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Will try and get it for you tonight.What I like to do is to have a chart of the symbol and then put in what needs to be there and give you a brief explanation on what's going on. chuck Posts: 330 | Registered: Nov 2007
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The uptrend line is the thick orange line. Support line that was your resistance line is thick gray line. Moving average band consist of small blue and red lines.
At present time the stock is touching the uptrend line and the small blue band. If the stock penetrates and closes above this line for 2 consecutive days this is considered a buy signal. For the uptrend line and the support line--read the following info--
PFG –broke above the upside resistance level of 63.57 one day ago. This is a bullish sign. This previous resistance level of 63.57 may now provide DOWNSIDE SUPPORT. Volume on the day of the breakout was neither extremely heavy nor extremely light providing no convincing evidence either way as to the validity of the breakout.
The most recently confirmed up trendline for –PFC – has an ending point currently at 66.32. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.
Weekly chart is in a consolidated period beginning at 10/5 to present. Cannot get a good read on this chart.
It is obvious the stock is at a 52 week high. Could put additional indicators in, but would be too much to digest. They would basically support the same info. The following is a chart of the above information.
------------------------------------------------ In regards to possible legal issues, be advised:
The above information is not a recommendation from myself to others to buy or sell, nor does it provide to other individuals a recommended timeframe for the entry,exit for a stock transaction.
Any individual can use the information as they so choose, but in doing so, that individual accepts full responsibility for results from the use of the information.
I, Chuck, can accept no responsibility or liability for any other person's use of the information for their personal trading. -------------------------------------------------------------------------------- ------------ Chuck Posts: 330 | Registered: Nov 2007
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Money, Took another look and found a pretty strong resistance line around 68.75 area. Let me explain further--narrow blue band is a 10 day moving average high. Narrow red band is an 8 day moving average low. chuck
Posts: 330 | Registered: Nov 2007
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Cisco, You have a down trendline with a ending pont of .89 . you will havt to break through this line for more upward movement.
You also have a resistance line .72 represented by the big blue line. you also have a support line represented by a big red line, which is around .53
At this particular time you have penetrated the small blue line. Which is a 10 day expotential moving average high, if you stay above this line 1 more day. This will be considered a buy signal. If you go below the small red line, which is a 8 expotential moving average low, for more than two days, this is considered a sale signal.
The large width of the bands suggest high volatility . Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term..
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by chuck9: Took a hit Friday, Guys. --- OUCH --- Chuck
Chuck,
Thanks for the info man....I did get in BIOM at .59 and .67....I should have sold at .69--resistance...But I was being to greedy I have to be more disciplined and sell sell sell at resistance...
Monday is going to be interesting...Wish me luck!
Posts: 1075 | From: weeeeeeee | Registered: Sep 2007
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Symbol--Pay-- just completed running a four point retracement. First retracement I see is around 26.37 a retracement of 25%. ------------------------------------- In regards to possible legal issues, be advised:
The above information is not a recommendation from myself to others to buy or sell, nor does it provide to other individuals a recommended timeframe for the entry,exit for a stock transaction.
Any individual can use the information as they so choose, but in doing so, that individual accepts full responsibility for results from the use of the information.
I, Chuck, can accept no responsibility or liability for any other person's use of the information for their personal trading. -------------------------------------------------------------------------------- ------------
posted
Premarket hours: MEDX --- down 22% price. $10.31. Time 7.53 Central-- this could be a candidate for a short position. -------------------------------------------------
In regards to possible legal issues, be advised:
The above information is not a recommendation from myself to others to buy or sell, nor does it provide to other individuals a recommended timeframe for the entry,exit for a stock transaction.
Any individual can use the information as they so choose, but in doing so, that individual accepts full responsibility for results from the use of the information.
I, Chuck, can accept no responsibility or liability for any other person's use of the information for their personal trading. -------------------------------------------------------------------------------- ------------ Chuck Posts: 330 | Registered: Nov 2007
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Been a nice run so far this morning to the down side---MEDX ---- time 9:20 Central. Price 10.85 Posts: 330 | Registered: Nov 2007
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ACE--You're going to have to be able to read time. I said it was 9:20 Central. I am a hour behind you can't you get that man. Besides that, I did not go into the stock at 10.20 or 9.20 Central. If you really have to know and it appears that you do. That is when I came out. And at that particular time, the price was $10.85. Now since I said that. My short entry was $11.30 with 3 thousand shares. I had an exit at 10:85 My profit was 1,350 minus commissioned. Now you had the same opportunity I did, what was your profit? Go back and look when I posted this stock , it was 7.53 AM central. chuck Posts: 330 | Registered: Nov 2007
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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Thanks BOO. But let me apologize to all of the board. I will try not to let this happen again. After I thought about what ACE said ,I'm sure he meant It in fun . chuck Posts: 330 | Registered: Nov 2007
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big board post.... been following the housing crash debacle and its been showing some signs of breaking the down trend. DHI in particular has broken its strong down trend this past week.
now I am not implying the trend is over. but this maybe a great sector bounce play. additionally many housing stocks pay dividends. so keep these on the radar. DHI, LEN, BZH, and PHM are the ones i've been following in particular.
quote:Originally posted by chuck9: ACE--You're going to have to be able to read time. I said it was 9:20 Central. I am a hour behind you can't you get that man. Besides that, I did not go into the stock at 10.20 or 9.20 Central. If you really have to know and it appears that you do. That is when I came out. And at that particular time, the price was $10.85. Now since I said that. My short entry was $11.30 with 3 thousand shares. I had an exit at 10:85 My profit was 1,350 minus commissioned. Now you had the same opportunity I did, what was your profit? Go back and look when I posted this stock , it was 7.53 AM central. chuck
LoL...you are funny...I got the time down fine. I know that was the price you got out! That's my point! You posted another trade after it already happend! Why not post you entry? Anbody can look at the premarket losers and say good short opportunity! and then if it goes down after open say..."I made money"
Posts: 2321 | Registered: Aug 2006
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MEDX -- broke through the resistance line today of 11.39. with high volume. Cannot find any support line. Will keep my eye on this one for tomorrow. chuck Posts: 330 | Registered: Nov 2007
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Cisco, did you get any of the action today on--- MEDX ---? as far as that goes did anyone short this today? chuck
Posts: 330 | Registered: Nov 2007
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test for time format. Further post times for me will all reflect central time. Hope this clears up the confusion concerning time of my post. Chuck
Posts: 330 | Registered: Nov 2007
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quote:Originally posted by chuck9: test for time format. Further post times for me will all reflect central time. Hope this clears up the confusion concerning time of my post. Chuck
LoL..there never was any confusion with the the timezone...just your posting style and the point at which you choose to post your exits....after it happens, which anybody can do....
Posts: 2321 | Registered: Aug 2006
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quote:Originally posted by chuck9: Cisco, did you get any of the action today on--- MEDX ---? as far as that goes did anyone short this today? chuck
No...I have been busy with AFT...picked up some more today at .28..LOTSA insider trading!!
Posts: 1075 | From: weeeeeeee | Registered: Sep 2007
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