LINU Can someone explain how a stock can move like LINU
has: That being, a 100%+ spike intraday on huge volume at least
three times since August, followed by an inevitable decline on
almost no volume,...reversing nearly 100% of that gain each time?
Just curious how/why a stock would trade like this. Was
in it for the 2nd spike and got lucky and out with 100% gain, but
am just intellectually curious about the trading pattern. Is
it manipulated in some way? Understand huge spikes due to
20-30 times avg volume, but why does the stock give it all back on
almost non-existent volume over the ensuing weeks?
How best to take this trade.............. Would you wait
for a break above today's high ($1.39) or buy now with a stop just
below today's low $1.16, the 9 ema? Or take a different
approach altogether?
Any idea if executives of these companies are cashing out
after they pop? Today's latest, LTEA closed yesterday at $2.44 and
shotup as high as $14.84 on "news" this morning. The news: they're
"still going to make iced tea" but are "evaluating business
opportunities in blockchain". Insanity reigns supreme, but
who's taking the bait? Talk about needing to be nimble!
Same candle as 6 days ago. Is there a technical reason
(divergence in the RSI 5?) to believe the action that follows won't
be lower again? I assume you are suggesting to watch for a
break of the trend line?
The "Trade Ideas" section is still there. You can find it
under the "Newsletter" tab. Also, if I'm not mistaken, as far
as I can recall, trade ideas have not been part of the Weekend
Newsletters (though sometimes Steve or Matt will post weekend ideas
in the Trading Community).
The link to GROW posted at 10:15am yesterday in the Trading
Community still comes up with a 404 error message; others no longer
do. Will check the insert key when I'm in my office this
morning. Thanks, James.
Finding the site filled with bugs today. Clicked any
number of links for a chart - receive error msg 404. Also,
can't insert a word when posting without writing over word that
follows.
Always more to a website re-design than you anticipate
upfront.
Happy Thanksgiving to the entire BPT team, their family and
friends...and to all the BPT subscribers who make up this diverse,
knowledgeable and amazing trading community.
Assume GDX was moving up early today based upon 'expectations'
of Fed statement. Perhaps that's an incorrect assumption, but
if no,t and hearing the Fed statement contained
nothing unexpected, why was a reversal in GDX
logical? Is there a technical explanation?
The community is delayed by three days for non registered users.
Sears says it will "consider
Posted by RichieD on 10th of Jan 2018 at 09:22 am
Sears says it will "consider all options". Maybe the idea of a SearsCoin isn't too far off the mark:
https://www.cnbc.com/2018/01/10/sears-lands-additional-financing-even-as-holiday-sales-disappoint.html
Can SearsCoin or CryptoMacy's be
KODK - moved higher in after hours with price currently ...
Posted by RichieD on 10th of Jan 2018 at 06:41 am
Can SearsCoin or CryptoMacy's be far behind?
LINU Can someone explain
Posted by RichieD on 2nd of Jan 2018 at 03:36 pm
LINU Can someone explain how a stock can move like LINU has: That being, a 100%+ spike intraday on huge volume at least three times since August, followed by an inevitable decline on almost no volume,...reversing nearly 100% of that gain each time? Just curious how/why a stock would trade like this. Was in it for the 2nd spike and got lucky and out with 100% gain, but am just intellectually curious about the trading pattern. Is it manipulated in some way? Understand huge spikes due to 20-30 times avg volume, but why does the stock give it all back on almost non-existent volume over the ensuing weeks?
How best to take this
GNCA Updated View
Posted by RichieD on 27th of Dec 2017 at 04:18 pm
How best to take this trade.............. Would you wait for a break above today's high ($1.39) or buy now with a stop just below today's low $1.16, the 9 ema? Or take a different approach altogether?
Any US counterparts? Or, do
Cobalt plays. Too bad Canadians are closed for business tomorrow
Posted by RichieD on 26th of Dec 2017 at 09:52 am
Any US counterparts? Or, do these trade OTC under different symbol?
Any idea if executives of
LTEA - today's blockchain darling (formerly a tea company). Be ...
Posted by RichieD on 21st of Dec 2017 at 10:59 am
Any idea if executives of these companies are cashing out after they pop? Today's latest, LTEA closed yesterday at $2.44 and shotup as high as $14.84 on "news" this morning. The news: they're "still going to make iced tea" but are "evaluating business opportunities in blockchain". Insanity reigns supreme, but who's taking the bait? Talk about needing to be nimble!
What are people thinking???? Or
LFIN is today's big blockchain mover
Posted by RichieD on 18th of Dec 2017 at 12:53 pm
What are people thinking???? Or are they? When the music stops, this will spell certain disaster for many.
Never mind; looks like it
ALT Daily View
Posted by RichieD on 13th of Dec 2017 at 03:18 pm
Never mind; looks like it just broke the downtrend.
Same candle as 6 days
ALT Daily View
Posted by RichieD on 13th of Dec 2017 at 03:16 pm
Same candle as 6 days ago. Is there a technical reason (divergence in the RSI 5?) to believe the action that follows won't be lower again? I assume you are suggesting to watch for a break of the trend line?
Perhaps the roller coaster has
BITCOIN MANIA / insanityfrom zero hedgeFor those keeping track, this ...
Posted by RichieD on 7th of Dec 2017 at 02:14 pm
Perhaps the roller coaster has gone over the top?
$19,000-$18,000: less than an hour
$18,000-$17,000: less than an hour
$17,000-$16,851 a few minutes
$16,851--back to the thin air it was created out of: ???????
Two comments: The "Trade Ideas" section
A pretty disappointing weekend reportUnlike one member who seems grateful ...
Posted by RichieD on 4th of Dec 2017 at 12:44 pm
Two comments:
The "Trade Ideas" section is still there. You can find it under the "Newsletter" tab. Also, if I'm not mistaken, as far as I can recall, trade ideas have not been part of the Weekend Newsletters (though sometimes Steve or Matt will post weekend ideas in the Trading Community).
Anyone positioning themselves or have
Posted by RichieD on 1st of Dec 2017 at 03:44 pm
Anyone positioning themselves or have an angle for a trade as we head into the weekend?
The link to GROW posted
Finding the site filled with bugs today. Clicked any number ...
Posted by RichieD on 28th of Nov 2017 at 07:01 am
The link to GROW posted at 10:15am yesterday in the Trading Community still comes up with a 404 error message; others no longer do. Will check the insert key when I'm in my office this morning. Thanks, James.
Finding the site filled with
Posted by RichieD on 27th of Nov 2017 at 12:38 pm
Finding the site filled with bugs today. Clicked any number of links for a chart - receive error msg 404. Also, can't insert a word when posting without writing over word that follows.
Appreciate the effort, Matt
New Website Video Walk Through
Posted by RichieD on 23rd of Nov 2017 at 12:50 pm
Always more to a website re-design than you anticipate upfront.
Happy Thanksgiving to the entire BPT team, their family and friends...and to all the BPT subscribers who make up this diverse, knowledgeable and amazing trading community.
Great story, Matt
Bitcoin crazy story
Posted by RichieD on 19th of Nov 2017 at 07:54 am
Remind him of that old Swiss proverb: "Better to sell with regret than to keep with regret"
Why logical sell off?
GDX logical sell off after FOMC
Posted by RichieD on 1st of Nov 2017 at 03:49 pm
Assume GDX was moving up early today based upon 'expectations' of Fed statement. Perhaps that's an incorrect assumption, but if no,t and hearing the Fed statement contained nothing unexpected, why was a reversal in GDX logical? Is there a technical explanation?
Trying to learn.
HTGM
Posted by RichieD on 26th of Oct 2017 at 05:21 pm
Chart link Looks like a near identical set up to when it rocketed higher 4 days ago
Not a big mover, so would you...
LIT
Posted by RichieD on 25th of Oct 2017 at 06:40 am
buy here with a stop below the 13 EMA or wait for a clear breakout?
Nice selection of charts. Thanks for posting.
JP
Posted by RichieD on 21st of Oct 2017 at 01:52 pm