A Wyckoff Student Notebook

Discussion in 'Trade Journals' started by Onepoint272, Apr 27, 2016.

  1. Rock Sexton

    Rock Sexton Meat Popsicle

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    @Onepoint272 if I could ask a favor - what is the PnF count for this recent 3 week consolidation on ATUS?

    I don't have the package on TradingView that allows intraday PnF and I'm assuming the 4 hour look gives better detail than the daily.
     
  2. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    The Gold:Silver ratio is now at a 26-year high. An ounce of gold will now buy 90 ounces of silver. To put that in perspective, back in the day of my avatar (1925), an ounce of gold was $20 and an ounce of silver was $1. For those who are not familiar, when the ratio peaks both gold and silver have historically rallied, especially silver.

    upload_2019-6-4_23-9-21.png
     
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  3. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    @Rock Sexton , here ya go...ATUS with 195-minute data (2 bars per session). The 14-period ATR was only telling me to reduce the box size from about 50 cents (for daily) to 40 cents (for 195-min). The base count target went up from $38 to $47.20.

    upload_2019-6-5_0-2-11.png
     
  4. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Here is 65-minute data with a 20-cent box:

    upload_2019-6-5_0-13-10.png
     
  5. Rock Sexton

    Rock Sexton Meat Popsicle

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  6. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Yeah I know, I have, and I had feeling it would break 30 but I didn't take action. Looks like its gunning for 34. The base count gave 39.50 and that last re-accumulation gives 45.

    upload_2019-6-6_22-28-13.png
     
    #586 Onepoint272, Jun 6, 2019
    Last edited: Jun 6, 2019
  7. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    On the brighter side, SBUX continues to march higher for us.

    Daily bars:
    upload_2019-6-6_22-41-7.png
     
  8. Unicorn Dreams

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    ATNX blasting off close to the POC already didn't get in unfortunately, what a nice bounce off the creek though.
     
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  9. Rock Sexton

    Rock Sexton Meat Popsicle

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    $GSHD

    PnF: 32 + (17 x 0.5 x 3) = $57.50

    GSHDwyk.JPG

    GSHDpnf.JPG
     
  10. Rock Sexton

    Rock Sexton Meat Popsicle

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    Man $DISH finally popped to around $38.40. Just wish the damn thing would hold it's gains better today. I previously noted the $39.00 level as near term resistance, but didn't think we'd see this much. Somebody is sitting on the ask at $38.99 with a 100 sized blocked.
     
  11. Jrich

    Jrich Well-Known Member

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    I gave in and sold mine last week.. watching my p/l numbers dropping daily, i felt compelled to take a profit on somthin
     
  12. Rock Sexton

    Rock Sexton Meat Popsicle

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    That right there does it EVERY time ..... watching the damn PnL #'s. It spooked me out of a couple of positions (not SBUX) early last week during the market pullback. You'd think we'd know better by now.
     
    #592 Rock Sexton, Jun 7, 2019
    Last edited: Jun 8, 2019
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  13. Rock Sexton

    Rock Sexton Meat Popsicle

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    Welp, now I know where that random pop came from this afternoon when it jumped to almost $39. I suspected Verizon in my post, but looks like AT&T is making it be known .....

    AT&T open to idea of merging DirecTV satellite business with Dish, report says

    https://finance.yahoo.com/m/51937077-ec02-3392-bd8b-d0f91e21ec84/at&t-open-to-idea-of-merging.html?.tsrc=rss
     
  14. Jrich

    Jrich Well-Known Member

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    we always know better looking back
     
  15. Jrich

    Jrich Well-Known Member

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    :eek:wow!... that's nuts!

    I was a installation tech for both DTV and Dish for about 6 years back in my 20s, never thought id see this day
     
  16. Rock Sexton

    Rock Sexton Meat Popsicle

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    $CTLT
    • Recent $2 million insider buy
    • PnF measurement 43.75 + (17 x 0.75 x 3) = $82.00
    CTLTinsiders.JPG

    CTLTwyk.JPG

    CTLTpnf.JPG
     
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  17. Rock Sexton

    Rock Sexton Meat Popsicle

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    Also adding Under Armor to the list - both $UA and $UAA.
     
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  18. Rock Sexton

    Rock Sexton Meat Popsicle

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    Probably going to regret this, but I sold my latest round of NVTA @ 20.40 after sitting on some shares for a few weeks that I re-bought at $18.33.

    I love opportunities like these where they repair gap-downs - particularly that long upper wick at the beginning of May. When you see a candle with a wick like that, it's a direct sign that the market got away from the market makers and they will look to re-test it when the volume dries out. A lot of secondary tests play out there.

    Notice the backtest of May's most active price (red line), which is basically a "back up to the creek (BUC)" and then wham - upside.

    NVTA6-10.JPG
     
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  19. Rock Sexton

    Rock Sexton Meat Popsicle

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    Welp, she gapped up today over the important 50 level and currently 52.80 (+7.8%). I really don't wanna chase this up, but may have to.

    Shutterfly Stock Snaps Higher on Reported Apollo Bid
    https://www.thestreet.com/investing...id-14985802?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
     
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  20. Rock Sexton

    Rock Sexton Meat Popsicle

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    Some wacky shit going on there in SFLY during the last 5mins. A massive volume spike with a range of nearly $47 to $55.
     

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