Popped in to check in on MCP and found that my buy limit filled
at 9.20. Nice backtest of previous resistance. Playing
this for a bounce only. There is some +div on the MACD histo
and some forming on the MACD.
remember - entering a position is Always easier than exiting
it
right now volume is great on MCP, but also be aware that it's a
very volatile sucker, keep some if you want, but I would still
think about taking something off the table, then keep the rest with
a stop, however realize that because it is so volatile, a stop
would have to be wide to give it wiggle room. Currently the 9 EMA
is support - a confirmed cross below the 9 EMA would set the stage
for a test of the 20 MA
Yeah, that's the million dollar
MCP - 60 min
Posted by pebs on 10th of Dec 2012 at 11:28 am
Yeah, that's the million dollar question. Now waiting for a pullback on this (if it comes).
MCP - 60 min
Posted by pebs on 27th of Dec 2012 at 04:23 pm
Popped in to check in on MCP and found that my buy limit filled at 9.20. Nice backtest of previous resistance. Playing this for a bounce only. There is some +div on the MACD histo and some forming on the MACD.
Hope some of you caught
Posted by pebs on 2nd of Jan 2013 at 10:08 am
Hope some of you caught this one. Nice move today. No doubt helped by the market, but I think the pop was coming anyway.
pebs - nice chart on
Posted by steve on 2nd of Jan 2013 at 10:09 am
pebs - nice chart on MCP you pointed out last week.
remember - entering a position
Posted by matt on 10th of Dec 2012 at 11:41 am
remember - entering a position is Always easier than exiting it
right now volume is great on MCP, but also be aware that it's a very volatile sucker, keep some if you want, but I would still think about taking something off the table, then keep the rest with a stop, however realize that because it is so volatile, a stop would have to be wide to give it wiggle room. Currently the 9 EMA is support - a confirmed cross below the 9 EMA would set the stage for a test of the 20 MA
Good advice. I just put
Posted by hirahara on 10th of Dec 2012 at 11:47 am
Good advice. I just put a sell at 10.70 as that area looks like a stopper. Who knows. I am a newbie
Out. What a great run.
Posted by hirahara on 10th of Dec 2012 at 12:38 pm
Out. What a great run. Thanks for all the help