I saw Razor and qiqiapr have been active on POT today and I figure I should have a daily post here just for any folks who might be interested in posting real time trades. I myself will be very busy with my day job for the foreseeable future, but will try to do as much as I can. So far I did a couple of quick AAPL scalping from the short side for some beer/Scotch money, just hopeless.
thank you Wabbit. I didn't thought POT was so strong. So I got stopped out. But it may saw resistance here, right?
ReplyDeleteor, that island reversal became valid?
ReplyDeleteand I shorted MA here, down channel formed last week, up too sharp, now below 50ema. Target maybe 170 and 145. Also jaso, CMG from yesterday. They have similar setup.
ReplyDeleteI am very good. I hope you can give me comments.
I mean "I am NOT very good. I hope you can give me comments."
ReplyDeleteqiqiapr:
ReplyDeleteRegarding POT, I thought you took a measured move and showed discipline with the stop-out, was good! I myself will not short it, unless it pops near 150 (speculative SW-S3, stop just above the high).
MA: technically it is quite strong, even though it is below MA50, it is above MA10 with momentum poised to turn positive on the daily chart; candle formation (the length of bullish candles) is also bullish. My IT (before FOMC decision) is 180. Before careful its ER on Jan. 31 BMO.
CMG: very good entry point! it could be a big winner, but you might be a bit early, good thing is stop is close and very defined. I have been watching it for a while now, but yet to act on it.
JASO: very good entry point, again could be a big one!
don't take my quick 2cents too seriously, ok?
Well the market went up on financials and vapours today, many noticable non particpants. It was a really feeble and boring attempt at a selloff, the longs didn't give in. Still have intc and etfc longs, basically out of the market, my strategy is to not be diversified!
ReplyDeleteqiqiapr, I may be wrong but ma just filled a huge gap and is in an uptrend, jaso just triple bottomed at 48 so I hope your shorts don't blow up. I figure the market has to go up approaching the upper channel before it goes down again if that was not the bottom, just my take.