graftonian 1,089 posts msg #148616 - Ignore graftonian |
7/21/2019 12:49:10 PM
I agree with the speaker on that video, I do not believe that the brief action on gold is sustainable.
Graf
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nibor100 1,031 posts msg #148617 - Ignore nibor100 |
7/21/2019 1:51:29 PM
Regarding MU, I'm only about a third of the way thru the Weinstein book, but it seems to me that he would not pick MU for a trade as there is a lot of past overhead resistance that this stock would have to fight thru, and there are probably better stock buying opportunities out there for larger possible gains.
He seems to believe the opportunity cost of trading requires focus on the very few very best chart setups...
At least that's my gist so far, am I offbase?
Thanks,
Ed S.
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Mactheriverrat 3,156 posts msg #148622 - Ignore Mactheriverrat |
7/21/2019 7:20:49 PM
@Ed
MU is just a nice setup - Very near resistance breakout.
IMHO!
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davesaint86 725 posts msg #148627 - Ignore davesaint86 |
7/21/2019 11:30:07 PM
Agree Mac!
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davesaint86 725 posts msg #148628 - Ignore davesaint86 |
7/21/2019 11:39:35 PM
MU on my hourly chart. Still a buy. On the weekly about ready to break above resistance.
https://www.tradingview.com/x/VEUWiuJJ/
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Mactheriverrat 3,156 posts msg #148632 - Ignore Mactheriverrat |
7/22/2019 7:28:23 AM
@dave
I'll be watching
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graftonian 1,089 posts msg #148635 - Ignore graftonian modified |
7/22/2019 10:05:50 AM
1/2 hour into Monday, still hasn't gained any legs.
Update: BTO MU Aug 47C $172.
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davesaint86 725 posts msg #148637 - Ignore davesaint86 modified |
7/22/2019 10:45:53 AM
There is a gap at $48.45 from 9/16/18 which should act as the next resistance point if the breakout above Friday's resistance stands.
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Mactheriverrat 3,156 posts msg #148643 - Ignore Mactheriverrat |
7/22/2019 2:06:39 PM
WOW!
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Mactheriverrat 3,156 posts msg #148670 - Ignore Mactheriverrat |
7/24/2019 9:56:03 AM
According to the screener at nextbigtrade.com MU has crossed over to stage 2.
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