EWZuber
1,373 posts
msg #30979
- Ignore EWZuber |
2/6/2004 12:57:14 AM
CRUS...Looks about ready to go. It has bounced upoffof the 25 WK.MA. Missed that so waiting for a break of TL. Res. on the hourly chart w/stochastic confirmation.
ZONS...a screamer in an oversold condition on Hourly chart and sitting just a tad above support at the 25 HR.MA.
RCO...Very oversold on Hourly chart and trying to hold support at the 50 HR.MA.
Don't think its quite ready yet as it is in the middle of a very mellow wedge pattern but stochastics on Daily and Hourly chart look nearly perfect for a move.
Wedge TL Sup. @ $0.73 & Res. TL @ $0.81. Good liquidity. I really like this Daily chart.
ALL JMHO
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moonshadowus
1 posts
msg #30983
- Ignore moonshadowus |
2/6/2004 5:34:22 AM
EWZuber 2/5/2004 2:24:11 AM
very easy to understand and very informative for me, thanks, im a new subscriber of this site. moon
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EWZuber
1,373 posts
msg #30984
- Ignore EWZuber |
2/6/2004 10:03:53 AM
Picked up CRUS @ $7.28 as it became oversold on the 5 min. chart.
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EWZuber
1,373 posts
msg #30988
- Ignore EWZuber |
2/6/2004 12:55:02 PM
Sold CRUS @ $7.64. The 1 Hourly chart was overbought and up against a resistance trendline @ $7.65. The 5 minute chart was reaching overbought around 85 for the second time near the top of the hourly chart cycle and overhead supply was still plentiful.
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EWZuber
1,373 posts
msg #30989
- Ignore EWZuber |
2/6/2004 1:03:04 PM
Looking at GLGS again. Played it yesterday from $1.11 ~ $1.17.
It's looking very oversold on hourly chart at a stochastic value of 0. Selling volume is all but gone.
The stock has already confirmed support at the 25 Week MA.
JMHO
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travlr
80 posts
msg #30994
- Ignore travlr |
2/6/2004 4:30:47 PM
EWZ,
Hey there. I get amazed at how different our charting sources read. I've been using eSignal and find that your analysis' sometimes differ, in a big way, from what my charts read.
On your last post(2/6 1:03) you saw Hrly Stoch @ 0, and supported by 25WMA (GLGS).
On the Hrly stoch You must have been refering to the Fast(5,3), because I have the Slow (5,3) at 10.
And the 25 Wkly SMA.. I have the entire Wkly candle BELOW, w/ the open of that candle "kissing" the 25 Wkly SMA as resistance.
I've made these observations several times in the past, as well as, noticing that my quotes from eSig and IB will also differ. Even though I realize the delema of different sources providing different data, it simply antagonizes wanting to "Be On The Same Page".
Later,
travlr
P.S. Nice call on CRUS... you nailed that entry!
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nktanaka
5 posts
msg #30999
- Ignore nktanaka |
2/7/2004 2:12:55 AM
EWZuber....Thanks for always posting a detailed response to my questions. Although I don't post a lot, I'm always on this board reading your thoughtful insights and have hopefully learned a lot. Hopefully this will equate into profits.
nktanaka
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txtrapper
548 posts
msg #31002
- Ignore txtrapper |
2/7/2004 8:17:19 AM
Zuber
CRUS....is "just starting" a strong move upward, this is where I "buy and hold" until Stochastics (10,10) crosses down on a 3m/d chart CRUS could easily go well into the $8.00 range from here.
TxTrapper
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EWZuber
1,373 posts
msg #31017
- Ignore EWZuber |
2/8/2004 3:10:39 PM
txtrapper
I agree. CRUS is just beginning a good run and I did not stick to my trading discipline when I exited the position. The hourly chart Supporting Trendline was never violated on an end of hour basis. So there never was an exit signal.
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txtrapper
548 posts
msg #31018
- Ignore txtrapper |
2/8/2004 7:03:44 PM
Zuber
Check these out for Monday; PQUE,CRDM,WHT,WRLT
TxTrapper
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