Thanks you as well for well thought response.
I hold OPK, RLYP, both of which have been disappointments. Also, NVCN.
Bought VRX yesterday (!) VRX being either a 10% stop-loss or catching the bottom and hold for a turnaround. I like the new CEO and company's pipeline.
All the best.
I hope I am not hated by selling and taking a very nice profit.
Thank you for all your help too for you gave me insight to buy more and hold longer.
Wishing you all the longs much higher prices and I sincerely mean it.
many thanks to you too.
What an amazing board we have here. Friendly and educational.
GLTU and best regards,
A Megaphone Top is a relatively rare formation and is also known as a Broadening Top. Its shape is opposite to that of a Symmetrical Triangle.
The pattern develops after a strong advance in a stock price and can last several weeks or even a few months.
BABA better ask Mama for help or it is going a lot lower.
I am short and biased.
Yesterday's Gap above 50MA, most probably, will never be filled!
It reminds me of FB when it gaped up from 26 to 33 and never looked back.
While it is a mistake to say "never" the odds are CLF will have a FB type of run. FB from 26 to 120.
CLF from 3 to (???)
Please do notice space is available for three digits LOL
I have not read this board for some time but I remember well when RLYP was dropping from 30 and the bullishness was almost unanimous which for a while included me too!
Eventually trend became negative but not the sentiment. Now, things have reversed. Both fundamentals & technicals are much improved and trend has turned positive, yet sentiment is at best subdued.
IMHO, major bottom is in.
Best of luck and see you again at another important junction.