Hi all I am new to the board and am glad to offer some stocks I feel will be great buys. This stock is going to sore monday with a very low float...approx. 30 million. All charts are showing a breakout for this stock. If you look at bollinger bands they are just opening and are primed for a big breakout to occur. With a small float this stock can really move. I would recommend getting in soon. Monday afternoon this stock could see major gains. Check out the MACD lines and they also show a upward trend that will show a strong buy signal coming on monday. VOLUME is picking up and so price will follow. If we see 30% gain today we could see 80 to 100% gain PLUS on monday. This stock is considered a STRONG buy and a MUST for people who want to make serious money. Similiar picks to advk...all my opinions BUT charts dont lie!
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No I dont think it is too late to get in monday morning. I would try to get filled in the am and see what happens mid morning and early afternoon. Good luck and PS the MACD or moving average lines show a upward trend...
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I would have to disagree. I found this stock Thursday night hitting a low RSI, but in one day (Friday) with moderate volume, its RSI jumped back to 60+. The company only has 20M in float, and 13 million traded Friday. While it was certainly good for a one day gain, IMO, it doesnt have room to continue its uptrend without a good PR or new numbers to show revenue increase.
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Bob, I can see why ur thinking that, I used to think the same way too. IF I may, this is what experienced: I realized that if a stock's limit of rising cannot be more than 80%, then how can any stock be a breakout stock? While its true to your regular josh-moe stock goes up a few % then comes down, breakout stocks tend to breakout and keep shooting up. Thinking that 80% is too high of a rise for a stock, caused me to lose out on stocks like ONEV after the first day. UVCL has already proved itself. It went to 17 cents last year. As for the RSI, it has come to my attention that in penny stocks, technical analysis is never a complete guide to stock behaviour, especiallly in low float stocks. I've made the mistake of not believing in breakouts once, i wont do it again.
Full disclosure: I have no position in UVCL, I am probably going to play on Monday, and i am not promoting it UVCL or disagreeing with you, just sharing my experience.
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I respectfully understand both of your positions, however, this stock is showing strong break out to occur. This stock is showing a strong open bollinger and a MACD line that is headed north. Also the RSI on this is 80 right now. I am going to play this on monday and I woule "Recommend" all of you play as well, if you want to make some money that is. Once again, play at your own risk, but rocky11 is right....break out stocks dont break out all in one day. ONEV was a prime example. Good luck trading all....UVCL all the way to .03 or higher monday
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just for the record, played got into ONEV @ 0.027-0.028 got out at 0.10, 0.12, 0.13, you do the math. And that had a much much higher float than UVCL.
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Here is a chart to show what we are all talking about and why this stock is going to blow up IMO on monday! http://williams_kn_pe.tripod.com/
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bachelor
unregistered
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damn this stock is becoming famous. what the heck, i'll jump on.
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Beware of the RSI trap! the RSI merely indicates buying pressure, not overall number of buys. It sometiems misguides people into believing a security is overbought or oversold, i would advice referering to other indicators like bollinger, MACD etc, and maybe using RSI in conjunction with them.
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ENJOY the ride all of us in uvcl!! May the bid price be with you!!!!!!!! I am hoping for .06 or higher when its all said and done! Maybe even see a repeat of last years .17 all in 4 days!!
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