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Re: dmcc2087 post# 2790

Wednesday, 05/18/2016 8:47:44 AM

Wednesday, May 18, 2016 8:47:44 AM

Post# of 3209
not meaning to predict anything..

yet its likely as its going
the 8day/av will cross above the 34day/av
(not really a 'golden cross') .. though as I said and always say
either way .. only "IF" it gets there

sometimes the moving averages don't make it .. they turn .. they're always turning .. and sometimes the moving average turns back down
as it did here the end of last month .. look at the chart at the 8day end of April .. it almost crossed above the 34day .. yet it didn't make it

that could happen again .. and .. even "IF" it does cross over
there's no guaranteeing anything spectacular happens
especially in a BK stock or stocks with associated problems

maybe it might be good .. maybe it won't mean anything
its just an indicator to try to make decisions based on patterns
and in these levels of stocks below one or two bucks .. indicators are used
for "TRADING" .. not "investing" Long .. while they're for that in blue chips


indicators can help one take profits channel trading after making mistakes
holding too long .. yet not meant to make the same mistakes again
they're best for targeting where to take profits .. little by little
to get back whats lost in bags holding from bad moves
trying to invest Long in a Trading stock that should be traded mostly with fast swings


no time for now ..too busy .. look at the indicators to make strategies to take profits to recoup from having made bad moves winding up with an average 100 or 200 percent higher than the current price per share (and thats not "flipping" .. don't get caught in the cliche malarkey)

anyway .. not saying there's a golden cross at all .. saying .. figure ways to channel trade swings ..buy lows of days ..sell highs of days .. if not day trades .. fast swing trades over a day or 2 .. 20.. 30 .. 40 percent gains .. to get money back from holding the bags .. then the bags get lighter eventually .. yes .. its not that simple .. and I got no time left ..
just trade .. stop "Investing" .. when in these stocks under 3 bucks .. thats the only time I say it .. don't like to give advise .. yes .. once every blue moon .. one makes it Long ... I'm saying ... generally speaking .. Trade .. don't .. Invest


if the 8day/av crosses above the 34day/av .. that might be good .. and maybe might not matter

said I'd mention it yesterday .. yet got hung up here on the 'golden cross' question .. either way .. e'nuff said for now .. back later after the day .. not really expecting much today .. yet would be good of course .. and always watch for downside .. and take action to protect money .. back later after hours or tomorrow etc .. .. Good Trading

here's the chart again (indicators) ... again .. look back at end of April .. the 8 day almost crossed the 34 .. yet it didn't .../ will that happen again .. who knows ..

also now then .. changing the averages on the second chart here .. and look at the 50 day .. thats the Big Resistance here all along
.. thats all I can say for now .. no time left
look at the charts a little more closely .. if ya' even look at all .. not just you dmcc .. yet anyone "trading" thats here not knowing much abiout them ...
AND .. ALWAYS .. look first at the volume .. a very most important Leading Indicator


from now on .. I'll spare the lectures .. ha ha .. don't got time for it anyway

some indicators > http://stockcharts.com/h-sc/ui?s=UPLMQ&p=D&b=5&g=0&id=p79023759914

with the 50day average
http://stockcharts.com/h-sc/ui?s=UPLMQ&p=D&b=5&g=0&id=p31289891204

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