Ace's Talking Stocks Forum
Register Calendar Latest Topics
 
 
 


Reply
  Author   Comment   Page 7 of 34     «   Prev   4   5   6   7   8   9   10   Next   »
Littleshark

Moderator
Registered:
Posts: 1,960
Reply with quote  #91 
I don't have any of my charts open just now ,,,

but IMO it doesn't matter ...

MSTX merger news placed a value on MSTX for the merger ...

diving the value by shares outstanding ,,, gave me a value of .15 per share ... so I sold 2/3 at .22 pre-market & the rest just under .18 as price kept dropping during the morning ...

merger is in the White Space future ,,, but why would price go above .15 ????

also they already said they would do a R/S with the merger ...

check past merger news stories ...
0
Littleshark

Moderator
Registered:
Posts: 1,960
Reply with quote  #92 
http://schrts.co/X6ofNZ CALA had positive momentum trend before the price pop cmac ...


http://schrts.co/xIwy19 the chart indicators in bull territory above their center lines since Jan.5 ...


http://schrts.co/ioGYO6 inspect vertical line on Jan.5 again ... 

http://schrts.co/By9nl3 FAST2 classic HF day Jan.19 ,,, but we don't buy after those yet ...

Jan.5 on
http://schrts.co/OXOjyF KISS chart ... & Jan.5 on http://schrts.co/lQ9xtp PSAR chart ~ also PSAR's on Jan.25 ...

http://schrts.co/MEdghM find ACE XXX on Nov.11 (ignore adx(5) ) ...

run your favorite play through those chart views ,,, I think I'll run INNV through them now ...
0
CMAC38

Moderator
Registered:
Posts: 721
Reply with quote  #93 
Hopefully, all this study helps us act quickly and with confidence when the set up is right.
And also that recognition is immediate with the signals.
0
Koog

Moderator
Registered:
Posts: 339
Reply with quote  #94 
Between Overtime and Family my Friday was pretty busy this week...
You are right CMAC, we are finding some pretty nice charts. Most move like we think 
they should. It sure makes it hard to choose the best from the rest...
A co-worker, who has traded for some years, mostly pink sheets.
Has also had a go at trading in and out of options with limited success.
 A year or two ago, he put a large amount of his tradable funds into an option
with a 2 week expiration, and lost it all. He has finally raised enough
principal in his portfolio to begin trading again. He has been asking charting and
market structure questions of which I help with as much as I am able to...
It gives me the opportunity to realize what us three amigo have spent together
learning from each other. I wanted to say all that so I could say.
Thanks for being here Littleshark and CMAC38. I would still be blindly trading
if not for the friendship I find in this, Ace's Talking Stocks Forum....  
0
Koog

Moderator
Registered:
Posts: 339
Reply with quote  #95 
Ok .... I'm gonna mention some of Friday's closing bell results ....

NVLS
http://stockcharts.com/h-sc/ui?s=NVLS&p=D&yr=0&mn=6&dy=0&id=p92273012363


NEOT
http://stockcharts.com/h-sc/ui?s=NEOT&p=D&yr=0&mn=2&dy=10&id=p24385989667

ATNM
http://stockcharts.com/h-sc/ui?s=ATNM&p=D&yr=0&mn=6&dy=0&id=p06392108702
With its eye on the gap

RIGL
http://stockcharts.com/h-sc/ui?s=RIGL&p=D&yr=0&mn=6&dy=0&id=p84838528395
getting frisky

ACRX
http://stockcharts.com/h-sc/ui?s=ACRX&p=D&yr=0&mn=6&dy=0&id=p60529198940
Looks like breakout to me

CXRX
http://stockcharts.com/h-sc/ui?s=CXRX&p=D&yr=0&mn=6&dy=0&id=p85981902331
Looks interesting only if the volume remains
it has a habit of breakout collapse

ATHX
http://stockcharts.com/h-sc/ui?s=ATHX&p=D&yr=0&mn=6&dy=0&id=p12902827112
Do the DD while waiting for the signals


ANTH
http://stockcharts.com/h-sc/ui?s=ANTH&p=D&yr=0&mn=2&dy=10&id=p23773229813
chug a chug a chug
 
ITEK
http://stockcharts.com/h-sc/ui?s=ITEK&p=D&yr=0&mn=6&dy=0&id=p85876098009
Not quite as far along.....yet
0
Littleshark

Moderator
Registered:
Posts: 1,960
Reply with quote  #96 
OK guys ,,, we have trouble knowing just "when" to enter as a price rise starts ~ right ???

cmac has some very good signals that he uses for that ...

but still we miss MANY of the price runs even as we watch the stocks ,,, because not "sure" enough to buy them ...

suggestion ,,, learn to watch for the ADX(14) black line "switch" from reading DOWNTREND strength ~ to reading UPTREND strength ,,, that SWITCH is a VERY strong bull trend signal ... and should be watched for along with other confirming uptrend signals :

lets use Koog's chart(shorten up for more detail) & his stocks above as our test subjects ... to see when that signal would have "helped" one "confirm" a new uptrend ...

http://schrts.co/SpQeUF INNV ... ADX black line traveling INVERSE to price & INVERSE to MACD black line across the whole chart ='s ADX black line is still reading DOWNTREND strength ,,, wait and watch for the DAY when it SWITCHES to reading UPTREND strength ...

http://schrts.co/WDdG1g NVLS is the same ...

http://schrts.co/7iWpJ1 NEOT ,,, SWITCHED to reading UPTREND strength on Jan.18 ... see ADX(14) black line turn up and START traveling WITH price & MACD black line that day ??? ,,, note how ADX black line kept rising Jan.19 & 20 as price dropped back & adx green line declined ,,, but ADX(14) black line CONTINUED to read UPTREND strength as INCREASING ... still is doing so since ... except for the "dip" in the ADX black line for one day on Jan.30 ~ when ADX black line read that UPTREND strength was decreasing that one day ...

http://schrts.co/JuHCja ATNM ,,, place "inspect" vertical line on Jan.3 ... ADX(14) black line reading DOWNTREND strength still then ... Jan.9 ADX black line SWITCHED from reading DOWNTREND strength to reading UPTREND strength ='s ADX black line started traveling WITH price that day ... how do you like the ADX(14) SWITCH day as an additional "uptrend" confirmation signal so far ??? ... how often do we remember to look for that ???

http://schrts.co/uAMNcJ RIGL ,,, still reading DOWNTREND strength ... what are you planning to do when/if the ADX(14) black line SWITCHES to reading UPTREND strength ???

http://schrts.co/BUz8ZS ACRX ,,, FRIDAY ,,, ADX black line SWITCHED to reading UPTREND strength !!!

additional signal that I see is "had a higher low & Friday price broke out above the most recent high before the higher low" ~ remember that entry system we developed last year on one of your very successful trades KOOG ???

http://schrts.co/I6OUJr CXRX ,,, THURSDAY got thw SWITCH to reading UPTREND strength ...

http://schrts.co/DnfDtX ATHX ,,, still reading DOWNTREND strength as INCREASING ,,,

do you want to trade "with the trend" or "inverse to the trend" ??? ... when are your odds of success greatest ??? ... toward the end of 2016 ~ ACE said that when he lost on trades in 2016 was when he was trading inverse to the trend ... so trying to "guess" a coming trend turn ~ may be hazardous to your wealth ... do "contrarians" survive ?? or do "trend traders" do better ??? ... you decide ... NOTE: PH said a couple times that he gave up on trying to "guess" when the VIX's will turn because he lost money at that in 2016 ~ he went back to trading the trend that had been consistently successful for him in the past ...

0
Koog

Moderator
Registered:
Posts: 339
Reply with quote  #97 
[Littleshark]........additional signal that I see is "had a higher low & Friday price broke out above the most recent high before the higher low" ~ remember that entry system we developed last year on one of your very successful trades KOOG ???

Im trying to remember.... Average line test? ... Price not dropping below previous days high.?
0
Littleshark

Moderator
Registered:
Posts: 1,960
Reply with quote  #98 
sure is nice that one can post forever without getting logged out !!!!!!!!!!!!! ...

and a good thing KOOG didn't have any more stocks in his list ...heehee ...
0
Koog

Moderator
Registered:
Posts: 339
Reply with quote  #99 
That list was from 57 results Littleshark .... [comp]

fwiw .... My favorite is RIGL ...
0
Littleshark

Moderator
Registered:
Posts: 1,960
Reply with quote  #100 
Koog ,,, http://schrts.co/uAMNcJ RIGL .... positives are ::: "price break out above recent higher low past high" & above 20ma ... the direction of the 3 chart indicators are "suggesting" that the ADX(14) SWITCH to reading UPTREND strength may be close at hand ...

a partial entry now would be prudent it seems ... depending on each persons risk/reward tolerances and trading plan ...

If I had a whole bunch of money ~ so I could make say 10 buys at one time ,,, I "think" buying the ADX(14) black line SWITCH to reading UPTREND strength day would be a profitable system ~ with a tight stop loss below the SWITCH day low ...
0
Koog

Moderator
Registered:
Posts: 339
Reply with quote  #101 
RIGL .... The black candles signaling reversal, especially the last two that have a longer tail than wick tells me the bears have lost control. I have seen where an open red reversal candle appears along with these type bottom formations. Another thing is that the On Balance volume line is rising. I feel like that is another signal that shorts are giving way to a more balanced long/short equality..... And from the looks of the money flow, there are plenty that are interested in this'n....

Im only working a half day today and that half is almost up.... Hoorahhh .....
0
CMAC38

Moderator
Registered:
Posts: 721
Reply with quote  #102 
Enjoy your time off Koog.
Nice comments.

ATNM gave plenty of notice before yesterdays BOOM.
0
acestocksplayer

Avatar / Picture

Moderator
Registered:
Posts: 965
Reply with quote  #103 
Hi Lil'SHARK...

I sent you a PM. Check it out when you have time. Thanks. Mike[comp]

__________________
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
0
Littleshark

Moderator
Registered:
Posts: 1,960
Reply with quote  #104 
ACE ... just woke up from my Grampa nap ...

I replied ,,, I will assume you got the P.M. unless you tell me differently ...
0
Littleshark

Moderator
Registered:
Posts: 1,960
Reply with quote  #105 
I have been checking "White Space emerging pattern(WSEP)" board ,,,

http://schrts.co/b0B5N1 IBB is still working on the 2nd story of the "Three Peaks & a Dome" pattern mentioned there 14 days ago ... price broke out up on Friday ~ so trend seems to still be in play ...

NOTE how the average lines are bullish stacked now ...

AND 50 trading days back is Nov.22 ,,, as higher prices start dropping out of the "back end" of the 50ma ,,, that effect will "help" the 50ma rise on the front end next week ...

chart indicators are all above their center lines in bull territory ...

SlowSTO has not topped out yet ...

signals ... read the white space in your own charts ...


http://schrts.co/FNTO1L NUGT ,,, Jan.3 mentioned "Cup & Handle" emerging pattern is still in play ~ until it isn't anymore ...

also from 1st post on the "WSEP board ,,, http://schrts.co/jtCNEk FTR "Three Peaks & a Dome(TPD)" pattern looked like a failure when price dropped below the support of the Three Peaks ...

BUT ,,,, I am not ready to give up on the "TPD" pattern yet ... because have positive divergence on the Slow STO now ,,, and because price did a not yet completed "swing low(SL)" of the basement highs ~ if price can rise Monday to complete that SL pattern ,,, that would be a bullish sentiment signal ... 

also ,,, price dipped below the BB(20,2) lower band ,,, "could be" a bottom in on that basis also ...

AND ,,, BB(50,2) lower BB band has risen up to support price now ...

is the TPD pattern ~ 2nd story print just starting ???



0
Previous Topic | Next Topic
Print
Reply

Quick Navigation: