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Energy stocks are new momentum.. PDRT was 2 dollars 2 months ago.
ChartWiz11
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oh sh**t it's breaking out..
ChartWiz11
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anybody else in?
ChartWiz11
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There is a possibility that new drilling technology that PDRT offers, can produce plenty of contracts.
ChartWiz11
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up 55%
ChartWiz11
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Doing very good.
ChartWiz11
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It should bounce back soon.
ChartWiz11
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moving up.. I think we might close high today.. There is very limited shares available and spread is high, on top of that it's oversold. This stock has great upside potential.
ChartWiz11
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Looks like we have a Bullish Harami pattern.
T e x
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quote:Originally posted by ChartWiz11: Looks like we have a Bullish Harami pattern.
Where do you see that? I see today as a shooting star...hardly bullish.
ChartWiz11
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Ask is high.. We might break Parabolic SAR which is at 0.22
StockConsultant.com has following targets 0.21 0.24 1.54 2.18
There is a formation of piercing pattern on Dec 23 which shows a strong bottom reversal. Current doji formation represent bear and bull conflicts and waiting for any trigger. Higher doji with low sell volume shows that sellers don't exist or weak. Any trigger will make this stock very bullish especially given the fact that float is low. 200 day average or 20% above it, is a great target on this stock. This is a good week to accumulate. This stock should be near 1.50 range.
Thanks.
ChartWiz11
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I expect new bullish trend to start in January. Before that we might see bit lower levels. Next two weeks should be great time to accumulate.
T e x
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quote:Originally posted by ChartWiz11: Tex,
There is a formation of piercing pattern on Dec 23 which shows a strong bottom reversal. Current doji formation represent bear and bull conflicts and waiting for any trigger. Higher doji with low sell volume shows that sellers don't exist or weak. Any trigger will make this stock very bullish especially given the fact that float is low. 200 day average or 20% above it, is a great target on this stock. This is a good week to accumulate. This stock should be near 1.50 range.
Thanks.
lol, it seems to me that you'll post just about anything.
Case in point, your "bullish harami."
Let's get down to brass tacks...are you a stuckholder in this dog?
I see where the September info caused the big drop--what do you see that will counter that info?
ChartWiz11
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Nice volume today. I'm stockholder in this.
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