johnpaulca
12,036 posts
msg #113893
- Ignore johnpaulca
modified |
6/4/2013 10:33:52 AM
looking at ADSK above $37.50....too thin
looking at LO above $43.42
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karennma
8,057 posts
msg #113894
- Ignore karennma |
6/4/2013 10:40:44 AM
b scty 38.81
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karennma
8,057 posts
msg #113895
- Ignore karennma |
6/4/2013 10:41:09 AM
i'm $1 LATE on scty
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johnpaulca
12,036 posts
msg #113896
- Ignore johnpaulca |
6/4/2013 10:47:09 AM
SCTY...is on the slide since open so be careful with going long for now.
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karennma
8,057 posts
msg #113897
- Ignore karennma |
6/4/2013 10:53:52 AM
scty stopped out @ 38.59
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karennma
8,057 posts
msg #113898
- Ignore karennma |
6/4/2013 10:55:30 AM
THAT party (scty) is over.
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karennma
8,057 posts
msg #113899
- Ignore karennma |
6/4/2013 10:57:05 AM
It went up $1.
I caught it too late -- and I knew it after I put in the order.
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johnpaulca
12,036 posts
msg #113900
- Ignore johnpaulca |
6/4/2013 10:59:40 AM
party will start above $39
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karennma
8,057 posts
msg #113901
- Ignore karennma |
6/4/2013 11:05:38 AM
Kevin_in_GA
2,956 posts
msg #113888
- Kevin_in_GA 6/4/2013 10:01:12 AM
stockcharts has a number of predefined screens based on P&F charting. Here are today's high pole warning results:
http://stockcharts.com/def/servlet/SC.scan?s=I.Y|TSAL[t.t_eq_s]![t.e_eq_y]![as0,20,tv_gt_40000]![yw_eq_1]&report=predefalli
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Hmmm ..?
TSLA isw not on that list.
Yet the PnF chart is giving it a high pole warning.
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karennma
8,057 posts
msg #113902
- Ignore karennma |
6/4/2013 11:43:18 AM
The high pole warning is given when a chart rises above a previous high by at least 3 boxes but then reverses to give back at least 50 percent of the rise. The reversal implies that the demand that was making the prices rise has given way to supply pressure. The pattern is a warning that lower prices could be seen in the future.
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That last sentence reminds me of a crystal ball reader.
It's a BS indicator.
DNDN is on that list.
There's NO "high pole" in site on a DNDN chart.
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