Hair, just got off of IPO lock up expiration period, with initial stock holders bought at $7, now price action is around $5. These insiders will not SELL with a $2 loss and buy more to force price action up. Jump on bullish ride. Bought 200 shares at open today or $5.10, will keep until at least $7 or $380 profit. Just a small win, but should be this month or early May.
Trust Gann Fan. Just wait and watch at this time...
Need to look for these type of patterns on daily and weekly, to always keep big picture in MIND and then trade smaller picture of each stock chart.
Entercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others. As of February 20, 2018, it had a portfolio of approximately 235 radio stations, digital platforms, and...
Please look into this penny stock further if you decide to invest in VTVT. This stock is at a all time low and strong support area (around $4.00). Next scheduled earnings report is on 5/2/2017. Wait for a blow off candlestick going now downwards and reversal on daily (Harami, Engulfing or Pin-bar) candlestick pattern to go Bullish. F.Y.I.-- Most brokers forecasts...
If you are interested in buying stock and/or call bull credit spreads, this is time. Right away earnings and price action is a a major support of $13. Enjoy.
See chart, it is all about the angles, cloud, BB indicator and resistance/support levels...watching now. Remember, every 0.01 move equals $1, so I keep my stop loss at $1.00 or $100 from all entries. Hope for $1350+ to exit
Price action is at lower edge of SUPPORT on cloud indicator, bought one contract at 1345.5 with stop 1344.5... watching now. On 1st trade lost $100.
IPO lock up expiring this week and now all of the initial public offering stock $12.00 per share, at 2,000,000 shares have LOST half of their money. OUCH!! What do you think the psychology of these INSIDERS are, to hold or to sell? or buy more? at $6.00? now I believe that per the chart, NOW is great time to BUY. Why? Last three...
It is all on the chart, will retrace up and fill GAP made and hit fib. ret Golden Ratio of 0.618 (or 270.62) today. Price action is always #1, what eyes see. Also, on every chart, especially long time frame ones, LOOK LEFT. History sill give your a heads up on future price action.
Gann Fan will give you trend lines, which price in any long term trends should respect (in between 30 to 45 degree) is best for continuing a trend. Also, we retracements do happen (see chart) 45% degree makes for great counter trend trading. Two areas on noted GC daily chart. If you would like future information of Gann Fan, please google: Gann Fan pdf, then...
After IPO lockup expires on 4/23/18, INSIDERS will be holding the BAG with 2,000,000 shares at $12.00 per shares. PA now is $6.32,with a DOJI candlestick on daily (today) price action. This stock only has upward bullish potential for next few months and/or rest of year. QUESTION: If you were an INSIDER with $12.00 shares, would you sell at $6.32............NO...
See Chart for details. Get time to get into a bullish trade at around $92 area or lower ($90). Then except a move up to at least $98, with would give you minimum of a 3 (REWARD) to 1 (RISK) or 3:1 ratio of return on your money. Just set your stop lost at $90 or $2 below entry, then go $6 above entry PA. "W" patterns (as in yellow square) is very good sign of...
Because of a potpourri of Geopolitical issues, people put more money into GOLD on Friday's, just in case things happen over Weekend. Have A Great Day.
Chart has my view on SNAP and bullish targets for rest of 2018, will continue to use bullish option spreads and/or write covered calls at this time.
One of the stock will might be in play for a Friday and will be watching.....larger time frame charts will give you more clues/evidence on any stocks.
Today we are reviewing one of the more iconic relationships - the link between equity (stocks) and debt (bonds). The big difference between stocks and bonds is that people who buy shares of stock are owners of the company while people who buy bonds are lending the company money. Generally, buying stock let’s you participate in the success or failure of the...
Would be selling stock and/or doing Bearish Put Credit Spreads, until around $45 area. DAL has earnings report scheduled for 4/12/2018 (FYI). Daily Bullish and/or Bearish Head & Shoulder patterns are powerful and should be respected. Good luck and Good trading.