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Bullboard - Stock Discussion Forum 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 Discussion

NEULION, INC. > Once in a while I like to show off my powers
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Post by egaman on Sep 08, 2017 12:14pm

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...
Comment by egaman on Sep 08, 2017 12:43pm
Obviously most ppl don't even bother to read my msgs properly (like calling me a tech analyst instead of chartist).  So, let me re-iterate for y'all pinheads out there. 1.  There is support at .56 2.  Support at .56 has nothing to do with the 40K shares bid there at the moment. 3.  When those 40K shares bid r gone, and the SP drops to .55, ppl will panic and hit the ...more  
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