posted
VRDM i just bought a **** load more..now i have ton..this will be huge ETHONOL..just like all the others running today but the only difference is this one is 1/10th the price!!
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
You guys think this will hold or will daytraders dump at EOD?
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
MM's trying to keep it under .05 close. Tells me the .06 wall on the ask may be a fake wall. I would like to see this close over .05 and take a few of those shares at .06 before close.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
Superman - I believe the key here is to close solidly over .05. MM's have a wall at the .05's and if we can get through that it should be fun because I'll bet the .06 wall is fake.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
the thing that worries me is american bulls . c o m has this as a "sell confirmed" which means there is going to be some selling pressure but thats only based on charting and stuff right now ethonol is hot so this will definatly run just will take more buys then usual to do it today but when monday comes the trend will change and this will fly!
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
Looking at level 2 I would say .054 is realistic goal for today. But you know Friday's anything can happen. Good thing is level 2 bid is solid at .05
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
Superman- we are getting stomped at .05 right now. Still have that good feeling for Monday? Or perhaps even yet today? We need a strong close to set up Monday.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
yeah john we will be fine on monday i know there is resistance today and american bulls tells me that but on monday things chage i still think we close above .05 atleast today
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
Monday a gapper would be nice. MM's stacked pretty thick on level 2 with 9 on ask before .06, than 4 on ask at .06. This one's gonna need volume, or news or a gapper to shake things up.
RSI does not reach 70% until .0744. resistence is at .058 and .063.
So charts look good, level 2 looks so so. I think we have reasonable chance at a gapper Monday.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
Ok, the alternative energy / Ethanol sector is really heating up -- Check out NECX.OB and PEIX -- It's time to keep a close eye on VRDM.
VRDM made a strong move on friday afternoon with increasing volume and a close very near the day's high:
Couple this with the fact that volume over the past couple of months has markedly surpassed anything this stock has EVER seen.
quote:Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy
Good Luck to all Tomorrow.
Posts: 196 | Registered: Feb 2006
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