Ok...I just got out at 9.30..that's a 215% gain over my 2.95 entry. Not bad for 3 weeks. Let's see what the blackjack table will have in store for the Titans!
PEIX ==> thoughts?
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I was trying to Put a chart up on Peix and just cant seen to figure it out. I will work on the "how to's" but for now I will just explain what I think I see.
referring to Stockchart.com, looking at todays after closing. I see what I am interperting as an "engulfing" candlestick. I am using sma 30/ema 10. I am trying to forcast what will happen tommorrow. I am reading this as bullish looking still. The wide candlestick ending. Am I completely off base?
I am so jealous of Newborn at this moment. I will have to read the direction I am sure you guys have posted somewhere on how to post a chart so that I can explain myself better.
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Originally posted by sisterwin2I was trying to Put a chart up on Peix and just cant seen to figure it out. I will work on the "how to's" but for now I will just explain what I think I see.
referring to Stockchart.com, looking at todays after closing. I see what I am interperting as an "engulfing" candlestick. I am using sma 30/ema 10. I am trying to forcast what will happen tommorrow. I am reading this as bullish looking still. The wide candlestick ending. Am I completely off base?
I am so jealous of Newborn at this moment. I will have to read the direction I am sure you guys have posted somewhere on how to post a chart so that I can explain myself better."Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
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After looking at New born's chart that is posted two up from this post... It is the same chart I am looking at. I thought that the last candlestick shows on the bullish side.
I am getting my infomation from the "swing trading guide". It looks like after one of those black w/downward tails we see a trend up. I am not seeing a cross over of ema/sma. I guess I still have a ways to go before I get this charting business. I will set a stop to protect my gains and will just have to wait and see. Wish I was off tomorrow.
Question: How updated do you think these charts are. I was studing the chart after closing and after after hours, I see that the chart has not changed since 3pm when Newborn posted his chart?
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Originally posted by sisterwin2Question: How updated do you think these charts are. I was studing the chart after closing and after after hours, I see that the chart has not changed since 3pm when Newborn posted his chart?
EDIT...Yikes...I'm an idiot...Let me look at that chart
EDIT again...It isn't the same...it closed at 39.51"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by sisterwin2I was trying to Put a chart up on Peix and just cant seen to figure it out. I will work on the "how to's" but for now I will just explain what I think I see.
referring to Stockchart.com, looking at todays after closing. I see what I am interperting as an "engulfing" candlestick. I am using sma 30/ema 10. I am trying to forcast what will happen tommorrow. I am reading this as bullish looking still. The wide candlestick ending. Am I completely off base?
I am so jealous of Newborn at this moment. I will have to read the direction I am sure you guys have posted somewhere on how to post a chart so that I can explain myself better.
Don't be jealous of me . . . I've been knocked up side the head by the market before
Now PEIX chart. IF what you want to know is how PEIX will react TODAY, Tuesday May 9, 2006, I can give you my best idea. On the chart below, we are seeing these actions consistently here at the top.
1. Impulse wave higher.
2. The next day, an initial move higher, then
3. A selloff that afternoon that lasts about two-three days.
See?So I ANTICIPATE a similar reaction today. Let's say that I think PEIX will retest that $37.50 mark today or tomorrow.
Last edited by New-born baby; 05-09-2006, 09:01 AM.
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Originally posted by sisterwin2i am an idiot ....your right, it price changed but what I was looking at was the candlesticks them selves.... I am trying to understand, be patience with me.
I didn't say you were...I said I was...I was on PST in my head when I first looked at the chart...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
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10:20 Est
Originally posted by New-born babyHey, Sis,
Don't be jealous of me . . . I've been knocked up side the head by the market before
Now PEIX chart. IF what you want to know is how PEIX will react TODAY, Tuesday May 9, 2006, I can give you my best idea. On the chart below, we are seeing these actions consistently here at the top.
1. Impulse wave higher.
2. The next day, an initial move higher, then
3. A selloff that afternoon that lasts about two-three days.
See?So I ANTICIPATE a similar reaction today. Let's say that I think PEIX will retest that $37.50 mark today or tomorrow.
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Originally posted by IICI didn't say you were...I said I was...I was on PST in my head when I first looked at the chart...IIC
LOL....... did not take what you wrote in a negative way. You may correct me any way you chose as long as I learn from it. I am just trying to get my chart reading up to par.
What I was saying is that the candlesticks did not change from 3 to 4 pm nor in after hour trading. Just thinking I am missing something.
BTW, what time does after hours trading stop?
And Dear...... your no idiot in my book.
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