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#1 linrom1

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Posted 19 September 2020 - 07:05 PM

 

LT chart portends further 50% correction.



#2 CLK

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Posted 19 September 2020 - 07:23 PM

Do you have a large % of your account short this stock?

If so, are you hedged at all in case it fails?



#3 linrom1

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Posted 20 September 2020 - 01:23 AM

Do you have a large % of your account short this stock?

If so, are you hedged at all in case it fails?

No, I am looking for a scalp to go long for a rebound in wave b.



#4 CLK

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Posted 20 September 2020 - 05:50 AM

A=C would be around 60, not sure why you are looking for such an extreme C move.



#5 linrom1

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Posted 20 September 2020 - 08:16 AM

A=C would be around 60, not sure why you are looking for such an extreme C move.

True, but it happens to be .68% retracement of AMD advance and it also falls into prior area of wave IV. My main reason for looking at AMD was to see if I could get an idea of what is happening to NQs.