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Hi Tsafi,
Trust you are enjoying the yom ha-atsamaut holiday
Noticed on your intraday charts that you use the volume by price bands (at least I think thats what they are) on the left side of the chart, by the MA indicators.
How does this help you with your trading?
Never used them yet. Thanks alot.
Waycokid
Hi Low,
watch for a possible channel starting on ALRY: .085 - .135
if gap not filled
Good luck,
Waycokid
confirmed = Youre Buy posted as a Sell on my Level 2 as well.
Waycokid
Thanks for the info Tsafi, not sure what this sentence means though: "VNBL change to MMXR back then short was on a tubule" what is a tubule?
Thanks,
Waycokid
Thanks for posting charts - good point, will add next time.
have a good weekend
Waycokid
Two charts for you too: ONEV and NWBT.
Thanks,
Later
Waycokid
Hi Tsafi, not sure I understand your reply about the E being added and how it's not good for shorts? Can you please explain more when you get a chance (I thought E is not a positive for the stock!!)
Thanks mate, very entertaining board this. What a great goal by Messi -saving it on my new "greatest goals of all time" list.
cheers,
Waycokid
Thanks for the information.
Much appreciated
Hi Tsafi, watching INIS today - all buys coming in. Ever played this one before?
Cheers,
Waycokid
HPNN - no buys, only sells allowed on Scottrade. Suxx
Hi Tsafi, entered TKER this morning so all good. Any short or long term targets on this one?
Have a great weekend mate.
Waycokid
So you think it might come down again to .20-.22
Very interesting.
You holding EVOL too?
Waycokid
Hi Tsafi, all the best with the new job if they decide to have you work with them.
What do you think of TKER.
Cheers,
Waycokid
So how many days of toxic selling are left based on your math? Looks like .02 prediction might be coming up real soon
Cheers
Waycokid
Thanks, next week will be looking for a bounce, and for a loaf of bread again too!!!
Cheers,
Waycokid
Hi Tsafi, re: BRVO news - are they saying they might sell more shares into float?
Bravo! Brands Inc. Initiates a Search for a Strategic Partner
2007-04-05 15:37 ET - News Release
NORTH PALM BEACH, Fla., April 5 /PRNewswire-FirstCall/ -- Bravo! Brands Inc. , a brand development and marketing company that promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today that the Board of Directors has retained Cowen and Company, LLC to explore, in conjunction with management, strategic alternatives for enhancing shareholder value, one of which may include investments by strategic partners.
The Board has determined that now is an appropriate time to initiate an external process to explore strategic alternatives. During this process, the Company will continue to move forward with its business plan in the ordinary course. The Board noted that while it will review all options in consultation with its advisors, there can be no assurance of any particular outcome. The Company does not plan to release additional information about the status of the review unless and until a definitive agreement is entered into, a definitive decision has been made on a course of action or the process is otherwise completed.
Thanks Ken. Have a great weekend.
Hi Ken,
in ACGI yesterday and still holding.
Looks like might want to consolidate a bit.
Any thoughts appreciated.
Have a great weekend.
Waycokid
Thanks for the help. Cheers.
Hi Tsafi,
any thoughts on ACGI. Entered yesterday on resistance break and still holding.
Much appreciated.
Have a great weekend.
Waycokid
Hi Low, ACGI heads up!!
Was waiting for entry on third channel bottom which never came - so entered on channel top break.
Would .61c still be the target?
Cheers,
Waycokid
Thanks Tsafi. EOM
Hi Tsafi, what do you see on level 2 for PLRS that has you intrigued.
THanks,
Waycokid
Too true. thanks Tsafi
Seeing many 911 trades on BHUB. Anyone know what that might mean?
Thanks,
waycokid
Look whose running the show ...
from FATCATS board;
NYSE market specialists, following a 400-point drop in the DJIA on February 27, 2007
(photo courtesy of New York Times)
Hi Low,
everythings going well thanks.
In ACMG today. Any thoughts?
Cheers,
Waycokid
Thanks Tsafi. Hmmmm OBV as a psychological emotional indicator. Very interesting.
Why don't you use it for pennies. Seems many of them are run on emotion, no?
Cheer,
Waycokid
We are looking to confirm a channel for a lower risk entry.
How does a channel confirm? By creating a pattern, and then repeating it 3 times.
Once we see the pattern hit a channel top and bottom 3 times we have confirmation.
Entry on 3rd bottom.
Regarding the stall channel after run/retrace: start counting the stall channel starts from the bottom of the retrace.
P.S. I have seen charts where the bottom of that retrace may not be the bottom of the channel either - so keep that in mind.
Cheers,
Waycokid
Hi Tsafi,
do you ever use OBV as an indicator?
Thanks alot
Waycokid
Hi Creppie,
No, he is not saying another 20 day run up is coming. He has noticed how after runups and retraces a stall pattern can develop. He has worked out approximately how long that stall will be in play for by using the total number of runup and retrace days (see Lows message #5711 from yesterday).
Now the exact price of the channel that gets created cannot be predicted until you see it start to happen. Then wait till the third bottom for a lower risk entry to test channel top.
That is the play.
Enjoy,
Waycokid
Hi Low, do you ever use the OBV indicator as a tool. Last few days have been keeping an eye on it. Looks useful for climbing stocks. Any opinions appreciated.
Thanks,
Waycokid
Yes runup on NVMG was 20 days with 10 day retrace. So from Lows experience he doubles first number and adds on the second for the number of days NVMG is now expected to channel (hence, 40-50 days) before a breakout (up or down, we don't know til it happens).
During this time expect a channel high and low to be created. And on the third test of the channel low would be a safer (not riskless) time to enter for next test of channel high.
See msg.5623 for another example.
Good luck,
Waycokid
PLYCF looks like a long drawn out descending triangle from high in November. If can hold a bottom around .012 maybe we see .04's again.
Just my opinion.
Cheers,
Waycokid
Hi Low, channel play NWWM
Looks like a .015 - .022 channel play
Would todays high be the 3rd top hit?
problem downloading chart, sorry
Cheers,
Waycokid
RGNO for the weekly
GLTA
Hi Low, per NVMG you stated, "Also remember a channel pattern is not established, until the bottom is hit 3 times! This channel could end up someplace other then seen right now!"
Does this mean assuming this is bottom, the bottom channel is established only once it has run from here to .015 and back to .001 then to .015 and then back to .001 again.
Thanks,
Waycokid
Thanks a lot for reply Low. EOM
hi Garden Rose, PPS = price per share aka. the stock price
Have a good week.
Waycokid
Hi Low, here's a stall channel for the board:
BZTG
5 up/2 down with a 10-12 day stall. Currently in day 6 of stall.
Target: .0525 (not quite sure if have that correct though, run/retrace almost looking like a flag, which would have a target of .0175 above breakout point)
Cheers,
Waycokid