Trading above its Moving Averages (20,40, & 60 day MA)
RSI and OBV on the uptrend
Positive candlestick formations
Volume on the rise though price hasn't necessarily risen yet but show's positive signs it will because of rising volume and the other indicators.. let me know thanks.. ill do my own DD of your suggestions...
closest ones i own that are similar to your criteria are HOM, NXG, and IPII, but they are on average about 8 cents over your 1.50 limit. good luck, let us know what you end up finding out there, Mach!
for better or worse, i tend to trade on 80% fundamentals and only 20% technicals, and look for companies that are profitable with increasing revenues and profits (such as IPII, HOM, and NXG). so those 2 are a little outside my comfort box, but - wouldn't surprise me at all if they did quite well, based on their charts. i'm just not really a "chart guy", personally.
good luck! i hope they run for you
[This message has been edited by Machiavelli (edited December 26, 2004).]
Check out SELA
Has a strong RSI nad its moving well over its 20 and 40 day average . I see a good candlestick bullish pattern.
Let me know what you think of this one. I have my eye on it.
Manny9
like WOLV, IFLB, I love TCOM again nice support at these levels MBEU rolling,
anyways these are just thoughts, there are millions, i thought TCOM would break a buck before, now it mayjust need a second run....not playing much right now
I'm in AITX a bit high for you and SSYT but thats a short swing 5 day (SSTY?)
will know more after holidays
Sela: looks good to me except it might be overbought now (by looking at it's RSI) and may be due for a correction or pullback..but it's volume has been pretty steady the last 2 days..
CiCi: only good thing about this one is it's above its MA's but right now its in a sideways channel with 2 previous candle formations being doji's... it's OBV and RSI are on a downtrend and i expect it's price to go down further though i could be wrong...
NEOM: is on a downtrend with volume going down as well but like you I would expect a pullback on this one if volume rises..
SCON: This one's been overbought(RSI is at like 80 way high) and will most likely "correct" itself this week... volume is already on a downtrend..
NTWK: looks very good and it is on a uptrend.. its been "up" the last 3 trading days already so don't know why you are waiting for this one to go back down it may never do for awhile.. still not overbought and it seems to be using its 20 day MA as a support and is way above its 40 and 60 day MA...
BPTR: look for this one to break its resistance soon as its volume increase.. its resistance is its 20 Day MA (I would probably buy this at .84 or .845; maybe even buy it at .855 to be on the safe side since that was it's high for today and it could act as its resistance as well)
COVD: very nice one.. good pick from what ive seen of its charts and other TA indicators.. it will either continue to go up or go sideways right now...
NXG/HOM: very good picks blue.. i only wish i trade above 1.55 lol
I'll analyze Keith's picks tomorrow night.. its late at night right now and i have work in the morning.. hope my TA helps everyone.. but remember it is just my TA and i could be wrong since TA is just a opinion... let me know how i did tomorrow... i'll read your replies when i get home at night...
i have no idea of the chart, Mach, i'll leave that to you! i'm a "fundamentals" guy, and - they earned $1M the last Q on a market cap of $16M, that is not too shabby.
PDGE looks very dangerous for me right now.. its a Doji formation and its been overbought.. it might cool down now and go sideways or maybe even correct itself and/or pull back in the next couple of days or so... i could be wrong but looks i was kind of right about the other stocks i did TA on last nite...
stockta lists the chart as "very bullish" across all time spans though:
http://www.stockta.com/cgi-bin/analysis.pl?symb=PDGE&num1=1&cobrand=&mode=stock
and a 96% buy. but - i agree the RSI is very high and looks a little overbought, though i bought at the open this morning when was cheaper.
really though, i'm a "fundamentals" guy, and - i like the fundamentals for PDGE. they just raked in $1M+ profit the last Q alone on a market cap of under $16M, and business looks bright with new deals coming in. they will likely have a few dips along the way, but - i like their chances over the next year or two and will hold awhile and see what happens. some stocks i swing-trade, others like PDGE i just buy a little and plan to hold for one year minimum and see what happens.
i might get back into CNR also at some point, i want to see how their fundamentals develop. they were rolling along nicely but their last Q wasn't great, i might buy after the next Q if it shows improvement.
am watching IPII and HOM for weakness, to hopefully get some good buys. sold HOM on the run yesterday and bought it back at 1.56 today. not sure which way IPII might go - spread is wide and jumpy. am hoping the bid drops down to 1.45 for a nice buy from that point, we'll see how it goes over the next few weeks.
it is frustrating playing the waiting games at times: was trying to buy NTO the last few days, but was waiting for a dip. ran all the way to $3 today so i missed a chance earlier this week, drats.
good luck in your trading! i'll take a look at your other picks
they are all roughly around $1 or so, are all profitable with growing revenues and profits, and all have low PE's on the order of roughly 10. PGBE, HOM, IPII, NXG, NTO, BSIC, NWD, and probably a few others i'm forgetting. all roughly similar "key statistics".
i own some smaller stocks too like CLSI and ALMI and NMKT; CLSI is profitable but ALMI yet isn't, NMKT is break-even. still - for better or for worse - these are definitely the types of stocks i like to trade in: these low-PE ones with relatively low floats in the $1 range. everyone has their own "comfort zone", and - i guess this is mine. again - that's for better or worse, not saying it's "right" or a good idea to do this, this is just my own personal approach.
AFOP, AGR.P AGSI AII AMLJ ANTS AOBO API ASDS ASLM AVSR BKYI BNTNF CCOM CNVLZ CSHEZ CTIB CURN CVV DCEL DIGL DMX DYNT DYTKP EDGR
EDNE EGR EIDSY ELTK ETS EXX.A FLYI FRDJ GFX GLOW GNLB HDSN HEMA IMNR IPRX ISIG ITGB IXDP KDUS LOGC LROD LTRX LUME LXRS MAIN
Mach, i got tired here's half my watch list in alphabetical order that meets your criteria.
IIP - it's in a pullback with all indicators starting a uptrend
BPTR - becareful with this one now.. it's in a "Dark Cloud" in candlestick terms and most likely will be going into a downtrend now.. perhaps correction/pullback...
LSBC - buy when it breaks resistance at 1.20
NZYM - just broke its 20 day MA and all other indicators are on a uptrend
SVSE - buy at 1.13 when it breaks its resistance of 1.125 and is above it's Moving Averages
[This message has been edited by Machiavelli (edited December 29, 2004).]
quote:
Originally posted by Machiavelli:
yeah i know what you mean about the waiting games Blue. i hate them too lol im a impatient person which is not good in the trading game but im learning to be patient.. anyways below are on my watchlist to buy tomorrow or soon...let me know what you think..IIP - it's in a pullback with all indicators starting a uptrend
BPTR - becareful with this one now.. it's in a "Dark Cloud" in candlestick terms and most likely will be going into a downtrend now.. perhaps correction/pullback...
LSBC - buy when it breaks resistance at 1.20
NZYM - just broke its 20 day MA and all other indicators are on a uptrend
SVSE - buy at 1.13 when it breaks its resistance of 1.125 and is above it's Moving Averages
hey, none of those are mine so i won't remember to root for ya.
WOLV - closed in a DOJI today so traders are in a indecision as to whether it should go up or down in price.. I wouldn't hold it as of now for now... till more clearer picture is shown...
IFLB - formed a "DARK CLOUD" yesterday and today confirmed it will continue it's downtrend.. good time to short this stock..
TCOM - looks good lately and today as well.. but it's volume wasnt much today.. still below its 20 Day MA.. i would wait till it breaks the 20 Day resistance MA and maybe buy it at .72 ...
MBEU - a Harami or Dark Cloud formation .. expect it to go down or sideways channel.. OBV and RSI forming a downtrend..
SSTY - all indicators are starting a downtrend.. trading below 40 and 60 day MA but using its 20 day MA as support... If i were to buy it i would buy it at .07 but im not a fan of microstocks that's why i trade in $1 and above.. and sometimes in stocks just below $1 ...
AITX i already mentioned .. so now u'll buy me a double scotch on the rocks Keith? lol... i didnt do the other stocks because there were too many...
make some bank
-ls007
looking at DBMI's fundamentals - it's ROI is a whopping negative 837%, they've been a $-losing machine and made a smaller profit than my 11-year old did mowing the lawn all year. so, i'd take the $ and run.
nice trade though, i'll score you a "point" on the technicals vs fundamentals scoreboard for DBMI!
was a nice week for my "fundamentals" stocks too though, was up 15% this week overall. so - let the friendly argument rage on!
ALAN's in the business of selling hardware and related software that electronically tracks the constant whereabouts of individuals within any facility, but typically it's used at penal institutions.
And, since crime is not going to go away any time soon, Sparky thinks this well-run company's is in the right place at the right time.
Happy New Year to all!
Sincerely,
Sparky
if you get a chance, could you swing over to that forum and maybe clear a few things up for me? thanks!