deandemattia17
1
deandemattia17 Dec 30, 15 12:41 PM

@rex74 I love talking about stocks though so it's great to get multiple opinions

rex74
rex74 Dec 30, 15 12:47 PM

@deandemattia17 - I like your sporting attitude! - you are right about the fundamentals but atm, the support is still strong for a quick collapse imo - also, based on experiences (with stocks that went from the 5 dollar grp to over 15), i see this coming down for a another round of bull - the lower the better since the upside is better - also the fundamentals has FDA approval which shld be enough for another try imo - and congrats on your shorts so far!

deandemattia17
deandemattia17 Dec 30, 15 12:49 PM

@rex74 Thanks, of course I am taking profits quickly and not risking a potential bounce.

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deandemattia17
deandemattia17 Dec 29, 15 1:38 PM

@rex74 Very true but I'm confident it's all hype and will fall in the coming days. I'm in @15.59 with small position so ill hold till tomorrow

rex74
rex74 Dec 29, 15 1:52 PM

@deandemattia17 - since you got a plan, it doesnt look too dangerous but this stock broke out a major trendline (on the daily) last Wednesday - and its doing all it can to hold - in fact tommorow shall see an uptrend continuationj given todays p/a. I would have let it complete the uptrend somewhere in the possible 18s before hitting the "2nd red day", and not the 1st. My two cents and good luck trading - cheers!

deandemattia17
deandemattia17 Dec 29, 15 4:04 PM

@rex74 Very true I was stubborn on this place and should have cut losses quicker. Still managed to be green for the day through gains from $REXI, and UGAZ.

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rex74

[TimAlerts] RLYP - is a rising wedge cracking for now - wldnt take any position for now but this shld come dip on Monday for another round

rex74

[TimAlerts] RLYP - I would not mess a short with this with this current p/a - possibly get toasted on a Mon gap up - wait for it to complete the uptrend imo

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