Back to www.cobrasmarketview.com |
Do you use cash or option?AK84 wrote:anyone looking to short PCLN with me ?
I see 500 as a great spot to go short but im going to start getting in a bit early. Sell off from 550 high to 420 was super strong so its def not 1 legged down as our God snake would say. But im liking 500 as a good area to load up on a short term trade to the downside ...lots of good resistance there
Entered short at 1195. A little underwater right now.SB73 wrote:Entered shorts at 1/10 of position at 1170, 2/5 at 1190, and 1/2 at 1198...stop 1210ish....watching today's close. Up 40% in last month, but only 20% ytd.bullbear52 wrote:I start to put up spread sheet, how many people buy/sell at what price, no I didn't take name, just to see how good we as a group performed, please if possible post your entry number I am careless of exit.
Cobra do you have any perspective on pullback size?Cobra wrote:the bigger picture, I think a pullback of some kind is due. I have 2 concerns:
ChiOsc too high.
RSP is lagging.
Plus TICK chart I mentioned last night.
so chances are high a pullback of some kind is due. But before that bulls should make at least one attempt to break the morning high.
my daily resistance line is up at 86.70. today's inverted h&s target it 86.4.. we almost hit it already. a close above 86 and i am going swing long for a play to 90 ( even though crude has been up 5 days in a row.. over 10 bucks. crazy )Dow Trader wrote:BTW, this crude daily chart
You and me both. Grind, grind, grind times 1,000.uempel wrote:This is annoying, I hate these stagnant markets. SPX doesn't show any sign of weakness and 377 is looming at 1212...
Morning high looked like an overshoot to me.Cobra wrote:the bigger picture, I think a pullback of some kind is due. I have 2 concerns:
ChiOsc too high.
RSP is lagging.
Plus TICK chart I mentioned last night.
so chances are high a pullback of some kind is due. But before that bulls should make at least one attempt to break the morning high.