Get started

Dowsing

BXRX FDA approval lotto playThis idea comes from recent success in a Sprint trade. It was slow in coming, but it did come through very successfully, which is the impetus for this idea of "reading" tickers with binary events. This is purely a news driven idea in which there is no technical reading of the chart what-so-ever. I have no idea if this will be correct, and am really using this platform for journaling & finding others who use similar methods. I'm getting the tickers from a freely available online calendar with the PDUFA dates. I use a pendulum and cards I made up to gain information on the "energy" of the situation. Anyone doing anything similar, please contact me to share information. I'm definitely on the fringes here. BXRX has a deadline for an FDA approval tomorrow (2/20/20). My indications are that it is APPROVED. I don't read about the details of the application and I don't care, although reading it may help my insomnia ;) BXRX is currently trading at the LOD $7.88 - 5.97% Indications are it could go up to $9.14 The ATH is $9.60 We shall see...
BLong
by JenRz
5
IRBT Shorts "Sweep" in the Cards?IRBT - I'm expecting a move up. What I like: - Half-assed inverse head and shoulders on a daily - Start of an uptrend (albeit disorganized and choppy) - Relative strength with the indexes down over 1% - Holding closest symmetry support at $50.20 - Cluster of symmetry support from $47-48.33 with the uptrend line -786 fib retracement at $49.31 - Big ass gap above Beyond the technicals, my intuitive/dowsing approach is hinting at a short squeeze and move higher; and with 50% of the shares shorted (as I understand it), that could be F-U-N!
NASDAQ:IRBTLong
by JenRz
OSK BTD off Symmetry SupportThis came to me in meditation, and this is a good thing, usually. The chart is ugly with no great trend, but this is what I'm given. I do technicals and then a "reading" with my pendulum and cards. What I'm seeing: - weekly timing just counting bars, and it appears to be in a weekly timing window. - 200 EMA at $83.42, 50 week MA $82.45, weekly ATR trailing stop just above there and Symmetry support at $81.76 - I like the zig zag pattern down. - The "reading" indicates we expect to dip below last week's low ($83.62) and reverse. I feel good about the message and the way it lines up with the technicals. I'm looking for a 5% gain this week ($86.55 from entry) and then I'm out. - Entry ~ $82.43 near 50% retracement - Stop is a daily close below $81.76 (sym. support)
NYSE:OSKLong
by JenRz
1
FIZZ back to buoyant?First post here. FIZZ keeps catching my eye, so I notice today it's broken some bearish symmetry resistance. I'm not even an Elliott wave novice, but it looks like 5 waves down and breaking the downtrend lines. The dowsing I do suggests a trend reversal in the works. Symmetry resistance coming up at 45.28. Wouldn't be surprised at a slight retrace around there. At the moment (2/14 1:30) symmetry support is at $43.91 and $43.44 and that would be a good entry zone if it holds. Stop out if it's going to close the day below $43. Hold time is ~5.5 weeks with target of $51.33
NASDAQ:FIZZLong
by JenRz
7
ESNT more like, DSNTLooks like break of a neckline on a weekly and daily chart. A sloppy head and shoulders. Symmetry support held at $48.15 this morning after earnings, but my dowsing suggests selling rallies with a trend reversal, and that ESSENT is in DESCENT. 2 Bar daily squeeze likely to fire short, and I expect downward pressure on indexes, so this looks like the beginning of a downtrend. I wouldn't want to see it close above it's 20 period daily MA (now at 51.30), but stop at $52. Entry anywhere under there. Hold ~9 weeks. Target $34.38 area
NYSE:ESNTShort
by JenRz