Swing trading... lessons learned...

[Runner]

TGT 10.25 from 9.90

[dmk112]

TGT 10.25 from 9.90

IF we close above 10.20 we are golden...

[B.J]

In review:
20/20 hindsight. Was I wrong to exit so early? Obviously I was ! I would do the same thing again I think.

Spike, do you see a bona fide reversal here? Or a teaser?

[Runner]

Out @ 10.20. Plan a little shy of target. Was keying off overlap R

[dmk112]

IF we close above 10.20 we are golden...

Did I say above?? Nahh.... It'll do!

[B.J]

Did I say above?? Nahh.... It'll do!

10.50 is next! (see Newborn's resistance chart)

[dmk112]

52 wk high on AAPL!!

BJ where are you getting your picks from?? LOL

I remeber you saying a few days ago that it look like it was going to b/o... is it just luck that it broke out or what is it? I do see a slight pop 3 days ago but on low volume, no where do I see a clue that it was going to bust through that resistance!

[B.J]

Thanks Spike! Coming from the master, that's a heck of a compliment.

I'm liking AAPL. See if anyone agrees:



Nibbled today, will buy more if tomorrow confirms.

DMK, I drew a channel off a recent high, to the day I bought. The Raff channels were turning up, which is bullish.

I usually consider Poormans' and people on this board's ideas, but this one was all my own doing

[dmk112]

DMK, I drew a channel off a recent high, to the day I bought. The Raff channels were turning up, which is bullish.

Nice work, I guess I missed that!

[Runner]

VPHM update on Resistance/Support using overlapping time frames. I will stalk this one agin next week. I’d love to hold it for a swing, but we shall see.

Overlapping R
60 min 10.29
13 min

Overlapping Support
60 min 9.94
13 min 9.94 & 10.12

when using this set up I’ll sell once overlapping R gets hit. I’ll go heavy on the shares because time frame in position is normally short. Looks like the overlapping R from yesterday was the key off 10.46 plot. Missed by a penney for the high was 10.45, Pretty cool.

Now I se a little more layers of support building on this stock. I’m bullish short term down to 9.94 area.

[B.J]

VPHM, new uptrend or SHS? We'll find out soon enough:

Click for chart

[diogenes]

VPHM, new uptrend or SHS? We'll find out soon enough:

Click for chart

From a candlestick point of view that bullish candle after the spinning-top is a good sign.

[B.J]

From a candlestick point of view that bullish candle after the spinning-top is a good sign.

Yep. Either Morning Star or Abandoned Baby I think.

[New-born baby]

Morning Star

Yep. Either Morning Star or Abandoned Baby I think.

Yup,
Morning star, and today's action confirms a trend reversal. BUT--just remember she can very easily form a shoulder~head~shoulder from here. She hasn't yet; just keep that in mind.

Nice move today. Hope you profit handsomely.
Here's another chart!

[New-born baby]

For Crying Out Loud

VPHM is up $1.55 after hours. IT's a $12 stock NOW!