FOLD - Chart Link - showed up today, large
purchase by a fund at $12 on Sept 12th. Technically it's in a
downtrend but has a wedge like pattern. I would prefer that
it had MACD divergence though ti did have a CCI
spike.
no great reason really, I would have preferred to see a MACD
divergence at the lows, but it had a CCI spike. I'm a bit
picky right now, I have too many positions, something like 30
stocks, gets way to hard for me to manage, I need to trim away a
lot of these as it is. I already own like 15 of the insider
plays as it is, been scaling out but have runners. So that's
all really, no glaring technical reason I just have too many
positions.
FOLD new insider play
Posted by matt on 14th of Sep 2018 at 12:33 pm
FOLD - Chart Link - showed up today, large purchase by a fund at $12 on Sept 12th. Technically it's in a downtrend but has a wedge like pattern. I would prefer that it had MACD divergence though ti did have a CCI spike.
I set an entry at
Posted by shinkans3n on 19th of Sep 2018 at 10:43 pm
I set an entry at $11.85 today and got into this trade.
You mentioned in today’s letter that you’re still monitoring this one.
Do you often set automatic entries or do you set alarms and use discretion/lower timeframes for entries?
PS you guys have been posting killer trade ideas lately. Thanks for all your hard work!
no great reason really, I
Posted by matt on 20th of Sep 2018 at 09:27 am
no great reason really, I would have preferred to see a MACD divergence at the lows, but it had a CCI spike. I'm a bit picky right now, I have too many positions, something like 30 stocks, gets way to hard for me to manage, I need to trim away a lot of these as it is. I already own like 15 of the insider plays as it is, been scaling out but have runners. So that's all really, no glaring technical reason I just have too many positions.
also thanks a bunch for the nice feedback!
nice gap on FOLD for
Posted by matt on 20th of Sep 2018 at 09:42 am
nice gap on FOLD for you, up 6.3%,
Now up 9.4% Great call on
Posted by shinkans3n on 20th of Sep 2018 at 10:19 am
Now up 9.4%
Great call on this one ðŸ‘