posted
I bought all in yesterday morning, and wish I could load up more on this dip. All this needs is goog some volume to push the past.052 and it should run nicley.
-------------------- "Life is not about arriving at the grave site with your body in great shape and peaceful, but to slide in sideways half worn out going, holy **** what a ride!!!!!" Posts: 297 | From: usa | Registered: Nov 2003
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posted
Well another losing day. Looks like the pumpers and the MM's had a good time though. I should have known better but maybe there's a turnaround in the next few days. Only time will tell...
-------------------- "100 years from now it won't make any difference!" Posts: 287 | Registered: Sep 2007
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posted
If you look at the chart it was bound for some profit taking. Still a good play. I am patient with this one right now. Still think good entry point, but these pennies are not always for the faint of heart thats for sure. I am holding on 350,000 shares over the weekend which I never do.
-------------------- "Life is not about arriving at the grave site with your body in great shape and peaceful, but to slide in sideways half worn out going, holy **** what a ride!!!!!" Posts: 297 | From: usa | Registered: Nov 2003
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posted
One good point in favor of this stock is that the golden cross is just around the corner. If they time the release of the merger news with the golden cross it'll be a rocket...
-------------------- "100 years from now it won't make any difference!" Posts: 287 | Registered: Sep 2007
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posted
My chart setup for SWVC. Link is at bottom. Please read and save this post.
Open link below for SWVC 4 month chart and adjust to 1,2,3 and 4 months on chart attributes and hit update to get the big picture on this stock.
My chart analysis:
Today SWVC tested the EMA8(.0335) but closed above at .035. MACD is still positive (good) and WmR%9 is slightly below 50 (slightly bad) but so were most all stocks today. ex. F, GM, VMW, EMC.
For Monday: On the down side SWVC must hold .0335. If not, next test is .029. If you draw a straight up sloping line on all the lows on any of the charts you will see the predicted absolute bottom for Monday is .029 which is also the middle Bollinger Band. As time goes on this bottom price rises.
On the other hand this stock appears oversold and it could also rise Monday to test the upper BB which is .040. if it holds then back up we go each day. Volatility will come again if there are pumps and day traders will make out. Thats OK. Overall though SWVC should continue its upward trend with higher highs and higher lows. The chart says it all.
I bought 250,000 shares EOD today at .034. I will not sell unless it looks like the stock cannot maintain .029. My gut tells me today was a panic every where (DJ down -366 points) and that people will clear their heads this weekend and buy back value Monday. That is why I bought.
IMPORTANT: When the WmR9 crosses back up above the -50 mark the chart readers will jump in and then SWVC will take off. Pay attention to this point in particular!
posted
If we hold the MA8 on Monday and we have a white candle day then SWVC will move up. If we don't hold the MA8 on Monday and have a red or black candle then we will probably continue down untill we hit a bottom. When the stock is declining and we have a red candle day followed by a white candle day that is the time the stock should start back up. EMA8 is my confirmation of a solid up trend.
Check out my chart link with any stock for those that are learning. Remember a sudden event such as unexpected good or bad news will change things one way or the other and you have to follow the momo at that point. The chart is still used to monitor reference points to know when to get in and out quickly. Free charts are 15min delayed so make sure you use a paid real time chart service.
posted
IT WILL ROCK TODAY! ALREADY UP 13% in Germany!
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;) Posts: 936 | From: Virginia | Registered: Aug 2007
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posted
Currently .012 in Germany...so she should drop here as well...might be a good in.
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;) Posts: 936 | From: Virginia | Registered: Aug 2007
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