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RadioShack Corp. Message Board

  • richeydouglas Feb 7, 2013 8:29 PM Flag

    Next resistance 3.44.... down or up from there is anyone's guess.

    but if I was to guess it will fall fast if it goes that high tomorrow. Technically good trading stock.. fundamentally this stock blows.

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    • pointy candle stick on my 1 min chart, while i dids some connect the dots for the last 30 minutes I found the shape looks similar to a keviN bAcon, This was confirmed by Punxsutawney Phil as he looks at his shadow early predicting 3 mo months of good business cycle. puts some positive energies and draws my line at 3.50. Its a little crooked though so I retracts resistance to 3.48 and a tenth, finally I color in the lines this time. Yep, This a good technical level. I feels some good forces at 4.00 but the dark side pulling at 2.99, might be some fighting in this range on both sides, but the rebellion wins,. I flip a coin heads for Eliot waves and tails for fibonochi... Heads! so i draw adds some eliot waves. 3 up, 5 down,break, 2 down, and an up, break. and another down. I short 5000 and long 10000 this way I limit my long exposure while giving my broker a higher commission.

      Sentiment: Strong Buy

    • richeydouglas Feb 8, 2013 7:14 PM Flag

      Reached the target.. small gap up then straight down on monday... good luck..

0.9066-0.0534(-5.56%)Sep 19 4:01 PMEDT

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