posted
Hmmmm not sure on this one stock dropped below it's 50 Day EMA. I'd like to watch this the next few days before entering this one. It dipped below it's support level of $1.40 yesterday that was the time to hop into this one. I think it could go either way but it's definately one to watch.
G'luck
Posts: 315 | From: New York, USA | Registered: May 2003
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posted
It did close above its 50 day MA of $1.53 what I'm hoping is it bounces tomorrow on a good volume.
quote:Originally posted by Chicoman: Hmmmm not sure on this one stock dropped below it's 50 Day EMA. I'd like to watch this the next few days before entering this one. It dipped below it's support level of $1.40 yesterday that was the time to hop into this one. I think it could go either way but it's definately one to watch.
posted
Got in at 1.53 today. I like this one...so hard to find a stock that has such a low RSI.
Posts: 123 | From: Fremont, CA, USA | Registered: Oct 2003
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posted
I got into this today @1.50.. stop @1.25.. good luck to us all... dan
Posts: 3 | From: Greeneville,Tn. USA | Registered: Jan 2004
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posted
just checked ABMC message board at YAHOO.. seems to be an inordinate number of foaming-at-the-mouth bashers.. Usually a good buy signal...I ain't running...
Posts: 3 | From: Greeneville,Tn. USA | Registered: Jan 2004
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posted
I personally still think its a good buy, b/c if you notice the sell off for last 3 days, its on very low volume.
Posts: 147 | Registered: Nov 2003
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posted
Still on the sidelines with this one will watch the next couple days to see what happens.
Posts: 598 | From: San Jose, CA USA | Registered: Nov 2003
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posted
In @ 1.47 late last week based on T/A. Any opinion on what the change over in the Board of Directors might mean to the share price?
Posts: 20 | From: charlotte, nc, usa | Registered: Jan 2004
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posted
In @ 1.47 late last week based on T/A. Any opinion on what the change over in the Board of Directors might mean to the share price?
Posts: 20 | From: charlotte, nc, usa | Registered: Jan 2004
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posted
In @ 1.47 late last week based on T/A. Any opinion on what the change over in the Board of Directors might mean to the share price?
Posts: 20 | From: charlotte, nc, usa | Registered: Jan 2004
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I currently own this stock... I'm fairly new to trading, and I don't know all about chart patterns, but isn't this a head-and-shoulders pattern, which is generally a bad thing?
posted
It isn't the most solid head and shoulders pattern, but it is for the most part. It looks like it's sitting right at about the neckline or decision point. If you draw a trendline for the past 6 months during it's uptrend, you will also see that it just broke below this line as well as the 21-day moving average.
To me, this looks more risky than the potential rewards. Yes, it may still bounce up a few times for some gains, but I think the long-term outlook for this stock has turned around, so I would be weary of entering at this time.
posted
My decision will depend on tomorrow's employment # and how the market reacts. Planning to sell most of my positions and moving to pharmacy stocks if NAS goes red.
[This message has been edited by Mehul_Sangani (edited February 05, 2004).]
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