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New to the board! Just hope I am not to late...Clamps!..and maybe a salad spoon to start with...humbly..
And It could run back just as fast.....Just trade it..someone said.:")
Lower Lows And Lower Highs..Declining Lower trend line broke today and the upper Declining trend line held...0243 is the low to watch for the next several days.
Just put in a lower low.
Yes, The top trend line goes back to July and we need to break above that to truly run, I am not sure of the falling wedge if you go back further it looks more like a declining channel instead, The hourly and the 15min both are showing a descending wedge and that points to further decline ( at least short term)..I hope I am wrong.. Good luck to you Jackroch.
Looking at a descending triangle on the hourly and the 15 min time frames with .026 being the baseline..With no news to break the descending trend line A further decline is likely..
Trading range is very tight here, right at the apex of two trend lines..
thought this would be of interest. http://www.bloomberg.com/news/2011-02-11/sumitomo-mitsui-hold-rare-earth-talks-with-russia-as-china-limits-supply.html
Test of the trend line and a pull back.
Retest of the trend line in afternoon trading, The pps is still above the 10ma so we could get another attempt for a push higher....GL!
Thanks tamer, I respect you views And fully agree..
It's not advisable to continue with a position when it has broken a trend or support line, To Average down and to continue too do so..eh wow, You could of taken a small loss at the break and made it up on the next cycle..A more likable scenario and in a better position. GLTA!
Now that is good advice.
A steady clime with healthy pull backs is all I want, Still just not enough eyes on this...
pulled back from the trend line today at .032, lets see if the 10 day can give any support @ .027, if we drop below, we have conformation of a move lower..back to the long term down trend...GL.
Up against the trend line, we either break out or It continues on its way lower..We will know tomorrow....GL.
I appreciate those charts the only thing that holds me back from them...is no trend lines..draw your own conclusion from half the picture..I don't mean to upset but add some trend lines and viola.
Sorry I was unable to let you see my thoughts..trends lines are an important part of charting.
Woop's sorry, Maybe that's why no one likes them. jk, The hyperlink is not working will post later.
I know my charts are not the greatest but pay attention to the trend lines and you will see what these guy's are saying...Or ignore me..what ever the choice.
http://www.freestockcharts.com?emailChartID=9dc7798e-adfa-4156-8324-043552961c0d
LOL! I am not going to disagree with you. If the trend line breaks at .029 then that is where I go..
Charts work here and with other stocks, how else would you plan your entry and exit points...GLTY
Are you talking about the declining trend line..That is what has to break for this stock to truly run..Today It was at .032 Tomorrow a little lower.
I am sure you have your own.
Have, watch the trend lines.
or buying.
Looking good so far.
.032 is the long term trend line.
Up against the rising trend line, looking for the day to end higher.
Up on light volume, Not taking much to move..
If the price stays above the .025 range in the morning we could get a bounce of the 20ma on the hourly and put us closer to the .032-.033 range, looking for a higher high.
set up a different account with Sogotrade and they use Penson for clearing...I balked and have not funded yet.
I have been with Zecco for two years now and no complaints..
Sorry big, I just walked into this? what are we looking at? not sure of the ramifications?
Cooky.
No, still very light for the pr's and not much chatter for this stock yet. :>
Nice trading today.
Looking good and strong, More eyes on this now.
Trading range tomorrow looks to be .020-.025 as it continues to go lower, teen's next week with no news.
ELAY, had some nice news out.