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ABPR is a potential hundred bagger imo.
Here's the last time I made that claim:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92008474
Going for 2 out of 2 now. We shall see!
All just my non professional opinion. I'll be bringing more DD that could turn some heads soon. Just need to verify a few more things.
'Nuff said.
Fibonacci is very interesting, I know about how the ratio appears in many places in nature. Don't get me wrong, your charting is great and I'm glad it has made you lots of money! My problem was just with the fib fans. They always were in different places and I could not understand why, and the reasoning behind the points you chose to use to create the fan.
On a side note, I grabbed 10,000 more shares of YIPI today, and I hope we slide toward those upper extensions!
My YIPI long chart was establish 11.17.13, btw:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94151792
I tend to try and draw overlapped charts to define newer trading data for shorter term action here and there. This is also why I have gotten away from drawing the fans. The fan charts are normally only valid for a day or two; and only provide background support/resistance on long chart extension lines for current action. Sometimes I feel they dilute the purpose of the long chart extensions; so I'm trying to get away from posting them as their utility is ever changing from frame to frame on the Fibonacci landscape. Just feel they're helpful sometimes to post when pinches occur in a frame of time off a valid extension draw.
Fantastic post!
These pivot points were drawn well before there was a top to run a fib retrace on IMO. The .47ish line in particular.
Fibonacci is solely based on an arithmetic sequence where the ratio between the numbers is what is behind this thing, and I don't really think that legitimately provides a support/resistance point. In my opinion it is a psychological thing and can be a useful tool. I have seen many stocks where a retrace can nail a bounce point. I still can't figure out if you are implying that these fib fan/extension/retracements are actually support/resistance points. I've followed your charts for a long time and a lot of the time it seems the points you chose for a fib fan were almost arbitrary, and selected just to make the fib fit the chart.
I don't find the fib fans and extensions very useful. I think the fib retrace holds the most weight here. But then again, maybe I just don't use it correctly. It just seems fib extensions/fib fans are only used by you in hindsight to describe price action where you finally find a set up that works. I don't recall seeing you create a fib fan/extension that you used for weeks. It seems you always change it to match the price action. Maybe that is your goal, as I said before maybe I just don't understand it correctly.
On a side note, very cool extension you did with MYEC. More so if you were able to see that on your first try and not having to keep trying different points to make the lines line up.
Keep making these charts. Very cool stuff when it all comes together.
YIPI Fib chart update for today's trading:
So we got the break through on the 38.2% extension line (the horizontal fib line in yellow). A hugely, hugely important line, especially with the 38.2% fan line coming in for the pinch. That said, I raised an eyebrow with how it broke the line. This candle looks spectacular, but normally, with a break of this kind, it has a top wick. We only had that one trade at the end of the tape that created the stick the way it is. Granted, it was a nice large trade, but there were end of day offers below the buy. It tells me there are still potential sales waiting in this resistance area. Being so low volume, the chart can become shaky on it's fundamental properties at first glance. Level II action has to thus be accounted for. That said, I see the clear break through and conversion to support as happening sooner than later. Perhaps tomorrow. But, in order to actually convert, the buy volume has to happen on the offers at the resistance level. Just not sure it's cleared yet. If we wick up to the 50% extension line tomorrow, then I'd say it's definitely clear, and converted to support; of course, it would need to close above .48/.49 as well. If that's the case, then we are primed and ready. As the 38.2% fan line closes in on the 38.2 extension line, I expect a new wave of support under our current PPS. The fan line has clearly been converted to support, and any underwick "should" only drop down to it, not below imo. I don't see it possible to get any bid sales under .45, perhaps .46 by tomorrow.
All my opinion based on the chart I see.
GLTA!
GO YIPI!!!
YIPI Chart Update!
OK. Determined to make this new chart less confusing by cutting the fat. I was happy to see us close above this 38.2% fan line. Look what happened the last time we closed above this fan from below, in January. Adding to that, is the pinch this important fan line is putting on the 38.2% fib extension line. GOLDEN!!! We closed right in that pinch area. This is something I was looking for. Situations like these tend to create pressure on these Fibonacci resistance lines; converting them to support. So, we'll see what happens. A close above that important .48 level gives clear path to .57/.58. We all know there are catalysts that seem to be on the way at some point. IMO, this entire chart will look like a little blip relative to everything on the right that could soon start printing. This has been my stock of the decade for a while now. Just a waiting game imo. Charting it is simply just a fun hobby at this point.
GLTA
http://i.imgur.com/Zrkthh1.png
In-depth YIPI chart update:
There is so much complexity here, it's difficult to summarize. I wish I could detail everything I'm seeing. Tried to find the easiest common denominators to show in the chart, though it's just filled with lines. If not used to my fib charts, this might look entirely confusing. I'm sorry, I don't it mean it to be =/
I've been studying YIPI for a while now. It's one of the more fascinating charts I've followed -- if not the most. I don't post much anymore because the chart is still standing it's ground in the way I've posted about it before; at least regarding extension lines. The long term 23.6% line, I did not think would be broken as support, but it has been broken. I was wrong in my guess. However, what was revealed, astounded me. The low fan started creeping in on the long-term OCTO (yes, 8 notable bounces) sup/res line around .30. Yes, 8 bounces from below or above. If you take a look at the 50% and 38.2% FAN lines, you'll see how powerful this fan structure is to the chart's function & fruition.
Bascially, we have two incredibly powerful fan lines intersecting two incredibly powerful fib "extension" lines. Over the past two days, we tested the short term 23.6% extension line, with fan intersecting, and could not get past -- which is really expected w/o a catalyst. This intersection puts A LOT of resistance up. But again, the positive aspect of this culmination is the synchronicity of the breakthrough regarding the low fan (61.8%) finally crossing through the biggest resistance of this stock's 52 week life -- the .30 (shown via the 0.0% extension line). The support at .3 is now an unmovable force, imo. That is probably why "someone" wanted to dip the chart below this node right before it happened.
There is so much I want to say about this chart. I've been collecting data visually, and mathematically for a long time now. There is so much intricacy that begs other questions involving trade patterns that are now answerable. I, myself, am learning so much from this cusp of low/high volume relative to float where amazing news is expected. It's an impossible rarity to be part of.
I've never seen a more beautiful chart than what I am seeing right now. That said, I do expect the double bounce of the octo bounce line (I say "double bounce" in regard to short term action). The 61.8% fan line is about to cross, so it is, imo, the last chance for whatever is running the action to pick up the low end .3 bid shares. I think we do that double bounce, and then find ourself in a mini blue sky when the 38.2% fan line clears the long term 23.6% extension line. It is impenetrable, without catalyst, for the next two or three trading days, imo.
TL;DR:
Last call for .31 bid bounce area, then the .39-.41 area alleviates. Door opens with a HUGE new support climb via this low fan crossing the ~.3 standard.
edit: the octo bounce is actually 12 bounces. Count them up yourself.
#1 TSNP
TSNP hit #1 on the breakout board two days ago!!!
-TSNP acquired LED company.
-Municipalities can use old bulb stock, but must switch to LEDs for a green future.
-The LED industry is on of the most profitable!
-Real company with years of experience, and real revenues.
-LEDs are used in the growing of marijuana!
-The news is JUST starting to get out.
-Last chance to get in on the trips!
TSNP is heading north quickly!!! 002 within a week!
YIPI fib bottom established:
In my opinion, it's not going below .35 for bid filling beyond anomalies. .36/.35 seem to be the lowest fills per the fib chart now. Heavy support here.
As you can see, the bid keeps getting refilled when whacked. I'm not the only one who sees this bottom.
Remember, this is all just my opinion based on what my chart tells me. I'm more certain in YIPI's future than I've been in any chart, portraying a trend.
• ex-IBM exec actively comes on board, when others have said IBM is just backpacking YIPI.
• Fortune 100 company under contract, when/if put into production, explodes revenues.
• New Fortune 100 company apparently also in the works.
• Audited fins in process.
I see no better risk/reward holding in the world right now, imo.
GLTA
AEGY Launches Pharmajanes.com Strong buy.. Claytraders video http://goo.gl/VH5Q2A
Hey Bodach. I see acyd is WLAN now. New board too. Nice
ACYD: Been a while since I posted a fib update, but not a whole lot has changed. The current fan is lending a hand in a potential pinch/punch up through the important 78.6% fib level (.0387). I'll be watching to see if we can close over the 38.2% fan line before it crosses/closes over this .0387 point. And just like last time, that .05 is very very important to get over. I certainly believe we'll find our way to a solid test sooner than later. GLTA
(ticker change tomorrow)
$HESG move with marijuana stocks?
Another promo going on soon or what? Had ... a lot..
http://pennystocks24.com/dchart.php?s=BLDW
$BLDW Building Turbines Inc (BTI) is engaged in the designing and manufacturing rooftop mounted wind turbines. The patented BTI’s design is ideal for commercial applications and creates reliable, cost-effective, clean and on-site renewable electricity. The Company offers a different, patented wind turbine product that can bring the dream of clean, affordable wind energy to a reality. The turbine is mounted on a steel frame, it has a low profile, low maintenance needs, and creates almost no noise or vibration. The Company’s design possesses these exemplary and robust structural, mechanical and electrical characteristics that are particularly important when mounting a renewable energy system onto a building's roof. The turbine can help office buildings, schools, warehouses, distribution centers, airports, hotels, and a variety of other buildings offset electricity purchased from the grid by creating it on-site from the wind. http://buildingturbines.com/
- ATYG - News This Week. Big Project Turnaround 2014. Read Sticky On ATYG Board.
YIPI Chart Update! Finally!
What we all knew was going to happen looks like it's occurring. We finally blew past the difficult 23.6% line at .36, and now, in anticipation of these financials, we spiked today. This spike took us to the 38.2% fan line which is a very important support/resistance area. As you can see from late September, the bounce off this line resulted in the start of the big run. If we can break past it, the pinch occurring against the 61.8% extension line should, imo, give us very solid momentum to break it.
We're now in the area of "anticipation of F100 company news". If/when Yippy is brought to production from this period, then I cannot fathom how a 200 mill market cap is not reasonable. Do the math to figure the PPS. As stated, a buyout under $5 per share is not on the table. Only over.
If we can break past that 38.2% fan line tomorrow, the real run may start.
Very very very bullish chart.
Hey Bodach! Just wanted to stop by & say Hi! I've been on an ihub break too :). Hope you're doing good & making some $$!
Nice. Any chart update for AAPH? We bounced off the resistance at .02.
I'm looking for a close above .02 by Thursday.
Main thing I like right now is the increase and the consistent volume it's had. I don't think it's ever had volume like this.
AFYG Fibonacci Chart + Bollie/MACD. Eyebrow raising:
So basically, AFYG fell down to where the previous resistance was before the Nov 1st run. This acts as fairly strong support now. There hasn't been a whole lot of volume in the past, so it's difficult to really get a firm grasp on the chart variable; even more so because this is so low float. That said, there is something of substance moreso when you look at the MACD. First, the fib:
Bollies and MACD...very strange action:
From a bollie standpoint, this looks like a clear buy. MACD did something very strange yesterday, and especially today. It was on it's way to a cross over (red crossing blue from below) and then stopped when eyes came on the stock. Perhaps there is some manipulation going on here for reasons outside of the stock's fundamentals and TA.
Perhaps not, and this is just an anomaly.
GLTA
** $MRIB Chart Analysis 12/13/13 **
Beautiful higher lows and higher highs forming on the $MRIB chart.
Big $ Volume coming in past few days and more to come with this run. Looks like the next leg up is forming here off our .012s base! Bounced off the MA 20 which is very bullish. MACD and RSI just cooled off and are reset to push this run to the next level and new 52wk highs! Current 52wk high is .0248 put in on Dec. 10th. I believe (as many other here do) that $MRIB has just started a serious move to dimeland-quarterland this month. Two separate and accurate valuations of $MRIB put it between .10 and .30 based off the new $40 Million dollar deal.
I'm long AAPH. Too much about to happen. Wouldn't sell under .10
NTEK: Blatant fib chart update.
This appears, to me, to be a clear take down that met incredibly large bid support that didn't take any chart line into account; just took a stand. The catalyst to the take down, in my opinion, was the Nuvola not being ready for Black Friday.
If your thing is shorting this market; what better catalyst? A popular stock where there is an instance of legitimized doubt. If I were such a person, I would find opportunity with that.
The chart spells it out.
And these shares need to be covered.
At this point in a chart's life, the candles should be panic bouncing off the 50% fan line in the long chart, imo. The day we opened below it, and dropped is when something seemed "amiss". Look at each leg up to new real support (not just the little spikes). Each one bounces the higher low off the next tier in the fan after a quick dip to a midrange (which is captured by more specific fans to display the then current action). Basically, the orange diagonal line should be our new blue diagonal line. The blue line should be obsolete -- and we even dipped under, after 4 days ago, testing the 38.2% fan!!
IMO...
What is happening is an exploited opportunity since this is a popular stock full of greenhorns. I cannot give investment advice, and am simply another unlicensed novice....
But, look closely here.
AAPH: Though there were a few profit takers, the bidder(s) did not want to give away the level of their demand. We consistently had ask slaps while the bid was low on price and size.
To me, this means there are accumulators that know what they are doing; and not a mass influx yet. This also tells me there were many starter positions taken today. I've yet to determine if these accumulators are big money, or simply knowledgeable traders that know the potential tight window of picking up shares here.
I'm waiting for ARCA to flash in.
Then I will know what's going on...
Watch level 2 tomorrow. We have been pushing the ask against the first barrier of Fibonacci/standard resistance. Again, the beauty of today's action was the ask slapping where there was seemingly slow bid support. Smart money knows there is resistance here, thus sellers waiting to give them shares. Any bid dropping is a catalyst to more selling, thus more accumulated shares when the ask chases in panic. Amazingly, the ask did not chase the bid down today off the Friday action. It seems the shares at this level are very strongly held.
I think these buyers will be forced out of the woodwork tomorrow.
Else chase.
If no news catalyst tomorrow, expect the bid to try and pull the ask down again. If you are weak, then you can give them your shares. More power to you.
Rest of us will be making money.
Marked:) ZLUE...100M A/S! could be one of those life changing stocks, imho! Read the emails/posts and judge for yourself! To my understanding, insiders hold quite a chunk!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94002202
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94176449
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94280438
BTW...they filed in April:
http://www.otcmarkets.com/stock/ZLUE/filings
What's the catalyst?
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