It”s been a busy week.

By Rod David | August 13, 2015 - 11:41 am

It”s been a busy week. BABA and GPRO short suggestions on Monday, pointing out SRNA”s ascending triangle yesterday, and all of the instant stock chart analysis requests below. Meanwhile, Gold looks like it has bottomed, and Crude Oil is looking for resolution. I don”t know what that means, but we”ll try to figure it out at today”s Livestox:

Miss Kitty — Looking to go long NUGT, what are the relevant levels and a good entry price please? Posted 2 days ago
Rod-David — NUGT — Almost any price down here is as valid as another in the same range, so long as new lows under 2.83 are avoided Posted 2 days ago
guanito — couple of new prospects: LEOM, TACT – need a blessing from the rabbi. :) Posted 2 days ago
Rod-David — Mazel! Posted 2 days ago
Rod-David — LEOM – The correction from July”s retest of June”s high seems to have ended, next targeting .65 and .76 so long as .41 holds as support Posted 2 days ago
Rod-David — TACT – A lot of resistance around 7.75. If the basing has actually ended, then price should almost literally explode higher through 7.75-8.35, surging steeply. Continuing any higher from here without being aggressive would be suspicious. If a bottom is in, then the next higher objective would be 11-11.75 Posted 2 days ago
guanito — Tku Posted 2 days ago
guanito — Tku Posted 2 days ago
Rod-David — GPRO and BABA — The two most vulnerable charts right now, especially of concern with the broader market”s overnight slide not yet rejected and on its way to recovery this far [past the open. Posted 2 days ago
Tony 48.75VAPEs — Rod. Wondering how to play TRTC under the assumption that the quarterly results tomorrow are good? You said wait for .10 or over .16 on news. The latter looks likelier after good news today and conf call announcement tomorrow… If it rallies tomorrow where is the first big resistance??? Posted Yesterday
guanito — Hi rod – STEV – back from the dead, or just ranging until resistance is pierced? Tku. Posted Yesterday — “Edited”
Rod-David — TRTC — Closing back above .14 ahead of an earnings announcement would suggest the news was being greeted from a position of strength. Otherwise, the .10-.16 range remains in control Posted Yesterday
Rod-David — STEV — Volume patterns aren”t impressive during the recent bounce. But the bounce can test .06 or even .075 while still being only a temporary corrective bounce. Posted Yesterday
guanito — tku Posted Yesterday
guanito — Good morning! Posted this on the other site but they”re a little myopic over there. Going to be an exciting day – metals up, dow down, bonds making new highs because of China, and all that”s shaking in the cannabis space! Posted Yesterday
Rod-David — GPRO and BABA — The two stocks I listed here after yesterday”s open as being among the weakest appearing… BABA is now testing 71.50 support, down 7 points from the mention. Closing above 73.65 would signal this downleg had likely ended… GPRO — Testing support at this morning 55.40 low, but still targeting 54.30, mentioned yesterday around 62.50. Posted Yesterday
Josey — Morning all. Rod does the Money flow act before on balanced volume or in tandem? (Most cases?) Posted Yesterday
casjf — VAPE – is this a capitulation going on or is this the beginning of the next downturn? Posted Yesterday
Josey — Today, tomorrow a good time to add to RAD position? TY Posted Yesterday
casjf — KMI – is this the potential bounce starting? Posted Yesterday
casjf — SCTY – Still think this could go to 37.50 from here? it broke 47.40, but looks like it may try to get back above it, but still early in the day… Posted Yesterday
Rod-David — Money Flow and OBV don”t act, each reflects the same price and volume information, so they lag equally. Is this in reference to a particular stock? Posted Yesterday
Rod-David — VAPE — A descending triangle is now forming, which points lower,but not necessarily as capitulation. A lot of selling pressure was expended today already before even touching recent lows, let alone piercing them. Capitulation doesn”t happen within a range. Posted Yesterday
Rod-David — RAD — Today”s reaction down is threatening to reject the recent probe of fresh highs. That would create a “failed Ascending Triangle.” Might be a better day to sell or to short than to buy Posted Yesterday
Rod-David — LMI — Last week”s 31.05 low attacked last March”s lows, and reacted up aggressively. That seems more like an obligatory bounce, A little further firming today is now attacking resistance at 33.50. Its recovery could target 35.60, but there is no other bullish pattern. Posted Yesterday
Rod-David — SCTY — That was a big rejection last week after retracing much of the latest downleg. Natural support around 48 might trigger a reaction, but volume is expanding into this test of the lower-end of the range which suggests a new downleg is underway Posted Yesterday
Josey — The Money flow and OBV i”m finding in the oil sector stocks. RAD i”m confused :( So I should have sold the other day. What is the final straw on keeping this up leg alive. Posted Yesterday — “Edited”
Miss Kitty — NUGT up about 20% in past two days. What are relevant levels now for going long now? Posted 23 hours ago — “Edited”
Rod-David — RAD — “Should have bought” or “should have sold” isn”t determined by whether the stock subsequently rose of fell. It”s not wholly irrelevant, but there”s a missing link. That is what your goal is, and your risk tolerance, your holding period, whether you establishing a position or adding, etc. If your strategy for achieving those goals isn”t working, then the strategy might be wrong. But executing on your strategy is always what should be done. Posted 23 hours ago
Rod-David — NUGT — The last attractive long-entry predated your asking about this previously, so there was no parameter other than just to buy it with a stop under the lows. There”s still no attractive long-entry, but pullbacks must now hold 3.80 as support Posted 23 hours ago
fennecby — morning Rod. AERO anywhere near a TRTC-like bottom?
(it”s at a ridiculous P/S of about 0.55, with imminent profitability, but no one seems to care). Posted 23 hours ago
Rod-David — AERO – There”s a lot off selling pressure satisfied in the .1.15-1.45 area, the upper-end of which is now being tested. Posted 23 hours ago
Miss Kitty — Thanks for the update. I”m a day late and a dollar short as usual. :-( Posted 22 hours ago — “Edited”
guanito — Me too. Bid 4:12 on the open. Long SIL from Monday. Posted 22 hours ago
fennecby — thanks. How”s WYY looking here? Interesting effort yesterday and today to shake off sellers, no? Posted 20 hours ago
Rod-David — SRNA — Has formed a Symmetrical Triangle during the past week that would be triggered above.14 and targeting .185 Posted 20 hours ago
Rod-David — WYY — A lot of support around 1.41-1.45 but no bullish reason to be retesting it, so not much preventing breaking under it to 1.00 Posted 20 hours ago
Miss Kitty — guanito — I”m starting to feel like John the Baptist after Herod”s daughter in law danced. I keep getting my head chopped off for no apparent reason. Posted 19 hours ago
Rod-David — ;) Posted 19 hours ago
guanito — Lol me too Posted 13 hours ago

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