EWZuber
1,373 posts
msg #30529
- Ignore EWZuber |
1/8/2004 11:04:46 PM
txtrapper
Yes there were some gains to be made intraday, but this can be accomplished on picks that are less than premo.
Long term stochastics would put the odds in favor of longer term gains as things sit at the moment with CTIC.
We'll see if TL resistance is broken tomorrow. I suspect which ever way this wedge is broken will be a good indicator for near term future results.
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EWZuber
1,373 posts
msg #30532
- Ignore EWZuber |
1/9/2004 1:00:27 AM
HBY
This one looks very interesting, IMO.
This stock has had 2 technical runs, both have coincided with weekly stochastic cycles.
Trendline resistance that has been formed from previous runs has set resistance for this next run at about $1.50. Thats A 50% gain.
This stock is sitting on two seperate forms of support.
The 200 DMA and also a 10 month Trendline support.
Todays volume looks like capitulation.
I really like this set up.
I'll wait for a break of Trendline Resistance on the hourly chart for an entry.
JMHO
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txtrapper
548 posts
msg #30534
- Ignore txtrapper |
1/9/2004 9:34:03 AM
Zuber
Breakout of upper L/R 100% line
Set up a 20d/60m chart on Prophet.net with L/R 100%. Watch some of your favorite picks react to the upper L/R line. Many hit this line and stall or fall back (headfakes), it seems this is a first battle they have to win to continue upward.
Good Trading,
TxTrapper
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txtrapper
548 posts
msg #30535
- Ignore txtrapper |
1/9/2004 9:56:19 AM
All members;
Take a look @ ALGXQ with the setup described in my previous post.
A good description of what I am talking about. Will the stock penetrate the upper L/R line? Your guess is as good as mine, but I'm am sitting on 6,000 shares and hope it does, I got in @ $.03 a few days ago.
TxTrapper
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EWZuber
1,373 posts
msg #30536
- Ignore EWZuber |
1/9/2004 11:26:43 AM
ECGI forming a prominent Dragonfly Doji on Weekly chart. Considering the stochastic alignment between Daily & Weekly charts this could turn into a Morning Star Doji pattern on the Weekly chart. JMHO
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EWZuber
1,373 posts
msg #30540
- Ignore EWZuber |
1/9/2004 4:47:16 PM
txtrapper
Isn't phrophet.net a fee site?
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txtrapper
548 posts
msg #30542
- Ignore txtrapper |
1/9/2004 7:52:11 PM
Zuber
Basic is free, but I use Prophet.net (Realtime) $29.95 per month and well worth it IMO.
TxTrapper
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petrolpeter
439 posts
msg #30640
- Ignore petrolpeter |
1/14/2004 12:25:23 PM
NENG:Super tight Bollinger squeeze yesterday and looks to be to the upside.
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txtrapper
548 posts
msg #30647
- Ignore txtrapper |
1/14/2004 5:34:13 PM
petrolpeter
Some stocks come out of a squeeze and go up and some go down, how did you determinet this stocks direction at this time?
Tx
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keithray
13 posts
msg #30653
- Ignore keithray |
1/14/2004 8:31:48 PM
petrolpeter,
Weekly chart for NENG looks good.
Daily volume and candles indicate it may dip back down to the bottom of the range again.
Option 1: Buy and hold while it continues to cycle in the possibility that it may break upward sometime.
Option 2: Wait until it hits the bottom of its trading range and buy. When it gets to top of range, then decide to hold or sell for a small profit.
Option 3: Find another stock with more volatility and increasing volume.
Keith
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