Kids don't get it.
See ya. Tons of puts being purchased. Up on fluff and pump. Know when to take profits.
This is going to hit between 40-45 by next week. Easiest $200K I'm going to make this year.
One day you will wake up see the news. I've seen these charts before.
Sorry pumpers. This move wasn't CHK specific. The POS UPL tripled in 2 days. SWN and SDRL two other BK companies making huge gains.
This is hardcore resistance. Will crater like SUNE
Sell Sell Sell. The ride is over. This company is essentially BK.
Keep holding and adding the dips.
Who knows how high. Careful of the morning fade after gap open. Hold your shares strong. It will be quickly bought up. A close of 5 is not out of the question. 3.50 is a gimme. First resistance area.
For anyone who doubts my calls. Check what I predicted LNKD would close at 4 hours before end of day. :) My price action skills are pretty good.
I agree. The problem is the rallies have no lasting power. Unless you get guidance hike this is stuck under 20 till next earnings report or some kind of buyout rumor.
Price action is my specialty. Yesterday looked so promising today turned to reality. This is just a heavily shorted solar with dim prospects and downgrades daily. Thought FSLR earnings could give it a boost. All rallies get faded. Not my kind of stock. 1 day spikes then 5 dead days.
I'll lose $.25 anyday of the week to make $5.
Gotta play to get paid. No guarantees in stock market. Market rallying at day highs while this dead weight stays at day lows.
FB near all time highs. TWTR up 50% from lows. LNKD should spike to minimum 125 area. 8 out of last 9 days green. Massive accumulation taking place. Low shorts so any move up will be met without resistance.
Should spike hard for 2 days very soon for double digits. I think today we could see the spike.
Last chance to load under 120
I'm a momentum trader. If a stock doesn't go my direction from day 1 I'm out. I don't have months to watch paint dry. As I said in a previous post if this crosses 20 I'll get back in. Shorts will halt any spike till there is a real catalyst. I'm not short. I just took the chips off the table. To each his own. GL
I'm not bashing the company at this price. I'm just saying it's range bound. Great candidate for monthly covered calls provided it holds the 17.75 area.
I'll buy this when it closes over 20 on bullish news that can sustain a squeeze. Till then no reason to be in a dead money stock. The guy is right. Don't fight the tape. I was very bullish yesterday but it failed to act as it should of. The tape was bullish yesterday however. Today is when it turned to doo doo.
Buy LNKD. A double digit move pending.
I don't know about his target but let's be honest this price action stinks. Today should have been follow through from yesterday's big bounce. It failed. I fall in love with no stock. I took a shot on a continuation and when it failed to materialize I exited the trade. Sloppy chart that doesn't follow market or oil. Only raised guidance can cause a squeeze at this point. Elon's insider buy spike quickly fizzled.
This stock is a good candidate for covered calls because of the high premium. I'd sell covered calls with a 17.75 stop loss in the equity.
Good riddance with this smelly stock.
I'm in LNKD now at 116. A breadwinner that will hit 130 next week. Cross 119 today. Get in before it's too late. Keep a 115 stop. Always have a stop be it hard or soft.
No follow through from yesterday's move unlike FSLR that continues.
Was afraid the heavy short presence would keep it in check.
Took my loss at 18.50 from 18.75 entry.
What a POS. Still worth risk/reward. Shorts won't cover till there is some kind of bullish news like Elon buying. Lack of any catalyst will keep this range bound. We tried we failed. Next
Volume is heavy in this weeks calls.
Oscar commercial on Sunday