Hello my name is Tom
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honestly I do not know. Huge bids at the ask of .01 and then they just get eaten up.
a seemingly endless trading range between .01 and .015
i don't even think we need news to get to .10
.10 could just be a technical bounce
the charts are saying there is high potentring for a huge bounce during the next 10 trading days..
of course the technical charts are all about potential and probability but that is what they are saying to me
fact that there is a heavy bid now and thin to .0175 to .02 seems to support the possibility that we could run soon and MM's are ready for this to run.
side issue is we should really not see any heavy dumping at the bid again
level 2 looks quite attractive right now I have to admit
we have 180K on the bid at .011 and 140K on the bid at .01
and we barely have 100K on the ask up to .015, then it is .0175 next
hey herscu1 is that you on the bid at .011 for 180K ??
or is that someone else
I have to say I am quite intrigued by today's action. We had those 100K in PRE MARKET trades at .01 about 9.25AM
then we finish at .015
I have seen this type of action in the past and many times it is a precursor to a huge upwards run.
If there was any dilution before I think it is at a pause for now and now we will see the price do a moon shot.
Combined with my technical criteria is looks to me at though FGLD could absolutely skyrocket during the next two weeks. My indicators are primed up for a huge run and it needs to happen during the next 2 weeks !!!!
the bottom line is that FGLD price is not moving down, it has shifted momentum from down to neutral.. but now the scales are tipping to up !
my read on it is that someone was desperate to buy shares at .01
and now I can't buy any at .01 !!!! ask is at .015
we just had a buy at 9.25AM for 50,000 at the ask at .01 ... very unusual..
was it any of you guys ?
very unusual to see pre market buy like that
the thing is, we are not really moving down... and are not really moving up.. in other words totally sideways. sideways is better than down
it is just pathetic that there are still sales right at the bid down here... who on earth is selling 10,000 shares at .01 ?
how are they going to convince stubborn doctors who have been using mammograms for the last 30 years to throw their old equipment out and go with the new method ? seems like a high hurdle...
FGLD Focus Gold Corp technical analysis video
http://ih.advfn.com/videos/stock-chart/fgld-focus-gold-corp-penny-stock_2eHVvA8ZJSE
i have a strange feeling that we gap up tomorrow and go north, part gut feeling but also part technical picture.
would love to see us open at .015 tomorrow and close near .022
It is a natural resource penny stock...
Personally I think this is a good trade for a spike to .20 cents...
I can't answer if it is worth investing in. My own opinion of it right now is that the risk of more downside is much less as compared to potential upside...
not to belabor the point, but the funny thing is a technical argument could actually be made for 6 dollars since there is a large pattern that could make 6 dollars the neckline of a large head and shoulders bottoming pattern.. amazing but true.
I agree with hersucu, but I am not sure about 5 dollars
but .80 cents to a dollar seems quite reasonable...
But in the near term just a technical bounce because of oversold conditions can move FGLD to .20 cents + in my opinion...
The technicals look outstanding right now for a huge upward move within the next 10 to 15 trading days.
when price starts trading above .022 we could start to see an acceleration of the advance since this would be a key recovery level
the directional movement indicator is saying FGLD will start an upward run north starting tomorrow for 5 to 10 trading days.
I think FGLD is primed for a technical bounce to .20 at a minimum based on technicals alone. Then if news follows or some fundamental developments bode well then it could zoom to .50 cents +
But the technicals look quite good now IMO.
* 4 month cycle similar to two previous peaks, the recent cycle completed around May 25 2013.. so we are way overdue for an upsurge bounce.
* DAILY MACD in a bullish divergence between price and also about to cross above the zero line/ This same bullish divergence existed on the previous run from .022 to $1.00
* Possible 2B buy signal on a price move ABOVE .022
* large swing trading range between .80 cents and .02, now we are at the bottom of the range. Sellers so far have failed to continue downward momentum recently. this can only mean one thing, the price will try to reverse and take out the topside above .022
* monthly candlestick chart shows a bullish reversal hammer candle which bodes very well for month of JUNE.
I have also observed that there appears to be a 4 months cycle between the previous peaks at $1.00 on september 21st, 2012 and January 22, 2013
if we extrapolate another 4 months outward from the january 22, 2013 date we get to May 25, 2013
so we are overdue for a run back to $1.00 range if the cycle is valid.
just referring to the technical analysis of the monthly May 2013 price bar...
it is basically saying that selling has reached exhaustion and that the lows are in.
The monthly candlestick bar for May 2013 closed as a hammer reversal candlestick...
bodes well for June 2013 IMO
I think this one is headed to 20 to 40 dollars a share. Technicals look great for a nice run.
CMGE seems to be a better play on mobile gaming biz than ZNGA. CMGE has largest market share in China on mobile gaming and is a pure play on mobile gaming..
there is a possible massive inverse head and shoulders pattern on the weekly chart.
it says that the neckline is 6 DOLLARS which means if the pattern is correct we should trade back up to 6 dollars by end of year.
call me crazy but the charts do not lie
the weekly chart is saying this thing might eventually get to $5.. I know it sounds like pumping but I am a chart reader...
so paying .08 cents for a stock that will trade into dollar range seems like a good deal to me.. problem is most dont realize it can trade so high and so fast so that is why many still sitting on the fence
the weekly chart on FGLD is truly a thing of beauty. it says this run is just getting started.
weekly RSI has flattened out and is ready for an upside breakout.
weekly stochastics in major bull mode similar to what occurred before previous run to 1 dollar range
in two or three more weeks I would not be at all surprised to see us trading at .50 cents or more
Yes I agree with you.. smart to keep accumulating going forward in my opinion...
Certainly a series of announcements from the CEO and signs that we are moving forward will help support the price.
Predicting news is a tough business. My take is that price will run up into the news.
gold stocks are at a historic low ! we are at a possible tipping point of stock market high and gold and gold stocks low right here and right now !!!!
jobs number was horrible today..
during the previous run to 1 dollar the rally started on a extremely low volume so I do not see it as a big deal...
the volume can always come in later, that happens in low float stocks typically
sellers are all cleanout out after the double bottom... means we revisit the previous highs....
float all locked up and in strong hands...
charts are looking superb,, technicals are lining up perfect for a huge move, this one moves on air !!!
FGLD will close this week STRONG, major gapper potential into next week alert alert !!!
also note on FGLD that we have a MONTHLY MACD BUY SIGNAL... this is a major long term buy signal and gives long term support to the price
http://www.flickr.com/photos/94641666@N07/8618282504/
yes well the technicals look just superb... a nice double bottom 3 months apart, and now some up ticks
traders rule is if you cannot break down the previous lows, you will turn around and try to break the previous highs....
daily MACD is fast approaching the zero line.. when that occurs we could really skyrocket
this looks like a closing MARIBUZU candlestick very bullish candle !!!
all hands on deck, battle stations.. battle stations... we have LIFT OFF KIRK !!!
beautiful action today. where is everybody ? lol
i hear an echo..
who woulda thunk it.. FGLD heading to dollar range soon and no body cares!!!
heck we might be at .20 cents by this afternoon ! lol