kidding aside - again how you trade will be specific to you,
don't worry about what other people are doing. Someone might have
bought NINE and sold it already as a nice day trade
while some other person might have bought it thinking it could
be a good swing trade coming off a base with the MA ribbons
pinching
There are short signals on the daily chart for this system in TS
that have been 100% correct so far for NINE. On the other
hand there was a 123 buy signal yesterday that has not reached
profit targets yet. Those short signals on this system are
normally short term.
Agree, A pullback would be a good buying opportunity. The
only negative news has been a drop in earnings.
"This quarter, Nine Energy Service experienced a decrease in
earnings per quarter , which was $0.29 in Q4 and is now $0.01.
These 5 value stocks were selected by
Benzinga Insightsbased on quantified analysis.
While this methodical judgment process is not meant to make final
decisions, our technology can give investors additional perception
into the sector."
you day trader you LOL kidding
Sold most of NINE at 3.85.
Posted by matt on 30th of Jun 2023 at 01:45 pm
you day trader you LOL
kidding aside - again how you trade will be specific to you, don't worry about what other people are doing. Someone might have bought NINE and sold it already as a nice day trade
while some other person might have bought it thinking it could be a good swing trade coming off a base with the MA ribbons pinching
trade your plan
Weekly and Daily charts on
Posted by EdZ on 30th of Jun 2023 at 02:10 pm
Weekly and Daily charts on NINE look promising.
I agree that NINE looks
Posted by rbreese on 30th of Jun 2023 at 02:18 pm
I agree that NINE looks better but will get back on board on a pull back as we are outside BB now.
There are short signals on
Posted by EdZ on 30th of Jun 2023 at 02:57 pm
There are short signals on the daily chart for this system in TS that have been 100% correct so far for NINE. On the other hand there was a 123 buy signal yesterday that has not reached profit targets yet. Those short signals on this system are normally short term.
I like the Vol. --not
Posted by shellson2 on 30th of Jun 2023 at 03:15 pm
I like the Vol. --not a blowout by no means--but considering its a holiday wknd
Agree, A pullback would be
Posted by EdZ on 30th of Jun 2023 at 02:27 pm
Agree, A pullback would be a good buying opportunity. The only negative news has been a drop in earnings.
"This quarter, Nine Energy Service experienced a decrease in earnings per quarter , which was $0.29 in Q4 and is now $0.01. These 5 value stocks were selected by Benzinga Insightsbased on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector."
Good point that earnings are
Posted by rbreese on 30th of Jun 2023 at 02:56 pm
Good point that earnings are important.