| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 9/13/2006
Posts: 143
|
This is a buy on many time frame with TOBYDAD profile. What do you think?
Thanks. Moe
|
|
Registered User
Joined: 3/21/2006
Posts: 4,308
|
Hi Moe, this one looks better than TZOO. (IMO) but you migh have to wait for another oppertunity to enter. It looks like price is either going to bounce or consolidate at the current level..
|
|
Registered User
Joined: 10/7/2004
Posts: 2,181
|
I need to explain; the tobydad profile (someone else's name for it...I never named it....that would be, at best, presumptuous) would have set an entry at $28.59 on 12/17. So you would have been at a 15% profit at this point.
It's the pattern, the support from the LR30 and lbb20 coupled with TSV26 moving up and staying in the upper 1/2 of the bb13 while heading toward the 0 line.
At the same time, I agree with apsll, it does look like you're about to get some consolidation, probably back to the $28-29 range. I'd wait for then to enter.
A key indicator at the moment is that today's candle became completely detached from the ubb20 after a good run up. Look for lower prices for a few days.
all the best
|
|
Registered User
Joined: 9/13/2006
Posts: 143
|
Thank you both. I believe Hohandy named it. Eveytime you share I find that i still need to learn a lot.
Moe
|
|
Registered User
Joined: 9/13/2006
Posts: 143
|
Apsll, Please check this out on your Bonnanza template again. I believe it has more upside potential.
Also PEET looks good.
Thanks.Moe
|
|
Registered User
Joined: 10/7/2004
Posts: 2,181
|
Wow! Looking nice, mo. What does everyone think, next stop around $40 or so?
|
|
Registered User
Joined: 9/13/2006
Posts: 143
|
Tobydad ,Happy new year
This stock is fundamentally sound, I have traded this many times since 2003, but I missed it this time. I have been waiting for pullback , but it's not happenning.What would you do in this situation.I don't want to chase, but at the same time i don't want to miss another leg up.
Thanks,Moe
|
|
Registered User
Joined: 10/7/2004
Posts: 2,181
|
Moe;
Sorry, didn't see your question; I would wait on this one for now. I don't see the candlestick getting much support, I suspect it might pull back some. Either way, I'd like it to declare its next direction.
|
|
Registered User
Joined: 3/21/2006
Posts: 4,308
|
"Apsll, Please check this out on your Bonnanza template again. I believe it has more upside potential. Also PEET looks good.
Thanks.Moe"
Sorry that I did not get back to you sooner Moe, but I had some holliday obligations that kept me busy. I agree that JOE is building a very nice bottom formation here and has clearly surpassed the above mentioned resistance. The next test will be the July/August consolidation level. My vission of a Bonanza Bottom formation would last a little longer than this one, but this is a clear example of how one should behave. (IMO) you have a winner hear. Price is going for its third attempt to break free from the bottom and I believe that if not this time then the next one for sure. I will be in this one with you around $40.00
|
|
Registered User
Joined: 9/13/2006
Posts: 143
|
Thanks . Your analysis w/ charts are truely appreciated.Moe
|
|
|
Guest-1 |