four 5,087 posts msg #148596 - Ignore four |
7/19/2019 8:02:51 PM
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kossvet 147 posts msg #148600 - Ignore kossvet |
7/19/2019 9:38:28 PM
If it were me I would short it.
Stop loss at 275.
If it breaks below 250, I would add to my short position.
Just my 2 cents
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graftonian 1,089 posts msg #148640 - Ignore graftonian |
7/22/2019 11:49:21 AM
Sit and wait, short if it breaks 250
This tip and $3 will get you a cup of coffee.
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nibor100 1,044 posts msg #148641 - Ignore nibor100 |
7/22/2019 1:24:33 PM
Applying Graftonian's latest Weinstein filter modified, see below, it appears shorting at this time might be a little risky. Relative Strength line appears to be moving upward gradually, Stock may be entering Stage 1, and Schaff Trend Cycle is showing an upturn from the 50 level which historically for this stock has meant several days of price increases.
Ed S.
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Mactheriverrat 3,157 posts msg #148642 - Ignore Mactheriverrat |
7/22/2019 1:56:19 PM
Weekly chart tells me that ABMD is in a state of flux. Its weekly price is in a trading range or what one would call a Darvis box. It could go either way . I would keep a eye on it but odds that she will go down before the goes up due to downward momentum.
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kossvet 147 posts msg #148724 - Ignore kossvet |
7/29/2019 8:42:55 PM
Nibor
You were correct. Hit my stop loss today. Glad it was just paper trading.
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Mactheriverrat 3,157 posts msg #148750 - Ignore Mactheriverrat |
8/1/2019 1:14:43 PM
And ABMD breaks below support line on weekly -
Look at Below which is great if your shorting ABMD
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