13 replies to this topic

[securelstmile]

I see a bull flag here and a real do or die point so the stop is easy.

I really like this as both an apple and a vista play. They are both all about the graphics.

Also max pain is 32.50 and I just can not see that being a break down gap, not enough volume but hey I could be wrong and if I am I am so outta here.

http://stockcharts.c...id=p93770262426

[hiker]

PnF chart makes it look interesting, but I still do not like it cause 32.40 former low makes this look like lower low may control the pattern going forward...too iffy for me. I have been out since the last time we talked about it here.

http://stockcharts.c...llery.html?nvda

also note today's price trend on the 60 min relative to the BB

Edited by hiker, 18 January 2007 - 02:28 PM.

[securelstmile]

Hiker, You have to draw the trendline for the bull flag. We are at the bottom channel line. I know it took guts to add especially since I am already under water just a little though. If it falls below that line with any substance I know it is time to collect my chips and move on. I appreciate your insights. This is a rocky one but I think it is the best of all the chip stocks. But maybe we shouldn't own any chip stocks. That idea has sure crossed my mind.

[hiker]

daily...a horizontal zone that must hold...sellers are in control of this..and have no need to worry until at least a move back above 32.40?

Edited by hiker, 18 January 2007 - 02:37 PM.

[securelstmile]

Thank you for that, I forgot to look at the old highs. It is always these trades where I feel like a nut where I usually end up doing my best. I haven't quite thrown up yet just mild nausea.

[vitaminm]

nvda/pnf bpo 27.62


http://stockcharts.c...nvda,PLPADANRBR[PA][D][F1!3!0.5!!2!20]&pref=G

[securelstmile]

Why does your pnf look different than mine?

http://stockcharts.c...id=p93770262426

[hiker]

Ok..tyring a scalp or more...a move below 31.25 will definitely take me out of this long scalp...31.25 makes sense as a potential first round pause for short covering just a daytrades scalp....unless it closes strong for some reason HOKU is amazing....I am in large from near today's low....took off all my cost basis on the move above $7 everything pales today from this one so far...too high for entries now tho'

Edited by hiker, 18 January 2007 - 02:50 PM.

[securelstmile]

I hope I didn't just bring you into my own private hell. Oh but you came willingly and you can handle the heat.

[hiker]

no worries...took a 23 cent scalp...I am out