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Post by Herceg on Jul 22, 2014 8:05:22 GMT -5
HLF, PLUG, KNDI, CMG
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Post by huh on Jul 22, 2014 8:12:13 GMT -5
PLUG could be working on the gap fill at $6. Also back in a channel;
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Post by Herceg on Jul 22, 2014 8:21:20 GMT -5
Watch HLF.............that might be in for a wild swing today..............
JMO and BOL............
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Post by huh on Jul 22, 2014 8:23:46 GMT -5
HLF working against a very, very sloppy H&S. Look how it plateaued at the 76.4 FIB around 66. My guess is that it will fill the gap ~49.40-50.80 before bouncing to at least come back for a neckline backtest (if not higher).
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Post by huh on Jul 22, 2014 8:26:52 GMT -5
KNDI should be a good short with today's high. Hitting the previous high made on 03/18. Even if it forms a bullish pattern here (ie. cup'n'handle), could pull all the way back to ~15 for some FIBs & a gap fill.
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Post by huh on Jul 22, 2014 8:30:47 GMT -5
Was expecting CMG to backtest the lost channel, but it's way higher than that already in PM with a new all-time high. Would be hard to short (for me, at least, in my time frame; multi-day) until it loses that. The channel sits around 640 today & rising.
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Post by huh on Jul 22, 2014 9:25:39 GMT -5
HLF working against a very, very sloppy H&S. Look how it plateaued at the 76.4 FIB around 66. My guess is that it will fill the gap ~49.40-50.80 before bouncing to at least come back for a neckline backtest (if not higher). View AttachmentWell, I was way wrong on that one. Good call Herc - that was one helluva swing. Back tested that sloppy neckline.
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Post by huh on Jul 22, 2014 9:26:33 GMT -5
KNDI should be a good short with today's high. Hitting the previous high made on 03/18. Even if it forms a bullish pattern here (ie. cup'n'handle), could pull all the way back to ~15 for some FIBs & a gap fill. Tested a little higher than that 03/18 high, and now red.
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Post by Herceg on Jul 22, 2014 9:28:19 GMT -5
Watch HLF.............that might be in for a wild swing today.............. JMO and BOL............ 52.50 to 57.50..............I expected a swing but not this much......I only captured a small fraction of what could have been....LOL.......... BOL to all...........
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Post by Herceg on Jul 22, 2014 9:31:18 GMT -5
Well, I was way wrong on that one. Good call Herc - that was one helluva swing. Back tested that sloppy neckline. It was all because of Ackman and what he was claiming on the stock..............apparently it was not as damaging as he led on to believe......... JMO and BOL...........
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Post by huh on Jul 22, 2014 9:33:29 GMT -5
Well, I was way wrong on that one. Good call Herc - that was one helluva swing. Back tested that sloppy neckline. It was all because of Ackman and what he was claiming on the stock..............apparently it was not as damaging as he led on to believe......... JMO and BOL........... Curious to see if that bounce can hold now.
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Post by Herceg on Jul 22, 2014 9:50:08 GMT -5
Watching as well ready to pull the trigger if it looks right......
JMO and BOL............
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Post by huh on Jul 22, 2014 9:58:10 GMT -5
Watching as well ready to pull the trigger if it looks right...... JMO and BOL............ Looks to be holding. I would have been caught bad on the wrong side of that trade!
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Post by Herceg on Jul 22, 2014 10:02:13 GMT -5
Looks to be holding. I would have been caught bad on the wrong side of that trade! I did not have the nerve to risk it as badly as I wanted too. It looks like 59 could be a ST top, but do not want to try it..........based on the reason behind the swing, it could go either way still............... JMO and BOL.............
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Post by Herceg on Jul 22, 2014 10:49:29 GMT -5
CROX could be another ST short........a bit ahead of itself this morning.........expect a pullback to low 16's at least.........still just watching for now.......
JMO and BOL..........
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Post by huh on Jul 22, 2014 20:39:07 GMT -5
PLUG could be working on the gap fill at $6. Also back in a channel; View AttachmentUgly daily candle/rounded top in PLUG after an overshoot of the gap fill. And that candle ended with a bear flag. Also above it's daily BB. Still above it's 100dma, but likely to lose that tomorrow. Would be an almost 9% gain today alone if shorted at $6 & held.
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Post by huh on Jul 22, 2014 20:41:25 GMT -5
KNDI should be a good short with today's high. Hitting the previous high made on 03/18. Even if it forms a bullish pattern here (ie. cup'n'handle), could pull all the way back to ~15 for some FIBs & a gap fill. Nice topping candle on KNDI. 8% gain today alone if shorted at that 03/18 high.
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Post by huh on Jul 22, 2014 20:43:10 GMT -5
656.50 is now support for CMG. Lose that and it should test 640 fairily quickly.
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Post by huh on Jul 22, 2014 20:46:54 GMT -5
...and HLF? WTF? That's all I can say with that daily candle. With a move like that I'd expect a head test ~80-84, then likely a slow fall to bankruptcy. Healthy stocks (or markets) don't make moves like that without some major fundamental change (ie. a buyout). JMHO Seriously awesome call on that one Herceg
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Post by novie08 on Jul 22, 2014 21:09:29 GMT -5
656.50 is now support for CMG. Lose that and it should test 640 fairily quickly. Cannot for the life of me figure what would make this co. worth 60+ times earnings. This should be for trading purposes only. Someone's doing that with heavy margins?
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