Showed late strength to close at 1.3
Posted by budgie on :
i dont know what my probem is, i see stocks, i buy them or think i should. If i buy them i sell too soon ,because i get scarred, or i dont buy at all and wish i had
this is one i wish i had bought, was bidding 1.21 on thursday and then backed out, oh well
ART keep em comming, i will figure this out eventaully
Posted by Art on :
quote:Originally posted by budgie: i dont know what my probem is, i see stocks, i buy them or think i should. If i buy them i sell too soon ,because i get scarred, or i dont buy at all and wish i had
We all have this problem. Timing is everything. I'll stay with a stock as long as it is basing at a bottom. Sometimes they plunge farther down though. I try to pick stocks with good fundamentals that also seem ready to go up - but there are no sure things.
The one day wonders are very rare.
Posted by Nobonemovies99 on :
whats basing a bottom, and what factors make it look like its ready to run? Thanks.
Posted by Art on :
quote:Originally posted by Nobonemovies99: whats basing a bottom, and what factors make it look like its ready to run? Thanks.
Depends on the recent history and tech indicators - hard to put into a formula and involves some guesswork. A stock bases at a support level, and after a consolidation here it is ready to go up. This may be a brief (even a few-minute intraday base), in a stock going up on momentum, or may take weeks to consolidate in a stock that has bottomed, or any where in between.
If there were easy and definite answers we would all be rich.
Posted by Art on :
I had entered a GTC order weeks ago and sold some on a partial fill at 1.34.
Finally sold the balance of the GTC order today at 1.34.