posted
Chart...you did you see FFHL today...I was hoping you would catch it. Chinese IPO's are hot right now...and FFHAL may be the next EFUT with its low float and growth.
AVTI had a nice day...we are getting support at .03+ and once we break .035 we are off to the races
-------------------- Disclaimer: Not accountable for anything I say
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quote:Originally posted by KP: but avti...now that one completely slipped by me
Cool, then maybe what you are doing in your "scans" is different then what I'm doing... Thereby if we trade ideas we both grow in knowledge do we not???
posted
yes we do..I was using stockfetcher and believe it or not, one of their public scans...haven't gotten around to paying the fee so I couldn't get all of the results..so AVTI may have been in ther...But I did a basic MA crossover scan and well...wegi and bign were one of them...liked their charts. So I went in...they were just beginning their uptrend..that's where I like to get in..My main tool are the MA's and I always follow the "breaks the 10 MA downward...I am out" rule. Alot of our work here is basic...as long as you have a clear-cut understanding of just what the charts tell us. The Japanese really simply amazing, analytical minds to have produced such an anomoly.
Yep, we think alot alike... Thanks for the run down, sounds solid
Several scans I look at,... all anything to do with movement like Volume scans or Oversold with increasing RSI or MACD crosses. Free site's that I use are at Stockcharts dot com and Clearstation dot com.
Clearstation has a "Tag and Bag" tab, from there I hit "Technicals" and and pull up lists on all kinds of scans, I select one then use their "Graphs in Bulk" feature to look at Multiple stocks WITH charts AND indicators for each one (which you can adjust to 1 - 10 (I think) charts per page ranked in decending order...
Quick and fast, gotta like that!
I take the best from all the scans and look to see if any have everything that I'm looking for. About 1 in 100 do.
4 basic indicators I use for Penny's that cover everything that's going on with them...
STOCHASTIC, for finding exactly where to buy in and out.
MACD, for the Trend, MUST have a positive cross in the Daily AND Weekly chart and also be BELOW the center nuetral line of it's indicator -where the breakouts happen
Acc/Distr, to tell if investors are gathering or DUMPING shares.
CMF, the good old Chalk'n MONEY Flow for finding out if money is flowing in or out of the stock.
Once i find a stock that fits ALL of this, well... $$$$$$$
So far EVERYONE has taken off except one that we had to back out of PDSC which showed signs of delution starting so I pulled out [CMF went UP but the Acc/Distr. indicator went sharply DOWN... -and that can't be...]
And good old AVTI is still in play! Last one of my current 3 pic's.
Stockcharts dot com too has a "Bullish Engulfing" tab in their "Stock Scans" section that picks up alot of upcoming runners.
Positive cross with the CMONEY Flow, Weekly indicator showing a new uptrend, BIG volume in the Weekly and MACD heading towards the centerline breakout area.
I'm hoping AVTI will pop then swing over to PHEI, hopefully by then PHEI's Momentum bars will be growing... -that would be the "trigger."
Just like AVTI's momentum bars are GROWING in BOTH the Weekly and Daily indicators! Wow ~ http://stockcharts.com/charts/gallery.html?avti Those candlesticks in the Weekly chart to show a clear "step" pattern, all signs that we are right where we WANT to be!!!! IMO
posted
No doubt Chart, I saw your first post and checked out the chart (no pun intended) and could see it is only time before this one goes north. Strong bid support at .038. Good luck bud and thanks.
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