I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
3,721 Blog Posts

Stalking HFC (UPDATE)

I want to buy more stocks, and HFC has the look of something I want to own. Fly’s bullish on the sector, the books are solid, and I like where price is.

As far as price goes, the following are my thoughts on entry:

The daily chart looks a bit extended to the upside, thus I stalk, and look to enter on a pullback if the buyers sop it up.

UPDATE: I just reread my chart commentary and it sounded something like this, “Dah, me thinks dat stock go up and me buy and then stock go up dahh.” But I will leave it up and relish in how much I dread talking technical analysis.

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