| StockFetcher Forums · General Discussion · Just a Heads Up | << 1 ... 29 30 31 32 33 ... 50 >>Post Follow-up |
| EWZuber 1,373 posts msg #31136 - Ignore EWZuber |
2/18/2004 8:29:22 PM GIGM... Broke TL Res. today. Stochastics indicate this one will make a long term move higher. NAVR...Moved up very nicely yesterday after forming a Morning Star Dragonfly Doji ( confirmed today ) and is basing at the top of the hourly chart stochastic cycle without selling off much. Buying volume has been much greater than selling volume even during the distribution phase. NAVR has yet to break primary TL Resistance though at $6.58 ( & falling ). XYBR...Looking very interesting. A long term wedge pattern is coming to a conclusion and the stock is oversold on Weekly and daily charts while moving higher using the 25 WK.MA as support. This puts the odds at a move higher coming out of the wedge. Has already bounced up off the 25 WK.MA. ARBA...Looks like it has a good chance of breaking higher out of a 17 Month wedge pattern. With Weekly and Daily chart Stochasticas aligning up in accumulation phase soon. JMHO |
| EWZuber 1,373 posts msg #31138 - Ignore EWZuber |
2/18/2004 9:47:19 PM TMTA, looks good, testing the 25 WK.MA as support and oversold on Daily and Weekly chart. I would want to see a break of TL. Resistance on hourly chart now @ $3.56 ( & falling ). Next higher TL Resistance at $3.76 ( & falling ). .COMP, Appears to be lining up to retest the 25 DMA as resistance. Looks like it wants to break through as weekly chart stochastics fast and slow lines are beginning to converge while Dialy chart stochastics fast line is crossing above the slow line with a cycle low of only a mildly oversold value of 30. This is usually a very bullish indication to see the distribution phase so muted. It typically indicates an in phase condition ( accumulation phase in this case ) between two or more stochastic waves of different time frames. If NASDAQ doesn't break above 2154 during this Weekly chart cycle then I suspect we will start to feel the Monthly chart stochastics slow things down a bit. JMHO |
| EWZuber 1,373 posts msg #31140 - Ignore EWZuber |
2/19/2004 10:14:56 AM STEC came up against new TL Res. @ $5.30 ( formed from the gap to yesterdays high ) this morning and was hit with huge Asks. Sold for a 2% profit @ $5.29. Still watching it for a new entry. |
| EWZuber 1,373 posts msg #31154 - Ignore EWZuber |
2/20/2004 1:16:08 PM .COMP broke serious long term 1 Year TL Support this morning along with the 50 DMA. It will be interesting to see what happens when it tests the 50 DMA as resistance. |
| EWZuber 1,373 posts msg #31157 - Ignore EWZuber |
2/20/2004 4:45:16 PM XYBR broke TL Resistance on the hourly chart in the final hour of the session. XYBR has held the 25 WK.MA as support on a Weekly closing basis and Weekly chart stochasticsis are a bit oversold @ 18 and todays action brought about a complete convergence of the stochastic fast and slow lines on Daily charts. Indicating the likelyhood of the start of a new accumulation phase in that time frame. Picked up a bit at the TL break @ $1.73. |
| EWZuber 1,373 posts msg #31167 - Ignore EWZuber |
2/22/2004 3:15:46 AM TxTrapper Happened to look at the WRLT chart tonight and it looks like it may be trying to bounce here at this Trendline Support @ $1.88. It's now oversold on the Weekly chart. |
| EWZuber 1,373 posts msg #31179 - Ignore EWZuber |
2/23/2004 4:04:04 AM LWSN...Looking interesting. Bounced up off of the 25 WK.MA on Friday. It is overbought on Hourly chart now so will wait for a base, a break of TL Resistance to enter. SUNW...looking strong. Will watch for a break of TL Res. here also. That is sitting at ~ $5.49 ( & falling ) right now on hourly chart. 2.5 Month TL. Suppoprt at $5.40 ( & rising steeply ). Seems to be resistance at $5.44 from the cycle high of 6/13. SIRI...testing the 50 DMA as support. Will watch for same entry patterns. TL. Res. at about $2.89 on Hourly chart. SIRI has tested the 15 WK.MA as Support and was confirmed. Weekly chart Stochastics attempting to +xover. daily chart stochastics F & S lines have converged. CHTR...worth watching for a bounce up off of 6 Month TL. Support @ $4.10 or a break of short term TL. Res. on Hourly chart @ $4.54. NAVR...For a break of TL. Res. on Hourly chart @ $6.29. |
| EWZuber 1,373 posts msg #31185 - Ignore EWZuber |
2/23/2004 8:41:25 PM Every one of these stocks raised up to test resistance at their Trendlines and bounced down confirming the TL as resistance. So no entry has been offered. NAVR broke TL Resistance temporarily but did not confirm it with a stochastic fast line cross above the slow line on the hourly chart. So there was no entry here either. XYBR moved higher a bit but I had to deal with domestic situations this morning and returned to find that it had cratered late in the session. Fortunately I took the smallest test position so it's down only -$12.80. Notice how .COMP has tanked after TL Support was violated on the daily chart. .COMP bounced up off the 100 DMA today @ 2,000. Below that we have the 25 WK.MA. @ ~ 1,956. Since the NASDAQ is oversold on hourly charts and trying to start some accumulation I suspect we will see an intraday oversold bounce very soon, possibly tomorrow, to test resistance at the hourly chart TL or the 15 HR.MA. Caution is in order, I suspect, and it seems a good policy to close any position on a break of TL Support in whatever charting time frame the trade was entered. In other words, if the trade was entered on a break of TL Res. on the 5 min. chart then that is the charting time frame where the supporting TL needs to be drawn and watched for a break ( a sell signal ). I have found this will keep positions out of trouble with the exception of gaps down at the open. JMHO |
| wallman 299 posts msg #31186 - Ignore wallman |
2/23/2004 9:17:08 PM ZUB, LWSN i've seen in the past as not that big a mover even on really good market days,NAVR to almost the same extent but i agree with you here,it does look real nice ,so i'll watch,SUNW i've always liked when oversold and really like here,CHTR oh yeah too,i'm really liking SVVS,like i said about AIRN a few weeks ago,one more bad day for it or red open for that matter and it's ready,i feel the same about TGAL and EMRG also....regards,Muddy |
| EWZuber 1,373 posts msg #31188 - Ignore EWZuber |
2/24/2004 3:02:49 PM wallman Take a look at NAVR today. Overall it has held up very well throughout this market sell off and today it broke TL Resistance and took off. TMTA broke a 12 day TL Res. and took off too. ASX has TL Support at $5.15 and is just about there. A big buyer at $5.22 has been holding it there for several hours today. STEC tested a 1 Year TL. Support today and I suspect it may be forming a Morning Star Doji pattern on daily charts. It is extremely oversold on Weekly charts as i suspect many tech stocks are now. I've got AIRN on a watch list and I'll check out the others you mentioned after the bell. |
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