|
|||||||
|
Ohhhh, nice stick save right at support. Getting close to a shit-or-get-off the pot moment. If support fails, then $3xx handle would be sweet to flush any hope of the uptrend resuming.
|
| 02-26-2013, 11:30 AM | |
|
|
|
Negatives: Volume has been steadily dropping since the bounce in November failed to hold. Basically means the sellers are in charge until a change in trend. Also, it's still stuck in a down channel which has been resistance 4-5 times. Still no shorts. Most likely it moves sideways until it hits that trendline. Failure to break means more of the same - maybe a gap down to new lows. A break, retest and hold with good participation could mean a strong reversal to the upside. Always play it assuming you're wrong. I got stopped out on my trade on that gap fill but still made enough for a nice steak dinner so I cannot complain. |
|
|
Ugg, just die already! Lol. These no volume bleed outs are the worst. I expected a capitulation after that $430 breach, but this is ridiculous. Best hope now IMHO is a failed move down below critical support to get a fast move in the other direction.
Short sellers. Thanks for nothing! "Value investors." You never existed in the first place. Have the fundamentals on paper for this company changed drastically since a now 40% haircut? Please. |
|
http://"Value investors." <br /> ...y-at-53-4/ A 3% yield occurs at $353. More pain to come? |
|
|
Either you play that the market is efficient and that everything that could be priced in has been...or...the market is dumb, inefficient and so it's the blind-leading-the-blind and just wanders about for no rhyme or reason. Either way, there's simply no edge offered by "news." I'm particularly drawn to this stock's performance because it's such an important learning lesson in market psychology. Last edited by barnz008; 03-04-2013 at 12:17 PM.. |
|
|
Quite the arbitrage opportunity drawing near. How wicked is that this peaked at parity!? Amazing.
Google priced in Apple. ![]() OTM GOOG puts while accumulating AAPL? |
|
I think you should probably not give your money to strangers.
http://tech.fortune.cnn.com/2013/...ish-cross/ Last edited by WildChickenDanc; 03-04-2013 at 09:00 PM.. Reason: Automerged Doublepost |
|
|
|
|
|
|
| Thread Tools | Search this Thread |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Rate My Stock Portfolio | SP33DFR34K | Finance | 17 | 05-29-2012 12:51 PM |
| Apple stock only $350 in after hours trading | mustardayonnais | Finance | 77 | 03-30-2012 07:11 AM |