Post by
fdfd12 on Nov 27, 2015 2:40pm
CHART
CXR is consolidating right now. Waiting for the 13 day avg to get closer.
Notice how close it is getting. Check the Nov 18 take-off. See how close the 13 day was then.
Sometime next week, probably Tuesday or Wednesday, the 13 day will be within $1.50-$2.00 and we should have another run of $4 to $55 by next Friday. (unless something bad happens to the drug sector or a complete colapse of the stock market).
Comment by
TSX10Bagger on Nov 27, 2015 3:03pm
Agreed just play the chart and hope history repeats itself because the same buyers beforew ould be the same buyers now those that see the future value. It isn't a bout if it is about when leave emtions and wishing out you buy or sell trend and price action
Comment by
CJAlberta on Nov 27, 2015 3:03pm
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Comment by
CJAlberta on Nov 27, 2015 3:09pm
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Comment by
fdfd12 on Nov 27, 2015 3:17pm
A contradiction, wouldn'tt you say, CJ??
Comment by
jakob123 on Nov 27, 2015 3:21pm
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Comment by
fdfd12 on Nov 27, 2015 3:26pm
sorry I mis understood CJ's quote earlier
Comment by
CJAlberta on Nov 27, 2015 3:33pm
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Comment by
fdfd12 on Nov 27, 2015 3:37pm
I thought, when you put up the 2 quotes, they were both from argentina. I realized later that the bottom one was yours. fdfd12<----- it is a he in his 50's
Comment by
CJAlberta on Nov 27, 2015 3:02pm
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Comment by
fdfd12 on Nov 27, 2015 3:15pm
I don't know what that is. VWAP or whatever. What does it stand for
Comment by
jakob123 on Nov 27, 2015 3:18pm
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Comment by
CJAlberta on Nov 27, 2015 3:29pm
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Comment by
fdfd12 on Nov 27, 2015 3:32pm
I use the yearly chart with daily prices. I use bar chart with closes.
Comment by
CJAlberta on Nov 27, 2015 3:43pm
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Comment by
fdfd12 on Nov 27, 2015 3:47pm
I meant, i put up a yearly chart, and each bar is ONE DAY. The exponential 13 day is $47.91. When this comes close to the price, that means we are no longer overbought and time for a move (since the fundamentals are that of a $100 stock).
Comment by
CJAlberta on Nov 27, 2015 3:57pm
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Comment by
Bullphighter on Nov 27, 2015 8:20pm
Ahhh you math guys. Thanks guys that was interesting.
Comment by
health1234 on Nov 27, 2015 8:37pm
Bullphighter -WHEN WE ARE GOING TO RICH $73.15 in idea/ per chart and /vrx factor
Comment by
SkyeCairns on Nov 27, 2015 8:56pm
FWIW my 13 day exp moving average is just under 48
Comment by
fdfd12 on Nov 27, 2015 9:08pm
That is right. When it gets to within, $1.00 to $1.50 away from the price, then imagine the 13 day being a FIRE and will too hot for the price and the price will RUN away higher from the 13 day because of the HEAT, lol. That is the way it works IF CXR is a GREAT stock. If CXR goes below the 13 day and stays there for a few days, then we have problems.