iBankCoin

Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Enough to Wet My Beak with This Coffee Trade Into the Bell

chessNwine Tue Jul 9, 2013 3:53pm EST 9 Comments

555px-Massimo_Fanucci

Here was what I wrote for members in 12631 just now: A Coffee Pair Trade.

New Coffee Pair Trade: Long $THI @ $55.47 Stop-Loss: Below $53. 1/2 starter. Charted this last night. SHORT:$DNKN @ $44.03. Buy-cover stop: Above $46. 1/2 starter based on bearish engulfing candle today and lagging the market after steep rally.

I will discuss these stocks and much, much more after the bell on my video market recap. See you there.

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

9 comments

  1. Option Addict
    Option Addict
    July 9, 2013 at 3:58 pm

    How you like JVA Old Sport?

    I love the long term look of this.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • chessNwine
      chessNwine
      July 9, 2013 at 4:00 pm

      Looks like $6.35 to me the nut to crack to unlock a short squeeze. Been a while since that name saw some action. Used to be a great one.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. sodapopinski
    sodapopinski
    July 9, 2013 at 7:35 pm

    Haha dude you’re the man, my Dad and I quote the great Don Fanucci all the time

    -Coop

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Surfnm
    Surfnm
    July 9, 2013 at 9:30 pm

    Chess, do you run cointegration calcs (ADF, Johansen etc) for pairs trades? If so vba, mathematica, python or…?

    Pairs trading is shaping up to be a multiweekend project…maybe even a whole bunch of multiweekends. Quite the interesting rabbit hole.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. charles c
    charles c
    July 9, 2013 at 9:40 pm

    Mr chess….on a different topic…NATH…all I can say is thank you..took it after your post,,and $$ fast

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • chessNwine
      chessNwine
      July 9, 2013 at 9:43 pm

      Great to hear, charles. Nicely done. Especially with a stock which trades thinly. I assume you took it before the hot dog eating contest?

      • 0
      • 0
      • 0 Deem this to be "Fake News"

© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy