Today I just experienced the same feeling and I am committed to holding strong. This morning before the market opened I wanted to get long something on the commodity end. I always have a list of stocks I am willing to buy or short and I pulled out my list and of the 150 companies I cover I saw one that fit what I was looking for.
Molycorp: mcp
Here is what I saw:
- stock showed long bias (above opening range and held above for half duration of defined opening range)
- broke through prior months resistance
- all three moving averages pointing in direction of bias
What has the opposite characteristics at this point in time?
HPQ
Nice move on MCP. I quizzed some chat room members about making a play on it, but choose to SOH instead. Congrats on the good play (I'm jealous)!
ReplyDeleteSome other platform users mentioned some curious actions from yesterday: no actual positions having been taken. Descriptions sounded familiar to other first-person events. Visit Swimmin' or Drownin' blog for more details. ps: nice apple tree image above
Thanks man! Sometimes you get a little luck, but my indicators did say that this is what is about to move.
ReplyDeleteWhat is the link to Swimmin' or Drownin' blog???