RE: The 3 Minute Question: Are the Shorts In Control of Equities?

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The 3 Minute Question: Are the Shorts In Control of Equities?

in stocks •  7 years ago 

And above .50 is bearish, yes?

stocks
7 years ago by

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      ·  7 years ago 

    Does seem to be going that way. BTW can you look at STRL and tell me what you think.

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        ·  7 years ago (edited)

      Pros: Above 50dma, all major m.a.'s moving up, moved above resistance
      Cons: Didn't stay above resistance, may need to revisit a rising 200dma and close the lower gap before breaking out

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          ·  7 years ago 

        Exactly what I thought you would say. And yes I did see that gap. This company could explode. They are going to rebuild alot of Houston after this destruction stops. Talks of contracts for major rebuilding. Their last earnings report was up 228%

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            ·  7 years ago 

          Keep me updated on its price action.

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            [-]
              ·  7 years ago 

            Last time it touched the 200 it went up 182%. Look to the left. Right?

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                ·  7 years ago 

              True. Good catch.

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