good thing i didnt sell aapl
Stock Market Intraday Chat: Jan 16th - 20th - Page 15
Take a look at COOL, huge bid volume and very less supply, down 28% with a very good increase in revenues over previous year. MACD is giving a buy signal. I think the sell off is over done and is done. High chance of being a profitable trade.
Edit: This is at 2.15 at the time of this posting
I have been watching it for a while. Seems the big players are hell bent on taking this one to moon and not in a mood to give up yet even after 500% gain.
That is why, I think 1.20 is a short term floor and one should be able to exit with a very good profit.
TVIX at 22.93, getting back to where I want it to be..
May take a position in this on Friday!
I follow COOL it is at a discount if I had the extra cash atm I would buy 2,000-3,000 shares. Its not going to get much lower.
Would never argue with you but Cramer was indicating we may go higher. Well to be factual an analyst was comparing China trends to U.S trends and its worth a look (last nights show). It unsettled me a little as I planned on S and P shorts at 1300. (Not doing it now). I am not suggesting Cramer or the chartist/tech knows more than you just saying have a look at is may influence your decision or at least delay it a little.
Cramer is pretty smart, but he's not the best timer on his tv show. He usually comments on fundamentals. I'm no psychic but I'm just trying to scalp some intraday moves. Hasn't the Chinese market moved down a bit the last couple weeks? A lot of funds must be playing catch up or covering shorts because the European crisis seems to have blown over for the time being.
Why risk profits with competing companies earnings coming out soon? Of course it's personal preference, but earnings can have unexpected effects on prices