After today’s rally, I am sitting here with a watch list of stocks to buy that was empty just the day before.
I know when I was learning most of what I know, (I still am daily) it wasn’t following others into trades that helped me most, it was looking back at a pattern so I could identify it the next time it happened.
So let’s go over GSV Capital Corp (GSVC)
(side note: I am impressed by this companies website. It looks clean, professional and to the point. Something that you would expect for such an investment company, but I might be easily amused.)
Anyway, I assume if you are in GSVC, you are not a “dividend” type investor. Down moves like today are generally something you would like to side step.
Below I’ve highlighted some signs the stock gave off letting us know that something was not right and a chance where share holders had to get out before the intraday collapse.
Next is the daily chart. If this stock is the real deal, its future could look something like this and still look like a legit momo stock.
When planning entries, I like to try and envision what will happen tomorrow. After looking at thousands of charts, you get a sense of what is likely and what isn’t.
A test of the lows or a lower low to establish a bottom is something that I could see happening in the next few days.
So is technical analysis infallible?
Of course not, as we can see in the last chart, there were times in the past month where weak hands would of got shaken out early.
However, that was pretty much a textbook breakdown and if you learn to catch the unmistakable and “ominous” presence of a stock when it starts to flag after a drop, you might be able to save yourself some coin.
i told u it would crash
for some reaso u thik ur the oly oe that kows somethig about stocks
i bee doig stocks b4 u were bor
gscv will hit 15.47 the you ca buy when?
i can tell you a day or 2 b4 it happes
your welcome,,,
i told you it would crash you have o idea why
it was a mometum high.. ow it eeds a momentum low
so stop thiking….
At least he can afford an ‘n’ key on his keyboard.
Oh snap he fucked your shit up davel. igga please!
Thanks for your comment
Be sure to let me know when you think its safe to get in
teach me how to doogie, teach me, teach me how to doogie
Davel is a fucking moron. The only reason why it dropped is because of the offering. YOU HAVE NO EDGE DAVEL.
Fuck off.
What a fucking idiot. The firm does an offering and the twit thinks the drop in price is some huge bearish move signalling direction. That’s the problem with a free society. Any moron can get on the web buy a charting service and then offer advice about shit he knows nothing about.
Maybe Davel is an associate w. the IB doing the offering?
Whatevah, I encourage him to davit into the Peeg for a spin.
________
Anyway, whatever. Go2’s analysis of GSVC is great, imo. You’ve got to look ahead an try to expect what will happen, and you have to have the discipline and trust in yourself and your skills to buy when it DOES happen. Or, just place limit orders and wait it out. Anyway. Good stuff Go2.
yea he fucked me up his stock is still down you morons
hes got some good picks
but he dont know what hes doing
and that was some peanut butter under my M key lol
better than cum from you wankers,,,
yes ne one can fish
and catch a DEAD fish
try MCP thats a better stock
at 1340 im getting ready for resumptio of the bear
look at the charts you mindless lemmings
no offense to you Fly
your just a insect on some dead carrion,,,
have a nice weekend BOYZ…..
i dont dislike you i just make money off you putz s…
no reason to own a stock thats
beign diluted….