Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Wolfgangrene's charts -- Ignore unavailable to you. Want to Upgrade?

To: wolfgangrene who wrote (3563)	4/5/2017 12:26:58 PM
From: Chris_Toronto	2 Recommendations Recommended By The Ox wolfgangrene Respond to of 3976

Breakeven for the whole is 28.86, not accounting for the monthly dividends. I just did this calculation now when I read your message because I never thought to factor this number into my search for a sell target. The stock has now turned back after matching the March 1 high, but I'm holding strong.. lol I'm also looking at a crude descending wedge that started Jan 23 and pey.to just broke out of it yesterday. In the current turn down the stock went back to the upper line of that wedge, which is expected. The target for breaking out of the descending wedge is 30.48 which is just under the 38% fib line. so maybe near there is where I should lighten up in a big way. I'll try to post a pic of that wedge.

To: wolfgangrene who wrote (3563)	4/19/2017 3:07:39 PM
From: Chris_Toronto	Read Replies (1) \| Respond to of 3976

This could be the beginning of a major breakdown, or the final bottom in this long correction. I just bought back at 25.95 what I sold 8 days ago at 27.47. Keeping fingers crossed.