SamuelBuffett

@PatrickST @PatrickST Hopefully this will clarify your confusion. I'm only going over the chart from a technical perspective. Now, Generally, when support is broken, it will turn to resistance. Ideally, the same concept applies with $MCP. If you look at the chart, I boxed (in green) prior support for MCP. Then I boxed prior/ideal resistance (in red) for MCP. When a stock experiences a breakdown (i.e. support being broken), generally resistance will occur. There was prior support (in green), then it broke down (pink oval). Later, there was a test of its resistance (white). The resistance failed, and the stock was going to test once more (next white we referred to). At this time, there seemed like there would be a breakout, however, it failed, proving itself to be another point of resistance where Tim G. shorted into. Since I do speak in hindsight, when you notice that the stock does reject breaking out of its resistance, you then put in a starter short position (in this case) with a risk of the high of days, so if this high is broken, then maybe there might be a breakout (in this case there was no breakout).

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SamuelBuffett

[TimAlerts] $RADA float is rotating between buyers and sellers, could possibly have a fairly large run-up like it has done in the past. The available float is 4.63M; however, it traded so far 12.28M shares. Which is roughly 2.65 times the float. Be careful if you plan to hold this as a short for multiple days, wait for the right time!!

SamuelBuffett

[TimAlerts] "[The Audit Committee] material weakness in internal controls over financial reporting existed as of the affected periods noted above. In response, management has implemented certain changes in its internal controls and believes that these weaknesses have been remediated. EXXS

SamuelBuffett

[TimAlerts] NXTD "Wocket" is going to be promoted. I beg of you all, do not fall in love with the product (sounds fairly nice), trade the chart.

SamuelBuffett

@mgorsulturk I'm hoping you see what I was talking about, I understand $AMRN may crash later on in life, but I was sizing into the position and also market broke out to hod, so I had to get out as soon as possible. Losses would have been much more had I held on to the trade despite my personal rules telling me to get out at the break of hod.

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SamuelBuffett

[TimAlerts] Looks like I may have called wrong spot on $AMRN , still waiting on 2.63 to break before I take loss on trade. trading at 2.61 now.

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