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Post by mango on Nov 14, 2018 18:42:54 GMT -5
In a nut shell ... peppy's chart just explains the flight pattern of those ufo's sighted in Ireland by several airline pilots. 🤣 Probably your best post yet |
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Post by minnlearner on Nov 14, 2018 18:51:06 GMT -5
Thank you.
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Post by mytakeonit on Nov 19, 2018 0:52:43 GMT -5
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Post by Clement on Nov 19, 2018 8:51:51 GMT -5
daily chart
Tightest Bollinger bands in a year!
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Post by peppy on Nov 19, 2018 12:33:04 GMT -5
Off topic, I am back. this market sure is flushing.
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Post by akemp3000 on Nov 19, 2018 12:50:51 GMT -5
"Tightest Bollinger bands in a year" and "market sure is flushing". Please help us non-technicals understand the implications of what this means is likely coming next.
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Post by peppy on Nov 19, 2018 12:55:42 GMT -5
"Tightest Bollinger bands in a year" and "market sure is flushing". Please help us non-technicals understand the implications of what this means is likely coming next. Liane, I love you.  MNKD seems to be holding support here. The market under pounds of pressure. MNKD has the break away Gap. We seem to be stable. The SPX. MY best guess, a year long head and shoulders this is the right shoulder, the measured move is to the 200 week.   Europe has rolled, China has rolled. there is more money in shorting stocks other than MNKD. |
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Post by sportsrancho on Nov 19, 2018 13:32:51 GMT -5
Housing market rolling over, Amazon in bear market territory, apple went into a dive! Luckily I sold SQ over a month ago. It’s had a 30%loss since then. I thought I’d buy it back at $60 but Pete says there’s no end in sight yet that the option market will signal a turn but not happening yet.
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Post by mytakeonit on Nov 19, 2018 14:12:39 GMT -5
So peppy is back ... I didn't know she left. And the market is flushing because she came back saying "Liane, I love you."
From what I understand of the chart ... we have a head and shoulders ... and the sprinklings of the stock going up in the day is dandruff. But, we're not worried because the tight Bollinger bands will keep our girlish figures and the guys will ignore the dandruff.
Well peppy ... did I get it?!!!
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Post by peppy on Nov 19, 2018 14:20:04 GMT -5
So peppy is back ... I didn't know she left. And the market is flushing because she came back saying "Liane, I love you." From what I understand of the chart ... we have a head and shoulders ... and the sprinklings of the stock going up in the day is dandruff. But, we're not worried because the tight Bollinger bands will keep our girlish figures and the guys will ignore the dandruff. Well peppy ... did I get it?!!! No. I say Liane I love you because she tolerates my posts. |
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Post by Clement on Nov 19, 2018 14:29:48 GMT -5
"Tightest Bollinger bands in a year" and "market sure is flushing". Please help us non-technicals understand the implications of what this means is likely coming next. From stockcharts.com: "According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline." In other words, buckle your seat belt. |
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Post by cedafuntennis on Nov 19, 2018 18:50:32 GMT -5
Thank you all. We needed some chart interpretations here rather than the annoying Snowing in Hawaii posts. It is too bad that the Bollinger contraction came just as the market started to roll over. Now my worry is that it will take MNKD with it even though the technicals are all pointing higher. This drop to 1.71 is not that encouraging to me as the 50 day looked to provide good upward support till it broke it a few days ago. Now the Bollinger seems to be expanding in the down direction. Hope it's only noise and within the standard deviation margin. Thoughts?
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Post by goyocafe on Nov 19, 2018 19:04:22 GMT -5
Thank you all. We needed some chart interpretations here rather than the annoying Snowing in Hawaii posts. It is too bad that the Bollinger contraction came just as the market started to roll over. Now my worry is that it will take MNKD with it even though the technicals are all pointing higher. This drop to 1.71 is not that encouraging to me as the 50 day looked to provide good upward support till it broke it a few days ago. Now the Bollinger seems to be expanding in the down direction. Hope it's only noise and within the standard deviation margin. Thoughts? When this is all over, I hope I never hear or read the word hope again. |
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Post by mytakeonit on Nov 19, 2018 19:43:18 GMT -5
Thanks tennis ball ... I'm glad to see that someone is reading my posts. My posts are just to give ... whomever needs it ... a break from the mind breaking stress of trying to figure out where the market is going. There are so many theories and what you decide to follow may not be the correct way to follow the market. Bollinger Bands are fairly nice because it follows a trend line with a standard deviation ... so you get a general picture of where the price is headed. BUT, this may not be true. The market has a mind of it's own. Bollinger Bands probably is most useful to options traders for obvious reasons, but sometimes it causes you to sell too early or buy too late.
When I was doing day trading, I found that following a 20 day moving average was way too far out. I followed daily trend lines and it worked best for me.
Right now, I tossed all theories out the window when it comes to MNKD stock. I already bought a ton where I thought was the bottom ... and it averaged out the shares I bought when I thought it was a runaway train. Now I'll just sit and wait because I know that the trend line will be going UP and UP and UP ... etc. So, everyone has their own game plan ... and I have mine.
BTW, if you don't like my annoying posts ... you can block me out.
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Post by letitride on Nov 19, 2018 20:34:15 GMT -5
"Tightest Bollinger bands in a year" and "market sure is flushing". Please help us non-technicals understand the implications of what this means is likely coming next. Will it pop or will it drop. Thats what that means. Are we expecting news? |
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