Lifestyle Let's talk stocks!
- Thread starter b00ts
- Start date
Interesting stock. Heavy volume coming in mid-Feb with the break from consolidation to continue the downtrend. There are two gap downs within a month of each other, one coming after a missed earnings. If it can break $2.20 and then $2.35, I would look at a retracement back to that first gap at $3.11. The lows are coming up over the last few days, so you'd have to watch it to test and break resistance... It's got to fill those gaps if does.
$LIGA
Speaking of gaps. My largest position right now almost got caught in a shake out. I had a resistance set at $.0053 that I needed the 4th to close above to verify trend continuation. What happened was a gap up. We trended up for a few more days until reaching a resistance of $.0066. Two hanging men candles gave me a clue that a retracement was coming. I moved my stop in around the resistance at the end of April. I knew that gap had to be filled, so was looking for price to fall to the $.0055 - $.0053 area. It retraced back to that area today. It actually went down to the $.0052 point for a little while. This low happened on an inverted hammer, showing a possible reversal. The rest of the day moved sideways. It's tested above $.0066, so I'll be looking for a close above that price to confirm the trend continuation. A close in the support zone of $.0055 - $.0053 could possibly show a reversal. This stock moves heavy on news, so expect something this week.
Speaking of gaps. My largest position right now almost got caught in a shake out. I had a resistance set at $.0053 that I needed the 4th to close above to verify trend continuation. What happened was a gap up. We trended up for a few more days until reaching a resistance of $.0066. Two hanging men candles gave me a clue that a retracement was coming. I moved my stop in around the resistance at the end of April. I knew that gap had to be filled, so was looking for price to fall to the $.0055 - $.0053 area. It retraced back to that area today. It actually went down to the $.0052 point for a little while. This low happened on an inverted hammer, showing a possible reversal. The rest of the day moved sideways. It's tested above $.0066, so I'll be looking for a close above that price to confirm the trend continuation. A close in the support zone of $.0055 - $.0053 could possibly show a reversal. This stock moves heavy on news, so expect something this week.
Haha. I must have gotten clobbered on Thursday then.
D
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Alright, I just downloaded the Robinhood app -- no fee day trades.
Add $100 to it
Lets get wild on some penny stocks
Add $100 to it
Lets get wild on some penny stocks
D
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A good morning....Let's go to 0.10!
Haha. I might have to check this out.
Robinhood is nice for the free trades. Can only trade NYSE and NASDAQ U.S. listed stocks though.
LIGA dipped to $..062 like I thought. Was going to load up some more, but had some issues with my brokerage account and have to wait 4 days to trade.
AMFE is going on the watch list. Chart looks nice. Going to dig into the company some here in a little while.
KOSK is one that I've been watching for a while. A lot of liquidity at $.0214, so I'm looking at that being a resistance level. If volume shows up in the next couple of days, it may be a nice swing play for 40% or so.
Music on and going through my scanner list, so I may find a few more with nice charts.
LIGA dipped to $..062 like I thought. Was going to load up some more, but had some issues with my brokerage account and have to wait 4 days to trade.
AMFE is going on the watch list. Chart looks nice. Going to dig into the company some here in a little while.
KOSK is one that I've been watching for a while. A lot of liquidity at $.0214, so I'm looking at that being a resistance level. If volume shows up in the next couple of days, it may be a nice swing play for 40% or so.
Music on and going through my scanner list, so I may find a few more with nice charts.
Actually that does sound like fun. I'd have better odds probably than playing poker or Draft Kings.
VIXY... whats up with this stock. The little I know about it (aka 1 article); seems like a good investment for this week (re: govt shutdown). It seems to play / rely on fear of the market. Also, might dump my S fund until this week is over and funding for the govt has been approved. Every shut down just blows up the market.
Steady downtrend all year. It's recently gone done to fill the gap created on 4/11. I see two inverted hammers last week, so that could be showing that it's reached a support in this area. Roughly average volume on this pullback could mean that sellers are still interested in pushing it down. Ideally you want to see low volume on a pullback.
Here we go. Up today on the tails of a strong earnings report from RGR. Love it.@Alco Hauler AOBC is becoming oversold....as shown by the 14-day Stochastic dipping below the 20th percentile line. Expect a reversal soon.
Up 18% on AOBC
What's your exit target?
Going to watch and see what it does with the gap from Dec 1st.
I have my sell alert set at $30. I think that might take some time.
Yep i was in that thread.
Like i said i found the thread interesting but you guys lost me with all those terms and expressions.
That's a good price, I need to setup an alert too. I'm up 25% as of right now. Also up 13% on HDSN, which is close to the highest the stock has been in 10 years.
I hope it's the start of a 10-15% pullback on this market, but I doubt it. Appears equities are going to continue to rise for a while, which is crazy. This is like the longest bull market in history right?