Post by
bullchart on Nov 02, 2015 10:47am
House 7 crossing again today
This time 20,000 @ 40.15 Almost a 2.00 move off the bottom. Nice. 2 days up two day down rythem. I do expect a close at or near the low today. Prepared just in case
Comment by
adamchess on Nov 02, 2015 10:52am
You mean 2000? Last time you said you trade 1000 at a time. Regards
Comment by
bullchart on Nov 02, 2015 11:02am
No...what I was saying was 38.35-40.30....the move was almost 2 bucks off the low on this recent leg. No one gets the bottom or top bit a piece of it is nice for those waiting in this oversold one. Just my opinion but we are still seeing selling into strength, at least so far.
Comment by
greenpasture on Nov 02, 2015 1:02pm
Yes. I noticed after that happened we have not been able to move above $40. I wonder if there's a few more crosses waiting in that area? Like you, I am wondering if they will rally into the close or hold this below 40 dollars today.
Comment by
bullchart on Nov 02, 2015 2:59pm
Well I guess we got our answer. First time below 40.00 since oct 20. Low volume so still just consolidation I believe. Next week earnings so lots of voiltility. CRH was in the red today because of their expected earnings. When you omit the profit and loss from the earnings report, you pretty well know something is up.
Comment by
bullchart on Nov 02, 2015 3:08pm
Still could close over 40... Got awhile to trade yet. Yes with this low volume anything could happen