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Author Topic: POCI - watch for a breakout
onomono
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Little late in the night to be writing this, but POCI came up on some weekend breakout scans I was conducting. I usually scan for stocks which are trending towards a breakout and my scanning technique has a n 82% accuracy level. So keep an eye on POCI

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Just trade it :)

Posts: 17 | From: michigan | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
onomono
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Actually it makes sense that POCI would have a run coming up..historically it always bottoms out at $1.08-$1.15 and bounces hard off the low, currently POCI is at $1.10 butI can easily see this going to $1.90-$2.10 range really soon. Well good luck to those reading this and trading POCI this week.

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Just trade it :)

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onomono
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and by the way check out historical trading patternson POCI and you willsee what I mean. I will come back and post on this thread my opinions if POCI takes off tomorrow like I expect it too. GO POCI!

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Just trade it :)

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windjunkee
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nice call onomono. It is very active. In at 1.22
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onomono
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Well, as I thought POCI did take off like crazy today and hit a high of $1.63, and there's some crazy trading on it. I think it's trading upward overall, and I can see $1.70 by the end of the day near close.

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Just trade it :)

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R1 Man
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nice pick.
Posts: 2367 | From: Detroit | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
onomono
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POCI looks like its hit the bottom and everytime it does that, it ends up starting a major uptrend again. Watch for a breakout off the bottom this week.

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Just trade it :)

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virtualace2000
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based on your predictions, you seem to know POCI well. Any thoughts on how high it might go ?
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onomono
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virtual, in reply to your question as to how high POCI can go, I think based on previous trading patterns that a run to $1.60's is very possible. Look at the charts and you'll see what I mean.
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virtualace2000
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onomono, you were right,POCI is breaking out...there's been constant buying since the morning and its having a nice gradual climb up, characteristic of something big about to happen. Looks like its repeating it's run to $1.60!
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