Skiracer's stock slopes

[skiracer]

Ski,

Are you still holding HRBN? I was listening to your thoughts before and I did wait for a pullback. It's currently at $18.25 which gives me a 25% gain. By looking at the chart, what would be a new target sell price?
Best Regards,
Joe

steelman,
i am still holding hrbn from 14.10. that puts me at around +27%. i am holding on to see which way the wind in going to blow with the trade. if you are not able to watch it i would place a stop on somewhere between 17.25 and 17.50. at 17.50 that would guarantee me 24%. im not sure what you are in at. but i think the trade is going to go over 20 or so and would place a stop and hold on for awhile longer as long as your gains are protected by a well placed stopped.

[skiracer]

i am still holding HRBN from 14.10. with today's close at 17.89 that puts me up 27% with the trade. i see no reason to sell it off at this time and i feel quite confident that the trade will go to over 20 which would put it up 42%. i didnt find the stock so i cannot take any of the credit for the setup but i did implore everyone to take a close look at the stocks chart before they made their entry because the chart was telling me that it needed a small correction of sorts and that there was a great chance that you would be able to enter at a much lower and more favorable price. well it did happen just as i expected and the stock dropped down to around the 14 level which was about 1.79 below what almost everyone else entered at. nothing has changed with the fundamentals of this stock since ernie found it and the chart looks as great as it did from the first time i looked at it. so i am now imploring anyone who hasn't exited their position in this trade to give it some thought about maximizing the trades potential and placing a stop somewhere between 17.25 and 17.50 and letting it run it's course and maximize those gains because there is a very good chance that this stock will continue up over 20 which is approx. 27% compared to 16%. it's your money and your choice but there's another 11% or more waiting there if you give it the chance.

[g92069]

Ski, I am thinking of subscribing to a "charting" newsletter to assist me in determining the most advantageous entry and exit points on my trades. The cost is $28 per month, the charts are provided on the chartists picks (I believe he said he provides charts for 4 stocks weekly). The chartist will also provide 1 chart a week on the stock of the subscribers choice.

Honestly, all of the charts look like Greek to me; working 12.5 hours a day AND having twin 2 year old boys limits my ability to educate myself sufficiently.

Does this sound reasonable to you?

[skiracer]

Ski, I am thinking of subscribing to a "charting" newsletter to assist me in determining the most advantageous entry and exit points on my trades. The cost is $28 per month, the charts are provided on the chartists picks (I believe he said he provides charts for 4 stocks weekly). The chartist will also provide 1 chart a week on the stock of the subscribers choice.

Honestly, all of the charts look like Greek to me; working 12.5 hours a day AND having twin 2 year old boys limits my ability to educate myself sufficiently.

Does this sound reasonable to you?

i would try to learn how to read and interpret charts myself. i dont know what site or subscription you are talking about but i can give you several sites that will provide very useful info regarding all aspects of understanding chart interpretation. plus anytime you have a question just ask i would be happy to offer my feelings on any question you have. you could certainly ask me about 1 chart a week for free anytime.

[wooish]

KIRK had an amazing run the past months. It's finally dipping a little today, watch for opportunity to buy on the dip. I had bought FIT yesterday @ 6.10, expecting it to go back to over $7 soon.

[wooish]

Ski

What do you think about SNDA at this point? It had dropped from $62 to $47 in 4 days after the downgrade. Is it still worth buying? It looks like it's starting to get to the oversold territory, today or tomorrow would be a good day to buy.

[skiracer]

here is a link to obama's proposed health care bill. it is full of items non related to health care that is purposely meant to take away your freedoms and change the concept of freedom as we know it. obama is the devil. http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h3200 ih.pdf
as freedom loving Americans you have to shout at the top of your lungs that you dont want anything to do with this. and get these illegal aliens out of our country. this is an obamamination of the highest degree. please pass this on to everyone that you can who will listen.

[mrmarket]

"obamamination"....good one, ski.

[skiracer]

"obamamination"....good one, ski.

thanks ernie, and good exit on hrbn. im out at 17.50, at my stop, so i give back some but i really love the stock and thought for sure that it was going to go over 20.

[steelman]

Cbou

Ski,

Would you pull a chart for CBOU and let me know what your thoughts are? I bought some at the end of June at $6.98 which was probably a mistake because I should have waited for a pullback. It did go down to $5. It's now almost $8. I am new to charts but it looks like it could be a handle forming on a cup?? If you get a chance I would like to hear your thoughts on it.

Thanks,
Joe

[skiracer]

Ski,

Would you pull a chart for CBOU and let me know what your thoughts are? I bought some at the end of June at $6.98 which was probably a mistake because I should have waited for a pullback. It did go down to $5. It's now almost $8. I am new to charts but it looks like it could be a handle forming on a cup?? If you get a chance I would like to hear your thoughts on it.

Thanks,
Joe

i've owned CBOU on two other occassions in the past couple of months and did ok with those trades but i see that i was in earlier than what was the most opportune time. you are now in at a very opportune time and are in a position to maximize the opportunity. here are both the weekly and monthly charts and my feelings. good luck, and make the most out of the trade. previous highs of 9.27 are easily reachable and would give you around 3+ points from your entry. if you can maintain your patience you probably would see more but whatever you do protect your gains.

[billyjoe]

Ski,
CBOU was 1st on my list this Monday. When I missed my bid at 7.10 I stopped watching it. What a mistake. Well, you can't keep up with all of them.

-----------billy

[skiracer]

Ski,
CBOU was 1st on my list this Monday. When I missed my bid at 7.10 I stopped watching it. What a mistake. Well, you can't keep up with all of them.

-----------billy

should you lose interest in a setup because you miss a limit entry? bad practice billy. actually your post at spike's brought it back to my attention and watchlist. now i own it and you dont. thanks for reminding me of it.

[steelman]

Thanks Ski!
I really appreciate your explanation of this. One other thing if I may. By looking at this chart, is there a way to pre-determine a sell price target?

Thanks,

[skiracer]

Thanks Ski!
I really appreciate your explanation of this. One other thing if I may. By looking at this chart, is there a way to pre-determine a sell price target?

Thanks,

i would be looking at the monthly for previous highs which were around 10.50 range as a viable target but would use stops to protect my gains and let it run until you start to see it start to stall out or you get stopped out. placing stops at a point where you wont get stopped out by market makers yet not to low where you give back to much is the key. you have to develope a feel for what your tolerances are and you must understand and know where key resistance and support levels are. its trial and error until you get the experience and feel for it. reading and understanding chart patterns and what is going on with the chart developes that understanding. it takes time.