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lowtrade: You said that, "Any time the ADX cross either DMI lines from the bottom (good) " It seems like this will happen so isn't this a good thing? Or do all other indicators state that the Gtel will fall. Do you expect this to be a short term dip?
Tech do you also believe that we may experience a dip? What are your reasons?
Thanks tech!
tech: Does it matter where the aroons cross or do you want them to cross above the 30? Higher above 30 the bigger the spike?
tech: Are stochastics looking bullish because of the lengthy dip on slow stochastics is now moving back up? Why are aroons looking bullish?
Thank you
GTEL does not trade afterhours. I have noticed that MM's like to play games after the bell has rung sometimes... ex. they will put in massive orders after the bell to make it look like the price will go up the next day, and then they'll bring it down after a shortlived runup the next morning. JMO
Let's hope that the DMI crosses at the same time as the MACD within the next few weeks.
doc80ca: I was in the recent RCO reverse split (end of November)and I didn't recieve any "special class" shares, my shares were just divided bt 60. It was a 60:1 R/S.
Lowtrade: I'm beginning to understand what you were talking about with those parallel aroon lines like the GTEL chart you posted last week with Aroon (8) showing how to tell if there is going to be a huge pop in share price. I've found other charts with the same pattern with a huge surge in price. Look at the 6 month chart for UALAQ.ob (Aroon (8))and look what happened. Please let me know if I am way off or if I am understanding what you were trying to say:
Look at the second time the DMI+ just touched the DMI- and then they moved away from each other (very bullish signal). At the same, the Aroon (8) formed that parallel thing your were talking about. This was an extremely bullish indicator that this stock was going to surge!!! Wow please tell me that I am right!!! These two happening at the same time was enough to indicate a strong buy.
Any other indicators I am missing? Wow I love this stuff!!!
Wow you guys have opened up a whole new world for me, my brain is sucking all this information in... I can't stop looking at charts!!!!
Do all of you recommend using real-time stockcharts? Or is the 15min delay reasonable enough to make the right decisions.
Thanks tech: This stuff is very cool!
You wouldn't believe how far I've come in the past few weeks in understanding all the TA stuff...
Argh, there's no easy way... You have to use every indicator it seems... At least I'm learning now ;) You can miss a longer term runup if you use my candle stick theory but, when used with all other indicators it can work. The problem is that so many indicators can confuse ones ability to make a decision.
I am really starting to learn how important it is not to ignore other key indicators...
bleh, it kind of works :)
Techbear: You say that it is harder for you to determine when to sell a stock. Please let me know what you think of my new little theory. I am currently going over different histories of stocks to see if this works in most cases (as long as the stock is bullish overall).
BTW this theory does work with GTEL
I have noticed that Aroon (5) along with candle stick patterns can really help you day trade. It seems that when aroon up is going to cross aroon dn on its way up... this is IMO 80% of the time a good buy in point. A good time to sell (if you get a runup of a few white candle sticks) is after you notice your first red candle stick has formed. Also, the stock must be bullish overall.
What do you guys think?
I can see this being used with the Stratellite.
"GREEN PINE EARLY WARNING FIRE CONTROL AND MISSILE GUIDANCE RADAR
The Elta Electronic Industries subsidiary of IAI Electronic Group developed the Green Pine early warning and fire control radar for the Arrow system. The radar carries the designation EL/M-2090 and includes the trailer mounted radar and antenna array, the power generator, a cooling system and a radar control centre.
Green Pine is an electronically scanned, solid state, phased array radar operating at L-band in the range 500MHz to 1,000MHz, and was developed from the Elta Music phased array radar. The radar operates in search, detection, tracking and missile guidance modes simultaneously.
The radar can detect targets at ranges up to about 500km and is able to track targets up to speeds over 3,000m/s. The radar illuminates the target and guides the Arrow missile to within 4m of the target.
Two Elta Green Pine radar systems have been delivered to India as part of that nation's air defence system against ballistic missiles. The first was delivered in 2001."
There are reports that they are working on making it more accurate...the strat could definitely help with this IMO.
http://www.army-technology.com/projects/arrow2/
FYI We are not listed on Regulation SHO
http://www.nasdaqtrader.com/aspx/regsho.aspx
Although the real launch is scheduled for this summer, the strat will be floating and tested at low levels at Edwards Airbase according to Mr. Huff. Once there is proof that the strat floats everyone's fears will be calmed and this could happen within the next month.
IMO
Bashers that post here and on the other ihub board are trying to get into the heads of Longs and it is not working as can be seen by us holding the price in low twenties. This is a repeat of what happened on the last dip.
IMO
Well I'm still here, waiting to hear all the TA people's comments when all is settled. Also, I've been studying Aroons and so far it seems that they are excellent indicators of when to buy and sell.
'Jack of All Trades': 0.8% of insider shares sold is very insignificant.
Will: I really don't think that TA will work because we are awaiting a PR today and there was a significant event that occured yesterday. IMO
boomtime: I would think it has strength, Aroons are still bullish as the Aroon up is still well above the 30. Also MACD lines are approaching again but I'll let techbear or anyone else explain the rest. RSI is 50 (very healthy!)
1,405,000 share trade, that's the largest single buy that I have seen to date for GTEL
Cup and handle
Look at the 7 week chart for GTEL and it does look like it's forming a cup and handle, especially if the sp were to fall for the next few days.
http://stockcharts.com/def/servlet/SC.web?c=GTEL,uu[h,a]daclyyay[db][pb50!b200][vc60][iUb14!La12,26,...
http://www.investopedia.com/terms/c/cupandhandle.asp
xcentric4 on RB posted it and I looked into it a bit further. I always thought that you needed at least 6 months to form a cup and handle but I guess 7 weeks is the minimum.
Will: The only thing I can say is that I've been in this stock since 11 cents and I've seen this happen over and over again.
stratncash: Give the people who work hard to keep up the quality of this board respect and back your comments with some facts. Furthermore, this board is about TA related to GTEL not belligerent postings.
Will: Thanks because I thought I knew what the cup and handle pattern was and when I looked at the Gtel Chart I didn't see it. LOL
Can someone confirm the cup and handle pattern people on RB are talking about if Gtel hits .37 to .38 range?
lowtrade: When the aroon(5)up begins to move down, it is one indicator that a short term down trend is about to occur. Right?
lowtrade, I totally agree with you, except for one thing... I know some fund managers and they do play pennies...with their personal money LOL not other other peoples many people have become rich off of penny stocks but then their are many who became rich and then lost it all! My uncle know someone who had a huge house, Ferrari and all! Now he's not doing so well.
This is the reason I want to learn as much about TA as possible, it significantly helps increase your odds. Especially when tied to great rumors and potential.
sower: Post the article and/or question on the Globetel ihub board, you are most likely to get an answer there.
Because Gtel has a lot of outstanding shares, there will have to be a few of these huge runs like the one we're experiencing right now (and the one we experienced in feb) followed by a period of accumilation to keep the stock from being overbought. IMO GTEL would never shoot from .40 to 1.00 in the span of 1 month because the stockmarket's nature would not allow it, accumilation would have to occur. If the OS was considered low, than .40 to 1.00 would be possible in the span of a few days. Correct me if I'm wrong please, just trying to understand how this whole game works.
Tech and low, very nice thanks!
Tech: According to Arroon (22) it seems as though the sp will still climb because it hasn't peaked yet (the green line). Correct?
Lowtrade thank you so much, you explained it very well...
FYI it looks as if the ADX has just crossed the DMI-? So does that me I should sell a percentage of my shares?
Can someone please explain DMI+ DMI-
Where is it on a chart?
thanks!
BTW my response to wolfrun was a sarcastic LOL
jamess was bashing on RB and techisbest is another guy with only negative comments don't respond to them.
Wolfrun: There's nothing geeky about knowing how to make money!
Also, 3 white candlesticks and a bollinger band squeeze.
Correct? These seem like great indicators as I am currently comparing to the past and other stock charts.
LOL this Aroon stuff is still giving me a headache... need to study it some more but don't have the time hehe