Divergences

Quote from romik:

EBAY (Nasdaq) Ebay Inc

Current: $24.20 1/2 position size to allow for possible averaging
PT1: $27.50
PT2: depends
PT3: N/A
Average down: $22.83
Stop: ~$21.00-.50
BLD in MACD HIST on a daily chart attached, though weekly is still pretty bearish, this might turn out to be a rather short-term play.

http://finance.yahoo.com/q?s=EBAY
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Position closed @ 27.20

PnL: +12.39%
 
Quote from 4re:

Good job with these!!!
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I am still holding on to paper CAL here, I figured I would still be in profit if closed upon weekly WRB's High resistance ~26 I believe. 21 was close to 22, so maybe I should have covered at least 50% there, as it was already a nice ROI at 22. Live and learn. Cheers!
 
Quote from Buy1Sell2:

is this the WJ thread?:D
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not bad results B1, what do you think? Considering they are mainly daily/weekly divergence based, I did input some chart studies as well, but decisions have been made mainly upon presence of a divergence. Who said trading is only for bright individuals?
 
Quote from romik:

Position closed @ 27.20

PnL: +12.39%
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Original PT was 27.50, though I made a decision to close @ 27.20, just to let others know $27.50 has just been reached. It will be interesting to see whether other TA based traders will start off loading at this price level, they did in the case of AAPL.
 
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