ok, this is too seductive!... i had to cop a feel! One of two things will happen... either ill learn my lesson, to ignore the shiny object... or ill FINALLY make some money after breaking even 3 trades in a row RH went on to make about a 50% gain after this identical chart action that BBRY is mirroring now... so if this reflection phenomenon continues, that puts a target about $14.25 for BBRY Btw... is this a thing??... is there a term for 2 charts that mysteriously mirror each other???
anybody catch that $5 rip on CAR when it broke? I had it on watch from consolidation signs last week but didn't take it,
Good luck @Jrich. I like that you're willing to share when you enter a trade. Lots of people only like to mention their winners at a later date, so it takes balls to let people know ahead of time so if you lose your open to criticism. Not that anyone here would criticize, but you get the idea. Hope the trade works out for you!
This is all I found so far. http://timesofindia.indiatimes.com/...rger-approval-report/articleshow/59325498.cms Looks like more and more rumors of the merger being approved. Only took 2 years
https://seekingalpha.com/article/4083915-rite-aid-merger-sunk On the other hand you have articles like this coming out too. Who knows what to think. I'll be watching from the sidelines.
Wow what a move by RAD Seems like some chip names are underperforming the market today, tech names are vulnerable for profit taking now after such a great run so far this year
Actually, i kinda hope for criticism Criticism is a good thing, without it no one improves at anything In a world full of people who would rather be wrong than corrected, im the opposite ... id rather LOOK stupid than BE stupid
QQQ could not make halfback of 6/9 (I use high and close, rather than high and low) SPY cannot exceed the 10 ma after recently hitting RSI 70.
$2B market cap, and authorized to buyback $700M, that's possibly 35% of shares right now. And the shorts are covering. We'll see if this rotation can keep us up...I liked it better when tech was leading.
Banks having a great day while tech is underperforming I wonder if we have seen the top for tech this year
