I hate to break it to you, but it looks like JDST is about to move up in trend soon from this tight range. Last week gold couldn't hold 1320, and is now under 1310 as of Friday close already. Gold continues to fail this summer whenever it hits low 1300's resistance points.
All the geopolitical events have likely climaxed in intensity in the short term & become priced into gold already.
At this point, Gold is likely going to re-test much lower toward 1280, then 1250 area by Fall.
Despite my selling for a quick day trade toward the 2's (as was my minimum upside target), I still think NEPT levels on daily chart are very oversold relatively speaking. So there's a good chance for longs to benefit later.
I chose to take profit @ approx 2.04 today at market open on NEPT (from 1.91 two days ago).
Good luck to the rest of you
He;s also one of those gold promoters that always says bullish statements on gold. you can not base a trade on timing of his statements.
Gold hasn't proved a bottom yet. Go take another look at your 'charts' . Downward bearish channel still occurring & it continues to sell off every time it hits critical resistance points within the downward channel.
I think you'll be eating your words later when CBLI releases news data & developments.
Revenues were down, but otherwise there was nothing to be scared or to really laugh about.
Like I said, a likely break out into 2's again. Since entering Aug 5 @ 1.91, I'm still holding today yet anticipating 20 day avg or higher on this (2.20-2.30) at a minimum for technical reversal.
In regards to seeking a much higher trade on UGAZ further out in many months, I again today RE-ITERATE my start position rec on UGAZ (since 13's), along with scale-in preps going into Fall before Winter. 20's minimum by winter, 30-40 likely.
(and I called UGAZ in early November 2013 before its huge run up). Being prepared for 912 on UGAZ to add more there, if happens --- FYI.
MARK THIS POST.
I re-iterate my start position rec on UGAZ (since 13's), along with scale-in preps going into Fall before Winter. 20's minimum by winter, 30-40 likely. Mark this post (and I called UGAZ in early November 2013 before its huge run up).
I had been calling for upper 1's since about May, which came close, however after re-assessing today, it is showing good signs of support from a couple weeks ago since 2.02 for a seemingly developing double bottom. time will tell. I'd still have some ammo ready to avg down for 1's if it happens.
Made start position in NEPT today @ 1.91 approx. I think we see a reversal soon. There was some nice activity off of the 1.89 level this morning with increased volume buying later on @ 1.95, which is a good indication of some conviction from lows here. Also looking at multi-year chart, this stock has a history of recovering in short term from extreme oversold occurrences like this.
funny, no matter what I post here @ CYTX, there is always a douchhhe bag to stop by and make ugly comments to me.
FYI--- I was asserting that CYTX seems to have bounced off the low 2 area & I think it is signaling a good chance it might have bottomed from there.
And for the record, I'm glad I'm not 'smoking' whatever you are!! You can't even understand my simple post above.