WHIP, how you doing buddy? Checked out your link. Chart of the day. Noticed that one of the links on the page was "Marijuana Bull Market".
With your geographic location I was wondering if you opened your own head shop or are planning on doing so.
When I was in San Diego a few months ago I couldn't believe all the head shops that sprung up all over the place. Some of them were actually well designed.
My wife & I just wanted to see what new toys were on the market to indulge in smoking pot compared to twenty years ago when I didn't inhale the hit. LOL!
Hope your doing well!
I have been papertrading stocks for a few months now and just seeing if anyone could give their opinions (good or bad). Watching for entry on FHN to buy. This is what I see: 4 day pullback on a uptrend,above-avg vol, forming a very large doji (well at the time it was a doji, looks like it is going to form a NRB) today, hitting a minor support lvl and oversold CCI. Looks like a good entry at current levels for a quick hit and run. My entry was $9.64. Let me know what you think...
USU - Nice eod surge. A break above 1.95 tomorrow pushes it above its 1 year old downtrend line. I look for 2.40 from there to complete its 3 month old cup pattern build. 2.40 is also where its 200 day ema sits, it has already traded through all its other ema's.
I just discovered this board today and wanted to share some charts that are in play right now in the penny stock world.
RBTI - Bullish consolidation on the daily chart. Entry at .0025, stop at a daily close below .002. Target of previous near term high at 1.5 cents.
CMGO - Bullish consolidation, cashflow positive company at 2009 low. Entry anywhere below .007 stop out at a daily close below .004. Upside target is 2 cents on the daily.
EVPH - Bull flag consolidation above 50 DMA. Entry at .004 or 50 DMA, exit at a close below the 50 DMA. Target is a penny.
so far this year- I've bought INS, WGA, GSB, STD
We be only into the 3d week, lol
Hey Tim, Nothing, I'm under water on a few long holds, haven't had time to focus on trading in the past year. I finally looked at some charts yesterday and saw OMEX has been moving north so I'm happy with that one at least.
It'll probably be next Fall before I have any real time to spend trading.
But if you see some you like let me know!
OMEX - New 3 month high today. eom
Hey whip- what you playing these days?
OMEX - Nice sym. triangle breakout a couple of days ago. She closed above all her exp. moving averages yesterday and is now trading above $3 a share.
Sorry for the late reply, I'm not here very often. :) It's been trading in a down channel since 1/4/10, it's in the middle of that channel now and falling. She had potential support at .008 from the dbl bottom in Oct. but obviously it didn't hold and may now be resistance. Not good. Trading under all its moving averages, not good. Stochastics topped with the pop to .009 and are heading south, not good. OBV (on balance volume) is in the dirt big time. Not good. In my opinion if you don't own it don't buy it. Good luck. Whip
Great stock so far, loving the big volume lately. Ya get the feeling there's good news coming with earnings a week from now.
Anyway, wish I had more like this.
I'm still riding MNDO with you. Looking for that annual divy in April to keep the pps climbing.
MNDO, Another big volume day and price increase today.
MNDO, Huge volume spike for this stock today as she continues her climb.
JSDA, She took out my first target today for the triangle breakout @ 1.64. No resistance at all on her chart other than last Junes high of 2.32.
JSDA, New 6+ month high today @ 1.57 eom
looks like a possible 32 cents divy in April on MNDO?
In accordance with the dividend policy previously announced and following the Board of Directors resolution, the Company sought and lately received the court approval formally required in order to enable a dividend distribution of up to $6 million, out of its current assets. The dividend amount, record date and distribution date is still subject to the approval of the Board of Directors of the Company.
Shares Outstanding5: 18.49M
JSDA - TA, Broke above a 7 month downtrend line @ 1.20 Friday. Today it's breaking out of a 3 month Symmetrical Triangle pattern born on 10/1. She's trading above all her moving averages which are in sync. Very bullish chart. First target is 1.64 from just the sym. tri. breakout.
MNDO - Text book; She broke out of an ascending triangle yesterday which was also a month and a half cup and handle pattern. Today she's retraced 50% of yesterday price bar which was also its all time high of 2.50 and close to the 2.49 which was its ascending triangle top and breakout point yesterday. It doesn't get much better than this. Absolutely no resistance above yesterdays high.
Target from the triangle breakout 2.83.
Nice! Most of it in the last 30 minutes, nice breakout though.
MNDO- 2x average volume- zoom, zoom <g>.
MIND C.T.I. LTD
Price: 2.4699 +0.0499 +2.06%
Bid: 2.46 [+]
following you on MNDO- small position at 2.46 <g>
DRYS - Double the average daily volume in a couple hours, trading above all its moving averages, no resistance until the $7.00 area.
When it breaks $7 the real fun starts.
DRYS on a roll, up over 12% this morning. eom
DRYS - Hello, nice finish @ 5.63 up 9.4% today. eom
DRYS - Premarket last trade $5.31 - DryShips gets second drilling contract in two months
DOW - Re: DOW 30 now only 50 points away from it inverted H&S neckline for a breako...
It was a really nice breakout and run for both the DOW and S&P from their inverted head & shoulds patterns.
Today at its low the DOW is testing it's highs from April and October as well as an uptrend line across the lows since the end of August for support. Looking good so far.
DRYS - She did indeed breakout yesterday and ran to 5.25 before pulling back but still closed above support @ 5.00. Today she opened higher, pulled back to test support at 5.00 again and advanced. Beautiful chart movement.
I'm here to take money OUT of the market.
I only know one way to do it, and that's to Trade The Chart.
I encourage fellow Technicians to post their picks and justification for those picks long or short.
I have no problem with Traders posting funnymentals as long as they have had an effect on price movement.
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