(2014-05-11, 11:10 PM)shaunattwood Wrote: love the run up on PGTI, what a great short, also like your chart of AMZG, but these 2 are hard to borrow to short
(2014-05-12, 02:42 PM)shaunattwood Wrote: TNGO back at its neckline?
I make the 4A breakdown point a bit higher when it closed below $16 in April, as it formed a higher Stage 3 range after that initial collapse in November, and then the 30 week MA turned down in March. So I'd say the neckline is up around the $16-$17 zone as it made three swing lows in that zone, and hence should provide the best resistance imo. Also, Friday's candle was a big reversal.
Attached is the charts
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Cheers
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
with DOW and SPX hitting new highs and NASDAQ back above its 150 day ma, I've took profits on shorts and now looking at longs
(2014-05-12, 03:00 PM)isatrader Wrote:
(2014-05-12, 02:42 PM)shaunattwood Wrote: TNGO back at its neckline?
I make the 4A breakdown point a bit higher when it closed below $16 in April, as it formed a higher Stage 3 range after that initial collapse in November, and then the 30 week MA turned down in March. So I'd say the neckline is up around the $16-$17 zone as it made three swing lows in that zone, and hence should provide the best resistance imo. Also, Friday's candle was a big reversal.
Attached is the charts
P.S. When you reply you don't need to include the previous post if it's not a specific quote. So use the "New Reply" button at the bottom right of the thread, or the "Quick Reply" box at the bottom when it's a new post please.
(2014-05-12, 03:16 PM)shaunattwood Wrote: with DOW and SPX hitting new highs and NASDAQ back above its 150 day ma, I've took profits on shorts and now looking at longs
Seems like a smart move in the short term for traders. I'm still 100% cash as market is still not suitable for investor positions that I look for.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
(2014-05-11, 04:05 PM)isatrader Wrote: Some US stocks for the long watchlist - EA, NLS, NNBR, MITL, ATSG, TSYS
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