posted
This may be ready to make a solid run back into the 5's over the next couple months...I would like to see a close over 3.15 or so but I have taken a moderate position in * $3.01
Posts: 1104 | Registered: Dec 2005
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posted
Took a look, and it looks fairly interesting. The stock has decent volume and appears to have a round a .15c spread from high to low. Looking to make five cents per share.
The stock also broke above, the resistance level of 2.59 about 15 days ago. This resistance level will now become the support level.
Did a little more investigation. The stock is also still in a overall downtrend on the daily chart and is also still within the upper and lower Bollinger bands, favoring the upper band.
We'll start looking for a less volatile condition of the Bollinger Band watching for possible breakout with confirmation from the R- square indicator. Also at the same time trading within the Bollinger band, upper and lower band. ------------------------------------------------- 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. -------------------------------------------------------------------------------- ------------
Posts: 330 | Registered: Nov 2007
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