Thankyou ZBOY. Tell baron that I am willing to moderate that forum if hey wants me to.
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Great New Pattern
- Thread starter rtharp
- Start date
Sorry I didn't post earlier, but I am moving.
Monday's picks, olog, chh, kpn, usg
.........
9:52 bought 1k chh @12.45, bidding for another k.
12:05 bought 2300 zqk @22.00
12:38 sold 1100 chh @ 13.35 (I only picked up 100 more while on the bid, there is some large buyer who kept getting ahead of me by a penny) He's still there, but a k is a k gain.
4:00 out all positions. I lost about what I made on chh in zqk. Ohh well.
As for prd, I dislike.
Monday's picks, olog, chh, kpn, usg
.........
9:52 bought 1k chh @12.45, bidding for another k.
12:05 bought 2300 zqk @22.00
12:38 sold 1100 chh @ 13.35 (I only picked up 100 more while on the bid, there is some large buyer who kept getting ahead of me by a penny) He's still there, but a k is a k gain.
4:00 out all positions. I lost about what I made on chh in zqk. Ohh well.
As for prd, I dislike.
Hey Guys, I like the looks of Polaroid (PRD). It hasn't taken off today. Any opinions? Thanks
PRD is sitting on some support on a daily chart. For me I'll pass for now. If it breaks support and drops more I'd look at it as a long till then I won't touch it. I prefer panic.
KKD is working well for me today. Too bad it's so hard to borrow. I couldn't get on bullet on it this morning, but I could borrow a 1200 shares so am glad of that. WIsh I could have had a lot more.
PTA has no volume today. I'm letting my stop rest now at previous support from that drop. We will see. I'll update this threada after the close for others I'm watching.
rtharp
KKD is working well for me today. Too bad it's so hard to borrow. I couldn't get on bullet on it this morning, but I could borrow a 1200 shares so am glad of that. WIsh I could have had a lot more.
PTA has no volume today. I'm letting my stop rest now at previous support from that drop. We will see. I'll update this threada after the close for others I'm watching.
rtharp
I see talk about USG doing that Chapter 11 thing. Are you guys still interested in playing a bounce on it? Thanks
Volume Reversal Setups:
NIKU: Look for reversal off 1.07 with first resistance 1.17 Then 1.27
PROX: Look for reversal off 9.38
SMDI: Look for reversal off 10.16, or 9.38
VWKS: Reversal happened leaving a hammer signiture. Long tomorrow above 1.25
AXTI: Support 23.44
At your own risk.
P.S. These are not the patterns as BIGT, or USG, but until I find them hopefully these will help some.
Jeffrey
NIKU: Look for reversal off 1.07 with first resistance 1.17 Then 1.27
PROX: Look for reversal off 9.38
SMDI: Look for reversal off 10.16, or 9.38
VWKS: Reversal happened leaving a hammer signiture. Long tomorrow above 1.25
AXTI: Support 23.44
At your own risk.
P.S. These are not the patterns as BIGT, or USG, but until I find them hopefully these will help some.
Jeffrey
I think usg is even more attractive with the ch 11, they'll buy the news. Im waiting for more prox volume. Smdi also needs volume. I don't see much upside to vwks. Axti is interesting if volume picks up. I have 13k of niku that I took afterhours on that block. It was 3.618 million at .97 just so you know. I can't wait for usg. Im gonna make 50k on it. I definately bailed too soon on chh. Im gonna probably redo zqk tomorrow. Gemp is interesting, as is z for a half. Powi is interesting though we missed the bottom.
Hello everybody. I've been papertrading full time for about 2 months so my experience is really limited. I am focusing on intraday trades only. I'm considering taking a small position on POWI (300sh)intraday for the next 2-3 days. The 6 month chart with day bars looks like it might fit this pattern, it looks good to me. Any advice?