EWZuber
1,373 posts
msg #29807
- Ignore EWZuber |
11/11/2003 3:18:40 PM
Two support areas to watch for TMTA, a cycle low at $3.43 and the 50 DMA @ $3.30.
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EWZuber
1,373 posts
msg #29827
- Ignore EWZuber |
11/12/2003 3:51:35 PM
Tried to get back into TMTA yesterday after it bounced up off of minor support at a cycle low at $3.43 but my assets were frozen as 'unsettled'.
Had to wait for the guy that drives the family stationwagon with all that paper and haul it to the next state and hand it over to 'settle' those trades.
Anyhow, seems like LOOK is about to move a bit higher before long. A combination of trendlines, stochastics and moving averages is starting to shape up. Am a little concerned about the gap not being filled so will wait for a confirmation.
ARBA looks interesting too. I suspect it will retest $3.40 as resistance but this time it will break it. Weekly chart stochastics fast line is converging with the slow line while daily chart stochastics are oversold and a very short term trendline was broken on the hourly chart today. ARBA is overbought on hourly charts so waiting for a lower risk entry.
SSTR looks ripe. Just put in a bid at $1.67 and got the first one in at that price but probably will have to bid higher to get it though.
This one came up on a screen a while back and has been a runner. Great earnings.
JMHO
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EWZuber
1,373 posts
msg #29841
- Ignore EWZuber |
11/13/2003 12:24:52 PM
SSTR needs to close above about $1.70 to maintain trendline support.
The 50HR.MA is at $1.60 but I suspect that will not suffice as support for much longer than an hour or two if TL support is broken.
It's coming down to the wire.
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skizrule
2 posts
msg #29845
- Ignore skizrule |
11/13/2003 2:39:34 PM
Are you trading out of a cash account? I haven't had any unsettled problems since I opened a margin account.
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EWZuber
1,373 posts
msg #29847
- Ignore EWZuber |
11/13/2003 4:18:47 PM
skizrule
I'm trading out of a margin account. My problem is,I just need more capitol to play with.
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EWZuber
1,373 posts
msg #29861
- Ignore EWZuber |
11/14/2003 10:07:42 AM
Sold SSTR @ $1.96 for +17%.
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EWZuber
1,373 posts
msg #29870
- Ignore EWZuber |
11/14/2003 2:44:01 PM
POSO max oversold @ 0 on hourly charts and testing the 15 DMA as support @ $0.48. Looks like a good entry. JMHO
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EWZuber
1,373 posts
msg #29903
- Ignore EWZuber |
11/17/2003 3:50:15 PM
Picked up a few more POSO at $0.46 today right on the 25 DMA.
So far it looks very good.
This was one case where averaging down from $0.48 was warranted because the stock offered a genuine buying opportunity at a valid support level and would have been a good entry on it's own.
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TheRumpledOne
6,529 posts
msg #29904
- Ignore TheRumpledOne |
11/17/2003 5:01:15 PM
POSO closed at .54 Nice call!
I hope you took your profit or locked it in with a STOP LIMIT.
MAY ALL YOUR FILLS BE COMPLETE.
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EWZuber
1,373 posts
msg #29916
- Ignore EWZuber |
11/17/2003 11:24:16 PM
TheRumpledOne
No , not yet. Trendline on 5 min. & 1 hour charts is still intact, no convergence of the stochastic fast and slow line on hourly charts. Looks higher, IMO.
I suspect it will hit $0.55 ~ $0.60 at least.
If the DMI(2) indicator still worked on these RT charts i suspect it would indicate higher prices also. JMHO
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