21.65 was a major supporting trend line as well as 50% Fib. retrace. A close below this level is bearish. 21.47 is 200 day moving average, a close below is even more bearish and points to more downside. strictly chart speaking. don't shoot the messenger.
You don't lose until you sell so depends on how healthy the rest of your account is but... i would hold down to 20 if it takes that but it will likely head back to the 30's after playing around in the 22's if not 21's.
This stock has helped beef up my portfolio but i've sold in resistance and bot support over 6 weeks or so until recently. The shorts have had the advantage for awhile but it will change. Odds are it will be green the first hour Tuesday morning. Not to say it will close green.
"the experts are saying".... Well we know that 80% of the experts lost money in 2014 now don't we? Go ahead and follow them if you don't mind the odds being stacked against you.
These 3x leveraged etn's are designed to go to Zero which is why so many have had REVERSE SPLITS. Could well happen here. The 2x etn's have a bit less slippage/decay over time but thinly traded. BOIL = long or KOLD = short. both are 2x UNG
Why does Yahoo show it at $13 now while other sources show it at 2 bucks and change? seems one is OTC the other on AMX
Chart is primed for a move up this month.
agree. there the jury is out until a few decades when & if the cancer rate sky rockets and the trail leads back to GMO/roundup/corn/soy and points to ROUNDUP... which i would bet will happen.. it is not that great of a hazard to use the stuff, i used it decades ago on sidewalks and driveways... NEVER ON CORN as in those days corn would have died in hours just like the weeds..
It is EATING the frickking stuff that KILLS me... seems like nobody knows how a systemic herbicide works... it works due to the fact the weed killer is absorbed through the leaves, stems and is TRAPPED in the plant... so any corn or soybeans are basically saturated to some degree...
Doesn't take a frickkin rocket scientist to know that this will end ugly... VERY UGLY...
The real story hasn't hit the fan yet and may not for months or years after more studies & research.
It is the long term effects on us consumers due to our eating corn/soy that soaks up Roundup systemically in every fiber. The same herbicide that kills weeds in the corn rows in a matter of hours.
Even though the talk about glyphosate makes it sound like it's the only thing in Monsanto's herbicide to worry about, the truth is the herbicide contains other ingredients that may be the source of any increased risk of cancer.
Sentiment: Strong Sell
the only reason it was up today was it was so DOWN yesterday. some unconscious greedy traders are buying the dip which... could make them look like dip Sheyats down the road a ways... good luck to those greedy basstardos..
Glyphosate is mainly used on crops such as corn and soybeans that are genetically modified to survive it.
The weed killer has been detected in food, water and in the air after it has been sprayed, according to the report from the WHO agency. However, glyphosate use is generally low in and near homes where the general public would face the greatest risk of exposure, the report said.
The evidence for the WHO's conclusion was from studies of exposure, mostly agricultural, in the United States, Canada, and Sweden that were published since 2001.
Carcinogens are substances that can lead to cancer under certain levels of exposure.
Sentiment: Strong Sell
BUT not all your seeds are modified to soak up systemically ROUNDUP and not be destroyed like the herbicide was made to do.. as it kills weeds in a matter of hours that are in the corn or soybean rows... yet the GMO corn and soybeans thrive... and WE the PEOPLE eat this carcinogen unless we buy organic... MON is all about $$$ like Big Tobacco and Big Pharma ... not where anyone with a conscious would put their money imo...
Sentiment: Strong Sell
just for the hysterical record.. that was meant to be WATCH , not whatch n the subject line...
but i digress... GLTA but know that the dynamic has CHANGED..
don' know if you have organic foods in your area but TRADER JOE'S has organic tortilla chips that i live on... along with other organic products... try introducing some organic corn products into your diet, little by little and see if you are not miraculously cured. ;o)
AND no after hrs trading among the politically correct LONGS... how bizarre is that? do they know THEIR attorneys are better than the class action suit attorneys to follow???????