NOK

Good luck with your trades!

I did one 20 cent scalp (before commish), will stand aside for a while. I have seen NOK do this in the past, and typically there are several days of selling before it begins its bounce/crawl back.

I will enter NOK to hold for a swing after more pain.

Quote from indahook:

I bought the fear pre mkt at 17.73...left powder dry for more bids every .25 down to 16.00


good luck
 
Quote from ARogueTrader:

Good luck with your trades!

I did one 20 cent scalp (before commish), will stand aside for a while. I have seen NOK do this in the past, and typically there are several days of selling before it begins its bounce/crawl back.

I will enter NOK to hold for a swing after more pain.


Good luck to you also.


Normally I wait untill the pain subsides also...but liked where it was trading pre-mkt on the weekly chart.

chris
 
Thank you. I wish this would be posted a couple of days earlier. I just missed this classic HS play. Shoot.

Quote from ARogueTrader:

NOK, looking very ugly.

Gapping down, creating an big old island, which happens to be a head and shoulders formation too....
 
still in..avg price so far is 17.37. Will stop out if it closes < 16.80 EOW. Looking for a 18.85 tgt


ARogueTrader was spot on in waiting for the pain to subside.....to bad I am always early to the party. :D
 

Attachments

I bought in today around 17.15 for initial position. Will add from here.

Quote from indahook:

still in..avg price so far is 17.37. Will stop out if it closes < 16.80 EOW. Looking for a 18.85 tgt


ARogueTrader was spot on in waiting for the pain to subside.....to bad I am always early to the party. :D
 
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