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PKTX STILL IN A TRADING RANGE WITH DAYS OF JUST MARKET MAKERS MAKING TRADES.BUT I DO LIKE THE FACT THAT PRICE IS HOLDING UP WAITING FOR FOR EITHER A TECHNICAL MOVE OR A MOVE WITH NEWS.
BRANDO HERE IS A CHART,IT COULD BE A BAR CHART OR A POINT AND FIGURE CHART OR THIS CANDLE CHART.I DO AGREE NEWS IS NICE BUT TRACKING A CHART WORKS FOR THE GOOD.TO BE ABLE TO UNDERSTAND WHY PRICE DOES WHAT IT DOES IS NICE.THERE ARE FOUR PHASES TO A STOCK CYCLE,THIS INCLUDES ALL STOCKS.FIRST WE HAVE THE ACCUMULATION PERIOD.THEN THE BREAKOUT,THE TOP AND THEN THE DROP.ALL STOCKS GO THROUGH THIS PROCESS.
NO ONE IS SELLING PKTX RIGHT NOW.THE RISES IT HAD WERE MADE BY SMART MONEY TO ACQUIRE MORE SHARES.THEY WOULD CAUSE THE BREAKOUTS,THEN BACK OFF WHILE THE PUBLIC WAS BUYING,THEN THE DROP IN PRICE AND THESE BUYERS WERE SELLING AND SMART MONEY WAS BUYING THOSE SHARES.I CAN TRACK ALL THIS USING CANDLES.THE GREATEST TRADERS IN THIS WORLD USING CANDLES ARE STEVE NISON,STEVE BIGALOW, KERNICH AND MANY MANY OTHERS.
PRICE ON ALL THE STOCKS SEEM TO DO SOMETHING,THE HIGH THE LOW SUPPORT AND RESISTANCE.CANDLES ALSO SHOW MARKET SENTIMENT,MARKET SENTIMENT MAKES A TRADER GOOD OR NOT SO GOOD.BEING ABLE TO IDENTIFY IT IS TO YOUR ADVANTAGE. SO IF YOUR GOING TO LEARN CHARTING THEN I RECOMMEND CANDLES AND I HAVE DOWN THEM ALL. DO I HAVE SHARES,I SURE DO LIKE A COUPLE MILLION. THANKS
http://stockcharts.com/h-sc/ui?s=PKTX&p=W&yr=3&mn=0&dy=0&id=p63057952476&a=561462995&listNum=10
I WILL POST A COUPLE CHARTS WHY THIS STOCK IS GOOD,AND WHY PRICE IS WHERE IS IT AT TONIGHT OR TOMORROW
all the charts show are price volume support and resistance.usually a couple days before you will see increasing volume.what is wrong with that.that way i can tract even what you do,the MMs etc.so when price falls i can see the reverse,i can see the top if its going to reverse and come down.or i can see if the price is going to stay in a trading range.on tops i can see a shooting star, a evening doji star,a dark cloud cover long legged doji a bearish harimi etc. on a bottom i can see the tweezers,morning star inverted hammer,bullish engulfing candle, hammer and many other setups like cup and handle trend lines different types of channels,so you can trade your way and i can trade my way
all i am doing is showing people that there are other ways to trade,remember 95% of traders go broke
negativity about how someone trades is not exceptable,i have given you support in how you trade,you should respect how another person trades
if brando is looking at charts more power to him,there are bar charts, point and figure charts and candles.i bet if you graphed a candle chart with how many people are using then you will find more and more people are using them.
guess what a chart can tell when a break is about to happen by the candle formation of last few days
GOOD TALK GUYS,NOW BLAKERS THE PRICE BROKE ABOVE THE TOP TREND LINE OF THE GRAPH.THIS IS VERY BULLISH.SO AS LONG AS IT STAYS ABOVE IT PRICE WILL GO UP.THE OTHER POSSIBILITY IS THAT IT COULD PULL BACK TO THE TREND LINE AND SOMETIMES FALL BELOW BUY ONLY FOR A VERY SHORT TIME.
THE NEWS CAN BE GOOD BUT THE GRAPH IS TELLING ME WHEN ITS COMING.I ALSO WATCH THE VOLUME AS IT SAYS A LOT.I WILL LET YOU KNOW WHEN THE BREAK IS COMING,VERY SOON
REMEMBER YOU CAN CHART ANYTHING,THESE GRAPHS JUST TRACT THE PRICE,SO EVEN WHEN THE MARKET MAKERS ARE TRADING IT THE END RESULT IS A CANDLE. I HAVE BEEN USING CANDLE CHARTING FOR 15 YEARS.IT REALLY WORKS VERY WELL
THE CHARTS SHOW US MARKET SENTIMENT,THAT'S ALL.IF MARKET SENTIMENT IS GOOD PRICE WILL GO UP,IF NOT GOOD THE MMs have there fun with it.Very quickly the MMs will have nothing to trade because there will no no shares left to trade,it will be in the hands of the public moving the price up.that's what we want.
THIS IS WHAT THE CHART SAYS,
http://stockcharts.com/h-sc/ui?s=PKTX&p=D&yr=0&mn=6&dy=0&id=p55534209810&a=559294259&listNum=10
RIGHT NOW BULLISH ENGULFING CANDLE,YOU CAN SEE THE APEX WHERE IT NEEDS TO BREAK..07 COME ON
IF EVERYONE PUT UP 700.00 THAT WOULD CREATE A FALSE BREAKOUT BECAUSE THE STOCK IS NOT QUITE READY TO MOVE UP.PEOPLE THAT CONTROL A STOCK OR INSIDERS WOULD BENEFIT,THEN THE STOCK COMES BACK DOWN AND THE SMART MONEY IS BUYING THOSE SHARES FROM THE SUCKERS.I SEE THIS EVERY DAY.
SO THIS IS E UNSEEN LAWS IN TRADING,95% OF THE TRADERS GO BROKE BECAUSE THEY DO NOT KNOW HOW TO TRADE,THE 5% that make money know those charts.THAT'S IT PLAIN AND SIMPLE.MOST PEOPLE THAT BUY STOCKS KNOW NOTHING ABOUT STOCKS,THEY BUY ON HEAR SAY.YOU HAVE TO LEARN TO DAY TRADE OR THE SWING TRADING.
I KEEP IN TOUCH WITH PKTX,THERE A GOOD COMPANY AND THE CHART SAYS SO.I AM A FULL TIME TRADER FOR 15 YEARS.
BRANDO,ITS TIME TO LEARN CHARTING,STOCKCHARTS.COM HAS MANY TOOLS FOR LEARNING CHARTING.ITS BETTER TO KNOW WHATS GOING ON WITH CHARTING AND FOR SOME PEOPLE SOME FUNDAMENTALS.
BLAKERS WHEN THE MOVING AVERAGES OR BOLLINGER BANS ARE PLAYING LEAP FROG,THAT'S WHEN YOU WANT TO WATCH IT,THESE CANDLES ARE REFLECTING MARKET SENTIMENT.WE ARE CLOSER TO THE APEX NOW BUT IN SOME TRADES IF PRICE GETS TO CLOSE TO THE APEX IT CAN FALL.
IF YOU ARE BUYING AND SELLING LIKE THE MMs DO TO YOUR ADVANTAGE YOU ARE JUST LIKE THEM BECAUSE THEY MANIPULATE THE PRICE.ALL THAT COUNTS IS THAT YOUR MAKING SUCCESSFUL TRADES.
BLAKERS I CAN SEE YOU ARE MANIPULATING PKTX JUST LIKE THOSE MARKET MAKERS.MORE POWER TO YOU FOR DAY TRADING.YES THE STOCK CAN MOVE TECHNICALLY.THAT'S WHEN NOBODY SEES ANY NEWS.LOT OF STOCKS DO THAT TYPE OF MOVE.IT PART OF MANIPULATION OF THE PRICE.THE CANDLES ARE RIGHT NO MATTER WHAT.THEY GIVE THE HIGH,THE LOW SUPPORT AND RESISTANCE.
BRANDO LOOK AT A WEEKLY CHART,NOW YOU KNOW WHY .07 IS VERY STRONG SUPPORT
OTHER THINGS THAT LOOK FAVORABLE FOR PKTX IS THE BOLLINGER BANDS AND THE MOVING AVERAGES 8/20 ARE RIGHT ON TOP OF EACH OTHER,THEY HAVE TO BREAK EITHER UP OR DOWN.I AM LOOKING FOR UP.NOTICE THE STOCHASTIC IS TRENDING UP.
STILL LOOKING AT PKTX AT TOP OF TREND LINE WANTING TO TEST A BREAK,ITS COMING.ITS TESTED THE TREND LINE 7 TIMES.SOME THINGS TAKE TIME,BUT THE CHART IS RIGHT TODAY,THE MMs are playing with it.
blakers it ells me there are no shares available to trade and that's a good sign.msrt and aau you have to know when to buy,they will both be on the up swing now
candles are the best source of market sentiment as displayed in pktx.if you look at some of the old masters of trading you can see that this is a classic chart that will go up.it has gone through all the cycles of a chart.
blakers the candles are right.We are closer to the apex,look at a chart and draw your trend lines.you can see where the break is,we are very close.
i know they are working on 2 publications.when these are done price will move up or down,i think up.just like last time when the publication came out price went up.i also know that price could move up technically before the publications.the publications would be fundamentals.but the move coming will not be a false breakout like last time.a lot of stocks have false breakouts,that's how more shares are picked up for those people in the now.You see price is manipulated in all stocks
SORRY RESISTANCE AND SUPPORT ARE BY CANDLES OR MY MOVING AVERAGES.ONE OR THE OTHER WILL TELL ME HOW TO PLAY THE CHART.
IF PKTX MOVES UP AS WE EXCEPT IT TOO,I WOULD SAY THERE ARE PHARMA'S THAT WOULD BE VERY INTERESTED IN THIS TYPE OF COMPANY.I AM HOLDING FOR LONG TERM GAIN AND WILL PLAY RESISTANCE AND SUPPORT FOR BETTER RETURNS.
THAT'S TRUE OF ANY STOCK,WHEN IT MOVES YOU WANT TO HAVE SOME.I AM NOT AGAINST DAY TRADING,BUT I DO KNOW THAT IT TAKES A LOT OF PRACTICE TO DO IT.ITS NOT LIKE SWING TRADING WHICH IS MUST SAFER.SO IF YOU HAVE LEARNED TO DAY TRADE MORE POWER TO YOU.I THINK MOST DAY TRADERS GO BROKE BECAUSE OF EMOTIONS AND A MARKET AGAINST YOU.SO LOTS OF LUCK TO YOU.BUY THE WAY PKTX IS AT ITS APEX FOR MOVING UP.IT BROKE THROUGH ITS TREND LINE ON FRIDAY SO MONDAY COULD BE A VERY GOOD DAY OR A MOVE OVER .07
MR.BLAKERS ARE YOU TRADING LIKE A MARKET MAKER,JUST IN THE TENTHS.WHEN THIS STOCK MOVES UP IT WILL BE FROM STOCK HOLDERS NOT MARKET MAKERS.BUT GUESS WHAT,THE CANDLES WILL TELL BEFORE THE MOVE.MAKE SURE YOU HOLD SOME FOR THE MOVE. THANKS
THERE ARE TWO THINGS THAT CAN MOVE A STOCK UP OR DOWN IN VALUE,THERE IS FUNDAMENTALS OF A STOCK CHART OR THERE IS TECHS OF A STOCK CHART.I REALLY PREFER THE TECH SIDE OF THE CHART BECAUSE I USE CANDLE CHARTING,USING CANDLE CHARTING GIVES ME A ADVANTAGE OF BEING ABLE TO SE WHAT IS HAPPENING WITH ANY CO.ALONG WITH A COUPLE MOVING AVERAGES MAKES CHARTING VERY EASY.THE LESS ON MY CHART THE EAISER IT IS FOR ME TO SEE WHAT IS HAPPENING TO PRICE.THERE ARE ONLY FORTH THINGS THAT HAPPEN ON A CHART,PRICE VOLUME SUPPORT AND RESISTANCE.I AM NOT A BIG IN FAVOR OF HIGH VOLUME WHEN PRICE TAKES OFF.I DON'T WANT TO HOLD WHEN PRICE IS GOING DOWN UNLESS THE WEEKLY SAYS HOLD.A LOT OF THE PENNIES LOOK REALLY GOOD FOR ONE DAY THEN COME DOWN TO SUPPORT AND SOMETIMES CREATE A FALSE SUPPORT LEVEL AND DROP SOME MORE.LEARNING TO CHART IS A COOL WAY TO HAVE INCOME.THANKS
IF YOUR INTO CHARTING PKTX,ITS A PERFECT TED WARREN CHART.TED WARREN WAS A OLD MASTER OF TRADING THAT TAUGHT MARKET SENTIMENT THROUGH CHARTING.IN CANDLE FORMATIONS WE HAVE A ASCENDING CHANNEL,IT KEEPS BOUNCING OF THE BREAK POINT.I HAVE A LOT OF SHARES.THE NEWS WE WANT IS THE TWO PAPERS THEY ARE WORKING ON RIGHT NOW.THEY SHOULD BE OUT BY THE FIRST OF THE YEAR OR SO.THE COMPANY IS WORKING ON MANY MEDICAL ISSUES.THESE KIND OF COMPANY'S JUST TAKE TIME TO BREAK SO HOLD ON WE ARE ALMOST THERE.