Primary focus micro/small cap stocks .01 - 10.00 (pinks, BB, Nasdaq)
Posting of charts is requested, other DD, fundamentals can be posted but not required. Key focus is technical analysis charting, but news plays, S-8s, bottom reversals are welcome. This is a technical analysis trading board, scalps & swings, holding period 1 minute to 1 week. I will post charts of interest from my scans and probably not much during the day.
My posts are not "picks" but rather the results of scans that I find interesting and add to my watch list, they may or may not move. Just watch support, resistance and volume. If you have any questions on a chart I post, feel free to ask and I'd be glad to tell you what I'm looking for.
No Pumping here, if your pick is posted on more than 2 other boards it will be considered a pump and deleted.
NO BASHING, PERSONAL ATTACKS, SPAM will be tolerated and posts deleted.
Please, no political issues etc... plenty of other boards for that.
Hi, Mike (mcmike) here
. I've been invited to assist here and simply want to introduce myself as an investor/trader with a strong interest in lowpriced listed issues with good potential for swing trades in the 7%+ area. I don't mind scalps, but my scans don't focus on them.
I run a number of end-of-day scans using TC2005. I do a lot of due diligence at times and have a set of TA templates that you will see in my posts. I use candlesticks and I will use acronyms and add them in the iBox after explaining them, e.g.
3WS= 3White Soldiers
hingescan= a turn up in the short term oscillator without reaching oversold. indicates extra sponsorship.
PGDCEB= post-gap dead cat exhaustion bottom, a term coined by Doug Rummel
Some of the configurations may be slightly different from Greg Morris' descriptions. Feel free to pm me with any ideas, questions, or comments.
Here's a candleglance on a 6 month view of some relevant indicies:
Share Volume Report
More to follow....