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Post by Herceg on Jul 24, 2014 7:51:42 GMT -5
FB, RCL, DNKN, ONVO
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Post by huh on Jul 24, 2014 8:19:11 GMT -5
I'm impressed with the FB move. All it needs to do is hold 72.59 into the close today to remain bullish.
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Post by huh on Jul 24, 2014 8:23:22 GMT -5
ONVO trading at the shoulder test line in pe-market. Hold above, and new highs. Fail, and likely to see low $5's. But I can't think of a single H&S pattern that hasn't squeezed to test the highs of the head lately.
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Post by Herceg on Jul 24, 2014 8:57:06 GMT -5
No shares available to short on RCL.............watching UA as well............ JMO and BOL............
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Post by huh on Jul 24, 2014 9:10:23 GMT -5
Looks to me like UA will pullback, even if setting up bullish here. The lack of a shoulder test and that little rounded top ~60 flashes warning signs of a possible pattern failure. But still a good risk/reward long against that neckline backtest, if it happens. JMHO
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Post by huh on Jul 24, 2014 12:36:53 GMT -5
ONVO trading at the shoulder test line in pe-market. Hold above, and new highs. Fail, and likely to see low $5's. But I can't think of a single H&S pattern that hasn't squeezed to test the highs of the head lately. View AttachmentIf short ONVO, good idea to play mental stops against possible falling wedge;
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Post by huh on Jul 24, 2014 12:48:29 GMT -5
Looks to me like UA will pullback, even if setting up bullish here. The lack of a shoulder test and that little rounded top ~60 flashes warning signs of a possible pattern failure. But still a good risk/reward long against that neckline backtest, if it happens. View AttachmentJMHO UA another bad call on my part, at least in the short term. I have to remember to stick with the "2 day news" rule. But I still think it will back test that neckline ~60.50 before going much higher.
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Post by huh on Jul 24, 2014 12:59:13 GMT -5
ONVO trading at the shoulder test line in pe-market. Hold above, and new highs. Fail, and likely to see low $5's. But I can't think of a single H&S pattern that hasn't squeezed to test the highs of the head lately. View AttachmentIf short ONVO, good idea to play mental stops against possible falling wedge; View AttachmentLooks like it might want a higher HOD.
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Post by huh on Jul 24, 2014 18:45:32 GMT -5
I'm impressed with the FB move. All it needs to do is hold 72.59 into the close today to remain bullish. Well, FB did hold that number into the close, but the intraday chart sure doesn't look bullish.
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Post by jacksrbtr on Jul 24, 2014 19:45:56 GMT -5
I'm impressed with the FB move. All it needs to do is hold 72.59 into the close today to remain bullish. Well, FB did hold that number into the close, but the intraday chart sure doesn't look bullish. FBs market cap now places it in the top 15 companies in something even surpassing Coke now go figure.
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