well, guess that's it for today. Need dig a little before calling tomorrow. Bad omen if another red day tomorrow, I'll explain to members if indeed. Oh, tomorrow is NFP day, which was not very bull friendly recently. Thank you guys, I'll see you tomorrow.
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TraderJoe wrote:Here is a stock some may be interested in, I copied this from a news letter;
Pandora Media - P - close: 9.49
Target(s): 10.75
It looks like shares of Pandora may have bottomed. The stock has been building on a bullish pattern of higher lows. Now P is poised to breakout past resistance at the $9.50 level.
Please note that I do consider this an aggressive, higher risk trade. Not only is P a somewhat volatile stock but in addition to resistance at $9.50 there is also potential resistance at the 200-dma (near 9.65), the exponential 200-dma (near $10.00) and the $10.00 level itself.
If Pandora is able to breakout it could spark a short squeeze.
The most recent data listed short interest at 60% of the 110.9 million-share float.
A trigger to open small bullish positions at $9.60. If triggered our target is $10.75.
TraderJoe wrote:Here is a stock some may be interested in, I copied this from a news letter;
Pandora Media - P - close: 9.49
Target(s): 10.75
It looks like shares of Pandora may have bottomed. The stock has been building on a bullish pattern of higher lows. Now P is poised to breakout past resistance at the $9.50 level.
Please note that I do consider this an aggressive, higher risk trade. Not only is P a somewhat volatile stock but in addition to resistance at $9.50 there is also potential resistance at the 200-dma (near 9.65), the exponential 200-dma (near $10.00) and the $10.00 level itself.
If Pandora is able to breakout it could spark a short squeeze.
The most recent data listed short interest at 60% of the 110.9 million-share float.
A trigger to open small bullish positions at $9.60. If triggered our target is $10.75.
Up 5% today
50dma on the weekly is at 10.18 and resistance around 10.12...
GM, potential short-term russell abc then up again? Not sure as I don´t like yest.candles they are not very sexy
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Euro index decline looks very corrective in smaller TF, no big damage still above 50
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Silver...as I said earlier not out of the woods...new order to buy @28.62 after 5W
5W
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Natural gas, building possible base for rebound...looking to play it
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
TraderJoe wrote:Here is a stock some may be interested in, I copied this from a news letter;
Pandora Media - P - close: 9.49
Target(s): 10.75
A trigger to open small bullish positions at $9.60. If triggered our target is $10.75.
Up 5% today
Stuck on 10.00, strong res I said
I'm happy as heck, I bought Jan 9 calls for .65 and sold them same day for $1.05, that's 62%.