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Re: Lakersrback post# 13497

Tuesday, 10/09/2018 3:25:24 PM

Tuesday, October 09, 2018 3:25:24 PM

Post# of 27434
Lakersrback, Pearsby was (is, maybe?) a dear friend on this board that kept us entertained with his soft bash or extreme buy scenarios that he would ply us with depending on his position at the time. Now, Grasshopper, since you have tugged at my heart strings, allow me to help you see this stock a little more clearly, tactically. Open up your brokerage account and go to your daily chart, open it up to 440 days. Ok, upper trend line first. pick a color and start this line from 3/31/17 and click it at the highest point the stock reached that day. Now move your line to 9/24/18 and picking the highest point there, click it again. This should give you the upper trend limits. Ok, go back to 3/31/17, pick another color and starting at $3.40, extend another line to the $10 point on 9/24/18. Click it. This should now give you the lower line of the trend over 18 months or so. OK, now you can see where you bought, ($14), perhaps the stock was over bought as it was above the upper line. To make it easier you could place a dotted line splitting the two parallel lines. Buy in the lower half, sell in the upper half and you should be ok. You could also trade the stock and over time gain back your lost money if you keep in mind the momentum of the stock as you trade. Very basic, very simple, good luck. Some day this will go through $50 per share. The market is a bit more resistant to a device than a pill. If this were a pill, we might be in the 50-75 ranger right now. Ok, enjoy your day. PS; yesterday was my birthday, and this is my gift to you! Good Luck!
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  • 5Y
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