Been loading up on FLEX the last few days

[whodi]

Intra-day, over 11.80 will be the 1st break of its downtrend. But the stock on a 1 year and 2 year chart. Could be a nice longterm hold.

[The Little Giants]

Whodi, I'm not disagreeing with you on FLEX, but I am not seeing what you are refering to when you said over 11.80 would be its first break of its downtrend? Can you post that chart when you are able to?

[whodi]

At the current time, if you looked at FLEX on today's chart, it kept making lower lows, and a break above 11.80 would of been the 1st higher high for the day. Thats all, nothing to crazy. I was drawing lines from about 10:26 to around Noon. It didn't work anyway because it continued the downtrend.


Drawing lines are never exact but work a lot. This is what I was looking at intraday but like I said, it never broke out of it anyway and is continuing the downtrend intraday. I would say 11.70 would be the next entry point for a possible break now. This stock doesn't move that fast though, so not a great daytrading stock.


http://finance.yahoo.com/charts#char...urce=undefined

[The Little Giants]

OK, I thought u were saying that u were loading up the last few days and intraday, but that over 11.80 would be the break of a downtrend. Misunderstood you. Good luck with it.

[whodi]

My bad, probably should of been a little clearer. Looks to be forming an uptrend not intraday, but for a hold right now. Earnings are next week as well. I like the 1 and 2 year chart on it. Could be a keeper for a week or so.

[The Little Giants]

I have calls and have been adding calls on NEM. I like it as a long term hold (6-12 months).

Closed a few of my shorts recently. I'm holding a percentage of a couple positions until at least Monday. Sold the rest of my VMW puts.

I'll watch FLEX.

[whodi]

Love everything about NEM, its a great company. Traded that stock so many times. That stock has been one of my top 5 money makers this year. FLEX help up rather well today. Next week will be interesting. Haven't really traded at all. I just got moved into my new place and have been having a lot of issues with my modems. Mostly been on the sidelines and having my friends buying FLEX for me.

[whodi]

I think FLEX will start moving once it closes over 12.02. Would really like to see it close above 12.20 and then I think it will really start moving.

[whodi]

Testing 12 right now

[whodi]

Nice day for FLEX, starting to break out a little. Closing above 12.20 can be key for this stock.

[whodi]

Stock closed above 12.20. FLEX has all the bullish signals now and made a new 52 week high today from January 17th, which was 12.28. Stock started its uptrend on August 28th. Lets see how far FLEX can FLEX its muscles here. Hope some got in on the dip last week.

1 year

http://finance.yahoo.com/charts#char...urce=undefined


2 year chart will look even better later once it shows todays candlestick


http://finance.yahoo.com/charts#char...urce=undefined

[Goods]

Had a small gain from the dip last week but sold it. Picked up another 500 sh @ $12.32. Breakout looks good. Love to see it touch $13.26 from last Oct's high.

[pats08]

good luck with flex,, they can be scarey at times ,, that company just drops real quick and takes a long time to crawl back ,,

good luck whodi,, i love your homework tho

[whodi]

Thx Pats, I have already unloaded a lot of shares and have made solid profits on it, still have a large position in it as well.

[whodi]

Unloaded more shares on the the run today. Still holding some of FLEX. Been waiting for this break out. Took a little but finally broke out.