Dear Students, Dissect together with Digest.
This is how the merchandise was Executed.
(If I shout out back correctly)
POPI
4.21.2015 - 5.14.2015
Set my Trail Stop at 1.12 Darvas.
But every bit presently every bit I saw the cerise flag on that possible bull trap,
Ahhh.. So that's how King Geoffrey felt.
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Update 6.19.2015
After a breakout from that 1.28,
POPI zoomed upward to every bit high every bit 1.59
whipsawing a lot of traders along the way.
Currently, that 1.28 Level is the electrical flow business inwards the sand
for TF players. Swingers would conduct hold their supports
pegged at 1.42.
Ideal scenario adjacent calendar week for this infant is to gap this upward at
the opened upward just 1-3 flucs higher together with concord that 1.47 line.
Another scenario would live to even out out all the weaklings
up to 1.42 back upward (preferably higher) together with therefore closed this at
1.47 or higher.
Whatever the case, RSI lxx inwards the daily must concord if we'd
like to run into some other activity pumped calendar week for POPI.
If it holds, await a 2-4 days consolidation
before the adjacent upsurge.
If it doesn't motion yesteryear then. Be afraid.
Be really afraid.
Smells similar PWR/BHI/PHES/APM/IS play all over again.
I wishing I had this form of uppercase during those days.
Sweet.
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Update 6.25.2015
Came therefore to a greater extent than or less some other 1M for this month.
Too bad bulls together with buying pressure level weakened.
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Just an intraday snapshot 'at the highs' electrical flow port is lower than this. |
So today's closed looks similar a potential 'top' for this run.
If nosotros desire this coin making machine to maintain printing
us to a greater extent than money, nosotros should (ideally) permit it residuum for a while.
I loathe consolidations. But what's a few weeks of waiting
for an awesome run right?
If I were the marketplace put maker hired to depict POPI, I'd live establishing
supports at 1.73-1.61 before blasting this off to the 2.xx levels
and distributing my adjacent batch of shares.
Hopefully these levels hold.
I was able to accept a screenshot of this 'event' earlier.
Market makers trying to conduct hold a 'big buyer's presence' felt.
The funny matter close this trap is that those pocket-sized fishes and
shrimps mean value that UBS or whoever it is, is on THEIR side - that
This large unusual buyer won't sell at a loss. EVER. Well wrong.
Coz you lot never know if UBS is only i of King's many alteration egos.
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