iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

SWIPE RIGHT, OR SWIPE LEFT?

Here’s a 60 minute chart on $MTCH. It’s been consolidating since IPO, and is coiled to make a move soon.

2015-12-29_13-12-00

This is one to put on our radar, as it should leave this range by at least this time next week.

OA

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13 comments

  1. lplongo

    I have noticed some of their commercials on TV over the past quarter. I don’t recall seeing them before. a couple of times in the past I’ve noticed a good quarter after this king of thing with other stocks. I can see this trade working out during that time frame.

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  2. Nocturne

    Based in my experience using them, SELL. In fact I’m going to go short a small amount now.

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  3. chiefton15

    bought calls in $UA and shares of $CYBR. I’m loaded up and going to see how things play out….I think this move has legs.

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  4. Nocturne

    Geez,

    API inventory: +2.6 million.
    Cushing up nearly a mill
    Gas & Distillate up.

    And yet the February contract still selling north of 37.00

    I am buying SCO with a move back through 137 for a trip to 160.

    For now waiting ….

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    • Nocturne

      As I understand it, the first of the month price is important for calculating the average selling price of drilling projects. Perhaps I’ll get a gift for shorting oil in the morning.

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  5. Kyle Jensen

    I love seeing how these IPOs react after a about a year or so. The chart looks like most that come out of the gates. TWTR is one of my favorite fake outs. Broke out of a similar symmetrical wedge higher but then after the ER came down to earth hard. But I agree, could see a nice move higher out of the Symmetrical Wedge for MTCH

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  6. Noni Kavuri

    Does anyone have a good website to see the holdings hedge fund managers? thanks.

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  7. Chub

    Noc- nice short in Nat gas. Just sold my dgaz

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