posted
WEGI seems to have the perfect gallery page setup in the charts. -In the daily we see a nice tail upwards towards the centerline breakout area, we see that the indicators have now matched and are moving with the price -starting in December 1st, a bottom has formed and we are now trying to break through that "glass ceiling" at .085
Outstanding Shares: 33,571,215 as of 2006-05-23
Weekly chart seems posed for a major uptrend. We are at a 52 week low also.
So according to what's in the charts this little gem may produce a nice "pop" here and even enter a major uptrend according to the WEEKLY chart on the gallery page.
posted
i have liked this one for some time good play to buy here at the bottom and hold till hurricane season i have some of this in the .40 area but been averaging down on dips
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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We can see clearly a uptrend has formed in the WEEKLY chart!
We have increasing Momentum in the PPO indicator.
We had a breakout yesterday!!!
CMONEY Flow indicator is first going to be going positive, and we haven't crossed the centerline in that PPO (like MACD) indicator where breakouts happen!!!
posted
We are ever nearer to that MACD centerline crossing! We already have broke out of the "glass ceiling" at .085, ran to .104 today and settled at .095
Momentum bars growing each day, first pop already happened and we haven't even TOUCHED the MACD's centerline breakout area yet and we have a positive Stochastic cross ~
posted
hope everyone's christmas was delightful...am back in the saddle again..what's up today?...broke the 10 MA...however all indicators are looking well...maybe just a morning set5back..we'll see by the EOD
"Don't invest on MY OPINION AND TIPS, TRICKS, ETC,ETC,ETC."
posted
Chartwalker, I have been following your posts a good while now. With your help I have got a grasp on reading chart indicators. I am pulling PR's from allstocks and IHUB to glean through for possible buys. I am new to trading, and I want to do this more than anything. Being so unexperienced, how much money should I delegate to each trade, and how many trades can I manage. Thank you for sharing so much information. I've got so much to learn. Thanks again, littie man
Posts: 23 | From: henderson ky. | Registered: Jul 2006
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Always spread out your plays, 3-5 at a time depending on how much you have is how I do it.
Example: If I had $5000 I would place $1000 on 5 different ones. You can use as little as $100 per trade, but you must remember commissions after the run so that is why something more like $500 per trade would be better, otherwise it doesn't pay IMO.
btw, never more then $5000 on one penny, too hard to sell and get out of...
With the ones I like to pick (lining up the WEEKLY and DAILY MACD crossings that are BELOW centerline) I have found that these "pop" the most. Otherwise you get "stuck" in the middle.
Timing the two MACD's gives you a bigger punch IMO..
It's like riding the tide of the ocean and also the wave of that tide. More bang for your buck!
Two weeks ago I posted it, the very next day it "popped" and now it's about to do it again IMO.
Notice in the WEEKLY chart the momentum bars are still growing and in the daily chart the indicator never went negative, the PPO indicator (like a MACD) is clearly going up and IMO will cross that centerline (the breakout area).
Next week should be alot of fun here! # days straight the volume has been growing quietly as no ones noticed, but here we are, ahead of the crowd once again!
.085 when I posted, now we are at .10! And our CMoney Flow has shot up from the negative and sharply positve now ~
A couple months ago this was a .50 stock ~ this has been a nice little ride here
Thanks for coming out and saying hi ~
Any questions or links to reading material up want just ask or PM me.
-------------------- Must be an easier way! Disclaimer: Don't buy or sell on my advice I am not a licensed broker. Posts: 424 | From: Oklahoma | Registered: Aug 2006
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