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Post by huh on Mar 31, 2016 13:39:44 GMT -5
...Here's a look at the IBB chart: IBB backtesting previously broken resistance/now support. Come on, ramp it over that 265 already.
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Post by huh on Apr 1, 2016 9:42:39 GMT -5
...Here's a look at the IBB chart: [chart"] IBB backtesting previously broken resistance/now support. Come on, ramp it over that 265 already. IBB seeing a fairly substantial reversal already And then it met FIB resistance. IBB's HOD is now the # to beat. Over that and should be clear for a squeeze higher. Until then it's likely decay, decay, decay. [chart] IBB breaking higher (currently ~264). First upside target ~282.
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Post by huh on Apr 4, 2016 13:13:53 GMT -5
(re: VCEL)...next target/resistance...6.50-6.60...Personally I'd take gains there, or at least set a hard trailing stop... Pre-market high so far 6.60 VCEL finally hit that upside target during regular market hours this morning (even a little higher to 6.69) and look what it's done since. Down as much as 45% from that high - in the same day! And that's with IBB seemingly OK. This is why I keep stressing 'careful them squeezes'. Gotta use sell orders for those targets, or at least hard stops once they've been hit. This is one crazy move.
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Post by novie08 on Apr 4, 2016 15:22:08 GMT -5
Yep. 7 M shares, trading halted but the bots were up 177% since November on this one. My position is teeny.
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Post by huh on Apr 5, 2016 8:37:16 GMT -5
VCEL would backtest the top of the previous down channel it broke out above ~3.30. I showed the up channel in this chart. If long VCEL, you definitely wouldn't want to see that support fail. (keep in mind though that it has already hit the 6.60 upside target for breaking over that channel - which means any bounce from there may be only a dead cat bounce now)
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Post by huh on Apr 6, 2016 15:20:18 GMT -5
...Here's a look at the IBB chart: And this is what a H&S-RS-Squeeze-To-New-High looks like. If IBB gaps up tomorrow, shorts will likely spend the rest of the week covering - and I doubt MM's will let them out cheap. (and this is how, I believe, MM's solve their "we want out of our positions but there's no volume to dump our positions onto" problem)
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Post by huh on Apr 8, 2016 8:00:14 GMT -5
If short VCEL from 6.60, use a stop now if rises >3.31
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Post by huh on Apr 8, 2016 12:35:29 GMT -5
If short VCEL from 6.60, use a stop now if rises >3.31 Move VCEL short stop down to if >3.17
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Post by huh on Apr 8, 2016 12:41:52 GMT -5
If short VCEL from 6.60, use a stop now if rises >3.31 Move VCEL short stop down to if >3.17 Make that VCEL short stop if >3.21 (almost forgot, this is one of those crazy biotechs)
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Post by huh on Apr 11, 2016 9:01:33 GMT -5
VCEL stop hit on short call for +51%. I'm done tracking this one (up or down).
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Post by huh on Apr 11, 2016 10:26:46 GMT -5
If it gets down there, IBB would be a good long play again ~272 (currently 275)
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Post by birthmark on Apr 11, 2016 11:59:59 GMT -5
Was just looking at that Huh. THx. I may just do this. Watching...
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Post by huh on Apr 11, 2016 13:30:44 GMT -5
If it gets down there, IBB would be a good long play again ~272 (currently 275) Now looks as if IBB could get a little lower than that. Thinking 269.50-271.00.
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Post by huh on Apr 11, 2016 15:27:27 GMT -5
If it gets down there, IBB would be a good long play again ~272 (currently 275) Now looks as if IBB could get a little lower than that. Thinking 269.50-271.00. IBB tapped that 272 support I first called for, and it held. So now it's bullish >273.45 (small red line). If not, then buy between 269.50-271.50
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Post by huh on Apr 12, 2016 22:32:10 GMT -5
Now looks as if IBB could get a little lower than that. Thinking 269.50-271.00. IBB tapped that 272 support I first called for, and it held. So now it's bullish >273.45 (small red line). If not, then buy between 269.50-271.50 LOD in IBB was 270.19. Exact center of that support range I posted was 270.25.
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Post by novie08 on Apr 15, 2016 8:48:50 GMT -5
GENE +8% on no news that I can find.
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Post by huh on Apr 15, 2016 8:53:16 GMT -5
IBB tapped that 272 support I first called for, and it held. So now it's bullish >273.45 (small red line). If not, then buy between 269.50-271.50 LOD in IBB was 270.19. Exact center of that support range I posted was 270.25. If long IBB from the 270-271 area, use a stop now if loses LOD (<279)
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Post by huh on Apr 15, 2016 9:26:33 GMT -5
LOD in IBB was 270.19. Exact center of that support range I posted was 270.25. If long IBB from the 270-271 area, use a stop now if loses LOD (<279) And stopped for almost +3%. Almost 10% with last week's gain. Hopefully market has a blow-off top, and this follows for even higher. If >288, then >300 would be next target. But I'm done watching it. Like I said, I'm now more concerned with watching for general market short set-ups.
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