Ya Tom, that buy signal at 10.84 corresponded to a little handle I see, thus the strength last 3 days; that was the signal, but late to party now. Not surprised to see today's opening pop get sold considering my longer term view. You thinking long or short?
Spike's Scientific Stock Analysis
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alice,
HOD short may do OK. It's a very strong stock, that's booming daily and weekly, and I wouldn't be surprised if short setups fail today. But the great r/r ratio was too good to pass up for meUSG has been tuff to me today; aggressive long takes my 4% and then short setup and weakness was met with strong buying. It's a tricky one to play cuz strength is getting sold and weakness is getting bought lol. Frustrating for logical stop areas considering the huge volatility.
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Hod??
Originally posted by spikefaderalice,
HOD short may do OK. It's a very strong stock, that's booming daily and weekly, and I wouldn't be surprised if short setups fail today. But the great r/r ratio was too good to pass up for meUSG has been tuff to me today; aggressive long takes my 4% and then short setup and weakness was met with strong buying. It's a tricky one to play cuz strength is getting sold and weakness is getting bought lol. Frustrating for logical stop areas considering the huge volatility.
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Short USG
Originally posted by spikefaderalice, sorry, HOD = high of day. I was answering your question about USG.
Thanks for clarification. Anyway, I followed my heart and shorted USG at 95.91. I see on yahoo and MSN after hours it is down but my streamer (ameritrade doesn't show me that?)
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Spike is STP on a downtrend?
Hi Spike,
Looks like STP ranup a bit today due to the "upcoming" George W. speech tommorow night, where he is supposed to "tout" Solar energy.... I am sure you dont really care what comes out of his mouth....you believe the charts!
So, with that in mind, doens't it look to you that STP is now in a downtrend? Meaning, unless it break out and closes above 41, that this is a shorting opportunity?
Or maybe I need more sleep...???
Thanks buddy!
P.S I sold my ERS today at near the day high. I know that 22.50 might be a possibility, but I think it's quite a bit overbought right now. But I would love to buy it back at around 17?
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Originally posted by mystikyHi Spike,
Looks like STP ranup a bit today due to the "upcoming" George W. speech tommorow night, where he is supposed to "tout" Solar energy.... I am sure you dont really care what comes out of his mouth....you believe the charts!
So, with that in mind, doens't it look to you that STP is now in a downtrend? Meaning, unless it break out and closes above 41, that this is a shorting opportunity?
Or maybe I need more sleep...???
Thanks buddy!
P.S I sold my ERS today at near the day high. I know that 22.50 might be a possibility, but I think it's quite a bit overbought right now. But I would love to buy it back at around 17?
STP thoughts:
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