something to keep an eye on the next few days. This is mostly for my benefit so i remember all ive been watching, but i hope you can make money on it too :D
ascending triangle forming, possible swing trades
it'll either break up or down, i think closing tomorrow will decide
since there's no spike in volume, i think that is a hard get out signal.
so in the next day or two i predict this will bounce off the trendline or bust.. pretty self explanatory :p
so my thoughts on this now, im tired of losing money so im really trying to hammer this in, is that when the stock hits the trendline other traders wait to see a green candlestick after that as their signal to buy..
So, I thought it was good to buy the other day when in hindsight i think i should have waited for a buy signal, at least a candlestick, but uh, i should never have got to that part cuz my trendlines were just a little bit off and had already been invalidated
So it has gone into a steeper uptrend towards the end of the triangle.. I think that it may breakout even tomorrow. I'd keep an eye on it early in the morning
when this one touches the bottom and starts going up will be a good time to buy
This one looks like a good breakout candidate or at least one to swing the next few days, so long as it goes back up again. Remember, dont try to catch a falling knife
I pulled out of this one when i saw, while my trendline isnt the best, any way you slice it yesterday closed below the trendline and today the entire candlestick did.. I'm going to assume other traders are going to see this and lose confidence in it as i did, but we'll see. I think I learned a lesson in this tho. I was too eager to buy when I was not sure if it...
i noticed that when it dipped it went to a fibonacci level and also formed a bull flag.. you cant tell on this chart but this has formed a strong ascending triangle over the past year or so, and the 200 day moving average is strong support. I have stop losses at 2.40, five cents below the moving average today for fear of the smart money that takes advantage of...
so, i think this one is about to have a severe breakdown based on what i know.. give it a few hours.
This has to be a pump and dump, right? I think tomorrow or wednesday it should crash hard and then will be a dip buying opportunity.
so from what i know higher highs coupled with lower volume is bearish..