Desrow
1 posts
msg #100698
- Ignore Desrow |
5/12/2011 12:55:18 PM
Hi,
New to this forum, have devised a filter that turned up GLBL for a long pop. Anyone have an opinion on this stock based on your own filters?
Thanks for any response
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johnpaulca
12,036 posts
msg #100700
- Ignore johnpaulca |
5/12/2011 3:57:46 PM
Welcome to SF. I have a similar filter that brings back these nasty looking stocks like GLBL, SFD, GFA. these two stocks I successfully traded this week...see intraday alerts thread. I still need to work out a better entry, was a day early on SFD. These stocks should not be help for more than 1-2 days..."one day wonder". Check for increasing buying on a shorter time frame (30-min) before committing to the trade....hth
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johnpaulca
12,036 posts
msg #100701
- Ignore johnpaulca |
5/12/2011 4:02:59 PM
MTW($19.02)...this is a stock I am currently stalking, check the 30-min chart you'll see an increase in buying.
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jimvin
173 posts
msg #100702
- Ignore jimvin
modified |
5/12/2011 8:35:57 PM
In terms of filter-based opinion, GLBL is not showing up on any of the turn-around filters I play which have a pretty good track record.
My investing opinion (for what it's worth): Attractive if you play turn-arounds; MACD is a disaster; candlestick pattern is almost a 45-degree drop since the beginning of May, and the RSI is below 20. May be a good play for day-traders if you play swings (someone will see it a bargain based on RSI and jump on it). ...However the stock price is now just above 6 and the 52-week low is just above 4, so it could go much lower....
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johnpaulca
12,036 posts
msg #100714
- Ignore johnpaulca |
5/13/2011 10:45:38 AM
GGC....another one day wonder with volume increasing as seen on 30-min chart....up 5% today
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