my suggestion,Pick some of this up as a Classic before Earnings Report Runner, use money management and risk controls, make sure to dump it before actual earnings day or if Draw Down Rules stop you out.
trade at your own risk, this is a suggestion only
This thing is such a POS it could not even put three up days together, not that anyone even gives a hoot about this stock...by the way in AH trade tonight I shorted LNKD from 243 to 227.00 and just covered. Day off for me tomorrow.
SODA, the last two days is a typical "Earnings Runner" trade going into the report. the larger trend is down but why can't you make a little Scratch being a flexible trader. You could learn all these strategies from me, One of my strategies has a 92% win rate every earnings season when the rules are followed... 92 PERCENT!
$SODA search the twitter sphere for the $SODA see where I went both short at the 'D' point Oval in yellow and covered slowly at the bottom rectangle in Yellow. Flat for now. Chart shared on Twiiter is from TOS, click on the small PIC to see the larger chart...don't worry no one here including myself will know it's you peeking at any shared charts...LOL
Yahoo will probably block these shared chart links because that is what websites like yahoo do but here are is both a short term 30 minute with red lines indicating important levels of support and resistance of where likely areas of gain taking are standard if short, notice the the reversal candle on the 30 min. chart coincides with a Daily angled trend line at the .50 level. if daily can not hold expect those previous lower SODA prices to be tested. Remember the Larger Trend Is Your Friend.
Until the larger trend changes with major support levels holding with clear buyers in control, why would anybody own or trade long this turd of a stock?
Click the links then click on the smaller Picture of the shared chart to see larger shared chart. This may take two posts on yahoo to accomplish.
SODA and it's Excrement Minions have proved their worth once again, Bearish Gartley Correction Pattern with a standard Reversal Signal at point D to SELL with scales and trails along the way.
I warned you all before, stay away from stinking and sinking toilet bowl flushes on message boards.
YOKU hurt today what a crazy Ivan...we will review it after the close...basically the review will go like this...Don't trade this crazy stuff with any size if at all.
NEWM shorted it heavy as soon as broke below pre-market low today then covered at 18.57...then a revisit to this short again at 19.17 then added too the short once the buyer at 18.85 was beaten now just took 95% profits again at 18.68, will let the last 5% ride until EOD or stopped out...this is what successful trading is all about. Stick with the rocket ships -- either taking off to outer space or crashing & burning.
That my friends is your nugget of wisdom for the day.
Have a great weekend! Hug a loved one because life is to short to sweat the little stuff!
MO to 48.30 Target today... Gomer Pyle says GOLLY -- SHAZAM...How does he make these fantastic calls...now will 48.09 touch...does not matter the main TARGET TOUCHED.