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Day Traders' Aftermarket Lounge - 10 January 2019, page-11

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Cabbie

9,250 Posts.

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10/01/19

17:22

Post #: 37083521
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Originally posted by Endless: ↑

CHK. Well that was a pretty weak anncmnt for an overbought stock. Was always more likely to get sold off.

And the guts of the anncmnt is that it will be quite a while b4 any concrete data comes along. Nearology is a bit of a beat up in this game.

Admittedly they are really able to push these stocks if they want and some might take the odds. Just not my thing as I won't buy a chart like that.

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I wouldn't have called it overbought but the last two green bars weren't the healthiest I've seen. Anyway today's action certainly confirmed that.
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