MIRM buy the dip pendulum pick
Updated
My psychic friend (whom I've mentioned in other ideas) suggested I look to a pharma stock, so I put in all of healthcare of optionable stocks on a screener & this is the stock my dowsing chose.
The message is that it's going to have some kinda dump. Maybe a downgrade or something that sends it possibly as low as $33.
The zone of $35-36 came in as well. I suppose it's possible the $33 could come in the globex session cuz I've had that before. The main idea, however, is to buy this dip as it should reverse back up somewhat quickly. The date of the potential low is the 29th. That is the date I get to take some action on it, so we'll see.
Over the next couple months I believe this could continue to rise and the target I get is up at $57. Seems ambitious, but it does happen, so I'm just reporting what I get & you can be the judge.
I ask for when this might hit & get Oct. 23rd. I don't have tons of faith this is how it will shake out, but those dates are relevant sometimes.
So, watch and see!
The message is that it's going to have some kinda dump. Maybe a downgrade or something that sends it possibly as low as $33.
The zone of $35-36 came in as well. I suppose it's possible the $33 could come in the globex session cuz I've had that before. The main idea, however, is to buy this dip as it should reverse back up somewhat quickly. The date of the potential low is the 29th. That is the date I get to take some action on it, so we'll see.
Over the next couple months I believe this could continue to rise and the target I get is up at $57. Seems ambitious, but it does happen, so I'm just reporting what I get & you can be the judge.
I ask for when this might hit & get Oct. 23rd. I don't have tons of faith this is how it will shake out, but those dates are relevant sometimes.
So, watch and see!
Note
this is already moving up. I ask what's up and get that the 29th is a big high, then it could go down from there. I do better asking about things in the near future, so I'll ask again on Friday to get more clarity.Note
This is certainly taking it's time, but it's fine. I'm just going to stack ideas and create a pipeline of stocks with alerts at certain levels & dates. I'm beginning to think this isn't anything to consider until that Oct. 23rd date. The 29th was one day late of the swing high, but at least I figured out it was going back down. So will wait for alerts to trigger & check in closer to the October date.Note
Seems like this is coming to life for this month. Maybe it's up into the Oct. 23rd date. I like it.Trade closed: target reached
So the 23rd was the low before it started making it's move up. Low to high was 25%. I wasn't in it & forgot to check on the 23rd cuz life was busy, but it seems like dates are really relevant.Note
Oh, the number 33 I believe was actually talking about points up from where price was at the time of the original idea posting, as the swing high was in that kind of zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.