Exactly, I don't get why some people have to be so negative....how does that help? Like any and all advice, take what works for you discard the rest. No need to be a baby about it...lol
That is what you seek and have not found, I am merely collaborating on ideas.....because unlike you I don't know everything...different points of view are refreshing for me.
Thanks for your input, I am looking for it to trade back down to at least the May 7th lows, assuming as you said it does not bounce back up over that level at 157.68. What size chart are you trading off of?
Do you follow LNKD?
It looks to me in a 60 min chart to be in a rising wedge in a downtrend, also appears to be forming a right shoulder in the 60 min chart. I am thinking a rather big drop is eminent, what do you think? Thx.
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I did just look again at previous gap downs and looking at the gap down in Feb from 70 area to 57 area, it took 7 trading days to recover (fill) that gap. Tomorrows action will be telling for sure.
Thanks, TA does work. Although didn't see this news coming and this harsh a drop in one day. But nevertheless it should recover to the 53.25 price this week and then we see what the chart tells us at that point. GL trading.
I agree with this methodology, and I agree with the need to fill gaps. But what about todays huge gap down? What time frame to fill this? I think this will happen if they make a positive announcement on something, otherwise it could languish. Your thoughts?
Uptrend, and should have gotten the stock back to at least 70. Now who knows .....down about 9% right now.
Agree 110 is a slam dunk, but it may go to the 50 day EMA at 102.11 as of this writing...that is when I will look to close my puts or at least place a tight stop.
Well, not sure why you wish to insult me? At the time of that post it looked to me to be in a rebound trend, it did not hold and I was stopped out of my call position. Which I then bought puts again. So from 95+ down to here I have not lost money on my position, can you say that? Didn't think so Einstein.