You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Swing/Position Trades
- Thread starter dgabriel
- Start date
Quote from dgabriel:
Coming to top of 2 year base. Suspect it will fail. May take some time as it is acting bullishly contrary to the general market. A bull could argue it is a breakout candidate.
No position yet, nothing on dailies to set it up now.
Nice tip dg.
Yahoo is ready to fall, no doubt about it.
Quote from dgabriel:
Coming to top of 2 year base. Suspect it will fail. May take some time as it is acting bullishly contrary to the general market. A bull could argue it is a breakout candidate.
No position yet, nothing on dailies to set it up now.
just curious, what in that chart makes you take a short on YHOO.
SHort BVF 40.15. Hit the gap after the bounce and can't penetrate (thus far). Stop 40.55.
Huge volume around 38, initial bout of selling brought it down to 35, now the relief is terminating and the idea is to catch the next wave down, driven by a second wave of selling. Stop in place in the event of the 2nd wave does not emerge at this juncture, or not at all.
Stocks seldom survive a shock event like the gap down and huge volume selloff of last week and repair quickly to resume thier uptrend.
Might close the gap at 42 but I leave little room for error if it does i am out well before.
Ultimate target 32-33.
Huge volume around 38, initial bout of selling brought it down to 35, now the relief is terminating and the idea is to catch the next wave down, driven by a second wave of selling. Stop in place in the event of the 2nd wave does not emerge at this juncture, or not at all.
Stocks seldom survive a shock event like the gap down and huge volume selloff of last week and repair quickly to resume thier uptrend.
Might close the gap at 42 but I leave little room for error if it does i am out well before.
Ultimate target 32-33.