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11/30/12 9:37 PM

#2901 RE: silencedogood2011 #2900

SODA has a very strong uptrend brewing!!
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St John

12/01/12 3:19 PM

#2902 RE: silencedogood2011 #2900

I looked at my ETRADE pro and totaled up the volume for calls and puts on friday. Calls traded=9234 puts traded=863!!
That is almost 11:1.

I looked at the chart, to me, with the MACD & ADX headed up and the +DI and -DI going apart, +to the up and -to the down, it appears to be a nice uptrend.

(I am a newbie, so feel free to correct me where I am wrong).

You are saying that while this looks to be a nice uptrend, looking at the past year, every peak of SODA was followed by a sharp drop??

What is the best thing to keep an eye on? Watch the MACD (PPO) and ADX and when they start to converge at the top, get out of long calls?? and get back in after it corrects??

Thanks.

Other indicators I should be looking at? (I see the RSI is not in an overbought point yet, but headed that way)