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#1 kd44

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Posted 01 August 2013 - 06:11 AM

8/1/13
STOCKS:
YOKU:
7:12EST

The current move up from 18.81 still has a little more upside – I’m looking it to terminate from 22.56 to 22.65 – it could even reach 22.75, then after this movement it heads back down to 21.27 (more or less) although the move up to 22.56/22.75 could supply us with the top or it could develop after this level is achieved which will give us the exact price level and time frame

Traders take profit at these levels; initial movements are always the easier play, always after easy coming off of a long term bottom then easy becomes difficult, or very difficult; always. Add to that the stock is up (17.99/18.03 buy level) 22% since the first week of July.
Currently the reload is at 21.27 with a stop below 20.25 but that can change

In the event I’m wrong and it goes through 2.75 then it’s up to 23.10

Big Picture:
No change
Taking out the key pivot at 21.75 opens the rally door immediately up to 36.66 although 36.66 opens a second big rally door up to 126.14


#2 kd44

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Posted 01 August 2013 - 08:46 AM

8/1/13
STOCKS:
YOKU:
9:43EST
Wow what a blast off –
Holding (daily close) 23.10 is immediately bullish and means up to 25.03 to 25.89

Trading strategy – took half off - now 23.10 is the marker (bull/bear divider) for immediate direction - move all stops up to 21.65


#3 kd44

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Posted 01 August 2013 - 10:55 AM

8/1/13
STOCKS:
YOKU:
9:43EST
Wow what a blast off –
Holding (daily close) 23.10 is immediately bullish and means up to 25.03 to 25.89

Trading strategy – took half off - now 23.10 is the marker (bull/bear divider) for immediate direction - move all stops up to 21.65

what a move on YOKU - fast and strong just keeps snowballing the shorts like a vacuum cleaner wow up to 25.03 to 25.89 wow if the velocity continues then up to 26.43

#4 kd44

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Posted 01 August 2013 - 11:17 AM

YOKU:
1:15EST
Tomorrow earnings come out therefore close all your position before today’s close.


#5 kd44

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Posted 01 August 2013 - 12:19 PM

YOKU:
1:19EST
24.07 is the key pivot between now and today’s close
above it up to 25.38
Below it down to 23.34


#6 kd44

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Posted 01 August 2013 - 02:03 PM

YOKU:
CORRECTION

YOKU Earnings Date
Earnings announcement for YOKU: Aug 05, 2013 -
above 23.96 (closing price today) maintains a strong buy signal up to 25.03 to 25.89