StockFetcher Forums · General Discussion · STOCK ALERT<< >>Post Follow-up
venable
3 posts
msg #28993
Ignore venable
10/2/2003 1:03:17 PM

MY STOCK PICK OF THE DAY (BSIO). I JUST BOUGHT THIS LITTLE GEM @.33 CENTS. CHECK THE NEWS AND CHART FOR THIS LITTLE STOCK AND YOU WILL SEE THE GREAT POTENTIAL FOR THIS STOCK


EWZuber
1,373 posts
msg #28998
Ignore EWZuber
10/2/2003 9:19:00 PM

venable
Weekly chart cycle just trying to get started in accumulation.
A 6 week trendline resistance was broken earlier on the 24th but produced a 'head fake' the first time around because the weekly chart stochastic cycle wasn't complete yet.
A 6 day Trendline Resistance was broken at 12:30 today and thats when the stock started to produce some gains.
Before that trendline was broken, sellers sold into any strength created by the big influx of volume and took back just about all the gains.

This one needs to break $0.35 to get above this short term channel that started at the high of 9/24 and confirm it as support.
Volume looks excellent.
Looks like Weekly and Daily stochastics are now in phase both starting accumulation.
Just my 2 bits.


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