HotStockMarket › Forums › HSM Stock Forum › Trade Journals & Stock Tips › "Pinch Club" hosted by Rock Sexton
New Posts  All Forums:Forum Nav:

"Pinch Club" hosted by Rock Sexton - Page 10

post #181 of 10571
Dude, it was the shit. No pun intended.
post #182 of 10571
Thread Starter 
OK ...... NEOM's still got the make up of a pinch, except that the -DI has not turned down. I thought I might've gotten in a bit prematurely and right now that's the case. I just hate having to wait "day of" to get in ....... debating whether to pull out now and sit back and wait ....
post #183 of 10571
Try a stop loss. They're the rubbers of the market.
post #184 of 10571
Quote:
Originally Posted by Rock Sexton View Post
OK ...... NEOM's still got the make up of a pinch, except that the -DI has not turned down. I thought I might've gotten in a bit prematurely and right now that's the case. I just hate having to wait "day of" to get in ....... debating whether to pull out now and sit back and wait ....
Well, at this price, you can always pick up more while you wait.
post #185 of 10571
Thread Starter 
SYNJ is back on watch.
post #186 of 10571
Thread Starter 
Quote:
Originally Posted by NoJobRob View Post
Try a stop loss. They're the rubbers of the market.
NEOM is? lol
post #187 of 10571
Thread Starter 
Quote:
Originally Posted by Curt D View Post
Well, at this price, you can always pick up more while you wait.
Well, won't have any settled funds until Monday.
post #188 of 10571
Quote:
Originally Posted by Rock Sexton View Post
Well, won't have any settled funds until Monday.
Aahh, I see. Hate it when that happens!
post #189 of 10571
Thread Starter 
Quote:
Originally Posted by Curt D View Post
Aahh, I see. Hate it when that happens!
That's just the way things roll when you're limited to a cash account.
post #190 of 10571
Thread Starter 
Quote:
Originally Posted by Rock Sexton View Post
Adding .........

CHCG
ADLS


Alright that's enough for one night ....... will be keeping an eye out on these. My Scottrade ticker is going to be gettin' a lot of work tomorrow.
Looks like ADLS is having it's day. Volume is great. It's HOD was .285 (+29.5%)

It's like clockwork when it happens...... volume goes up.....RSI turns up over 30.....and +DI ascends upward. It's waning a bit at the moment, but I'm sure anybody who flipped this today loved it. It's above the Par Sar, so it could still potentially move on Monday. Will watch to see if it does.
post #191 of 10571
Quote:
Originally Posted by Rock Sexton View Post
That's just the way things roll when you're limited to a cash account.
Yeah, I have a cash account too. I've just had some good trades lately, so I had some cash on hand. Plus, I'm trying to make better trades, rather than jumping in just for the sake of being in a trade.
post #192 of 10571
Thread Starter 
Quote:
Originally Posted by Curt D View Post
Yeah, I have a cash account too. I've just had some good trades lately, so I had some cash on hand. Plus, I'm trying to make better trades, rather than jumping in just for the sake of being in a trade.
Exactly. Smart trades. Never fall in love with the stock. Take profit. On to the next.

Pennies are a lot like Casino's ....... the longer you play one the more likely the house takes you. That's why I'd rather play the swings.
post #193 of 10571
This doesnt show the PPO but its been decreasing as ADX rising. Price may fall some more, but Im gonna watch
post #194 of 10571
NEOM does look like a candidate on a really good pinch
post #195 of 10571
Thread Starter 
Quote:
Originally Posted by BranRx View Post
This doesnt show the PPO but its been decreasing as ADX rising. Price may fall some more, but Im gonna watch
This one is Verrrrrrrry similiar to NEOM in it's chart make up. Keep an eye on the +DI. It HAS TO kick back up. With the +DI still up near the top, it's still signalling a stronger negative trend.
post #196 of 10571
Thread Starter 
Quote:
Originally Posted by BranRx View Post
NEOM does look like a candidate on a really good pinch
Sure does. It actually managed to dip a tad lower today.........but the volume was up even more so that's a good sign. I'm quite positive there's a lot of people watching and accumulating for a technical breakout.
post #197 of 10571
Thread Starter 
...........life has ceased to exist as I had a very busy work week and have spent nearly all weekend so far putting together my fantasy football rosters......

At any rate, here's a new play to keep a close eye on ...........

BUGS

And another.........

TXMC
post #198 of 10571
Quote:
Originally Posted by Rock Sexton View Post
...........life has ceased to exist as I had a very busy work week and have spent nearly all weekend so far putting together my fantasy football rosters......

At any rate, here's a new play to keep a close eye on ...........

BUGS

And another.........

TXMC
I'm thinking these aren't pinch plays. Unless I'm still confused on the exact indicator readings required for a pinch play.

Since on both of these, the +DI is already higher than the -DI. And the RSI is already at or above 50.

Bugs looks really great with the volume coming in. It looks like it's ready for a run if the volume picks up even more on Monday. Is there any news on this one?
post #199 of 10571
Quote:
Originally Posted by Curt D View Post
I'm thinking these aren't pinch plays. Unless I'm still confused on the exact indicator readings required for a pinch play.

Since on both of these, the +DI is already higher than the -DI. And the RSI is already at or above 50.

Bugs looks really great with the volume coming in. It looks like it's ready for a run if the volume picks up even more on Monday. Is there any news on this one?
I just spent time looking for news on BUGS, but can't find anything. In fact even their freebie Wordpress website doesn't impress me much either.

I think I'll just keep watching, and put the buying on hold.
post #200 of 10571
Thread Starter 
Quote:
Originally Posted by Curt D View Post
I'm thinking these aren't pinch plays. Unless I'm still confused on the exact indicator readings required for a pinch play.

Since on both of these, the +DI is already higher than the -DI. And the RSI is already at or above 50.

Bugs looks really great with the volume coming in. It looks like it's ready for a run if the volume picks up even more on Monday. Is there any news on this one?
I hope you're kidding.

The ADX is above 25, where you want it to be and the +DI is spiking up. This means the strength of the up trend is solid. I'll take an RSI of 50. RSI of 70 is when you start watching to see if it's oversold. The Williams%R is nice, as is the Trix (3,3).

As for TXMC, I think I may have looked at that one wrong. Actually, what I was watching was how that +DI is kicking up and the RSI is picking up heading towards 50. As I noted in a response earlier in this thread, +DI and RSI are good indicators of positive trends.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Trade Journals & Stock Tips
HotStockMarket › Forums › HSM Stock Forum › Trade Journals & Stock Tips › "Pinch Club" hosted by Rock Sexton