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NOAH
Nov 20, 2015 19:23:16 GMT -5
Post by birthmark on Nov 20, 2015 19:23:16 GMT -5
Doing very well in this market Huh.
Have you been watching it?
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Post by huh on Nov 21, 2015 8:15:02 GMT -5
I forgot all about this one! A couple months ago I lost many names on my watch list and added them back from memory, but I knew there was at least one missing - and this was one of them! Thanks for bringing it up. This is one of my potential favorites for a long term hold should the market see a major pullback. I had buy orders on this for 18.50 & 19.25 back in early August but had canceled them. Looks like I shouldn't have. The higher of those two at least was hit and up a lot since then. I'm not going to buy it now though. I fear we're too close to a potential top in the overall market, even in China stocks. Here's what I see in NOAH though:  |
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Post by huh on Nov 21, 2015 8:32:39 GMT -5
Longer term, it could be yet another H&S-RS-Squeeze (there's few stocks/indices that AREN'T in this pattern currently).
However in the short term if it gets above that top FIB @ 33.41, even with a gap-up, it could go on to rally to a new high >38.00. So still a good swing long candidate (14%+) if >33.41. The stop then becomes ~33.40.
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NOAH
May 24, 2016 11:14:17 GMT -5
Post by birthmark on May 24, 2016 11:14:17 GMT -5
Huh--
You watching this one still?
Waiting for a pullback-- popped on their earnings.
GL
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Post by huh on May 24, 2016 23:13:26 GMT -5
Huh-- You watching this one still? Waiting for a pullback-- popped on their earnings. GL Checking it every now and then, but it appears to be still working inside a very large H&S. This bounce looks like a dead cat bounce (FIB retrace) of a large continuation rounded top which will likely act as the RS of a smaller H&S, all of which is the RS of the larger H&SD. I won't play it until ~10, if not lower. I think Chinese companies trading on the US indices could really take a hit later this year, much more than the overall market. |
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