drmolar - ACHN had a 15% move in one day on a new spike,
always sell those big moves, my rule of thumb, if I get an 8
- 10% move in one day, I'm out, see ya.
On the positive side, the volume patterns are still OK as the
volume has been very light on the pullback, but I would use a 60
min chart or intra day chart for signs of a reversal.
congrats to anyone who bought ACHN! The inverse H&S
pattern was nearly hit on the spike in one day! This was
posted before it broke, I hope more the dmolar and myself caught
it
yep like I said, don't be shy locking in profits and if you get
a 10% move in one day, always always lock something in, of course
ACHN was up over 15% at one point, but always always lock gains in
if you get that kind of move in one day, especially a counter trend
Long play in a market that is weakening
ACHN
Posted by drmolar on 5th of Jul 2011 at 10:35 am
Has performed poorly since its rocket ride breakout. Is it finished?
drmolar - ACHN had a
Posted by matt on 5th of Jul 2011 at 10:52 am
drmolar - ACHN had a 15% move in one day on a new spike, always sell those big moves, my rule of thumb, if I get an 8 - 10% move in one day, I'm out, see ya.
On the positive side, the volume patterns are still OK as the volume has been very light on the pullback, but I would use a 60 min chart or intra day chart for signs of a reversal.
congrats to anyone who bought
Posted by matt on 8th of Sep 2011 at 02:01 pm
congrats to anyone who bought ACHN! The inverse H&S pattern was nearly hit on the spike in one day! This was posted before it broke, I hope more the dmolar and myself caught it
quick hit and run
Posted by dylan398 on 8th of Sep 2011 at 02:59 pm
quick hit and run
yep like I said, don't
Posted by matt on 8th of Sep 2011 at 03:13 pm
yep like I said, don't be shy locking in profits and if you get a 10% move in one day, always always lock something in, of course ACHN was up over 15% at one point, but always always lock gains in if you get that kind of move in one day, especially a counter trend Long play in a market that is weakening
I got a piece between
Posted by frtaylor on 8th of Sep 2011 at 02:02 pm
I got a piece between 6.35 and 6.80.