rizhal
Supremacy Member
- Joined
- Dec 12, 2012
- Messages
- 5,640
- Reaction score
- 1,854
Holding forever.
Profit taking hence the dropping now.
There is a med conference on Sep13 by GERN CEO. Hopefully more great news.
Holding forever.
Futures pointing to a positive open but will gains disappear into the close of Monday trading session? I am intending to buy MSFT tonight, hoping for a bounce. May be a dicey trade given all the negative sentiment from trump's problems to China tariffs weighing on the indices.
Same, doubled within two monthsMy first one bager. Long on AMD.
when MU will stop laosai
Thanks. Think still a dicey trade - I was a little undecided as we had this tariff war brewing and about to blow up this week and if this go through, it may see stocks getting sold. In the end, I decided to follow my trading rules which tipped the scale towards buying.
That said, I was stopped out earlier because I was complacent - had a string of wins and forgot some of my rules and got stopped out of KBR and CRUS. Normally I would not go long when the index is toppish or overbought and I typically buy stocks which has some solid support behind it.... support either from my read of volume price analysis or those from established trendline or horizontal support. I went long NTAP last night as well. So if you look at these 2 stocks, they were sitting nicely against uptrend line, bouncing above them. Weis wave volume read indicates to me that its still bullish sentiment surrounding the stocks.
Now, I am going to protect myself with trailing stops at every USD 500 of profits. I normally do that after I hit USD 1k pnl.
Another stock that I missed last night was Visa - I decided not to take on too much risk and hence bought only 1 out of the 2 that got shortlisted from my research.
Dukecs33, do you use price above sma as filter condition for price above trend?
I will be looking at 34-40 ish level.
Sitting at a massive -30% for MU...MU pre market cui again, 41.76 tonight will break down 40 ?
Sitting at a massive -30% for MU...
me -24% as of today, not far from you
MU pre market cui again, 41.76 tonight will break down 40 ?
Yup. Cut my losses on BILI @-30% too...I'm on 20% loss.
You take more but you have to give some. That's part and parcel of investing.
Next week is ER. Let's wait for guidance from the management.
Cutting loss is an option. I have no fear to cut loss and move on.