EWZuber
1,373 posts
msg #33449
- Ignore EWZuber |
9/30/2004 2:46:54 AM
GBN looks very much like it is ready to move much higher.
Long term charts look very favorable and today the stock closed one cent above price resistance on heavy volume.
EMRG long term chart stochastics have diverged again and the stock continues to fall.
IVAN moving into a distribution phase on daily Charts and I suspect will be a good entry when it tests support possibly at the 15 DMA where it bounced today or if that is violated, the 25 DMA.
ALAN violated support so it is off the list for now.
OPLK selling volume has picked up and Long Term indicators are now undecided.
ASTSF, I really like this one but semi's have been really weak lately with a lot of earnings warnings and poor outlooks. This has weighted this one down and turned the long term chart undecided. The Long Term Primary Resistance Trendline is coming up soon at $5.15 ( & falling ). The reaction when price meets this line will be the deciding factor.
TERN has been moving up along the Supporting Trendline but again long term indicators are starting to look undecided and I would avoid a long position right now.
WSTL looks the best of the lot. Long Term charts look decisive and bullish as well as shorter term Daily Charts.
SQNM long term Charts looking questionable here also. Weekly chart crossing into distribution, i don't like this development.
REV broke TL Support to test the 50 DMA as support and it was confirmed. Short term I like this one and may be looking for an entry when it becomes oversold on the Hourly Chart if it stays above the 16 day Resistance trendline.
SPX long term stochastics have diverged with this weeks updates on BigCharts. This along with the fact that Weekly Chart Stochastics are in distribution puts a questionable outlook on this now. As long as the 50 DMA holds as support indicators will recover because the 50 DMA has flattened out and is starting to form an uptrend.
With Weekly Charts just starting a new distribution phase it seems likely that the 50 DMA will not hold.
JMHO
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EWZuber
1,373 posts
msg #33450
- Ignore EWZuber |
9/30/2004 4:05:06 AM
SBYN...Just became profitable and is basing on Daily Charts and just +Xover on Weekly. Coming up on Price resistance at $3.07. With a small Move higher it would break res. and likely confirm a new accumulation phase on weekly charts.
jmho
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EWZuber
1,373 posts
msg #33545
- Ignore EWZuber |
10/10/2004 8:52:43 PM
MSPD...Heavily oversold on Weekly at 5 and sell volume has dropped dramatically. The stock has been trying to get off the ground on daily chart and is in accumulation. Hourly chart is oversold at 10. TL Res. @ $2.09. Watching for a break.
DYTK... May be about to move and is in acc. on hourly. So far no volume. Daily Chart stoch. completely converged & Wkly +Xover.
SPIL...Looks ready to move up. Deep into Monthly, +Xover on weekly and down on small vol.
EMRG...Testing important TL Res. @ $0.90. Daily/ Weekly rising, M/Q oversold and starting to converge.
JMHO
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EWZuber
1,373 posts
msg #33574
- Ignore EWZuber |
10/15/2004 4:39:09 AM
MSPD Having a very tough time getting off the ground and this last earnings downgrade really put the hurt on buying interest. The stock continues to base.
SPIL trying to finish up a distribution phase on Daily Charts.
EMRG has moved up as high as +17%.
DYTK retesting short term support at $0.78.
SBYN putting a handle on that cuppattern. watch out for this one. Getting overbought on Weekly Chart so the pull back here could be substantial.
WSTL looks like it is ready to make another move up soon. It is oversold and testing the 25 DMA as support.
ASTSF getting tired after the big run. Needs to consolidate for a good while & see how it holds up during the next distribution phase on Daily Chart following the next accumulation phase.
MCEL has been a very interesting trade as it follows the movements of other energy stocks and moves somewhat in tandem with oil stocks & the price of oil. Also ESLR, BCON, ACPW, CPST, FCEL & BLDP.
Many good plays in this area, IMO.
TL Support has to hold for .COMP at 1897 or the chart becomes bearish.
All JMHO
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EWZuber
1,373 posts
msg #33624
- Ignore EWZuber |
10/22/2004 3:00:21 PM
ARDI looks about ready to make a very substantial move higher. JMHO
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EWZuber
1,373 posts
msg #33838
- Ignore EWZuber |
11/8/2004 9:34:11 AM
DDIC looks ready to move higher Monday morning. Big buying volume moved into the stock in the final hour of Fridays session.
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EWZuber
1,373 posts
msg #33848
- Ignore EWZuber |
11/9/2004 1:39:30 AM
SCKT is in an unsustainable free fall and appears to be going through capitulation right now. Earnings were not all that bad and I suspect there will be an oversold bounce before too long. It is oversold in sevaral time frames. watching the Resistance trendline as well.
TWR is a good example of a stock that recently went through this process and had a substantial bounce.
JMHO
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markcrisp
187 posts
msg #33860
- Ignore markcrisp |
11/10/2004 3:44:09 AM
Opinion....Eveyone's got one. I wonder how mant thought TZOO was a clear short at $50, $60,$70 and now at $100. wheras I simply go with the flow I am amazed at how many people like to "guess" what "might" happen next...
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EWZuber
1,373 posts
msg #33861
- Ignore EWZuber |
11/10/2004 3:52:06 AM
EASY dropping three days on successively lower volume after a high volume day surred by earnings report.
This filter coming into play now as market settles down. Adapted from a filter posted on SF quite a while back.
SHOW STOCKS WHERE CLOSE 2 DAYS AGO IS LESS THAN CLOSE 3 DAYS AGO AND VOLUME 2 DAYS AGO IS LESS THAN VOLUME 3 DAYS AGO AND CLOSE 1 DAY AGO IS LESS THAN CLOSE 2 DAYS AGO AND VOLUME 1 DAY AGO IS LESS THAN VOLUME 2 DAYS AGO AND CLOSE IS BELOW CLOSE 1 DAY AGO AND VOLUME IS LESS THAN VOLUME 1 DAY AGO AND VOLUME at close IS LESS THAN AVERAGE(90) VOLUME AND AVERAGE VOLUME(90) IS ABOVE 100,000 AND CLOSE PRICE IS BETWEEN 0.50 AND 30
SGI appears to be ready to move higher. Looks like about a 3month Res. TL was broken today.
JMHO
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txtrapper
548 posts
msg #33862
- Ignore txtrapper |
11/10/2004 8:32:16 AM
EW Zuber
I agree with you on ARTX. Good "buy and hold" right now!
TxTrapper
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