Long
Aktualisiert

LIBERTY INTERACTIVE CORPORATION - SERIES A QVC GROUP COMMON STOC

2 237
On the above weekly chart price action has corrected almost 90% since the sell signal (not shown). Now is an excellent long moment. Why?

1) A strong buy signal (not shown).

2) Price action is printing on past resistance, look left.

3) Bullish divergence.

4) Weekly Dragonfly DOJI candle.

5) No stock splits.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know
Stop loss: <= $1.25
Trade ist aktiv
Good to go... first resistance is around $4. After that, $13.
Anmerkung
Up 30% in 16 days. I'd buy that for a dollar.
Trade ist aktiv
good long moment
Anmerkung
Ignore the fear, fill yer boots..

Snapshot
Anmerkung
Did you ignore the fear? Full transparency, a long position was indeed opened on this one after the last update. Fear? That's the other guys problem.

youtube.com/watch?v=hYFViWnEq70
Anmerkung
You're up 45% of you ignored the fear.
Anmerkung
On support
Trade ist aktiv
Support confirmed.
Trade ist aktiv
An excellent moment.
Anmerkung
on support
Trade ist aktiv
Anmerkung
Trend reversal confirmed on the daily.
Anmerkung
2-3 years from now you'll look back and wonder how you got this for under a $1 as price action strikes over $100.

The monthly chart
Snapshot
Trade ist aktiv
Someone somewhere sold this stock at 40 cents last November.
Anmerkung
Price action has seen a 250% appreciation since November, which is incredible.
The business reports a loss in Q4 just in the last hour.
It might be a good idea to take profits at this moment following such strong performance.

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