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WATT
Apr 20, 2016 13:10:08 GMT -5
Post by huh on Apr 20, 2016 13:10:08 GMT -5
It sucks but I gotta use a hard stop now in case that make-up fades all together
Looks good down below, but that H&S on top, ewww
(I'm hoping that H&S pattern that formed this week & confirmed twice today gets squeezed. Needs >10.83 to get back into it now & higher than HOD to confirm a squeeze)
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Post by huh on May 10, 2016 9:28:20 GMT -5
Stopped out at 11.01 (from 9.70) But will probably buy it right back in a bit here
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WATT
May 10, 2016 17:33:42 GMT -5
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Post by birthmark on May 10, 2016 17:33:42 GMT -5
Huh--
Getting beaten down AH. May get some after the dust settles.
GL
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Post by huh on May 10, 2016 18:07:22 GMT -5
I may be done with this one. Had the price pulled back some today to fill that gap in the 10.50's I would have gotten back in. But rising >11.20 first instead creates a potential topping pattern that could get it back down to the 9.70's, and a 3rd trip down to 9.70's would not be a good thing. That could mean an even larger topping pattern for a move to ~8, and that could create an even larger topping pattern for a move ...
Early this morning I thought if this thing bounces >11.20 without filling that 10.50's gap first then the company's probably going to dilute with a secondary soon - because that's about the only thing I could think of that would get it that low.
I'll keep an eye on it, but not so excited about it now. What a difference a few % to the upside can make , huh?
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Post by huh on May 11, 2016 7:25:32 GMT -5
I may play WATT long yet for a final swing so long as it gaps down enough and doesn't test 10.80's first (that would be a backtest of a topping pattern). Not backtesting first would allow for a b/e or better stop when it hits 10.80's, then hope it can squeeze the pattern.
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Post by huh on May 11, 2016 8:31:53 GMT -5
Long WATT for a swing play
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WATT
May 11, 2016 12:01:54 GMT -5
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Post by birthmark on May 11, 2016 12:01:54 GMT -5
GL Huh I'm still watching. Don't marry it!!!!
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Post by jacksrbtr on May 11, 2016 14:10:31 GMT -5
GL Huh I'm still watching. Don't marry it!!!! Birth - can we please NOT try and revert to LGBT-insinuendos around here? Thank you.
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Post by huh on May 11, 2016 14:16:05 GMT -5
GL Huh I'm still watching. Don't marry it!!!! Yeah, definitely not marrying her. Only hoping to get lucky. Unless they find a partner/acquirer, they'll most likely have to dilute with a secondary since they have only about 2 quarters of cash on hand, and per their own estimate sales likely won't start rolling in by the time it runs out. Besides, I think this company is probably quite a ways out from any real innovative technology , but that's JMO. It's only a technical trade.
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WATT
May 11, 2016 15:43:04 GMT -5
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Post by birthmark on May 11, 2016 15:43:04 GMT -5
Bought some at 9.90 before close. I think we see 10.80 again. I think they dilute too. THey'll have too.
GL
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WATT
May 11, 2016 15:48:43 GMT -5
Post by huh on May 11, 2016 15:48:43 GMT -5
Bought some at 9.90 before close. I think we see 10.80 again. I think they dilute too. THey'll have too. GL ~10.89 would be a backtest of the pattern that caused this pullback (the one I mentioned yesterday) - but its downside target was already hit today with the early lows
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WATT
May 17, 2016 10:24:49 GMT -5
via mobile
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Post by huh on May 17, 2016 10:24:49 GMT -5
That backtest now sits ~10.95, but the downside target for that bearish pattern has already been hit.
Hmm, tough one.
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WATT
May 17, 2016 11:12:21 GMT -5
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Post by birthmark on May 17, 2016 11:12:21 GMT -5
I sold mine at 10.75 Good call Huh. Just gonna take profit while I have it.
GL
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Post by huh on May 18, 2016 14:21:03 GMT -5
#%$ her! -1.5%. I gave her every opportunity.
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Post by huh on Jun 8, 2016 8:16:05 GMT -5
Nice bullish move recently in WATT. Expect resistance ~12.76, then backtest of support ~11.65. Bullish only so long as that support holds.
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WATT
Jun 8, 2016 15:03:47 GMT -5
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Post by birthmark on Jun 8, 2016 15:03:47 GMT -5
Of course it's all done without me!! What's you target Huh when this pulls back? ALso UVXY is getting close to 7
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Post by huh on Jun 8, 2016 15:26:08 GMT -5
Of course it's all done without me!! What's you target Huh when this pulls back? ALso UVXY is getting close to 7 There's still a potential target a little >17, but it's iffy. However, if it pulls back and holds the backtest ~11.70 then that target would become much more likely. Getting hard to tell anything in this market anymore. Indices creeping up at the slowest pace I've ever seen - and on about 1/2 normal volume.
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Post by huh on Jun 14, 2016 10:21:19 GMT -5
Long WATT
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WATT
Jun 14, 2016 19:01:31 GMT -5
Post by birthmark on Jun 14, 2016 19:01:31 GMT -5
NIce catch Huh. Was out all day and just got back. Down 11% today. Gonna get some in the next few days hoping it drops some more.
GL
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WATT
Jun 16, 2016 12:52:47 GMT -5
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Post by birthmark on Jun 16, 2016 12:52:47 GMT -5
Got some today at 10.
GL
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