Replies to post #1129 on Hot MOMO Plays and Trading Morsels

[Lone Wolf]

Okay...I got one for ya for next week. We can say 'Heard it here first!' I'm calling BGOI for a bounce. It's been pulling back since its Wednesday run. IMO, not only was it overdone, but 'news induced'...exaggerated:

http://www.hotstocked.com/article/3714/cool-down-on-the-market-for-bonanza-oil-amp-gas.html

We don't have a 'chart falling into place, but that's where 'the part of me that I am 'most proud of' comes into play. My instincts. I like charts, but they are only part of the picture. I got no 12's despite sitting there for a while. 13's came onto the ask for a couple times, but there was mostly the 12 x 14 spread whenever I had a chance to check in. I DIDN'T GET FILLED BID-SITTING!!! Closed at 14, showing a decent bump off the day's low. I'll bank it will be 'game on' starting with the 14's on Monday!

BGOI - Daily Candlesticks