PARL - This is just goofy

[Runner]

Here is my trend read on PARL:

Monthly uptrend that traders enjoyed is broken. Reversal occurred in March when stock failed to make new highs. Monthly trendline also has been broken.

Weekly shows me uncertainty about this stock and failure to hold new highs. Most explosive moves often happen near the top. Weekly trendline has been broken.

Daily had a S/H/S pattern and has recently cracked the neckline.

My bias has been bearish on PARL with target down to 19.50. This is where I stand on it until it proves me right or wrong.

Monthly-trend cracked
Weekly-trend cracked
Daily-S/H/S

I guess I should have followed my own advise...lol

[Lyehopper]

As Spike would say, PARL is..... TOAST!!!!

[stenzrob]

Sold some of my PARL last Friday for $27.84, had bought it at $26.50 on May 9 when it sold off (?!) after preannouncing record earnings. 5%, two weeks. Still holding some for the long term for the eventual squeeze, but trading this chunk in the meantime.

I want to thank you guys for the annotated charts. It seems to be having some difficulty getting back up above the 50 day, so I'll just look for another opportunity to buy on a dip.

Hey look, the dip I was looking for! Not attempting the falling knife trick just yet, but still plan to buy this again somewhere near a bottom if it has one. In true $$$M_M$$$ fashion, still holding the small position for the eventual 15% gain. This will be sometime in 2015 if all goes well.

[Lyehopper]

Hey look, the dip I was looking for! Not attempting the falling knife trick just yet, but still plan to buy this again somewhere near a bottom if it has one. In true $$$M_M$$$ fashion, still holding the small position for the eventual 15% gain. This will be sometime in 2015 if all goes well.

I still have a "token" position too, for the sake of my "open positions" in my thread Stenz.... Although I'm embarassed to reveal just how "token" it really is.LOL!

[stenzrob]

The good news is, PARL is a small position in my overall portfolio, and getting smaller every day !

[Lyehopper]

Showing a little strength today....

Will PARL rally a few bucks now?.... MAY-BE!

[Lyehopper]

Will PARL rally a few bucks now?.... MAY-BE!

Anyone else trading this little PARL rally with me?....

[New-born baby]

Anyone else trading this little PARL rally with me?....

Not me, Lye. I just sit on the sidelines and shout from the shadows

Best wishes with it. I know that you know how to milk this cow without getting kicked.

[Lyehopper]

....I know that you know how to milk this cow without getting kicked.

LOL!.... Yeah, it seems a long term trade for me lately is two or three days and sometimes one or two hours.... Hard to resist taking a 5%+ profit in a couple of hours though.... I can make money in this market, just gotta be quick to make a read and a decision.... I've Daytraded long and short today.... AKS short.... PARL and CEDC long.

[Lyehopper]

Good ol GEHL!....

I'm making a quick long trade here on good ol GEHL....

[Rob]

Where Does That Top Line Come From?

I'm making a quick long trade here on good ol GEHL....

Lye, how do you get that top horizontal line? In other words, why do you simply ignore all those trades that took place above it? Curious.

[Runner]

PARL may be trying to move in A/H ..,.,,

[Runner]

[Lyehopper]

PARL up 37% after hours!

I only wish I had more shares!.... Here's the news.

Shares of perfume maker Parlux (nasdaq: PARL - news - people ) jumped 30% in after-hours trading on news the company's chief executive offered to take the small company private in order to battle short-sellers. CEO Ilia Lekach, along with two other large investors, have proposed to take out the company at $29 per share in cash. Shares of the Ft. Lauderdale, Fla.-based company have lost more than half its value since March.

Sorry NBB!!!! jejeje!!!!

[Lyehopper]

..... why do you simply ignore all those trades that took place above it?

'Cause I want to....