StockFetcher Forums · Stock Picks and Trading · Intraday Alerts<< 1 ... 1689 1690 1691 1692 1693 ... 1903 >>Post Follow-up
Mactheriverrat
3,172 posts
msg #136772
Ignore Mactheriverrat
7/14/2017 5:36:03 PM

AMZN - Ascending triangle building up to break out. Then watch the greedy investment house's pile on afraid they will miss the bus.

Mactheriverrat
3,172 posts
msg #136773
Ignore Mactheriverrat
7/14/2017 10:28:55 PM



johnpaulca
12,036 posts
msg #136781
Ignore johnpaulca
7/15/2017 11:18:07 PM

70% of the S&P 500 stocks are bullish

77% of the DJI stocks are bullish

75% of the NASDAQ 100 stocks are bullish

64% of the Russell 2000 stocks are bullish

62% of the NYSE stocks are bullish

-I would say the trend is intact



johnpaulca
12,036 posts
msg #136786
Ignore johnpaulca
7/16/2017 5:45:52 PM

Which chart would you trade long left or right? counter trend is downright dangerous especially for newbies and even seasoned traders....I just don't get it!!
Trade with a tail wind not a headwind. I see so many people here still cannot identify a trend...geesh!!

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pthomas215
1,251 posts
msg #136787
Ignore pthomas215
7/16/2017 7:26:37 PM

And I dont get why anyone would endorse long MDT, which is near its resistance level right now. GE, to answer you. Easy one. I dont know how to post graphs on this thing but there is a clear channel to $29 resistance from where it is now. MDT is near its resistance level now, but hey, it is your money not mine !

johnpaulca
12,036 posts
msg #136788
Ignore johnpaulca
7/16/2017 7:48:58 PM

MDT was just an arbitrary stock I picked to show a up trend. I'm already out of this stock, note green dashed line on chart where I sold.

pthomas215
1,251 posts
msg #136789
Ignore pthomas215
7/16/2017 8:05:07 PM

But you are still endorsing going long on it right now. I dont think my endorsement of GE deserves the personal attack my canadian friend, especially from a guy who 4 months ago went long on Gold, only to watch it plummet for the next 2 days. I guess JNUG wasnt in an uptrend when you bought it.

I trade in accordance with Elliott Wave theory, and you can have a downward trending channel with corrective action, which is what i am referring to.

johnpaulca
12,036 posts
msg #136790
Ignore johnpaulca
7/16/2017 8:15:03 PM

I said newbies shouldn't counter trade because of the danger. Yes, I counter trade all the time, I have a sound money management strategy. I'm long gold(GLD, RGLD, AEM) and oil.

pthomas215
1,251 posts
msg #136791
Ignore pthomas215
7/16/2017 8:50:39 PM

ok no worries. My apologies for getting a little bent.

johnpaulca
12,036 posts
msg #136792
Ignore johnpaulca
modified
7/16/2017 9:24:46 PM

No apologies necessary PT....have a great evening!!


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