posted
I'm going to step out and take a shot at a longer play here, this stock has been getting more and more attention and seems to have alot going for it, getting pumped by several newsletters too and sites, maybe you've seen it?...
It's a nice stock, but also notice the ascending triangle in the daily chart, you can really see it in the weekly chart. With volume clearly growing, CMF improving again and interest up via newsletters and sites that say it's grossly undervalued, this may be a great time to enter ~
Alot of GREEN in the MONEY flow indicator (CMF). Notice also the growing HIGHER lows in the Stochastic indicator that started about Oct. 15th. -nice show of strentgh!
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New2 -you STOCK HOUND, I actually saw this before you brought it to my attention again, but the charts now are at a relly good entry point IMO ~
Have a good day.. (-NOT so new2stocks anymore )
Like the thread says... "Nice little ride ~" Chart
posted
Nice call Chart! You think this got another day in it? ...or will Friday see some profit taking?
My "trade my plan" says I already should be out of this. So difficult.
Speaking of acending triangles, I was looking for this in ACTC but it seems to have fallen apart recently. I suppose it has a chance of reforming.
Posts: 252 | From: WestCoast | Registered: Oct 2006
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posted
Well, stop-loss kicked in at 2.40. I'm back on solid ground now with the comforting words in my head - "pigs get slaughtered". Must resist urge to peek at EOD.
1.77-2.40
Mr. Chart, Danke!
Posts: 252 | From: WestCoast | Registered: Oct 2006
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Hate to say it but it almost looks like another ascending triangle formed in the intaday chart....
Wha--huh? An ascending triangle forming on an INTRADAY chart? It never even crossed my mind that that could happen. Looks like I'll be squeezing a little charting "woodshed" time in between holiday shopping this weekend.
Posts: 252 | From: WestCoast | Registered: Oct 2006
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