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#1
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CROX is looking very bullish Double bottom
Looking like a bullish move out of a double bottom.
Also: looks like crox has finally made an exhaustion gap, a strong sign that the bottom is near or even here. Here's some info from stockcharts.com "Exhaustion gaps are those that happen near the end of a good up- or downtrend. They are many times the first signal of the end of that move. They are identified by high volume and large price difference between the previous day's close and the new opening price. They can easily be mistaken for runaway gaps if one does not notice the exceptionally high volume. It is almost a state of panic if the gap appears during a long down move and pessimism has set in. Selling all positions to liquidate holdings in the market is not uncommon. Exhaustion gaps are quickly filled as prices reverse their trend. Likewise, if they happen during a bull move, some bullish euphoria overcomes trades, and buyers cannot get enough of that stock. The prices gap up with huge volume; then, there is great profit taking and the demand for the stock totally dries up. Prices drop, and a significant change in trend occurs. Exhaustion gaps are probably the easiest to trade and profit from. " VOLUME IS STARTING TO PICK UP GUYS. I am getting ready to load up on good old CROX http://finance.yahoo.com/echarts?s=C...urce=undefined
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 Last edited by whodi; 04-05-2008 at 01:25 AM. |
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#2
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bought into CROX today, gapped up a little but waited for the pullback.
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 |
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#3
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i was looking at them over the weekend, i am just learning and im glad to see this. i dont know much about the concepts but my line of thought was around the same.
i'll keep my eye on it and see how it moves.... |
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#4
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Nice day for CROX, definitely looking like the beginning stages of an uptrend and is making higher highs out of this downtrend, which is even more positive.
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 Last edited by whodi; 04-08-2008 at 03:51 PM. |
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#5
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Hope you took profits on CROX Whodi. Harsh warning. Lower guidence for the year, etc
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#6
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I did this time. I got cremed once before and made it back in after hours but it didn't happen this time. I sold more than half my position on the break over 20 on 9th and closed out of the position after it started pulling back. It pulled back to much after the nice run for my liking. It was looking bullish and shouldn't of pulled back as much if it was poised for a breakout, so I ended up selling the rest on Thursday around 18.50ish
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 |
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#7
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I did just recently loaded up in after hours, average position is 12.75, I wont hold this one that long
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 |
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#8
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sold at 13.30, nice quick profit
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 |
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