GPRO peaks at 98.47, divided that by 2 we get 49.235. What the heck, we are now at this level!!! I hope you did short some 17 days ago :-) It has made another lower low with potential divergence in MACD. Besides, i see some panic selling in the volume spike. Getting ready to Long Gann was a very good at 50% important level.
Comments
lmsmith
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Hello hope all is well with you in the trading world.
Today I bought GPRO 49.82, I am aiming for about 2.50/share on this trade
jangseohee
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Hey Imsmith, it's been quite some time since i hear from you
doing good if you follow up post on NFLX :-)
taking a bet on long EURUSD...
anything you need to discuss in more detail, feel free to PM me :-)
I hope you have gain more insight on your trading experience
lmsmith
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Yes, your NFLX trade excellent! Since I haven't attempted in trading options yet, I will always miss out on those lovely Big boy stocks. I trade within a max price of about $120, I find the higher priced stocks, moves funny (wide spreads) and crazy day trading range, So I stay away. I was held up in KITE for a while after I covered half my position on the same day I shorted. I held the rest only for it blow way into space (laughs) I ended up averaging in at a higher price. I was able to get nearly 8/share gain on it. It is still falling, but I was ready to move on and free up some capital.
DPZ, I am still watching, Finally broke the straight line trend, looks like some distribution going on (but what do I know) maybe it finally ready to break down
jangseohee
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i had a initial bad trade of catching DPZ, it gap higher and i closed, then i shorted again
KITE is one of the stocks in XLV & IBB, really to be demolished.. too euphoric
Today I bought GPRO 49.82, I am aiming for about 2.50/share on this trade