CSTL: Here's the double bottom!
Only fools sell at the low low $4.
posted by beanie11111 | 12:33 PM
About Me
- Name: beanie11111
- Location: USA
The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!
- The stock i researched this weekend hasn't broken
- New pick for Monday!
- SYNM technicals: Longer term trade.
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- SIMC: Trust me, this one is in play.
- SYNM: This is my last post today.
- GEOI: I have no doubts that it will hit above $12
- GEOI: I have no doubts that it will hit above $12
- GEOI: I have no doubts that it will hit above $12
- ELTK: put it on your radar.
4 Comments:
You suggest / recommend to buy this stock?
This comment has been removed by a blog administrator.
beanie..why diff time ( i posted my first comment @1.30pm) is shown in all posts ? is that bcos of diff time zone ? if so can you tell which time zone..
that wud help in accessing ur posts accordingly..
thanks beanie..
~Jil
I am from the Pacific Time Zone.
Those who bought CSTL at 10:00am got pulverized! You never ever ever buy a fast moving stock near 10:00am ET!!! Why? Because the traders usually run the stock to 10:00am and then they all bail or short it!!!!
CSTL was a buy at $4 (but you need to mentally set a stoploss still). but TheStreet.com spooked everyone with their article. It appears to have a negative conotation. Normally, a fast mover on news usually do not go back below the gap up on the same day. I bought back at $4 and got out when it couldn't hold.
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