Home Depot (HD) on watch DAILY CHART

RSI is in an uptrend on the daily chart about to break above 50

MACD in an uptrend making higher lows... currently below the signal line(will be looking for a change in direction and to cross over again)

CMF in an uptrend

Price sitting on the 50sma with the 200sma close behind for support, making higher highs since late April... last couple of days the price has taken a beating... will be watching to see if it can muster up the strength for a bounce.


I am paper trading right now getting my strategies in order. Thought I would share for others.

Nice close above the resistance with the MACD crossing the signal and RSI pushing its way into momo zone

todays candlestick shows indecision, with yet another bounce off of resistance @10.25... if it can break above this level and hold/close then it should be good for upward movement..

a lot of indecision right now... I would wait bullish/bearish confirmation before I got in....

Works for them all :)

I would say that fundamental analysis could work with any company. To me when you are looking at a company's fundamentals instead of just a chart then you are looking to invest in the long term growth of the company and the day to day, even the week to week price action should not concern you.

IF I were to ever invest in something fundamentally it would be a long term investment where I think the company could do some good stuff in 5-10 years.

To be quite honest when you are day trading and looking at charts then the only thing you know about the company is the ticker symbol... you could care less about the "fundamentals" because the price and the movement of the stock is supposed to reflect ALL information known of the company, public and private. Thats why when you see above average volume for no reason on a stock then all of the sudden you see it get pumped, or a PR come out, or a good SEC filing its because the information always leaks out....

FOLLOW THE MONEY!

Me personally I would wait to see if the pps can break this resistance. If it can not then I would wait for a pull back...

If it does pull back I would look for a bounce off of the 200sma...

full disclosure: I have NO position in MSLP, nor will I be taking one. I am just looking at a bunch of charts and I always look at MSLP when I practice my charting.. there are a lot of knowledgeable people in here that could give you a fundamental analysis.

The price is currently sitting at a resistance level. A break above a pps of 10.25 would be a break above the resistance level and could signal another small run.

If the pps can not break this resistance then it could fall back down and bounce off the 200sma again.

looking at a 3 month chart with daily candles it looks like some consolidation/sideways trading after the gap up from early May.. Do you blame people for taking their profits???

Hopefully the 50sma can cross the 200sma and make a golden cross... if that happens I suspect it will hit peoples radars and some good volume should follow..

today's doji candle shows there is still some selling pressure.... tomorrows candle should show where the price is headed. There are some small support levels between the current price and the 200sma... going to need some volume to break out..

just my 2 cents... still learning :)

COMBAT CRUNCH???? I just saw on twitter there is going to be a Combat protein bar?????!!!!!

wwwhhhhaattttttt hell yeah this is awesome.. now I won't have to carry around protein powder and worry about mixing on the go... once this hits I am going to keep this stocked in the house...

If these Combat Crunch bars taste as good as the regular Combat protein its going to be a HUGE hit!

Can you say gamechanger #mpnation?!
The #MP Combat Protein Bars are COMING SOON! pic.twitter.com/9a4AG3J2Sr

— MusclePharm® (@MusclePharm) June 8, 2014

Hey buddy hows it going for you here at MP????


thats funny you say that because thats where my original screen name came from eucsstamticc
ecstatic and usmc from when i was in marine corps high school lol

eUcsStaMtiCc

Oh very nice! I just glanced through some stuff and saw that they had an expiration date.

I should be heading home in the next couple days.... I'm going to do some DD and get caught up on the way home.. see if I want to jump back in

No I am not getting in for the run this time. To be honest I have not looked at MP's chart so I could not tell you what I would think either way.

I am just checking in to see the latest with the first stock I ever purchased and to see how the management is handling their resources, and what the company share structure looks like.

I have been researching different company's financial reports and other research on their share structures and the ins and outs of going public through a Direct Public Offering either Regulation A or D. I am putting on the personal touches to a business plan of my own and getting ready to take the plunge of being a startup in the OTCQB world.

I like to look at MP to see how to not treat investors. No offense they have an outstanding product lineup and I still use them to this day and preach them to everyone I meet, but I think they did a horrible job of taking care of their retail shareholders, at least in the past.

Judging by some of the random banter I have read on here in the last day or two, it does not seem like much has changed. Hopefully the new management stepping in can be a little more transparent to the investors.

I see they are cashing out BEFORE their Series B VOTING shares expire and they lose all control of the company....


PS: I am on a free account right now until I get home from offshore(no pm's). If you want to contact me privately you can reach me at evanhowingtonATyahooDOTcom

Its been a while... I see everyone is still getting along quite nicely! :)

That would explain slow and steady accumulation

Nice volume. I'm still holding

Tick tock.. When the cock strikes zero.... KABOOM!

I'll pm you

Been super busy getting ready to leave on a 1 year contract in California

Not really worried about the lease. Just because you lease something that doesn't mean you know how to put it to use.

It's product that in interested in. If they can extract it efficiently we go BOOM

I'm still holding shares. When the PR about flowing product comes out, its gonna take off..

How is it that this opinion became a sticky?

Healthy consolidation after the 50sma break. Still bullish

Low volume pullback.

That's awesome. So you are very aware of the kind of $$$ these Oil & Gas companies have!

I work as a contractor. Just finished a 5 year contract in the GoM for Chevron. Chevron was paying about $200k/day for our vessel.

Also recently returned from South China Sea, working out of Vung Tau, Vietnam.

Getting ready to head either to Port Harcourt, Nigeria or another job about to kick off for us in Russia. $ is $ :)

$GRPR is gonna be covered in black gold, and swimming in green $$$$$$$$$$$$

all i gotta say is in this link... :)


http://www.pbs.org/independentlens/classroom/wwo/petroleum.pdf

oil field workers are YEAR ROUND!! i am one of them!

guarantee there are people wearing Carhartt Coveralls covered in drilling mud right now generating profit for this company!

Are you ready for next week?!?!?!

What a great day here!

I love that there is NO selling!

Hello GRPR'ers :)

I don't remember the original hulk.... But I remember "swamp thing" does that count ?!?! :)

this is gonna happen!!

i dunno you might like this

thanks :)

Exactly!!!

I WANT MORE!!!!!

Yes sir!

International Life Support Supervisor for Commercial Saturation Diving, Commercial Diver, Commercial Diver Medic Technician.

I have personally flanged up and bolted together product lines on the bottom of the ocean.

Not to mention just finished a long term contract cleaning up tons(literally 1000s of tons) of damaged platforms laying on the ocean floor from the hurricanes.








enjoy

Oil = $$$$$

I work in the offshore oil industry!! I k know where this is going!

Absolutely this is gonna be HUGE