posted
Very oversold, and looks to be ready to begin it's head back north. I'll be getting in today under 2.20, and will be looking to exit anywhere above 2.60 (about 20%)
IP: Logged |
posted
down to 2.10 now and if earnings are revenue and profit are up from the 10k why the heck are people still selling this stock? Must know something you don't know.
It looks like you could make a quick 20% on it theoretically but there has to be a reason it has dropped from 115 to 2 dollars in only 4 years.
posted
Also there is tremendous resistance from 2.50 to 4.00 so it will take many ups and down for it to ever break 2.50, but if you can get out right at 2.50 it might work.
IP: Logged |
posted
I've been watching SCON this morning per yer post and it does look like it's oversold and due to rebound here but just can't seem to generate any momentum here. I think it could dip into the $1.90-ish area here quickly before we see it start to trend back up into the $2's. Similar to VITX that dropped suddenly 2 days ago to $.95. Gluck with it. I'm still watchin....let us know if you jump in and at what price
IP: Logged |
posted
I got in earlier today at 2.15. Today's action is on very light volume, and a lot of people getting out early this morning after yesterday's small run. Looking at the 5-minute charts I think it will begin to consolidate around 2.10-2.15 for the remainder of the day and probably see a slight increase tomorrow.
IP: Logged |
posted
No. it shouldn't go lower than 2.00 but if it does there is no stop to how low it could go. But it should hit close to two and bounce up. It has strong support at 2.00. It has 15 cents worth of support when it hits 2.00. If you look at the chart.
IP: Logged |
posted
I still like this one, so holding on. It is holding on to these levels very well, between 2.05 and 2.20, and it looks like it it would take quite a bit to really bring it down. MACD and Slow STO are steadily increasing and it is still oversold but improving, so I think this will eventually start to break upwards.
IP: Logged |
posted
The daily price swings are getting more and more narrow and it continues to hold in this range. I still sense something is brewing, and after this period of consolidation it will make a little run to the 2.5 range
IP: Logged |
posted
Well, I could have saved a few dollars by waiting to enter when it was in the low 2.00's but what's more important is the exit. Still looking for 2.6 on this one, but if it appears to weaken tomorrow I'll put a stop in around 2.3. But I think it still has enough in it to hit 2.6 Let's hope!
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
