrow should bust through $0.53 and head towards $0.57.
SSN huge buying coming in!! Get ready!!
A lot of traders will be waiting for the $0.53 break, but I wanted to get in early on this. Chart was setting up nicely on Friday.
$SSN
SSN will be hot this week. I am loaded in at $0.50, but believe the REAL large pop happens with the $0.57 break!
Orions, SSN .50 Loading Zone!!
OT: Received your email and done. Let's have a great week!
Stocks I have loaded for next week: SSN, OCZ, LEDS, and GURE, and the Boston Red Sox
I expect a big breakout from SSN throughout the week. If $0.58 breaks, all bets are off and this is heading back to recent highs.
OCZ is a semi-gamble, but I do like the chart, as well as potential buy out rumors. Have 20,000 at $1.44 average. Looking for a break next week as well, but I do believe they need to release past q reports on Monday.
Agree, at that moment I will jump in with both fists on the miners.
Once this 71K offer is removed on SSN at .501 I think it challenges day highs again.
Less than 2 Hours til Sox
Get ready to buy SSN on the gap fill. Just got another 10K at .501.
SSN Nice offer at .505 with 75K. Again, I believe this play is for next week. Today is for the early birds. I continue to add in all accounts.
SSN .51 just getting started. Next week volume is going to pour into this. Especially with a $0.53 break and $0.58 break!
I've been loading all day in every account I own. :)
Adding 10K bid at $0.501 on SSN. :) I'll keep adding these prices all day. :)
Up to 43,000 now purchased, going for another 10k.
Adding the .501s on SSN. 8000 more to give me 43,000. Still could see the .49 hit, but again...This is a play for next week.
SSN will be the talk of the board next week with these charts setting up. For a perfect day we'd see a $0.53 close, break the $0.58 Monday and off to the races again!!
Let's see how today plays out. May be a day early, but in any case, next week it breaks out from these levels.
MACD crossed into positive territory today.
Could retrace to fill the gap at .49, but I'm fine with that. I just wanted those shares. This is a buy for next week. Chart looks great and should really pop next week. Looking for that $0.58 break to send it roaring.
In 35,000 SSN for next week.
SSN alert. MACD cross will happen. .53 break could be huge (especially .58 break)
Glad you went with GSS over BAA short term.