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re: Weekly Stock Market Plays/Thoughts - Monday, March 6 2017

Posted on 3/11/17 at 9:36 am to
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/11/17 at 9:36 am to
quote:

My chart guy tells me that the Bollinger band is moving with the RSI so nothing to worry about yet...money still flowing in. Any opinions on this?


Yeah, it also shows the stock is overbought. The momentum is still in favor of the bulls, though. We'll see how it goes next week.

I'm no expert and just on the sidelines watching, but any traders buying at the current price are at a high risk of being upside-down in their position. If I was in AUPH before the news, I would have definitely sold by now.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/11/17 at 9:49 am to
for my personal gain, i hope we see a healthy dip below 8 so i can reenter.

a movement like this is just not typical, and it makes me skeptical that it will continue

guess we will see
Posted by bayoubengals88
LA
Member since Sep 2007
19275 posts
Posted on 3/11/17 at 12:28 pm to
AUPH
720 shares in RH @ $4.00
268 shares in my Roth @ $8.40

There are more catalysts to come.

Thoughts on FDA Chief indirectly owning 7.7% of AUPH?
This post was edited on 3/11/17 at 12:29 pm
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