GREY:FGBDF - Post by User
Comment by
Dojitrader15on Apr 20, 2017 7:59pm
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Post# 26146342
RE:RE:Out Again!
RE:RE:Out Again! I agree with all your points MoneyCristo, but short term I'm hoping for a lower entry.
~A few of my concerns are as follows. I don't care how the stock ended at the lower end of the trade today, and actually spent the better part of the day there....Yes even though it had a 13% gain. So basically, I don't like the candlestick.
~Other than the first 15, there really wasn't all that much volume compared to other news events days.
~This one I'm sure you'll all love. Yes, there is yet another GAP to fill. To which is where I put a bid in at the end of the day......0.79
~Yes the RSI broke the 50 line but can just as easily break through the other way as I only see it at 55.71...in other words, it can still go either way from here.
~Slow Stoch is still under the 50 line so there's more resistance.
~MACD looks good but still has not crossed.
That's the daily chart analysis.
MoneyCristo, it was the 1 hour chart I wasn't feeling comfortable with.