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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » UPDA= DON"T MISS THIS TRAIN!!!!!!!!!!!! (Page 7)

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Author Topic: UPDA= DON"T MISS THIS TRAIN!!!!!!!!!!!!
Alek2
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Guys, this stock is falling, but if you take a look at the market in general, it is horrible, most stocks follow the market unless some huge news breaks out such as a cure of SARS or something.

If you sell this stock now, you will be cutting your losses to someone that knows what they are doing and they are the ones that bought from you. Then they will stick it out and wait it out, and make 2 or 3 times what they bought it for.

I am in at 115 and I won't be selling no matter what right now because the market will turn and when it does, I will recover most if not all of my money.

Cheers!

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Interesting
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The RSI chart on this says oversold, way oversold.
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Interesting
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http://stockcharts.com/h-sc/ui?s=UPDA&p=DAILY&b=5&g=0&id=p
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amswap
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quote:
Originally posted by Interesting:
The RSI chart on this says oversold, way oversold.
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That's why I was waiting for it to go down to about .05 or lower to get in. Good luck to those in it. Take a profit and run.
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Interesting
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Oversold could mean that there will soon be a shortage of sellers, no more sellers to sell because they could have all sold out (possibly). When buying pressure starts, the price usually goes up.
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Alek2
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For all that were in at 0.069, get out if it hits 0.09
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Interesting
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Look at what happens after the RSI dips to or drops below 30 on these charts. Sure looks like a bottom play.
http://stockcharts.com/h-sc/ui?s=UPDA&p=D&yr=1&mn=0&dy=0&id=p13992903008
http://stockcharts.com/h-sc/ui?s=UPDA&p=D&yr=1&mn=8&dy=0&id=p48319642634

Posts: 203 | From: Ft Collins, CO | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
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