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Re: LiveLife post# 191

Tuesday, 02/05/2019 10:55:40 AM

Tuesday, February 05, 2019 10:55:40 AM

Post# of 338
= HMNY = Repost from HMNY board - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146584432

= Chart = Short percentage/Technical =

"The Chart speaking would be a pleasant break"

Here you go.

I called the bottom twice now (precisely to the day) based on Short percentage chart (My prediction of 1/30 below current chart) - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146463406

Technically, I would say HMNY is possibly rebounding from exhaustive bottom with MACD rising with signal line and positive histogram. RSI has risen from below 30 and 5MA is about to go positive on decreasing volume - Bullish signal for me.

Yes, I trade according to charts.



This is what I posted on 1/30:

"= Chart = I superimposed Short percent chart with 1 month chart for better comparison.

As share price fell to 1/24/19, so did the short percent down to 22%. After Friday-Tuesday's pop of near $.015 (probably with epic Short Covering), Short percent peaked and dropped down to 22% again today. For me, this is bullish indication with shorts likely to cover again (Maybe tomorrow) so bought back on today's dip.

HMNY Short interest - https://volumebot.com/?s=hmny





Date Short Volume Total Volume Short Percent

01-30-2019 10,425,381 46,812,541 22.27%
01-29-2019 27,348,939 74,268,298 36.82%
01-28-2019 29,278,373 120,665,496 24.26%
01-25-2019 11,355,943 50,742,508 22.38%
01-24-2019 22,722,567 73,348,482 30.98%
01-23-2019 27,173,460 71,486,133 38.01%
01-22-2019 12,664,658 31,934,640 39.66%
01-18-2019 15,284,814 24,267,495 62.98%
01-17-2019 12,604,885 35,898,180 35.11%
01-16-2019 7,585,854 27,210,518 27.88%
01-15-2019 4,160,544 9,541,303 43.61%
01-14-2019 4,236,903 8,707,848 48.66%
01-11-2019 2,836,519 7,911,212 35.85%
01-10-2019 3,843,391 8,006,156 48.01%
01-09-2019 2,953,690 17,588,367 16.79%
01-08-2019 2,071,780 5,271,933 39.3%
01-07-2019 3,494,320 8,990,634 38.87%
01-04-2019 3,352,637 10,626,481 31.55%
01-03-2019 3,120,757 7,420,967 42.05%
01-02-2019 5,633,410 11,831,535 47.61%"

Learn to identify rebounding stocks and set BUY/SELL points using simplified Swing Trading Template - https://investorshub.advfn.com/Swing-Trading-Model-36395/

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