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Peanuts,
Thanks for the chart. Now, what entry, exit, do you propose?
Anything above the sloping line is bullish. If volume takes it below $38.38, then be careful because that is the pivot line in the last few days. Personally, I am bullish on a LT basis, but I plan to trade this and own it.
There is also the short play: If you want to watch this and see how it acts, you can rely on at least a $1 move down if the first support line is broken
Rick,
I only read charts; not the news. The chart already knows what the news will be.
MA had a VERY POWERFUL, IMPULSIVE move up today. She's headed to $116 apparently. The thing has a beautiful option chain. Lots of safety available if you feel nervous.
GROW just popped $5.66 today. Looking for another $10 pop.
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Guest replied
NB, at this juncture I'd like NVDA to bust out into all time highs. Could do this but for now I'd let it prove itself. Remember this is just my take on it. I'm bull on it but would stand in wait and see mode!
NB, looks as if URBN has successfully tested lower channel.. SIRI weekly is also showing a change in character..
Runner,
I really like your work. I should have bought URBN, and still looks good IF URBN breaks out above $19.50 (imho). PnF doesn't like SIRI until she busts above $4.25, but I think that is probably a done deal. Very bullish move lately.
Your thoughts on NVDA? A buy for you? Very bullish volume these past few days.
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Guest replied
NB, looks as if URBN has successfully tested lower channel.. SIRI weekly is also showing a change in character..
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