EWZuber
1,373 posts
msg #29861
- Ignore EWZuber |
11/14/2003 10:07:42 AM
Sold SSTR @ $1.96 for +17%.
|
EWZuber
1,373 posts
msg #29870
- Ignore EWZuber |
11/14/2003 2:44:01 PM
POSO max oversold @ 0 on hourly charts and testing the 15 DMA as support @ $0.48. Looks like a good entry. JMHO
|
EWZuber
1,373 posts
msg #29903
- Ignore EWZuber |
11/17/2003 3:50:15 PM
Picked up a few more POSO at $0.46 today right on the 25 DMA.
So far it looks very good.
This was one case where averaging down from $0.48 was warranted because the stock offered a genuine buying opportunity at a valid support level and would have been a good entry on it's own.
|
TheRumpledOne
6,529 posts
msg #29904
- Ignore TheRumpledOne |
11/17/2003 5:01:15 PM
POSO closed at .54 Nice call!
I hope you took your profit or locked it in with a STOP LIMIT.
MAY ALL YOUR FILLS BE COMPLETE.
|
EWZuber
1,373 posts
msg #29916
- Ignore EWZuber |
11/17/2003 11:24:16 PM
TheRumpledOne
No , not yet. Trendline on 5 min. & 1 hour charts is still intact, no convergence of the stochastic fast and slow line on hourly charts. Looks higher, IMO.
I suspect it will hit $0.55 ~ $0.60 at least.
If the DMI(2) indicator still worked on these RT charts i suspect it would indicate higher prices also. JMHO
|
EWZuber
1,373 posts
msg #29917
- Ignore EWZuber |
11/17/2003 11:47:39 PM
Correction, that should read, $0.56 ~ $0.66.
I suspect it will actually break out before this weekly chart cycle is over.
|
EWZuber
1,373 posts
msg #29926
- Ignore EWZuber |
11/18/2003 10:13:37 AM
POSO broke trendline support this morning sold @ $0.53.
|
TheRumpledOne
6,529 posts
msg #29928
- Ignore TheRumpledOne |
11/18/2003 11:20:11 AM
Nice trade there EWZuber.
TAKE ALL YOU CAN, GIVE NONE BACK!
|
EWZuber
1,373 posts
msg #29932
- Ignore EWZuber |
11/18/2003 3:06:41 PM
Bought 200 more POSO @ $0.51 when the stock formed a new supporting trendline. Just sold at $0.67 on a break of trendline support on the 5 minute chart.
Wish I could have gotten a lot more but the money was not 'settled'.
A technical success but hardly enough net to fill the tank on my truck.
|
EWZuber
1,373 posts
msg #29933
- Ignore EWZuber |
11/18/2003 3:45:23 PM
Not sure yet but it looks like MEM may be bottoming out near $0.83.
It is oversold on Hourly and 5 minute charts but has had a fast line cross below the slow line on Daily charts.
If the stock makes a big move soon enough it will straighten out and these lines will appear as a convergence but not a cross.
|