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Lookin good AAPH I grabbed some 015's to lend support
AAPH volume is insane right now! I think the run has started!
Excellent post bodach thanks bro!
Hopefully sooner than later.
AAPH is the stock I would pick to be the "most near" to 20+ bagging from current levels than anything else by far.
AAPH You know it's coming. And based on recent volume increases, I'd say insiders know it's coming as well. BOOM
ACYD Bittersweet, but at least we are on the lowest tested fan line now. Arc failed. This fan version is the lowest it's gotten, so although we broke from our last fan and back to this one, there are two positives:
1) Lowest tested fan line
2) Fell right into a pinch against the 78.6% extension level
I don't see ACYD staying down here long. But again, charts aren't an end all. They just portray patterns that we can use as a tool to try and make the right judgements.
GLTA
AAPH Let's take a look at some extension levels...
It gets spotty to chart stocks that have relatively little dollar volume. Granted, I believe that will all change here soon. The most solid Fibonacci extension chart I can come up with is this one. It hasn't predicted all tops and bottoms perfectly, but it's come close. The current goal, chart-wise, is to break out over the .0193 level. This should then provide a solid support at that area for the real test, which is to break out over the .0346 line. When we close above that line, we are then ready to get this PPS where it should be (imo, of course). After that .0346 is converted, we can start seeing some dramatic increases in PPS.
When that day happens, get ready for a potential test of the .115 line. Yes, I do believe this is possible in a relatively short period of time, depending on what catalysts come out.
Remember, our market cap is incredibly small. Market cap is the first thing I look at when judging the capability of a stock to run hard. AAPH fills that check box up well.
This is extremely undervalued, imo.
MRIB: Let's see how the 11/22 chart played out:
Check the post I'm responding to if interested in the old chart. This is what it looks like today, using the original lines from the 22nd.
The fib levels have further proven themselves. The main goal, I see, is for MRIB to close above the 100% level (~.12). If it does that, then I get to redraw this, and look to the future.
GLTA!
ACYD: We'll see if the arc pushes the PPS tomorrow or not. The PPS has been bouncing off it every other day; and tomorrow is the next in line for this pattern. Today, as you can see, we tested the 61.8% fan line as a support again, and then tested the difficult .05, 100% fib level, as resistance.
If the PPS cannot follow the arc tomorrow, then we may have to wait for the 61.8% fan line to pinch the 100% fib level at .05.
We'll see what happens. GLTA
YIPI Old fib levels vs. new:
Finding new bottom support here because if it broke, it would have to fall back to the old extension levels, or go back to .26
I suppose if we see enough time pass without any material news in connection to the buzz here, we could see that .26 -- but I don't think enough time has passed. Just my opinion.
Use the chart how you want.
ACYD The rare Fibonacci Arc is happening!
I haven't posted this facet of Fibonacci on ihub ever. It's very rare to see it incorporated into a chart. I've seen it a few times this year, but before I started posting my fib charts. All I can say is that when the arc follows the bottom of three consecutive candlesticks, a huge spike tends to happen. Including Friday, we've hit the arc pattern on bottom every other day for 3 days in a row (6 trading days).
Now the arc goes exponential. Such is the way of circles.
We'll see if the pattern sticks.
Very interesting stuff right now.
Must see NTEK chart
Yet again, the pattern continues off the third take down candle stick. For everyone that laughed at my past few charts, here is what it looks like using the same criteria I've been drawing off:
The 38.2% fan held true then converted to support, and we are now ready to test the final boss:
~.18
I will not post the extension levels after this .18 area; please don't PM me about them. I do not have a sell in for the next extension after anyway. I feel this could be a likely double conversion.
Bring on the catalysts!
GLTA!
ACYD fib pinch results of today:
Success!
Look at that!
The 61.8% fan line proved to be very heavy support today, as it forced the candle over the difficult 78.6% fib level of .0387. In my own mind, this was a huge huge huge day. It shows, to me, that we have to follow this 61.8% fan line as a base until we plateau at the next extension support level.
Today indicates to me that we are about to test the 100% fib level at .049 exactly. The 50% fan line has already crossed over, so we don't have that helpful pinch to push us through. Chart says it will be difficult to convert.
But the right catalyst changes everything.
GLTA
YIPI Tough day; tough week. BMAK is the culprit, imo. They know what's coming, and know they can pick up weak shares at the bottom. This was the entire point of the week. That is why we're seeing the ARCA exchange being used lately. And if you notice, BMAK always ends up on those low bids, and sells later to the ask.
This is a take down because it can be done. People are selling. There would be no point of a take down if people didn't sell, but MMs like BMAK are smart. They know overlap in shareholders via different stocks. There is a stock that is on the cusp of an amazing week; and it's known some of those following it are in YIPI as well. This was taken advantage of, especially today.
It's just how it all works in such an unregulated market.
Why do I think this? Well, BMAK is the new WDCO for this market. After LOTE had it's short squeeze, it bankrupted WDCO. WDCO was one of the shadiest MMs in this market; they also always held support for APS plays. They play that game.
The main player inside WDCO moved to BMAK after the collapse, and now the same thing happens. The same way WDCO used ARCA, BMAK seems to now be using it. This is all just speculation and opinion, btw. I don't know for a fact. I just see apparent correlations.
It's sad that YIPI is so low volume, and has been for so long. This should all change when the Fortune 100 company crosses their t's and dots their i's for their PR. I was told today on this board that my charts don't "work". Well, there's nothing to work. Charts don't do anything. But if they didn't show a bit behind the curtains, then how was I able to correctly explain today's trading action yesterday?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94324418
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That said, here is today's YIPI fib chart for end of week:
Does this mean the lowest tested fan line will not break? No. And I don't have the time to post 8 different chart versions for 8 different scenarios every day. Here is an example of the fans if the 61.8% fan does break:
I post these charts to help others navigate the daily action. I get excited when I see potentials for bullish turn around bounces. And I post about them. It doesn't mean it's a guarantee to happen. Nothing is a guarantee in this market. Ever. Especially with MMs like BMAK.
That's just the way it is. The only way to truly beat this market is to buy and sell unemotionally, and know the company you're investing in if longer than a straight flip.
I already know YIPI, so none of this action phases me.
GLTA next week.
Awesome post man.
ACGX, a shareholder visited company yesterday took pictures and posted.. did you see how solid they are..
ACYD Fibonacci with adjusted fan.
If anything, that 61.8% fan line appears to be the bottom of this climb's cycle. I'm going to stop making predictions, but breaking this line seems as likely as the Browns beating the Seahawks. Possible, but who is laying that money down in an even bet?
Sorry, can't help the football references sometimes.
We know the catalysts are around the corner, and we're at the second to last version of the 61.8% line. It could break, yes, but that would take some fortitude from the bears....
GLTA
MRIB Fibonacci Chart -- res/sup in bluish sky.
MRIB displays the different between Fibonacci fans, and Fibonacci extension/retracement levels blatantly. I'd really like to do this not only because I love this stock, but it's such a great example of this difference in Fibonacci TA.
On the one hand, we have the base line of the extension levels drawn to the near top of the first gap up, which correlates to the close today. On the other hand, we have the base line of the fan levels drawn to the top of the huge gap up a bit further down. This is because fans generally end up as the top of a spike, before an extension level. Granted, you can't see the higher fan levels in this chart, as I'd rather the information correlate to current action.
Today, we closed in a pinch area. This is usually very good. The bears don't want it in the spot it's in, yet it is. The 38.2% fan line is about to cross over the current resistance line -- which is the 100% extension line at .0118.
Normally, I would give a prediction here, but I'm not going to do it this time. We all see the extension levels and the fans. Look at the patterns. Stare at that 61.8% fan line, and look at where the bounces are on it.
Do with this information what you will.
The fib chart looks pretty solid. If you wish to bid sit, then this should tell you where. But, if we solidly break that 100% extension line tomorrow...
We may find our first leg up into support after spike. Pay attention. Tomorrow is an important day.
Teaser on the extension levels:
Everything I own is dipping, except ACGX. Years ago, this would have alarmed me; I'd be selling positions and not averaging down. Granted, on a few holdings, it's still impossible to average down, but on others, it is at, or around an average down area. AAPH is one of them. The chart calls this current area a total bottom. An absolute, no-way-around bottom. The point where if it breaks the support downward, and lasts more than 2 days, it's over; type bottom.
But it's not over. There appear to be catalysts coming.
Many of my stocks are shared by other people these days. Via a group run by BIG Investments LLC. I started following his stock picks closely after NTEK surged passed .04 in June, and he predicted the timeline to a tee. I'd noticed that many people were there because of him. I picked up a boat load of .01 shares simply because of a screening/chart synergy. Those chances are rare. But, NTEK was nailing every level of "Yeah, .01 is undervalued".
I wanted to see how and why this guy found this company.
During this process, I found others that were part of his group, or contributors to his picks. This is how I found YIPI.
ACYD I found through AnG and the immortalized conference call.
That said, let me tell you about BIG.
He's a decent guy who doesn't put up with shit. Sometimes, this rubs people the wrong way; but it's the same reason he's so successful in his understanding of this market.
iHub hates him, and bans him from boards around every corner. There is a reason for this. He's one of the genuine. Anyone can find a stock that has potential, but this guy knows how to take it from that step to the next level. He can connect with the CEO. And he will share the information; an ambassador of sorts.
Why?
To leave a mark. To do what his passion is.
A lot of people have PM'd me regarding my stance on BIG, and the current situation of stocks. Well, that is my answer. Trade unemotionally. What the guy does is from a need within himself; not because of you. He's not there to babysit your emotions. That is your job.
Find other stocks. Break out a scanner, and chart something. Call up the CEO and become someone that CEO can talk to. You want instant results? Then fucking take the blame and own it when it doesn't happen immediately.
Do not send me another PM about BIG.
Own your shit.
And know it.
YIPI Fib, official bottom fan reached.
Didn't think we'd do the dip with the catalysts likely in the pipeline. But here it is. The 61.8% bounce off the Fibonacci dip from last time. We'll probably have to test it again, then confirm a bounce off the 38.2% extension line.
No fun, and I certainly over-judged YIPI's capability to not have to test this line again. Prime buy spot for more bid shares, imo, is the .48 line, up to the 50% fan, which should be around .56 tomorrow.
GLTA
Why I do not chart classical Fibonacci retracements during retracement periods:
Lately, I've been catching a lot of flack from other chartists regarding how I'm utilizing Fibonacci numbers in my charts. Classically, extensions are solely used for PPS predictions; and, granted I do exploit that feature. The most popular version of Fibonacci utility is called Fibonacci Retracement. Retracement is classically used to find "the bottom" from a line drawn off the top, to a bounce point.
While I do use this model for my personal charts here and there, I find them less useful than incorporating a bullish fan from the opposite end of the spectrum, waiting on a signal, and capitalizing on previous extension levels via these fans crossing said extension levels. I call this a fib pinch. Over the years, I've found these situations to have a profound effect on MACD turn around toward cross over before it begins to happen. I've found my charting technique to be the first indicator of bullishness, even with a seemingly terrible red candlestick day.
I'm not going to write a dissertation on why/how this works, but I do enjoy posting my charts for other to see. These are my go-to charts.
Do not explain to me how Fibonacci is not used in the way I use it.
I know.
NTEK Updated Fibonacci Chart:
Looks like we found a new support. The 61.8% extension line at ~.1278. We may have also converted the 50% fan line, as it appeared to close over it with certainty. If that's the case, we could see a nice spike up to the 78.6% extension line tomorrow -- .15, though I doubt we convert it in one shot.
ACYD Monday Fibonacci Chart:
The 61.8% fan line continues to be our resistance point, but today, we close right at it instead of purely bouncing off. This could mean we're ready to break it, and fight our way into the pinch point between that fan line and the 100% extension line. That has been what I'm hoping for; and so far we're primed.
78.6% extension line was confirmed as support, and the bounce has officially started, imo. Doesn't just "look like it" anymore.
Very, very solid day from a chart perspective.
YIPI alright here's our green candle stick, and here is where our new support/resistance is. We closed above the 61.8% extension line, granting it a primordial support for tomorrow. That should be confirmed during the action Tuesday. As you can see, we weren't able to break through the 78.6% extension/38.2% fan pinch point resistance. Way too strong. But, as that fan line continues it's path upward, it will clear the way to breaking that .80 mark.
It also appears the 50% fan line is the resistance we're truly following right now. It wouldn't surprise me to have a semi-sideways day inbetween the 61.8% extension line, and the 50% fan line tomorrow in order to confirm both points.
We'll see.
Overall, a great day. First candlestick to show a bullish turn around. Time for another ride up, imo.
GLTA
Yeah, that is strange. I stopped watching probably around Thursday last week though. Greener pastures!
Hey Bodach! I know you've been watching CDY with me. Interesting activity today.... Looks like they're going to be delisted. Someone's been holding the pps up all day.
Agreed. AAPH seems ready to burst.
Must see YIPI chart:
I'm in pounding my fists against the table and shouting from the rooftops mode. I do this sometimes.
This would be the first time I'm wrong. And I mean I'm 100-0
But I'm going to stop making predictions....
I didn't think YIPI was on the radar strong enough for this to happen. That's what I missed last week...
EWSI Extreme support right here, right now:
The 38.2% fibonacci fan line is crossing over the 50% fibonacci extension line. That's a lot to have to drop through. I don't think it happens. I think we just bounce back up to the 61.8%.
With the Q coming, we might see a pop to the 78.6% extension; or if something indicative in the Q, a pop to, or beyond the 100% extension.
We're at a pretty good buy point, imo, but I haven't seen the MMs drop this before a run yet. EWSI has more exposure now, so that wouldn't surprise me to see in the least. If that is the case, I'd watch the 50% fan line, the 38.2% fib level (~.0445), and the 61.8% fan line which will be around .04 Monday and Tuesday.
YIPI updated Fibonacci Chart -- bottom hit imo
Granted, it could still drop to the 38.2% extension line. If you follow the 61.8% fan line, you can see it did just that in late September. I really hope it does actually. Selfish, but I'd love those cheapie dip under fan shares.
The reason I don't think it will actually do that is the fact that when it bounced off the 61.8% fan line, it solidly closed over the 50% extension line. So there are two, very close support levels that are going to be crossing, and holding it above this level imo. Going to be very hard to dip, especially with the buzz about catalysts coming out this week.
We shall see. This is a stock where the chart matters much less compared to the actually company behind it. It's fun and interesting to try and navigate the price action, but in the end, I am investing in this company. The chart is meaningless.
Cheers to a great week everyone!
Agreed. Look forward to it. AAPH
AAPH is looking real good from here. Charts later.
I see TVTV breaking 200 ma in the very near future. Should see some interesting news and or filings before end of year.
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