Status: Alive a/o September 2020
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Just a note.
Any close below today's close would be very bearish. If we can close above $0.103 we would have a bullish double bottom.
Eagle!
This has been common knowledge on this board for a long time. How is it that you have missed this?
Talk about peaking early!
You are correct, I was wrong.
This has changed since I was more involved in money management. It used to be a three day settlement and the claim could only be for trades that settled in the year claimed.
The world changes and I still listen to my 80s music and don't care.
Cheers!
To claim tax loss in this year, the trade has to settle this year.
The last day for tax loss selling in 2019 was December 27th.
One could sell for immediate settlement but that is very expensive.
I made no reference to any market trends.
"Breakthrough" in trade talks with China
https://twitter.com/Breaking911/status/1208520834811416578?s=20
I'm fifty- nine and retired a bit over seven years ago.
We near the end of of a pennant formation.
.
more info here.
I'll try to write something this weekend. Schedule is a bit hectic.
Another inside day.
That makes it difficult to say if we are range bound or not.
What? Who Would do that?
A brief note:
Inside day today with a third higher low on the day's range.
Eighth consecutive close above 200 DMA.
"beers on me..."
The last guy who said that had to declare bankruptcy!
A new update today. There's a lot going on so I hit the highlights.
Here you go.
Pretty impressive!
Why TF not? No reason we can't go up as fast as down!
The low liquidity in this stock can move it anywhere and FAST.
If you define the cup as 9/6 to 11/15, the yes, it fits the definition.
OK. I did a bit of an update. I thought it would be more but certain things have not yet developed.
HERE
Thanks and you are correct - either direction.
Looking for patterns to indicate direction but nothing yet. SOme are developing but nothing has confirmed yet. We can explore some potential scenarios but that will be speculation about a speculative stock - worse than flipping a coin.
Building on my last post regarding the pincer move on the Bollinger Band WIdth on the weekly chart. If we close tomorrow within the recent range, the BBW will be the narrowest in over 4 years. The huge decrease is due to the the week ending July 12th. Monday, that week will drop off the 20 WMA and the pincer should flatten out. A move should be expected within 1 month afterwards at any time.
If this is too confusing, I will update this weekend and again on Monday evening - if time permits. I am in the midst of several volunteer projects.
You're welcome!
Thanks!
Yep.
Most of us hold because we are optimistic that we will benefit from being stockholders.
There are some here who hold to feed their own self loathing - and we know who.
Yeah, it really can. I am optimistic though because the technicals are improving, we are still below long term resistance of ~ $0.13 (the long, thin, gray line), and there has been a slight increase in volume on bullish days.
A mention from Tesla might very well be the catalyst we need.
If we can close $0.11 on the daily, we may very well be in the midst of a nice double bottom. I won't bother calculating target until we see the setup. We will see.
Good fortune to you and all.
Update to last week's comment on Bollinger Band Width
https://stocktwits.com/r/LQMT
Please feel free to offer your own perspective
You do realize whose money he has burning through, right?
I sure hope this is the pop I have been waiting for.
Fingers crossed.
Breakout number 4 has not failed though it may appear to be.
This may very well be a case of "breakout, fall back to kiss 20 day moving average and resumption of original move".
If so, the initial target is $0.1042. Reaching that would be the first bullish technical move in years and could form other technical indicators (also bullish).
I'll update later, this weekend.
A little update
https://stocktwits.com/r/LQMT
Kind of a wait and see for a bit.
L. O. L.
Those are the initials.
WHen people post in riddles, the meaning is a joke.
This may be breakout number 4.
Will update in a couple of days.