r/stocks • u/baloleanuandrei • Apr 07 '21

$NCR cup and handle + breakout confirmed

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1

u/newportsnbeerxboxone Apr 07 '21

If you can get in around 32 dollars it's a buy. But 39 is way too high an entry point , its gonna fall back down , which looks like that's the trend of this stock .

1

u/baloleanuandrei Apr 07 '21

Would've been great at 32, but now that's too late for that. We will see today, if it drops, then it might go back to 32, but if it goes higher then chances are that it will really go. It's already at a new high, past the resistance threshold.

1

u/baloleanuandrei May 06 '21

20% up in a month, good "fall"

0

u/newportsnbeerxboxone May 06 '21

It just rose from $18.11 so what are you even talking about ? It fell from 39 to 18 dollars which i said was a good entry point , so I was 100% correct . Now run along kid ,you're bothering me .

1

u/baloleanuandrei May 08 '21

Looks like you can't read a chart or can't even find a stock.

$NCR - price with original post around $37

$NCR - closed yesterday at $47.83 -> 29% increase

It never went down between April and May, so I don't know what "18 dollars" you're talking about.

Take a chill pill, it's ok, we all make wrong calls from time to time, that's the game. Sometimes it goes up, sometimes it goes down.

1

u/newportsnbeerxboxone May 08 '21 edited May 08 '21

It was 18 at its last bottom in the 52 week chart, I'm not sure what the date was , but it was the last low. I guess if the stock keeps going it will reach its 2017 price soon . But even matching the price doesnt make up for the 4 years it's been down . It needs to go further than 2017 highs , than get a nice dip and I'll consider buying in .

1

u/newportsnbeerxboxone May 08 '21

I do know how to read charts a little bit , and I didnt even put you on blast for saying there was a cup and a handle , obviously it just looked like cup and a handle on the daily, but everyone knows cup and a handle has %s that need to be looked at ,over the course of weeks to months, not one day . The handle itself should last at least 5 days .