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The news will come at the topo of the channel or the bottom not in the middle or it will be fluff news!!
I know how news releases work and I would be surprised if one came out tomorrow buty it doesn't matter to me because I'm not in yet. I not here to scalp!!
What are you looking to pay!!?
Buy on rumor sell on news isn't that what just happened dude the stock is down to .002 from .005 your telling me you didn't sell.. but if you know what to look for the chart was is perfect order is that just a fluke!! LOL
Dude your not getting it I have made no reference to the dow and pinks... I said, " pinks still have charts that tell the story!! Geezzze
There will be no news tomorrow don't worry!!
Go back to feb and March is that when you bought this stock
If they pop in some news it will go up but looking at the chart the trend is down thats all I know at this point. Most likely it will hit .002 tomorrow thats all I know right now!!
I follow short term TA when the chart says buy i buy when the chart says sell I sell. it's like math it doesn't change it's text book!!
No thats not what i said but when I bought Ford at a Dollar the and it started to turn so did the DOW... get it!! Pinks have charts to and they still tell the truth just like SSWC's chart did..everything was in line...get it!!
good for you!!
good for you!!
HUH!!!??
Dude I am a chart guy but I'm always looking to learn more just like life!! Send the my way so they can show me something on thsi chart that would tell me to buy... I haven't said this run is done long term but short term it is... right now.. I want in but not until I'm told by the chart not some dude on IHUB
I trade both when the setup is there but we trades sub pinks because of the % gains in a very short time but they still have the same indicators
HUH??
It's not my thought process it's TA textbook, every chartest looks at the same chart with the same TA
Chart is a chart BB or Pinks you just have to know what to look for and if it's not there you walk away!!!
always willing to learn!!
I play both!! but where can you put it $1000.00 and pull out 5000.00 in 3 days in a BB stock except for 2 years ago which is gone and will never happen in our lifetime again!!
First myself and anyone that is willing to learn!!
I stay away from Pharm's they are to news based and POP and drop like crazy!! Sometimes you find one with a heathy chart but news is in the hands of the Ceo's team. I can show you many example of bios that ran big but the charts were lined up...and they had strong trials and FDA
It will be interesting to see.. chart stil has some good points!!
Bottom's are the hardest plays to catch I don't waist my time!! Where were you for the last 2 years!? The best way to catch bottoms is to catch them off the lower Bollie and over sold indicators such as the -DI and the stock RSI pinching
News is released when the CEO or promotors feel it to be the right time.. they already have the future releases in their hands waiting to insert it at the right time thats how it works its timed do you think their stupid... How many bigboard stocks bottom out get accumulated and boom they release a huge piece of news when they have enough shares... weren't you around the last two years.. I traded my way through it and learned that the chart keeps me safe not the CEO"S
If SSWC's chart can hold up through this sell off.. if that +DI can stay above the -DI through the consolidation and that 5 day doesn't drop below the 10 day it should be okay.. we will see what happens. I'm looking and watching for my answers I don't care what the CEO says or what the board says If have some insight to the chart I am ready to listen but don't try to pour me kool-aid unless it's suger free!! And for news they have all the news releases in their hands, they put them out when they feel it fit...I know how this game works and I'm here to help if i can.
I don't even look at the RSI I look at the stochRSI very Different
Of course it is but it alL starts off with indicators and when they line up the MOMO traders jump in.. the insiders and MM"S have be in long before buying it up creating those indicators to come into play. The smart money is loading long before the TA comes into play look at both SSWC $ STHG. STHG was more to the true Chart play. It set up perfectly in May huge volume with no movement and the 5 10 20 cross with the +di surging perfect setup for that play... it has nothing to do with whaT THE pos COMPANY SAYS OR DOES!!
I'm not trying to win anything I'm a TA person because it's the only way to trade. Show me another way. When this stock is ready to move which will not be too soon I hope I'm there this time until that time this is a free form and I wil offer my 2 cents. It's ...JMHO
Where do you come up with these profound statements.. the stock goes up when the chart says so, except for a bounce play which I don't like, show me a chart that ran big without all the TA backing it and I wil go back to school.
I'm not bad on SSWC It's just not going up from here...says the chart and if I'm wrong i will be a man and say i was wrong but it's not me that is giving me the answers I need.
How do explain STHG and SSWC perfect chart plays perfect divergence and trading never a big volume sell off befroe the and during the runs... well SSWC is done but "none the less" it was a perfect chart pump execution on the MM's and CEO. If you think they just went up because they just went up and of course Mr R.Maker you had no idea of the chart set up did you. Charts don't lie they are everything and this one just may turn, still young and the chart still looks okay I just don't like the big volume sell off just JMO!!
Such a beautiful play did catch the second half... but sold today. I think you will see more tomorrow most likely a exhaustion gap to finish the run.
Been watching this one after the pop but didn't buy it, for one main reason the huge selloff volume... not good!!! On the chart it was a nice low volume accumulation prior to the pop with the divergence setting up nicely on the 5 10 20 day. and the ADX cross. This is a short term trade setup meaning anywhere from 1 to 2 to 3 days and sometimes longer. I will watch closely but don't care for it until I figure out why the major volume dump today!!
So if you still own this stock which if you were smart you would have unloaded days ago with some hefty profits. The chart is text book at this time with more to the downside to come, most likely .0017ish without news. The positive divergence is now negative. For the many that have know idea what that means it's simple all indicators are falling into the downtrend. First and foremost on the exit you will see the D-Top which is a clear sell sign before the chart starts to break down. That happened!! Usually with a D-top it is the end of a run, meaning it is the end, not a pull back but the very end, until the stock re-groups and the MM's have cleaned out all the bagholders and are ready to run it again. This will head lower and stay down for a month or so until the volume dries up and MM's have all they need to let her go again, most likely with some news on the way so look at a month or two from here. STHG is a great chart to look at to see what happens when the divergence continues to the upside, small pull back usually 1 to 2 days then boom with volume they take her up, this did not happen due to the D-top. Look for matched trades and small trades to detect dilution thats how they do it. The 50% rule another thing to look at and of course it went below the 50% drop another sign that says this run is done for now. The stock RSI is what you look at for entry and when it drops into the dark zone thats when you should look at buying it again if in fact the divergence 5 10 20 day lines up. The CMF is clearly saying people are getting out of this stock. Today was just a bounce and a deadcat at that. From .0022 to .0032 not bad for a daytrade throw in 2 g's and pull out 3 good for 800 bucks for the day and thats what happened it was the last trade for this stock and it was a day trade. Any one that is telling you their buying RAINMAKER ETC they are pouring Kool-aid!!
If I were to have a buy it would be at the gap... which was a breakout gap. at around .0017!! Just practicing my chart skills right now!!
Wouldn't touch it right now!! Not quiet enough!! LOL
STOCK RSI dropping below 50 hence the selling trend now in reversal look to see if it holds the .0022 if not drop below the .002 and may hit the 20 day which would indicate run is dead!!
look for more of that as bagholders start to take their losses... selling not over yet
All that was today was a bounce off the 10 day and a two day drop. Chart is breaking down right now. Look for it to hold the 10 day!! No buying pressure and all the traders have left the building just the believers now!!