Portfolio of the Week

[spikefader]

So is that "W" bottom the same as a "tweezer" bottom?

Yep, but they are different at the same time. lol
W bottom might be there in a 1 minute chart, but in a 30 minute chart it looks like a tweezer. So in the tweezer, you can't actually 'see' the W shape; it's just 2 bars or candles next to each other with the low either the exact same price or one or two pennies off. BMD on a 30 min chart is a tweezer 1 penny off, and on a 1 min chart, it's a W bottom.

[spikefader]

Lye:
AMHC is a pretty good play; it's breaking down a channel long yesterday, and didn't have an intraday pattern that impressed, and doesn't today (ie failed triple bottom) so it's bearish for sure. The green triangle is the one I'd have focused on. I'm assuming you saw the orange one?? Only problem is it's a little one, and price needed to test the resistance of the green one. That green line is actually a good place to be shorting. And you'd be shorting a pop of strength to your price, where you're sitting in ambush. And you'd be sitting pretty instead of sweating your entry there. But a good pick anyway, I think it's going down as long as 37.70 isn't taken out by the bull.


no

[spikefader]

And that triangle just got killed and run over by a bull

[spikefader]

lol boy oh boy Lye.

[spikefader]

limit to cover VPHM afterhours 18.52

[Lyehopper]

Spike I swear I learning from you dude!

Cover BMD @ 5.34

Short AMHC @ market

Hey take a quick look at my last short. hehehe

3 more plays like this and I'll catch ya.lol

[spikefader]

Hey take a quick look at my last short. hehehe

3 more plays like this and I'll catch ya.lol

ya good job. I was watching the whole thing! even posted the charts for you lol

So what's the news for it?

[Lyehopper]

AMHC cover (AH) limit 35.45 .... CRAP!

[spikefader]

AMHC cover (AH) limit 35.45 .... CRAP!

hehe, ok, your limit is sitting in there waiting to fill.

[spikefader]

limit to cover VPHM afterhours 18.52

I'm cancelling this. I was wanting to get out of it just to take AMHC long from down there lol I've missed it, so I'll hold VPHM onight.

[Lyehopper]

@#$%*!!!!

hehe, ok, your limit is sitting in there waiting to fill.

I missed it didn't I?..... CRAP!!!

ok I'll just stick short for now. The stock sucks anyway, maybe It'll crash tomorrow.lol

[Lyehopper]

Cancel my AH limit to cover too.

[spikefader]

I missed it didn't I?..... CRAP!!!

ok I'll just stick short for now. The stock sucks anyway, maybe It'll crash tomorrow.lol

lol hehe yep, AH is nuts. Especially the lower volume issues. I'd be holding it short too, with stop to even and see what it gives you tomorrow. Remember, whatever you do, do it patiently and emotionless! lol

[spikefader]

Tues EOD

[Lyehopper]

Lol!

Tues EOD

Spike you crack me up dude! That about sizes my trades up this week don't it?lol