First, i apologize if my post sounded rude. there
Post# of 3935
(Total Views: 465)
Posted On: 10/31/2017 12:45:01 AM
Re: Honeycomb777 #3707
First, i apologize if my post sounded rude. there was no intention of that. Tone gets lost in typed words and i appreciate your original post. very informative.
I always say 'price decides the chart', not 'chart decides the price', and so i can only go off of what i see:
1. The heikin ashi chart is screaming 'buy'. for those who know of this chart, they would have bought as much as possible October 20th.
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...6264394698
2. the three line break chart is amazing. if i were interested in GIGL, i would have bought several millions based off this chart alone
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...3494737935
3. The Chart with EMA lines 13 & 48.5 is also impressive. notice the 13 line is just about to cross 48.5:
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...0270394106
For those who dont know EMA lines, youre probably familiar with the 50/200MA lines. They are useless, outdated, and wrong. if you want profit, youll learn to use EMA lines 13 & 48.5
Notice the standard 50/200 chart is no wheres near crossing:
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...0640817588
Combined, and by looking at this chart:
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...5782240343
..if i were actually investing/planning on investing, id give GIGL a 97% Buy rating for 10/31/17 (minus 3% because it is highly likely a pullback will occur within 7 days)
As to how high it runs, no one can say. Again, if i were actually investing/planning on investing, i would focus more on my Sell price than how high it will go. Based on 'Joey68's Scale of Confidence'...
See here:
http://imgur.com/bGzG3CW
...i would currently place myself on the '2: Medium confidence' level.
Once the price hit .10 to .15, I would be on the '10: High confidence' level in which i would sell and never look back.
Its fine to go from low to high confidence, but going from high to low indicates doubt, and doubt leads to lost profit potential. you always want to be on the left side of the scale and i always try to sell before doubt sets in.
I rarely go long. I want profit 'now', and do not have thoughts in my head such as, "I cant sell! It may go higher!" I quieted those voices long ago. Each GIGL investor needs to invest based on their own strategies and what works for them. For all we know GIGL could jump to $4 tomorrow.
Again, it doesn't matter if GIGL runs to $1 and the whole board is jumping for joy in excitement. Profit is ONLY made once an investor sells. the concept of 'you only lose when you sell' is a lie. ive sold at a loss countless times, reinvested the remaining balance into a lower price stock, and turned that into tens of thousands of dollars.
Good luck
Not investment advice
I always say 'price decides the chart', not 'chart decides the price', and so i can only go off of what i see:
1. The heikin ashi chart is screaming 'buy'. for those who know of this chart, they would have bought as much as possible October 20th.
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...6264394698
2. the three line break chart is amazing. if i were interested in GIGL, i would have bought several millions based off this chart alone
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...3494737935
3. The Chart with EMA lines 13 & 48.5 is also impressive. notice the 13 line is just about to cross 48.5:
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...0270394106
For those who dont know EMA lines, youre probably familiar with the 50/200MA lines. They are useless, outdated, and wrong. if you want profit, youll learn to use EMA lines 13 & 48.5
Notice the standard 50/200 chart is no wheres near crossing:
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...0640817588
Combined, and by looking at this chart:
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...5782240343
..if i were actually investing/planning on investing, id give GIGL a 97% Buy rating for 10/31/17 (minus 3% because it is highly likely a pullback will occur within 7 days)
As to how high it runs, no one can say. Again, if i were actually investing/planning on investing, i would focus more on my Sell price than how high it will go. Based on 'Joey68's Scale of Confidence'...
See here:
http://imgur.com/bGzG3CW
...i would currently place myself on the '2: Medium confidence' level.
Once the price hit .10 to .15, I would be on the '10: High confidence' level in which i would sell and never look back.
Its fine to go from low to high confidence, but going from high to low indicates doubt, and doubt leads to lost profit potential. you always want to be on the left side of the scale and i always try to sell before doubt sets in.
I rarely go long. I want profit 'now', and do not have thoughts in my head such as, "I cant sell! It may go higher!" I quieted those voices long ago. Each GIGL investor needs to invest based on their own strategies and what works for them. For all we know GIGL could jump to $4 tomorrow.
Again, it doesn't matter if GIGL runs to $1 and the whole board is jumping for joy in excitement. Profit is ONLY made once an investor sells. the concept of 'you only lose when you sell' is a lie. ive sold at a loss countless times, reinvested the remaining balance into a lower price stock, and turned that into tens of thousands of dollars.
Good luck
Not investment advice
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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