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No worries I also have been very hectic and busy this summer diversifying my businesses and vaca with the family.
Check out the daily on hlit
https://stockcharts.com/h-sc/ui?s=HLIT&id=p60755620285&def=N&listNum=17
Hmmm like the chart setup here what's the deal?
Man this thing looks like it got more legs...
Agreed see what happens GL.
Nice move today
I think the phrase do not catch a falling knife came from this stock....this just popped up on my list...
Drys
http://stockcharts.com/h-sc/ui?s=LBY&id=p60755620285&def=N&listNum=17
There was another one called i think free man o man how this is still able to trade is beyond me
Understood thanks PJ i heard usually when pumpers screaming turd on here it means buy.
Thanks i heard that means to buy on here is why I was asking
What is the meaning of a turd? I see it all the time on here. Thanks.
Survey says?
Wow holy batshyt robyn...
So using a chart style similar to yours the only thing i changed is instead of using a 8 & 13 I changed those to 5 and 10.
What do you like to look for when playing these? I must say that you are correct with correlation. This one was on my daily for the past 2 months and popped up on weekly yesterday.
http://stockcharts.com/h-sc/ui?s=SNCR&def=N&id=p46651697551&listNum=17
Looking to build support here at the 50?
Yeah same with UA. although that one might bounce.
Bought some tvix today it might be time.
Check out idxg...it might hit the 8
P trying to find a bottom
http://stockcharts.com/h-sc/ui?s=P&id=p60755620285&def=N&listNum=17
Htz also might be ready i cost averaged dpwn to 9.43 would love to see it clise above that.
I adjusted one of my scans to weekly's for shits and giggles so going to back test for a few months see what happens will keep you posted
Nice will keep on watch. Been studing weekly's and same thing. Looks like when they form a pincher it takes weeks before it actually sets up
Rad making a nice move today played back in February been down since
http://stockcharts.com/h-sc/ui?s=RAD&id=p60755620285&def=N&listNum=17
Man what a beating, and it might not be done yet...
Yin
Wow brilliant move...sorry I missed the party!
Bought some HTZ this AM off the 5. Way to beaten up..icahn is long in the 20s...
Cool thanks.
Bought some ddr this AM looks good from here. Check out the weekly.
Ddr
Doing that 2 step boogie again...lets see if it breaks..has some room to run and weekly might have found a bottom for now.
Intersting...i played this one back in March but never continued past the 20 to 34 so got out...sometimes these pinchers take months lol. Your charts is spot on for support as long as it holds??
Sometimes these do a quick 2 day pop to the 5 or 8 and then closes below. If that happens I usually bail at or near cost because usually it goes to next support which would be at 16.50ish.
Htz prime example on the daily. In x this a.m. see what happens gl.
Prime example thoughts?
X
http://stockcharts.com/h-sc/ui?s=X&id=p60755620285&def=N&listNum=17
Daily screaming 20ma, but weekly more downside to 16.50?
So now you got me thinking...Quick pops to the 20 or 34 is great for flipping but how to catch a bottom for long term IRA plays....
Htz
Burned me in November because theaily was screaming pinch but then dropped like a falling knife and hasn't looked back.. if looking at the weekly then was hard to tell but now...have a look at it.
I thibk this rent a car stocks turn around after the Uber effect...they have been burned for to long...
Ddr
http://stockcharts.com/h-sc/ui
Could be a play to the 20
Interesting you are using the weekly for that. I found don't touch bottom plays under a 40ad 14 or you will get burned...i played a bunch in the 30s last year and lost 9 out of 10 so now I only play 40 or higher.
I would love to figure out the perfect weekly for long term plays because that is the way to go..trying first really to perfect the dailys. I go for short term 20-30% moves to the 20 or 34 and on to the next. Not worth holding bottoms longer imo for now there are always new ones forming.
I respect your opinions though because you and I had ran into each other 2 or 3 years ago on one of these bottom then realized it was known as a pincher. I liked posting on the pincher board to monitor plays but that board has become short term spam.under .50 and thats not my play to much of a distraction...
Miners heating up
PLG
http://stockcharts.com/h-sc/ui?s=PLG&id=p60755620285&def=N&listNum=17
Casm
http://stockcharts.com/h-sc/ui?s=CASM&id=p60755620285&def=N&listNum=17
Silver is in play
Gpl
http://stockcharts.com/h-sc/ui?s=GPL&id=p60755620285&def=N&listNum=17
Fsm
http://stockcharts.com/h-sc/ui?s=FSM&id=p60755620285&def=N&listNum=17
Agq
http://stockcharts.com/h-sc/ui?s=AGQ&id=p60755620285&def=N&listNum=17