Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
STNL amazing gap up today. If you bought in at 0.0025, right now you could get out with +12% at 0.0028. Let's see if it goes even higher...
DBRM is rough so far. Hopefully, one would've bought in at 0.30. That would put you 13.3% at 0.34 right now.
ESRG even higher today!! +32%
Sell restriction appears to be lifted from Scottrade. AINI# now appears as DYER in my account.
FAVE really appears to be on the verge of a breakout with the two past hammers posted. This is the only thing keeping me in it.
USSU had very similar price movement to FAVE. It seems if the open gaps up slightly from the doji, caution is in order as it is very possible to drop from there.
If I see this a few more times, I'll make it another trading guideline.
It's a maybe. Notice how the gap from early November is now filled. This appears to be testing a true bottom.
USSU
Really like this one:
STNL
Watching this one:
DBRM
PPMC NICE for a 21.2% gain. Buy yesterday after the call at 0.33 and sell today at 0.4.
ESRG nice for a run. Buy in on the call at 0.22 and sell today at 0.25 for 13.6%.
Down on FAVE at the moment. !#$#@ dilution seems to have killed the run.
FAVE is jumping around a bit. It would be nice to see this jump above today's open...
Notice how the stock jumped down to the base of the prior long real body... seems to be a good buy point.
AINI symbol change to DYER. Still restricted for sale on Scottrade and Ameritrade (if I recall correctly).
Prev. close = 0.008
Current bid = 0.01
AINI is now DYER.
The 0.033 open isn't ideal, but it isn't necessarily a bad indicator just yet... This still could turn.
So far, this one is looking good... the 0.007 open is higher than yesterday's close of 0.006.
Don't really care for this one, but I'll throw it out as a possibility. The doji sits on the close of the prior long real body. Therefore, I'm concerned this one may continue downward...
ESRG
Love the long-legged doji on this one. Concerned about the lack of a steady downtrend...
PPMC
Let's see what this one does tomorrow... I like it because the doji is in the center of the prior real body.
FAVE
66% on one and 14% on another! Following the aforementioned rules, you would have only invested in SLJB and SSTP.
Since SPRL opened lower than the prior long real body's close, you would be expected to avoid that stock. The others opened at the prior close (usually seems to be a good sign, but not enough yet for me to right that in as another rule... needs more confirmation).
This one is interesting...
SSTP
And this one:
SPRL
Watching this one...
SLJB
All three went down.
A site on harami crosses indicates the following:
"A higher close on the following day (preferably with strong volume) would be needed to ascertain that the trend may be in a reversal."
http://www.optionstradingbeginner.blogspot.com/2007/10/harami-cross-bullish-vs-bearish.html
Therefore, there is confirmation that each of these is not in a reversal.
Couldn't find any good candidates for today. We'll see what happens tonight.
I expect this one to continue downward since it broke through the prior gap from the 10th-11th and the doji is sitting on the prior long real body's close. Let's see what happens however...
TRSI
This is an interesting one... curious to see how this one fares.
The downtrend is definitely there on this one despite the high open on the prior long real body. It's difficult to say what this one will do as the dragonfly doji is near the close on the prior long body. If my funds were clear, I would hope to buy around 0.28-0.29 and sell at 0.308-0.319 for at least a 10-13.9% return. Let's see if this one hits that range over the next 4-7 days. If it reaches 0.026, a sell would be in order as I would expect it to continue downward.
ORMP
I am not investing in the below stock as my funds don't clear for another two days. Therefore, this is just for fun. I'll post analysis of the price movement over the next few days.
Just starting off, I don't particularly love this play because it is in a very short downtrend. On the other hand, the prior real body is a >5% drop in the PPS and followed by a dragonfly doji. Therefore, this may be worth a look.
I would hope to buy somewhere around 0.37-0.38 and sell at least at 0.407-0.418 for 10%-12.9%. Let's see if this stock hits these ranges over the next 4-7 days. Note the prior low on Nov. 15. It is also 0.36. Therefore, this seems to be a legitimate bottom, tested twice in the last two months. If it drops to 0.36, a sale would be in order as the stock is likely to go lower if it breaks through this tested support level.
NOTE: I WILL definitely be wrong in many of my analyses. I'm only trying to learn and document my learning process. The public element is just there in case others are ever interested or if I need to pull up all my data very quickly for someone else in person at a remote location.
IFSG
When I called, they wouldn't say. Said it was handled by a risk management department. I asked if e-mail spam would cause a restriction, and the guy said probably. I'm unsure if more e-mail spam has been sent.
Funds clear Thursday. Until then, I may post a few picks here and there for fun.
Here is a good example of what I desire to find:
I would have hoped to purchase on the 13th of December at 0.11-0.12 and sold at 0.132-0.14 on the 17th for a 10-27% gain.
MGLG
Here is an example of a harami cross misread:
The harami cross on the 12th of December indicated a possible reversal. Instead, it broke through the close of the prior real body (B from earlier post). Note the continued downtrend afterward (in the short-term at least).
NRDS
Quick Notes for Reflection
A) Harami crosses seem to be more likely to increase if they:
1. do not close on the prior long real body's close.
2. are closer to the prior long real body's open.
3. are preceded by at least 3 red candlesticks indicating a downtrend or have an incredibly large real body from the prior day.
B) Also, once the price breaks through the prior large real body's close, it seems likely to continue downward.
Quick Information about Harami Crosses
Nison, in his book (http://www.amazon.com/Japanese-Candlestick-Charting-Techniques-Second/dp/0735201811 ), declares the harami (or harami cross) must be preceded by an unusually long real body. Moreover, I prefer to watch for plays with dojis as a long-legged doji or dragonfly doji. These combinations make this formation particularly intriguing.
I have additional ideas about how to play these, but I'll elaborate later after I confirm these are accurate.
This is an example of a harami cross:
Here is Answers.com's info about the harami cross:
http://www.answers.com/topic/harami-cross?cat=biz-fin
Info on the long-legged/dragonfly dojis:
http://www.streetauthority.com/terms/doji.asp
I'll begin posting plays soon.
Still restricted.
Just wanted to mention that Scottrade had this stock restricted again and would not let me buy online yesterday. Not a humongous problem, but I thought I would mention it. This is likely slowing down buying. I'm unsure how long they've had it restricted (and what other services, e.g. E-Trade, might have restricted it).
Missed this one today. Might still have a little play left...
AGWS
ValueSetters Announces New Health and Wellness Product Line
33 minutes ago - BusinessWire
ValueSetters Inc. (OTC Pink Sheets: VSTR) CEO John Godzich announced that ValueSetters and 30fold are expanding their line of health related products.
Mr. Godzich stated, "Now that we have completed the integration of our technology infrastructure for administrative and team member support services, we are eager to move ahead with our planned expansion into the health and wellness area. In addition to the proprietary nutritional product that we will be launching during the first quarter of 2008, we have just finalized an agreement to become the exclusive distributor in North America for a fitness related product that has received FDA approval. This is an exciting step in our plans to become a meaningful presence in the bona fide health and wellness industry."
COO Steve Geary stated, "In addition, the company has engaged expert media and internet marketing resources to support the launch of our new health and wellness line of products."
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters, Phoenix Investor Relations, 602-547-1611 investorrelations@valuesetters.com
Volume exceeded 22 day average by 2000%+.
Yesterday and today we filled the gap from Nov. 20/21. We need to break through the resistance at 0.03 to prove this is on a move up. If we fail to break through today, that's two strikes for the bulls.
We did hit beyond the 50 MA today.