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NEULION, INC. T.NLN

"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."


TSX:NLN - Post by User

Post by egamanon Sep 08, 2017 12:14pm
208 Views
Post# 26672225

Once in a while I like to show off my powers

Once in a while I like to show off my powers
I can't be bothered with such a small move.  BUT...

Here's a trade I will put down at 75% success rate.

It looks like a lot of sellers will be pushing the sell button once support at .56 breaches.  To beat the market, one must be a contrarian.  Buy when others r selling, sell when they r buying.  Hence, the 75% probability trade would buy at .56 or below and sell at around .61-.62. 

It will conincide with the market wanting the Bollinger Bands to contract.

But like I said, I'm always after the much bigger fishes and can't be bothered with such a small price movement...
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