The Vernal Equinox Top 5

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  • spikefader
    Senior Member
    • Apr 2004
    • 7175

    #16
    Originally posted by New-born baby View Post
    PTI securities put their customers (I am not a customer) into a short spread on AMZN. That is what got me thinking the short instead of long.
    Fair nuf. I'd be passing on that setup personally, but I've been wrong before....
    Good luck if you take it.

    Comment

    • New-born baby
      Senior Member
      • Apr 2004
      • 6095

      #17
      Let's get a move on

      I wish MM would buy PCP before the stock moves too much higher!
      I got in yesterday at $137.26.
      Last edited by New-born baby; 09-20-2007, 10:49 AM.
      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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      • squarepusher
        Member
        • Aug 2007
        • 31

        #18
        focus people!
        ________
        KID PRILOSEC
        Last edited by squarepusher; 04-19-2011, 04:53 AM.

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        • rookietrader
          Junior Member
          • Jul 2007
          • 6

          #19
          question about PCP

          It appears that PCP has hit it's resistance level, having bounced off 144 (roughly) 3 times today, or am I reading that wrong? If that is the resistance level, and if volume is increasing, does that mean there's good potential for this one to shoot through resistance? Looks like after hours is still trading just under 144.

          Comment

          • New-born baby
            Senior Member
            • Apr 2004
            • 6095

            #20
            Originally posted by rookietrader View Post
            It appears that PCP has hit it's resistance level, having bounced off 144 (roughly) 3 times today, or am I reading that wrong? If that is the resistance level, and if volume is increasing, does that mean there's good potential for this one to shoot through resistance? Looks like after hours is still trading just under 144.
            Yes, that is the current resistance, as seen on the chart below. But that makes a nice cup for PCP, and now if PCP forms a handle, PCP will be set up perfectly for a powerful, explosive move towards $180+. It is really a beautiful chart.
            pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

            Comment

            • jiesen
              Senior Member
              • Sep 2003
              • 5319

              #21
              Originally posted by New-born baby View Post
              I wish MM would buy PCP before the stock moves too much higher!
              I got in yesterday at $137.26.
              Looks like you got your wish, NBB! Now I wish that PCP hits 167.3 in 4 weeks or less... let's see if I can get mine, too.

              Comment

              • New-born baby
                Senior Member
                • Apr 2004
                • 6095

                #22
                Originally posted by jiesen View Post
                Looks like you got your wish, NBB! Now I wish that PCP hits 167.3 in 4 weeks or less... let's see if I can get mine, too.
                Yes indeed, Jiesen. I hope you get yours in lightning like fashion! Wonderful MM pick, imho. I sold mine today at $146.00 (bought at $137.26). Looking to play the options on this one next time around. Why, you ask? Because I am going to be out of town all next week, and I don't like to leave money on the table without keeping my eye on it.
                pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                Comment

                • spikefader
                  Senior Member
                  • Apr 2004
                  • 7175

                  #23
                  Originally posted by spikefader View Post
                  AMZN rates +93% this afternoon. AMZN is in the Voodootrader Top 100. AMZN just generated an S8 long signal, to buy th' open tomorrow t' risk 4% .... If one looks at your much-liked Point and Figure chart, it targets $99.00.
                  Just doing some S8 signal reviews and thought I'd follow-up. It did not hit the +40% target prior to taking risk.


                  Comment

                  • New-born baby
                    Senior Member
                    • Apr 2004
                    • 6095

                    #24
                    Originally posted by spikefader View Post
                    Just doing some S8 signal reviews and thought I'd follow-up. It did not hit the +40% target prior to taking risk.

                    Ugly move on the longs. Hit the PnF target of $99 though. Thanks for the post, Spike.
                    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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