Friends,
NOT ONLY DID THIS IDEA NEVER FALL INTO PLAY WHERE YOU COULD ACTUALLY SHORT IT, BUT THERE WAS ACTUALLY A GOOD LONG OPPORTUNITY.
This is an idea a while ago where I suggested shorting at where the small yellow rectangle is on the chart.
I've spent a lot of time shorting this stock going well back into last year. My 1st short was on 26.11.2014 on confirmation of the bearish harami star or evening star, and the breakout i wanted to see. The 2nd short was taken on 29.12.2014 and terminated on 21.01.2015. Now i'm looking for a third short! This doesn't happen often
( in the first trade instance, i was out on 09.12.2014 due to the bullish kicker signal in the o.s condition. In the second instance I was out on the 21.01.2015 due to price breaking above previous days open. Which indicated to me that a candlestick signal of some type could now form and cause buying along with os stochastic)
Any who, I don't think the stock is done yet. I still think there's more downside I don't think we're done here.
NOTE: this stock is NOT ready to short right now, this is just a stock you should keep on your stock watch list anticipating a short in the near future.
Might never be ready for execution. But seems to me its worth a watch for a strong short. If does short anticipating target of blue rectangle.
NOT ONLY DID THIS IDEA NEVER FALL INTO PLAY WHERE YOU COULD ACTUALLY SHORT IT, BUT THERE WAS ACTUALLY A GOOD LONG OPPORTUNITY.
This is an idea a while ago where I suggested shorting at where the small yellow rectangle is on the chart.
I've spent a lot of time shorting this stock going well back into last year. My 1st short was on 26.11.2014 on confirmation of the bearish harami star or evening star, and the breakout i wanted to see. The 2nd short was taken on 29.12.2014 and terminated on 21.01.2015. Now i'm looking for a third short! This doesn't happen often
( in the first trade instance, i was out on 09.12.2014 due to the bullish kicker signal in the o.s condition. In the second instance I was out on the 21.01.2015 due to price breaking above previous days open. Which indicated to me that a candlestick signal of some type could now form and cause buying along with os stochastic)
Any who, I don't think the stock is done yet. I still think there's more downside I don't think we're done here.
NOTE: this stock is NOT ready to short right now, this is just a stock you should keep on your stock watch list anticipating a short in the near future.
Might never be ready for execution. But seems to me its worth a watch for a strong short. If does short anticipating target of blue rectangle.