Born again, born of God in July 2011
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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.
Ihub is the best stockchat forum on the web in my experience. I've visisted about 10 or so over the years and this one has some real chartists. I have been reading Ihub boards since 2002 and recently discovered the Penny Haven board. That is why I decided to sign up. I am happy to be a part of your little community here. Hope we can help each other make some dough.
Happy July 4th. See you all on the battlefield tomorrow.
Anyone else experiencing market withdrawal syndrome on this 3-day weekend? This is brutal! LOL! Come on Tuesday premarket!
Thanks. Good luck with MSEP!
Thanks a lot. I hate those damn ads. They pop up and cover the right side (the most important side) of all posted charts. They hog all the attention. LOL!
Maybe after I make a few grand I can subscribe. Trying the pinky thing again. LOL!
BB those ads always block your charts on my screen. How do I get rid of 'em?
All the best to you too. Happy IND day! Go OMOG!
I am anxious for news on OMOG but I'd rather they wait to release something until another week has passed because of the TA setup. I find moves most profitable when they are the result of both bullish TA breakouts and fundies.
Hoping for news about mid next week. Let her consolidate within the ascending triangle this week. Let them release news just as the ascending triangle is comming to its apex and just as the 50 is crossing the 200 dma. That could be explosive.
JMHO.
Hi, BB! Regarding OMOG, I don't see a cup on the daily but if you pull up the chart with the weekly candles you can see a large cup with a bull flag. I believe we are looking at one more candle on the bull flag and then a breakout the following week, unless oil news comes in before then. Also of note, in about a week the 50 and 200 should cross. Looks like it's setting up for a good run imho, starting next week. This trading week, I expect a range between .015 and .0165 to complete the bull flag on the weekly candles and to complete the ascending triangle on the daily candles. I am in and holding for a breakout the week after this one.
JMHO of course.
Happy 4th!
http://stockcharts.com/def/servlet/SC.web?c=OMOG,uu[m,a]waclniay[dd][p][vc60]<i&pref=G
http://stockcharts.com/def/servlet/SC.web?c=OMOG,uu[m,a]daolniay[dd][pb50!b200][vc60]&pref=G
I asked BB on his board about his thoughts on the chart and he believes an ascending triangle (AT) is forming and that it has to move sideways a bit longer. When I draw the trend lines it looks to me like the AT support is at .015 and the resistance is at .0164. I think, without news, we are looking at a trading range between these support and resistance areas for approximately all of next week and then a breakout or breakdown the following week.
News would of course trump TA. If good news were to come out just as the AT reaches its apex and just as the 50 is crossing the 200 (I also think those MAs will need another week before they can meet) then the move up should be a nice one. Maybe .03+ or so. I hope to jump in and out as it moves up.
This is 100% speculation as it is my opinion only.
Thank you BB.
This is encouraging:
"The Gilreath #1 has been drilled to a total vertical depth of 1800'. There were good oil shows in the Sunnybrook formation at 910' and in the first break of the Knox formation at 1760'. After drilling was completed and let stand 8 hrs, there was 122' of free oil standing in the bore hole." Wells in this area normally require stimulation, or at least acidizing, before any significant oil starts showing in the bore hole. The fact that this well has such a large un-stimulated oil column is an extremely encouraging sign that it should be a commercial success."
That was taken from the latest PR on June 13. I hope we get some follow up declaration that the well is in fact of commercial quality. Should that happen, we might have a TNOG on our hands.
JMHO.
How much you have in OMOG? I only have $791.00 and am hoping for a grand after comissions. Need .022.
BB i am in OMOG. Can you please share your TA? Thank you :)
happy holiday!
Here's the weekly candlestick chart:
http://stockcharts.com/def/servlet/SC.web?c=OMOG,uu[m,a]waclniay[dd][pb50!d20,2][vc60][iUc20!La12,26...
In a word, it is Bullish. I see a bull flag and a cup and handle. I see a strong MACD and accumulation via the CMF. The daily candlestick got messed up in the last few minutes with that dump at .0157. Don't know if that was deliberate or what.
It is at a crossroads and is about to move very aggressively. Let's hope it's up. That's what I'm betting on. News would help, good news that is!
All is JMHO. Don't rely on me.
Yes. News is most certainly overdue, based on the recent PR. Hope we get it next week. Would love to see OMOG surpass TNOG. LOL!
Later.
Sorry for double post.
Holding OMOG for hopeful breakout. Chart with weekly candles looks solid but daily candles not so hot. News is due. Happy Holiday!
JMHO.
Holding OMOG for hopeful breakout. Chart with weekly candles looks solid but daily candles not so hot. News is due. Happy Holiday!
JMHO.
Hope we get some good news for the holiday weekend.
OMOG .0166
OMOG .0165
Welcome! I'm new here myself. Signed up yesterday. Your post offers some interesting and helpful insight into the strength of OMOG's move. I hope all those TNOG profits rush into this one, as well as money from other sources. The chart is set up nicely. Good news would really move this imho.
All posts are JMHO.
OMOG weekly chart very bullish. Shows strong MACD and rising RSI along with a bullish pennant. Could also be a cup and handle. I hope to trade this one for a while. Looks solid.
http://stockcharts.com/def/servlet/SC.web?c=OMOG,uu[m,a]waclniay[dd][pb50!b200][vc60][iUa12,26,9!Lb1...
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This is JMHO so don't rely on me. I am in at .0162 and will be out, and in, and out, and in, etc if I choose. Do your own DD and rely on noone. Best of luck to you!
Thanks for your help. I noticed on the weekly chart that it had a high of .0183 in January so I believe we might be able to get between .018 and .02 on technicals alone. On the weekly chart it also appears to be forming a cup and handle. If that breaks out on big volume as a result of news, I believe the 03s would be in order.
Thoughts?
Careful though. Not much volume on KWBT. JMHO.
How high do you think it can pop, lowtrade?
OMOG looks bullish imho. You technicians, what do you make of the CMF and accumulation?
http://stockcharts.com/def/servlet/SC.web?c=OMOG,uu[m,a]daclniay[da][pb5!b10!f][vc60][iUc20!Lf]&...