A perfect ascending triangle has formed. draw a line from across the lows, and then a second line across the highs... you will see a triangle that is going up. This is now at the bottom where it touches the rising line (low) and it should bounce up to the high (0.009 ish).....
Here is an easy way to make 50%... enjoy the ride in the next week!
Posted by FatherOfTwo on :
Barchart info......
CNCW - CENTRAL NETWORK COM (OTC)
Date Open High Low Last Change Volume % Change 03/11/05 0.0065 0.0066 0.0065 0.0066 +0.0000 135800 +0.00%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Sell 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Sell 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 20% - Sell 20-Day Average Volume - 10944475
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Hold
Medium Term Indicators Average: 50% - Buy 50-Day Average Volume - 5969710
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 3783979
Overall Average: 16% - Buy
Posted by FatherOfTwo on :
Here is the pinksheets info:
CNCW -- Central Network Communications, Inc. Com ($0.0001)
Address: 1010 Ste-Catherine St. West Suite 560 Dominion Square Bldg. Montreal, PQ H3B 1G4 Canada
Outstanding Shares: 237,960,431 as of 2003-01-31
Posted by FatherOfTwo on :
And Amer Bulls has this to say.....
CNCW CENTRAL NETWORK COMMUNICATIONS INC Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 01.26.2005 (44) days ago, when the stock price was 0.0052. Since then CNCW has gained 26.92% .
Is this finally a good time to buy? Well, it depends. First check what happened at after hours trading and future values. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY] Buy only if the bulls are in charge Forget about it if the bears surge
Today a Four Price Doji was formed. It represents complete and total uncertainty in the market direction. For more about this candlestick click here.
The last three candlesticks formed a Bullish Tri Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation. For more about this pattern click here.
Posted by Ramius on :
FOT you already in?
Posted by MxPx on :
Yes if its an ascending triangle it should bounce off the 50 day MA here
Posted by FatherOfTwo on :
I have my 2nd buy order in! I hope they fill me.... I see this one going up next week and I want to be in when it goes.
The charts are looking good!
Posted by FatherOfTwo on :
Now is definitely the right time to buy this one!
Posted by MxPx on :
Well actually maybe this could be a cup with handle if you really look at it, hehe
Ascending, symetrical, cup with handle, etc.... its all good:)
Posted by Ramius on :
anybody got the ask?
I'm trying to get filled @.0067
Posted by FatherOfTwo on :
bid is moving up.... b x a 67 x 70
Posted by Ramius on :
Alright...80% filled @67
Posted by FatherOfTwo on :
bxa just moved up again.... 70x73....
Lets close this baby at the HOD and creat a big white candle!
Posted by Ramius on :
FOT you keep up with these picks and I'll start calling you my daddy!
Posted by FatherOfTwo on :
I'll be doing some more DD over the weekend (wife permitting). So far though... I like this one the best... the ascending triangle is very perdictable and I feel this one will not defy this. The resistance is at the top 87 -90..... so if it hits there, I will watch very close. If it breaks through, then the jump will go approx the same distance as the left side of the triangle (ie, .009 minus 0.004 = 0.005).
So, when (not if) it gets to 0.009, I will watch to see if it breaks that barrier. If it does, then I would expect it to reach 0.014 (0.009 + 0.005). If it does not break it, I will sell and then look to rebuy when it comes back down to the 50day moving avg. and then watch again when it approaches that 0.009 mark!
GLTA!
Posted by FatherOfTwo on :
Here is a better explanation of the Ascending Triangle.....
In this example, the top of the triangle was 29.50, the bottom was ballpark 25.00 (29.50 - 25.00 = 4.50).... after the breakout, it went to 29.50 + 4.50 = 34.00.... which is really close to where it made it in the example.
Posted by FatherOfTwo on :
FOT thanks for explaining your price strategy around the triangle pattern. Helps me a lot.
I hope this rocks in the next few days...I need the $$$ to jump on SCTN with Lil.
Posted by FatherOfTwo on :
Ask moving up... this one will be in play today! Keep a close eye on the resistance point of .009.... if it breaks that point, then hold on til 0.014 or so!
Posted by Ramius on :
The MACD is about to cross (probably tomorrow). Stochs crossed and are heading north... CMF is green
This is going to be the easiest money I have ever made!
Posted by Ramius on :
Same here FOT, I LOVE these chart plays.
Posted by FatherOfTwo on :
Volume really picked up today and we had a nice gain... this is going to really go up in the next couple days.....
Posted by FatherOfTwo on :
"Simply smashing baby!!!!"
-Austin Powers
Posted by sonic0boom on :
Hello ... you can count me in with 80K shares this morning. This is my first ever stock trade! I hope to be around making a little money with y'all.
Posted by FatherOfTwo on :
Welcome on board sonic.... this one is looking like a winner... the charts look poised for a nice gain for you!
Posted by sonic0boom on :
This is a product I can understand ... computer software. What kind of long term outlook do you see on this? It can be hard to resist the initial urge to cash in short term to make a quick buck, but I don't mind holding if there is cause for it. Or I suppose I could sell the profits and keep in my initial buy amount for the long term ... I guess win some, lose some, and learn in the end!
Posted by FatherOfTwo on :
Here is what Bar Chart . com is saying now:
Composite Indicator Trend Spotter TM Sell
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 20-Day Average Volume - 9064475
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 25% - Buy 50-Day Average Volume - 5938018
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 3950726
Overall Average: 48% - Buy
Price Support Pivot Point Resistance 0.0077 0.0066 0.0076 0.0086
Posted by Ramius on :
Sonic,
Congrats on your first trade...
you can learn a TON here on allstocks. Watch and learn from folks with good track records and you'll do fine.
Posted by FatherOfTwo on :
Chart just keeps getting better....
MACD is kissing.... and will be crossing over tomorrow.... this is a big indicator for some day traders... once they see this and jump on board, we should fly.
The fact also that the CMF has remained positive... there is no dilution going on... this too is a great sign!
Posted by FatherOfTwo on :
Bid is moving up..... we could see some nice afternoon action here!
Posted by FatherOfTwo on :
BxA is now 76x77..... we should see the MM's start to let this loose!
Posted by lilpennypincher on :
Volume is starting to pick up...I love this chart...Great find again...FOT
Posted by forest on :
FOT and LIL...how high do you see this going...i am in this btw Posted by FatherOfTwo on :
Forest.... go back and read the explanation of ascending triangles at the beginning of the thread.... if it breaks 87-90... then it should go up to around 0.014 - 0.015..... hope this helps!
Posted by forest on :
cheers mate....
Posted by lilpennypincher on :
1x.0073 3x.0072 2x.0071
1x.0077 1x.0078 2x.0079
Posted by sonic0boom on :
Hello, to you too, Ramius. FatherOfTwo and lilpennypincher seem like good posters to take heed of!
I certainly like allstocks ... I read Raging bull on occasion and cannot stand the crap you have to sift through to read something of import.
Here's an on-topic question: anyone planning holding this longer term? From the little I've read on the company, their product seems to have quite a bit of growth potential.
Posted by FatherOfTwo on :
A good long term hold.... > 1 year.... probably not a good idea... until any pink sheet stock becomes a fully reporting company, there is too much risk for me...
I prefer to find the stocks with good technical charts ready for an upswing. Most of these stocks are cyclical and money can be made by learning how/when to trade during these cycles.....
CNCW is a prime candidate for this..... the ascending triangle pattern is an easy way to make some money.....
Posted by sonic0boom on :
Thanks for the words of wisdom...! I bought in at .008 and your estimate of around .015 sounds good to me. I suppose I can handle an 80 - 100% increase Posted by blkmustangj on :
Hello Lil Penny and FOT
Hope you to are doing well. I'm in this one @.008.
Posted by forest on :
i managed to get in today at .0077...looking forward for a quick double although i didnt put in too much...
Posted by FatherOfTwo on :
The last 2 times the MACD crossed, we saw fifty to 100 percent gains.... we will have to wait and see what we get tomorrow....I am hoping for another big gain! Posted by tater9 on :
ok father, where do you get this triangle deal at, kind of new to that one, can ya help me a little?
Posted by FatherOfTwo on :
Copied from page 1...
Here is a better explanation of the Ascending Triangle.....
In this example, the top of the triangle was 29.50, the bottom was ballpark 25.00 (29.50 - 25.00 = 4.50).... after the breakout, it went to 29.50 + 4.50 = 34.00.... which is really close to where it made it in the example.
Posted by forest on :
just got me some more of this stuff...sniff...smells great...Mmmm
Posted by forest on :
going the wrong way...lol
Posted by Ramius on :
I just used my last $$$ to fill a little more @.0069.
Posted by FatherOfTwo on :
The shake down is over and the BxA are coming back up... wish I had some free funds to load up some more!
Posted by forest on :
lol...those free funds might be here sooner than you think...might be able to load up really cheap... Posted by FatherOfTwo on :
News is out.....Great news....competion of project... follow on customers = more sales... Demonstrations scheduled for the end of the month. I am holding on!!!!!
CNC Management Provides Training At Sacre-Coeur; Planning Major Product Briefings to Quebec Hospitals Wednesday March 16, 10:30 am ET
MONTREAL, March 15, 2005 (PRIMEZONE) -- CNC Management Services (Other OTC:CNCW.PK - News) announced that it has completed customer training at Sacre-Coeur Hospital of Montreal for its Pyramid decision support software as it nears the conclusion of its implementation contract.
ADVERTISEMENT Pyramid, currently being implemented at two hospitals in Quebec, is a powerful case cost-management and decision-support software solution that allows healthcare administrators to track and fully evaluate the detailed direct and indirect costs of clinical and medical activities within and between their institutions.
With the progress made in recent weeks at both the Hotel-Dieu Hospital of St. Jerome and at Sacre Coeur Hospital of Montreal, the Company is responding to market requests with combined demonstrations that are being scheduled for later this month to prospective follow-on customers in Quebec. The training and demonstration activities will involve KREG Information Systems, the U.S.-based solution provider that is a proven leader in healthcare decision support systems across the U.S.
Posted by forest on :
picking up a little....lets get this thing moving...
Posted by FatherOfTwo on :
That 50dma line is the support... we did not fall below that in this shake...... It will go up from here....
Maybe I'm naive, but why would the price fall about 15% after positive PR??
Posted by theladder75 on :
Hey Father... hey Lil... still looking for something juicy after getting out of VNTN. This looks like it could be it! Great find guys. ; )
Always good to be on board with the two of ya!
theladd
Posted by theladder75 on :
Hey what did you guys get in at? I've ben trying to get in at .0065... but now it's on the rise. So I may bump it to .0068.
theladd
Posted by sonic0boom on :
i got in a little early on Monday before the dip at .0077. Based on FOT's predictions, right now probably is a good time to get in.
Posted by Ramius on :
I'm in since last week @.0067, got a little more this morning @.0069...it sure has been a roller coaster.
Posted by theladder75 on :
Okay... buy order at .0069. Let's see what happens. : ) !!!
theladd
Posted by theladder75 on :
Right. My order went through at .0069! C'mon baby...
I don't know how many of you are in California today. But hot damn it is an absolutely gorgeous day! I'm gonna go for a quick run around the park.
theladd
Posted by Ramius on :
FOT you hangin on here? Disappointing day today. What do the charts say?
Posted by tater9 on :
my charts say.....this one is not for me
Posted by theladder75 on :
LOL! I sure know when to get in these things.
Man...
theladd
Posted by rays94runner on :
Ok Im in tommorow 1st thing
Posted by rays94runner on :
American bulls posted a sell today
Posted by theladder75 on :
Yeah... if American Bull says sell that usually means get in, right? You can deny how good everything looks on this one. None the less it can be a roll of the dice. Good luck to all who are joing the party!!!!
theladd
Posted by theladder75 on :
I meant to say you CAN't deny... not you CAN deny.
Whoops! ; )
theladd
Posted by sonic0boom on :
Here's a drink to CNCW ... Not only is it my first stock pick, but I also have a honeymoon to pay for next month! Posted by forest on :
all quiet in cncw today!!
Posted by sonic0boom on :
but on the other hand, we're up to 3 pages on this board. Does that give us hot topic status???
Posted by theladder75 on :
Pretty quiet round these parts.
theladd ; )
Posted by sonic0boom on :
Well ... I've sold out ... moving the $$$ to CNES. Actually, I think it's a good thing that my first stock pick lost me money (~ $90) ... wouldn't want to get too confident!
Posted by forest on :
FOT - still the easiest money? Posted by theladder75 on :
Love your tagline forest...
that's exactly how I feel right now.
Arghhhhh... it's going the wrong way!!!!!!!!!!!
Well so much for charts on pinks. : )
theladd
Posted by windjunkee on :
is there such a thing as a perfect descending triangle?
Posted by forest on :
guess something is up....it is flying this morning...cant see any news out on this one
up 27% already
Posted by forest on :
aha...good news...
CNC ON THE MOVE: CUTS COSTS AND RE-FOCUSES PRODUCT LINES
02/26/2004
(Montreal, February 26, 2004) Central Network Communications (CNC) Inc. reported today that it has undertaken aggressive measures in reducing operating costs and refocusing its product lines as it prepares to finalize the sale of its operations to Viropro Inc. (OTCBB:VPRO) in the coming months.
"We want to make sure our resources and energies are fine-tuned to building our order book, implementing customer contracts, achieving profitability and increasing shareholder value over this year", remarked Robert Egery, President and COO of CNC. "Also, we want to send a clear message to our customers and shareholders that our business foundation is lean, stable and ready for growth in 2004."
Over the past several weeks, the Company has slashed its burn rate by approximately 70% and has closed down its "Win" human resources product line in order to concentrate on what it believes are the substantial market opportunities at hand for its Case Cost Management solution "Pyramid" which is already installed in two Québec hospitals. Pyramid is catching the interest of healthcare institutions across Canada as the market for innovative decision-support systems appears to be rebounding in 2004.
Mr. Egery, with over 20 years experience in high tech, most of it successfully running business development operations in Honeywell, Lockheed Martin and Bombardier, has personally taken over the reins of CNC's sales and marketing initiatives to "raise the bar" in terms of sales projections going forward.
As previously announced, the Company is also preparing to enter the fast-growing Life Sciences market through the possible acquisition of CIHC BIODEV Inc., a firm specializing in building marketing and technology transfer partnerships in the human and animal biotechnology sector. Potential for this business, starting with major agreements between partners in Canada, the US and Brazil, could be substantial, with revenues expected to start during 2004. This acquisition is in its preliminary stages and is subject to, among other things, completed due diligence, a long form agreement and Board approval. The Company anticipates that these developments, combined with others expected over the next several weeks, should provide welcomed assurance to its shareholders.
Importantly, the Acquisition Agreement with Viropro has been signed and Shareholder Approval has been obtained. The transaction will be completed once certain closing conditions are met, including, among other things, SEC approval of an S-4 Registration Statement covering the 20,000,000 shares to be issued, which Viropro intends to file before the end of this month.
Posted by forest on :
oooppppsssss....that was from 2004...bad me...forget that one....cant see any other news which would make this move like this...what is up???
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