who saw it coming? price was supposed to hold the 5 day ema on the way up if this was heading higher. we have a reversal now. and the big boys are getting out in the premarket. remember this post
1025.87. a break below this level will bring heavy volume, technical selling pressure.
when GOOG breaks the 5 day ema, it goes to the 20 simple day. every time. like clockwork
congratulations if you took your profit and got out.
He sold because price is sitting at the upper trendline of resistance on the weekly chart. He knows price is coming down in the short term
Investing in tech stocks seems like a better idea than going to work.
My parents have given me access to my colleg funds. I want to make a splash. Never invested in stocks but I started watching Jim Cramerson. I want to buy GOOG, TSLA, and AAPL with about 20k of my money. I figure when they go up and double, I will be able to buy a nice car like a Hummer or something. Why just let it sit in cash and not earn me money. These stocks don't seem to ever go lower, so what does everyone think?
anyone else see that? Knight was the bottom feeder with ARIA also. Look out 2nd half of day for shorts being forced to cover. Big boys are here now and will buy from weak hands
the risk is to the upside here. fresh longs coming into the picture today
not good news for longs here. Looks like Knight Capital is getting out to the tune of 150,000 shares
if it were going to new highs, it would be there after that breakout of flag pattern. instead, price has constructed a bearish parallel channel for the first time in months. this is the beginning of a massive price decline. longs should take profit today
Price needs to close above $185.50 in the first 30 mins of trading. If it can't, then we will see a massive price reversal rest of day. Remember this post. $185.50 or better at 10:00
congrats to those who sold and took profits up here. Bears have a lot of work to do on the downside this week. Huge buyer of the $140 puts that expire end of week. This sucker is coming down hard this week
Sentiment: Strong Sell
Knight sells stock for a number of reasons. They buy for only ONE reason. This stock is going much higher
math was off. 112 weeks total for the downtrend. broken today confirms uptrend. meaning. THIS IS A 3RD WAVE relentless buying pressure. $4 wave 3 target. imo
go get some
John Najarian mentioned PPHM a few weeks back. Mentioned the unusual call buying activity, accumulation of $5 and $6 calls for next March. This stock will move big, but when?