iamiam
OP金牛一蹄
:
no, I got out. I think we have more downside. We may fill the gap at 15.3? that seems drastic, but nothing is impossible. this chart looks strong on the daily. My other charts show a stronger downside. I'm watching for a re-entry. They report earnings on the 24th, and I think they will show high earnings and hopefully paid down debt. That's they key with these commodity companies. When commodities are high, they pay down the debt they've accumulated over the lean years and start returning profits to share holders in dividends and stock buy backs. Those are what i want to hear at earnings. Then we start to the 30s.
Buffalo : Look like it is
Mike Obama : let's fkn ride! I'm in!
金牛一蹄 Mike Obama : I offloaded at 21.5. Is it the bottom now? What is the new ride target?
iamiam OP 金牛一蹄 : no, I got out. I think we have more downside. We may fill the gap at 15.3? that seems drastic, but nothing is impossible. this chart looks strong on the daily. My other charts show a stronger downside. I'm watching for a re-entry. They report earnings on the 24th, and I think they will show high earnings and hopefully paid down debt. That's they key with these commodity companies. When commodities are high, they pay down the debt they've accumulated over the lean years and start returning profits to share holders in dividends and stock buy backs. Those are what i want to hear at earnings. Then we start to the 30s.
LEng LEng : Am getting ready
Lol…..Thanks @iamiam ![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)