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ManoLive

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  • After Surprisingly Successful IPO, Care.com Quiet Period Expiration Provides Buying Opportunity [View article]
    Thank you for the article. I didn't know about the release of reports being delayed. I have a position in CRCM, and hopefully it will get a boost this week. Your article gave me peace of mind.
    Feb 17, 2014. 12:06 PM | Likes Like |Link to Comment
  • After Surprisingly Successful IPO, Care.com Quiet Period Expiration Provides Buying Opportunity [View article]
    Actually, it's all about reading the chart and looking for a good entry. The 50% FIB line held, and the stock should climb from here. Buying opportunity.
    Feb 17, 2014. 12:59 AM | Likes Like |Link to Comment
  • LiveDeal: 50% Downside Possible In This Promoted Stock [View article]
    Thx
    Jan 30, 2014. 03:12 PM | Likes Like |Link to Comment
  • LiveDeal: 50% Downside Possible In This Promoted Stock [View article]
    Hi Chris, excellent article.
    Jan 30, 2014. 09:41 AM | Likes Like |Link to Comment
  • LiveDeal: 50% Downside Possible In This Promoted Stock [View article]
    Wish I could short it, but my broker doesn't have any shares.
    Jan 28, 2014. 11:48 PM | Likes Like |Link to Comment
  • How Carl Icahn Will Accelerate Apple's Ascent [View article]
    Seems like only yesterday $600 was a bargain.
    Aug 15, 2013. 01:06 AM | Likes Like |Link to Comment
  • Apple: Reality Bites, So Time To Sell [View article]
    Deja Vu! I heard some of these exact same arguments about a year ago, right before and during the historic crash.
    Aug 11, 2013. 05:21 PM | Likes Like |Link to Comment
  • Apple: Reality Bites, So Time To Sell [View article]
    No offense Halukcan, but so what? That argument has been tossed around before and it hasn't helped the stock price even one iota in the near term for investors. Just because they CAN do something doesn't mean they will. It seems that AAPL prefers to hoard their money, and it also seems they could care less about how their stock performs. Being long AAPL has been dead money for a long time for investors, but profitable for traders if they time their entry and direction correctly. Yes, I said direction. Because AAPL no longer just goes straight up. It has become just another stock, with its many peaks and valleys.
    Aug 11, 2013. 05:20 PM | Likes Like |Link to Comment
  • Apple: Reality Bites, So Time To Sell [View article]
    ...or it could break through the 20SMA and continue lower. Each time it has reached the 380's, the 20 and 50 SMA provided no support on the way down, or resistance on the way back up. This could be a profitable trip back to the $380's. I'm just saying it's possible, so keep an open mind.

    Yes, it had a classic double bottom and rallied both times. It also had a classic double top and sank each time. Now, the second leg of the double bottom has peaked and is heading right back down again to form a classic triple top, IMHO.
    Aug 11, 2013. 04:58 PM | Likes Like |Link to Comment
  • BlackBerry: Short Interest Fall Again And Catalysts For Further Upside [View article]
    What I see on the BBRY chart is interesting. There's a huge gap to fill back up to $13.50. Often a stock will fill that gap. It may happen quickly, or it may take months. Friday was a huge battle between the bulls and the bears as the stock see sawed all day on strong volume.

    We saw a doji appear on Friday, meaning the opening and closing price were about the same. It was the 3rd doji we've seen in the past 4 trading sessions, indicating great indecision on the part of investors/traders. However, after a long black candle last Wednesday, the stock has shot back up, and if Monday is a white candle day, I'd say the bulls have won this battle and it would be a good time to stay/go long.
    Aug 11, 2013. 12:25 PM | 1 Like Like |Link to Comment
  • Apple: Reality Bites, So Time To Sell [View article]
    Thanks for that response, Fear. It definitely is heading to its 20 SMA, and if it beaks through, that should be confirmation of it's renewed downtrend. A close in the 440's should confirm that. I think the only thing that will really move the needle is a deal with China Mobil. But we've been waiting years for that to happen. When will it happen? Will it happen?

    The fact that there was even talk of the board replacing Cook also cannot bode well in the near term.

    I have to think the buying opportunity would come below 400. Hopefully the stock will re-test it's resistance and I can short it from there. If it drops next week, I will hop on for the ride down.

    Regards
    Aug 11, 2013. 11:33 AM | Likes Like |Link to Comment
  • Apple: Reality Bites, So Time To Sell [View article]
    Has anybody noticed the AAPL chart looks like it's at the beginning of a triple top formation? It hit 469.95 on 03/25, 465.37 on 05/08, and finally 471.89 on 08/06. After the first 2 peaks, it dropped down to the 380's. Could that happen again? We'll see.

    1. Prior Trend: With any reversal pattern, there should be an existing trend to reverse. In the case of the Triple Top Reversal, an uptrend should precede the formation.

    2. Three Highs: All three highs should be reasonably equal, well spaced and mark clear turning points to establish resistance. The highs do not have to be exactly equal, but should be reasonably equivalent to each other.

    3. Volume: As the Triple Top Reversal develops, overall volume levels usually decline. Volume sometimes increases near the highs. After the third high, an expansion of volume on the subsequent decline and at the support break greatly reinforces the soundness of the pattern.

    4. Support Break: As with many other reversal patterns, the Triple Top Reversal is not complete until a support break. The lowest point of the formation, which would be the lowest of the intermittent lows, marks this key support level.

    5. Support Turns Resistance: Broken support becomes potential resistance, and there is sometimes a test of this newfound resistance level with a subsequent reaction rally.

    6. Price Target: The distance from the support break to the highs can be measured and subtracted from the support break for a price target. The longer the pattern develops, the more significant the ultimate break. Triple Top Reversals that are 6 or more months old represent major tops and a price target is less likely to be effective.
    Aug 10, 2013. 09:14 PM | 1 Like Like |Link to Comment
  • Apple: Reality Bites, So Time To Sell [View article]
    Funny, I heard the same thing last August....
    Aug 10, 2013. 07:52 PM | 1 Like Like |Link to Comment
  • Apple: Reality Bites, So Time To Sell [View article]
    Actually, I think AAPL will be on the rise when it closes in the $480.00 area. That would be a good time to go long, IMHO.
    Aug 10, 2013. 07:50 PM | 1 Like Like |Link to Comment
  • Apple: Reality Bites, So Time To Sell [View article]
    No offense, but I've been reading the same great stuff about AAPL since the crash started and every day since. When is all this great stuff supposed to happen? Next year? The year after? What happens if the overheated stock market has a 20% correction? Will the stock somehow magically rise through that, even though it's been unable to during the current all time highs? Enough with all the fundamental BS on AAPL. I'll believe it when I see it.
    Aug 9, 2013. 08:11 PM | 5 Likes Like |Link to Comment
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