TSRA Squeeze

wiesman02 · Feb 26, 2008

Beginning to watch TSRA very closely, as I'm hoping to get in if there's any type of a short squeeze.

Anyone else think there will be a squeeze today ? Could be quite profitable if there is.

mschey · Feb 26, 2008

Let us know when you get in, will ya?

wiesman02 · Feb 26, 2008

I'm in

mschey · Feb 26, 2008

What are you thinking for a stop?

wiesman02 · Feb 26, 2008

A break of the 20 period MA on the 1 minute candle chart, and I'm out

balda · Feb 26, 2008

Quote from wiesman02:

A break of the 20 period MA on the 1 minute candle chart, and I'm out

What is "A break" a tick below it or close?

mschey · Feb 26, 2008

How did you end up, looks like you might have made a good trade...congrats!

wiesman02 · Feb 26, 2008

Quote from balda:

What is "A break" a tick below it or close?

Sorry, I used a 1 min candle chart. A 'break' for me is when price closes below the 20 period MA. Usually, I dont use that as a stop, but its usually a good indicator for me when buying into squeezes.

wiesman02 · Mar 4, 2008

Once again, we have a nice candidate for a squeeze. Same type of play as last time.

Last time the squeeze came around 1:00. We'll see when / if it comes today.

Should be good for some nice upside if you didnt' already catch the downside movement.

DisciplinedHedg · Mar 4, 2008

Quote from wiesman02:

Beginning to watch TSRA very closely, as I'm hoping to get in if there's any type of a short squeeze.

Anyone else think there will be a squeeze today ? Could be quite profitable if there is.

Are you reading the chart upside down?