In case you missed it, a few nights ago I wrote a post devoted entirely to the emerging long setup in $CSTR. Today, the stock impressively bounced off of the 200 day moving average, and also filled the gap dating back to last April. About an hour ago, I bought a 1/2 starter (noted in The PPT). I just added 1/4 more, as the Redbox parent company looks ready to, at the very least, attack the upper end of its multi-month falling channel.
My original buy was at $40.06, and I just added ad $40.84 (again, timestamped in The PPT). I see that the stock is exploding as we speak, so keep that in mind if you are trying to swing trade it.
I also sold out of my $BTU position, as I did not like the candles the stock has been printing over the past few days.
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TOTAL PORTFOLIO:
EQUITIES: 44%
- LONG: 44% ($ATPG $CSTR $HMIN $NANO $TIEĀ $VMW)
CASH: 56%
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you nailed it. I almost bought some, wish I would have.
Well done.
Thanks, RC. I think it has juice left.
turd shorts now 42.15
day or swing?
day – targeting 41.50
it should get there
i pussed out. covered 41.75
good catch earlier.
Baa!!!! You the man brother!
Thanks, Goat.
thnx turd
I’ll try to get it if it comes back a little more. I suppose you know blockbusters just declared bankruptcy!
Yep, I looked at it last night because of you but didn’t buy.
There will be other days but good call and glad you and others afre making coin today.
Thanks, flyaway.
Always opportunities.