EWZuber
1,373 posts
msg #31382
- Ignore EWZuber |
3/11/2004 5:14:44 PM
NASDAQ 1,900 getting closer.
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EWZuber
1,373 posts
msg #31409
- Ignore EWZuber |
3/14/2004 11:21:50 PM
LUV just tested a 20 Month Supporting TL and bounced while volume asppears like capitulation the last few days. Monthly chart is extremely oversold and fast and slow stochastic lines are converging. This could be the convergence of events that is marking a long term bottom.
Considering recent market conditions it may be wise to wait for a break of TL. Resistance at about $14.30 ( & falling ) with stochastic +xover confirmation.
JMHO
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EWZuber
1,373 posts
msg #31410
- Ignore EWZuber |
3/14/2004 11:45:31 PM
EGHT is testing an 8 month supporting trendline right now along with the 10 Month MA. Looks very tempting. EGHT closed above the short term Resistance TL ( Trend line ) on Friday. Looks like this could be a buy signal for me.
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wallman
299 posts
msg #31411
- Ignore wallman |
3/15/2004 6:48:09 AM
imo these should start to run in a day or 2 : EMED, JGMHA, GIGM, IPVO along with pure momo plays from the squeeze : NSOL, ROCLF, ELTK, BVEW, PRXX, RECM, SWKE, TZIX, XTCI, NSCT .... if vol picks up quick early in the day for MOBL , CVGR they should bounce nice
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EWZuber
1,373 posts
msg #31418
- Ignore EWZuber |
3/15/2004 6:06:47 PM
wallman
Thanks for the heads up. I put a couple on a streamer.
Markets keep violating oversold indicators, indicating panic selling.
Market still edging towards 1,900.
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EWZuber
1,373 posts
msg #31423
- Ignore EWZuber |
3/16/2004 3:02:37 AM
wallman
GIGM has been on my Monthly chart oversold watchlist for a couple weeks now. It is testing the 15 Month MA as support. If the stock drops below this level and rises above it by the end of the month, this would be considered a successful test. Stochastic fast line is approaching the slow line in that time frame.
On the daily chart it looks like $1.42 formed as a low on 12/29/03 is the next support.
With the Weekly chart oversold @ 12 that would work out just about right.
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EWZuber
1,373 posts
msg #31424
- Ignore EWZuber |
3/16/2004 4:43:44 AM
LPTH has a very interesting candlestick pattern.
INNO on a break above TL Res. @ $2.82 ( & falling slightly ) w/ stochastic confirmation.
MARKET MONITOR...WKYL -XOVER WITHIN 4 PAST WEEKS & SLOW%D DECREASING =1605
MARKET MONITOR...WKYL +XOVER WITHIN 4 PAST WEEKS & SLOW%D INCREASING =1046
These are two screens that I use to keep an eye on the status of Weekly stochastic accumulation and distribution cycles of stocks throughout the markets.
The -xover ( fast line cross below the slow line ) or distribution phase has once again taken the lead over +xover or accumulation phase.
What is alarming is how brief the accumulation phase lasted. This is because,imo, the Monthly chart distribution cycle is muting the Weekly accumulation phase.
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EWZuber
1,373 posts
msg #31434
- Ignore EWZuber |
3/17/2004 2:21:54 PM
INNO has worked out very well and is currently going through a distribution phase on Hourly charts after a nice run up today.
Looks like something may be happening on CCUR. There was a huge volume spike at $3.29 ~ $3.30. The selling was intense but buyers kept a big bid time after time, holding the price steady. CCUR is also in distribution on the hourly chart. Waiting for a decent buy signal. A break above TL Resistance at about $3.35 ( & falling ) while oversold on the hourly chart would be ideal, IMO.
EMRG also getting set up for another move. It is testing the 15 HR.MA @ $2.02 as support and is mildly oversold on the Hourly chart and oversold on the 30 min. chart which seems to be serving as an important time frame with this one. Selling volume has dropped dramatically. This has been an excellent trading stock lately.
All JMHO
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EWZuber
1,373 posts
msg #31435
- Ignore EWZuber |
3/17/2004 2:53:56 PM
EAG Just broke TL Resistance on the hourly chart and Bid size is increasing. Looks like it may be ready to move. Need to see it break above $1.33 or more conservatively $1.34 while oversold on Hourly chart. JMHO
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wallman
299 posts
msg #31440
- Ignore wallman |
3/18/2004 12:37:21 AM
ZUB, any thoughts on MRKL,i'm in at 1.28 at the close Wed,and MDDM which i will be in if it holds green,both seem ready to bounce very soon
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