Yep. guess it's a rookie mistake not to see the 3 bagger but on the upside I did see the strength. I just wonder how much strength is left. Do you think it maxes out at .50 and then retraces?
Posted by BuyTex on :
seriously, takes a better chartist than I...see the trend lines on my chart? the ADX trend and the oscillator? strong continuation indicators; but on that year chart? also only time in a year it's got heavy petting for oversold...
of course, "oversold" doesn't mean much if peeps keep buying...
use my indicators and chart LVCP... (and think of the last line in "Start Me Up" lol)--you'll see RSI rise and fall, while overall pps climbs, anyway...
look at bollies, too (back to this one)--it's way past "support" and surfing the upper bolly...in short, breakout--a momo/news play, I'd guess: I'm only looking at the chart.
On my reference thread, there's a link to reading chart patterns; but seriously, I wouldn't bother...
this is pennies, momo, etc
If I were already in it? would use intraday charts to time an exit, or with stops, simply keep moving up my stop order...hence my first post
Be interesting to see what better chartists think...will see what I can do toward that end.
Posted by wallymac on :
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