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Nevermind, I just noticed it failed to break out from the right shoulder, but is still maintaining the ascending triangle (?)
GLUU - I like how it's setting up. I looked at some of your old charts and noticed a similar inverted head and shoulders. Is that what you plan on using as your target from the breakout?
lol love that video!
Thanks for the response. I've always been a firm believer of the "find a way" mentality. What rate were you in the Navy? CT?
Futures up big! Should be a good day :) Happy New Years, all.
http://www.finviz.com/futures.ashx
Happy New Years, bro! Good luck in 2012!
That's my plan... if the long term downtrend isn't broken today - which it doesn't appear it's going to be - I'll look to dip my toes in somewhere in the .60's.
That only applies if you're a day trader. If you swing trade on fundamentals, averaging down isn't a horrible idea. So long as you have an exit plan....
If you don't mind me asking, do you have an educational background in trading, or has all your knowledge come purely from experience?
TEMN
Is anyone watching this one? Pretty flat lined and there's chatter of a possible reverse merger in 2012.
Possible cup & handle? Does the time frame fit?
Geez... Over a year here and I just now see that. I've been wanting to keep a lot of his posts for review. Thanks :)
Thanks again, Lowtrade. This is by far the most information board on iHub.
No rush. I would just put the order in and GTC (good until canceled) and I'm sure it'll fill eventually.
lol It's funny how people are still allowed to buy stock in this POS. I sunk a little bit of money into this, knowing I could lose all or most of it. And, I've done just that :)
Whoops. Just read you weren't posting one. Thanks for all the info! I love reading this board.
I definitely look forward to a video!
Haven't been keeping up with BPAX. I know they didn't reach the endpoints, which caused the dump, but the PDUFA is still on?
Really liking the chart. Thanks!
I'm no charting "expert," but I'd say yes, and if the volume keeps (turns) up you could break that ~$17 area of resistance. MO of course.
Where's the like button on this post?
Ahhhhhhh market went the other way. Covered for a short loss.
Yeah, bought a significantly bigger position last week, sold on Monday for a nice gain. I was going to hold, but expected the market to crap out sometime later in the week, as it did today. So glad I didn't get bit.
Shorted some CRIS. Looking to get that gap filled. Around $200K (52903 Shares) dumped at the close.
Meh. Out with a small gain.
ALXA crapped its diaper. Picked some up for a quick bouncer.
Got out even. The market's really not liking Bios as of late.
Amount of clutter and non-sense today is ridiculous.
TAT - Picked some up the other day at 1.26 and then more at 1.22. Happy so far :)
PEIX - Was thinking it might try to close that gap earlier, but looks like it may on the next retrace? What do you think?
FEED - Looks like it's heating up.
TAT 552,997 buy at the close. Wow.
That's a sexy chart.
5.5 year moving average?
You're pretty nimble for an old man
Looks like BWEN's about to break the long term resistance.
The red days following the gap scared me out. Oh well. DEXO's working out :)