Bquat's Account Talk

[Bquat]

Testing resistance as support from above. Good so far. Chart:

 

[Bquat]

No profit taking but the upwards move is slowing down making the thin red line look more like resistance. Chart:

 

[Bquat]

I don't know what happened but hoping it finds support here. Chart:

 

[Bquat]

Well, not looking too good for me. It did find support on the Blue line. I shortened my Midterm Channel and trusting the Blue line for my Short-term Channel. We will see. Chart:

 

[Bquat]

Well, that really went bad. EOD Chart:

 

[nasa1974]

Well, that really went bad. EOD Chart:

It didn't start bad but then swirled right into the toilet.

 

[Bquat]

Sure, would be nice to close above support.

 

[Bquat]

I still can't figure out the Midterm or Short-term. Looking at support here. Chart:

 

[Bquat]

I still can't figure out the Midterm or Short-term. Looking at support here. Chart:

Well, support held, go figure. Now we have direction and ahead of schedule, right? Chart:

 

[Bquat]

Changed my Short-term with market close. Not too strong today as it tests my 50 SMA. Chart:

 

[Bquat]

This is good right? Up from here? Chart:

 

[Bquat]

This is good right? Up from here? Chart:

I was at doctor's appointment. 180 from yesterday. Down from here, right? Chart:

 

[Bquat]

I was at doctor's appointment. 180 from yesterday. Down from here, right? Chart:

Yep, big change. I am expecting the dip buying to start soon. 100 SMA tested. Chart:

 

[Bquat]

Yep, big change. I am expecting the dip buying to start soon. 100 SMA tested. Chart:

100 SMA held and now 50 SMA and 20 SMA tested as resistance on first test. Chart:

 

[Bquat]

Sell off after hitting resistance. Testing my 50 SMA as support as we speak. Chart:

 

[Bquat]

Because of the bottom tails, I am going with this breakout. Chart:

 

[Bquat]

Change in direction has really surprised me causing a redraw. I need the dip to be bought big time. I am very concerned about a negative cross of my 20 SMA over my 50 SMA. Chart:

 

[Bquat]

Pretty good dip buying after the downward pop this morning. Moving averages acting as resistance so far. Still looking better than expected. Chart:

 

[Bquat]

Pretty good dip buying after the downward pop this morning. Moving averages acting as resistance so far. Still looking better than expected. Chart:

Wow, this could even stop the 20 SMA crossover. Chart:

 

[Bquat]

I just don't know. Will the double bottom be enough? Chart: