mahkoh
1,065 posts
msg #130447
- Ignore mahkoh
modified |
8/16/2016 3:55:50 PM
DXPE looks like a possible short.
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johnpaulca
12,036 posts
msg #130448
- Ignore johnpaulca |
8/16/2016 4:12:53 PM
mahkoh
583 posts
msg #130447
- Ignore mahkoh
modified 8/16/2016 3:55:50 PM
DXPE looks like a possible short.
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reason??
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mahkoh
1,065 posts
msg #130449
- Ignore mahkoh |
8/16/2016 4:38:16 PM
It's running into resistance of a congestion area from Oct-Nov 2015,
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johnpaulca
12,036 posts
msg #130450
- Ignore johnpaulca |
8/16/2016 4:47:52 PM
DXPE($29.77)...price target should be close to $33 before any major resis, intraday is being supported by BB40(30min chart). Probability of higher prices are more likely even though we're grossly oversold, it can also crumble if we have broad market sell off.
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BarTune1
441 posts
msg #130451
- Ignore BarTune1 |
8/16/2016 4:51:37 PM
Bought to cover CMCM @ $12.739 near the close. Sold short effectively at $13.30. Gain of 4.4%.
Still getting beat up on REN.
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johnpaulca
12,036 posts
msg #130452
- Ignore johnpaulca |
8/16/2016 5:01:16 PM
REN...riding a tailwind with a weekly close above BB125, $14.54ish would be a good place to cover...imho
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BarTune1
441 posts
msg #130453
- Ignore BarTune1 |
8/16/2016 5:15:00 PM
I'd be very happy with that JP. I've made over 800 round trip trades this year and REN is shaping up to be the worst at current levels!
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mahkoh
1,065 posts
msg #130454
- Ignore mahkoh |
8/16/2016 5:35:43 PM
I was curious whether you were still holding REN but was afraid to ask.. Hope it'll work out OK.
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Kevin_in_GA
4,599 posts
msg #130455
- Ignore Kevin_in_GA |
8/16/2016 7:01:45 PM
The two hurting me are REN (shorted another 350 shares at 18.14 this afternoon to get to 700 shares short at and average price of 15.64) and GOGO which I need to get back below 11.06 to breakeven.
My long plays got a little toasted today as well so no relief there ...
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johnpaulca
12,036 posts
msg #130458
- Ignore johnpaulca |
8/17/2016 9:57:28 AM
REN....today buyers will try to keep it over $17.36 and sellers below.(30-min timeframe). 2nd 30-min bar will give you an indication where it's going today.
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