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Originally posted by rickflyboy View Post
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.
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ANDE intraday setup
I was checking out the action in ANDE and I see a potential day trade here if anyone wants to roll the dice. Here's what I'm looking at:
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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Peanuts,Originally posted by peanuts View PostI was checking out the action in ANDE and I see a potential day trade here if anyone wants to roll the dice. Here's what I'm looking at:

Thanks for the chart. Now, what entry, exit, do you propose?
							
						
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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.Originally posted by New-born baby View PostPeanuts,
Thanks for the chart. Now, what entry, exit, do you propose?
 
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
							
						Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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Don't look now, but that top line resistance just got taken out. This might be a big breakout to $44-47. If so, the resistance becomes major supportOriginally posted by peanuts View PostI was checking out the action in ANDE and I see a potential day trade here if anyone wants to roll the dice. Here's what I'm looking at:
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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Great call Peanuts! 3% in 3 hours.... A fella could make a living doing that.jejeje!Originally posted by peanuts View PostDon't look now, but that top line resistance just got taken out. This might be a big breakout to $44-47. If so, the resistance becomes major supportBEEF!... it's whats for dinner!
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Very nice, Peanuts! LOVE YOUR WORK, MAN!Originally posted by peanuts View PostSSSsssSSSsssSsSsSs
  why work? 
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I think SPIL runs up to $7.65 or so and runs into some serious resistance. If that resistance pops, we are looking at a very nice gain, but I think I personally would wait until SPIL spills over the top. See what I mean?Originally posted by billyjoe View PostNew-born,
Check out a one year chart for SPIL. Is it as good as it looks?
Thanks
-----------billyjoe
							
						
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Thanks NBB,Originally posted by New-born baby View PostVery nice, Peanuts! LOVE YOUR WORK, MAN!
With ANDE making a run into options expiration, do you see anything worth playing in the chain?Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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I am very disappointed in ANDE's option chain. Pretty weak. I looked it over to try to take a quick buck out of him, but there are better plays out there, imho. I DO like ANDE as far as the stock goes, but the option chain is rich enough for my tastes.Originally posted by peanuts View PostThanks NBB,
With ANDE making a run into options expiration, do you see anything worth playing in the chain?
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