StockFetcher Forums · General Discussion · Just a Heads Up lV<< 1 ... 5 6 7 8 9 ... 41 >>Post Follow-up
EWZuber
1,373 posts
msg #58137
Ignore EWZuber
12/14/2007 2:32:05 PM

H&S type pattern set up on the COMP 5 min chart and price is sitting dead on the neckline now.

nikoschopen
2,824 posts
msg #58138
Ignore nikoschopen
12/14/2007 2:39:52 PM

Based on those patterns, what ure outlook for this afternoon? Up or down?

nikoschopen
2,824 posts
msg #58139
Ignore nikoschopen
12/14/2007 2:48:59 PM

Timberrrrrr!!!!

EWZuber
1,373 posts
msg #58140
Ignore EWZuber
12/14/2007 2:51:22 PM

And there it goes.

EWZuber
1,373 posts
msg #58141
Ignore EWZuber
12/14/2007 3:10:13 PM

COMP'QQQQ bouncing off of the LoD. Seems futile and its the 11th hour before the 15 DMA is broken as support.
A good place to cover a ST short.

EWZuber
1,373 posts
msg #58144
Ignore EWZuber
12/14/2007 3:20:22 PM

LoD taken out big time!

nikoschopen
2,824 posts
msg #58145
Ignore nikoschopen
12/14/2007 3:23:43 PM

By no means is this over! I suggest that you get out at MOC.

EWZuber
1,373 posts
msg #58146
Ignore EWZuber
12/14/2007 3:24:16 PM

This will likely have LT implications, causing severe technical damage to the Weekly Chart accumulation phase and confirming the 25 WK.MA as resistance.


EWZuber
1,373 posts
msg #58147
Ignore EWZuber
12/14/2007 3:34:33 PM

nikoschopen, I'm not trading this. The place to short this was at the double top pattern at the HoD ~$51.50. However, not knowing if that was going to hold as the top through the rest of the session I had to pass it up.

nikoschopen
2,824 posts
msg #58148
Ignore nikoschopen
modified
12/14/2007 3:38:42 PM

WTF! I'm seeing a deja vu!

Considering that it's Friday, we might get a sharp selloff before the close. Gggrrrr!

StockFetcher Forums · General Discussion · Just a Heads Up lV<< 1 ... 5 6 7 8 9 ... 41 >>Post Follow-up

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