EWZuber
1,373 posts
msg #29932
- Ignore EWZuber |
11/18/2003 3:06:41 PM
Bought 200 more POSO @ $0.51 when the stock formed a new supporting trendline. Just sold at $0.67 on a break of trendline support on the 5 minute chart.
Wish I could have gotten a lot more but the money was not 'settled'.
A technical success but hardly enough net to fill the tank on my truck.
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EWZuber
1,373 posts
msg #29933
- Ignore EWZuber |
11/18/2003 3:45:23 PM
Not sure yet but it looks like MEM may be bottoming out near $0.83.
It is oversold on Hourly and 5 minute charts but has had a fast line cross below the slow line on Daily charts.
If the stock makes a big move soon enough it will straighten out and these lines will appear as a convergence but not a cross.
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EWZuber
1,373 posts
msg #29947
- Ignore EWZuber |
11/19/2003 3:38:20 PM
Bought MEM @ $0.86 and sold at $0.89. Suspect it wants to retest support first.
Bought AAC @ $0.53, so far so good.
Bought GOAM @ $0.53 also, not sure about this one. It needs to hold the 15 HR.MA @ $0.52. Hourly chart looks like it could easily go a bit lower but will probably wait till tomorrow morning and see how it opens before deciding on whether to keep it or not.
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EWZuber
1,373 posts
msg #29949
- Ignore EWZuber |
11/19/2003 5:20:41 PM
If SPIL doesn't pull up tomorrow and close above $5 then it looks like it is heading to test the 50 DMA@ $4.60 or trendline support @ $4.65.
No convergence of fast and slow line is ominous along with a close below support at the bottom of the gap at $5 and the stock being overbought on the hourly chart it looks very bearish in the short term. Suspect the high tomorrow will not exceed the 15 HR.MA @ $5.09 ( & falling ).
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EWZuber
1,373 posts
msg #29969
- Ignore EWZuber |
11/20/2003 2:17:29 PM
DGIT...Looks like a long term winner. I suspect several months anyhow.
Earnings keep improving and the stochastic cycles have aligned up well. Monthly, Weekly and Daily.
Right now I suspect the 25 & 50 DMAs are in too steep of a downtrend for sustained gains but in the interim this stock could produce a good short term move higher.
Watching for a break of trendline resistance on the 5 min. chart that began at $1.97 @ 10:10 this morning.
JMHO
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EWZuber
1,373 posts
msg #29975
- Ignore EWZuber |
11/20/2003 6:03:05 PM
Looked into the 10Q and it seems that the company has reduced growth estimates. They did this on 10/17 and the stock dropped dramatically that day on fairly heavy volume.
That is why the huge selling volume today with the earnings announcement and a complete retracement of all gains on an intraday basis.
Still watching this one to see what happens.
A good move higher would still be supported by technicals but more stock may have to change hands first and the moving averages need to flatten out.
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EWZuber
1,373 posts
msg #29988
- Ignore EWZuber |
11/21/2003 12:00:02 PM
AAC doing very well on a break of trendline resistance. Still holding on watching for a break of short term trendline support. Up about 20% @ $0.64 at this point.
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EWZuber
1,373 posts
msg #29990
- Ignore EWZuber |
11/21/2003 2:38:12 PM
AAC broke trendline support @ $0.63 tied to sell there but had trouble getting rid of it. Finally sold it at $0.61.
I usually use a market sell to get rid of them ASAP before the price has a chance to drop. Today I tried to get a bit more and should have stock to the market order.
At any rate it was a good trade.
Still holding DGIT from $1.75 yesterday. Bought it on a break of short term trendline resistance and a stochastic +xover.
Looking at BDE now. It is oversold and looks like it is ready to break trendline resistance at around $0.46.
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TheRumpledOne
6,407 posts
msg #29991
- Ignore TheRumpledOne |
11/21/2003 3:20:43 PM
EWZuber:
Looks like you are on a roll....
TAKE ALL YOU CAN, GIVE NONE BACK!
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EWZuber
1,373 posts
msg #29994
- Ignore EWZuber |
11/21/2003 7:26:34 PM
Yea, things been going well lately. Trying to regain all I lost in LOOK.
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