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I hear that, this is going to run huge now!
c'mon really? it is very obvious you sold yesterday, sorry you missed the boat.
It is an obvious typo, people are hired to write the PR and it wasn't proof read, it happens.
I know lol doesn't make sense.
Pretty dumb to sell off on news like this, obviously this stock will run strong for several days now with HUGE GAINS!!! GLTA
Click on "Show iBox" located at top right corner of the board.
MAJOR NEWS RELEASED TODAY 08/05!!!
http://finance.yahoo.com/news/Avitar-Inc-JV-Agreement-With-iw-901830600.html?x=0&.v=1
GLTA
That news is HUGE it should be posted on the top of this board, where are the MODS at???
Where is the link?
It really stinks reading replies to deleted posts. Seems any post that is deemed off topic is removed on this board. No matter if the post is actually relevant or not. I would consider posts about AVTI the stock or individuals who were promoting the stock or board to be absolutely relevant. What is going on here? I am a moderator on another board and this type of behavior is absolutely unprofessional and self serving.
EVXA - Daily Candlesticks
I was checking the board tonight and seen the request for a chart. Here is the daily chart hopefully it will help you guys.
Positives:
Seems to have steady support on 0.0023 still, this is a good sign. A positive green day could push it across the Parabolic SAR which would be a nice signal for reversal. The stock generally appears to be consolidating right now moving sideways in a trading channel.
Negatives:
It still looks like there is resistance where there was previous support. If the price breaks below the 0.0023 support level it is likely it will continue to trend downward.
Good luck to everyone, miss the board!
K
Ludlow Capital Issues Research Opinion on Avitar, Inc.
This was posted just last week!!! Outlook is very promising for this stock, we could see huge returns very soon!
NEW YORK--Ludlow Capital issues research opinion on Avitar, Inc. (OTC:AVTI), a holding company focused on investments in joint venture projects, with a valuation price target of $0.01 to $0.015 per share.
http://www.wallstreetnewscast.com/news/2010/july/avti.html
This could go to 0.01 or higher very soon!
GLTA
I think you are right, looking at today's chart the MACD, Full STO and TRIX all indicate more red days ahead, not to mention we also crossed the Parabolic SAR another bearish signal. It does seem like the 50 EMA is leveling off and we may find good support there. Todays candle is bearish, and I expect to see another red day tomorrow as we test support on 0.001 levels.
GLTA
I agree we don't have to close exactly on 17 for the candle to be a Hammer, however closing at 0.0016 might be considered a Spinning Top or Doji but the significance would still be the same, a reversal signal.
The Hammer pattern signifies a weakening in bearish sentiment. The long lower wick signifies an initial continuation of the downtrend. However, renewed buying sentiment acts as support and drives the price higher to close near its opening price.
For a Hammer Candle we need:
• After an established downtrend
• Hammer candles have a small real body that forms at the upper end of the days trading range
• The candle can be either blue or red, analyst usually do not differentiate.
• Lower wick at least twice as long as the real body
• No (or almost no) upper wick
I don't think we will close green either, but we should close somewhere between 0.0016 and 0.0017 looking at the 60 minute chart. GLTY
Yes as I mentioned earlier we should close today with a hammer which is a trend reversal indicator. My guess is we close between 0.0016 and 0.0017 range. Since we are on support line this adds significant weight to the reversal signal, tomorrows candle should confirm that the trend has reversed and we are starting our next leg up.
GLTA
Hi Zero, I appreciate your opinion and have heard similar myths about charts not working for pennies. However it is just not true. Ultimately charts provide the indicators that tell us where price is going to move to. As I stated yesterday we would test @ 0.0015 which we are doing right now. If we close above or at 0.0015 we will have a nice Hammer candle on support (center BB line) indicating tend reversal for the rest of the week. GLTY
You have some good points. I generally use Level II as a tool for day trading and to determine entry and exit pps. From my experience I have found charts to be one the best tools to determine future price movements. From the daily chart I believe we will see a test tomorrow @ 0.0015 but that is just my opinion.
GLTA
On OTCMarkets.com there are a couple of warnings about AVTI is this anything we should be concerned with?
1. "WARNING! This company may not be making material information available."
when you click on the link it brings you to this page
http://www.otcmarkets.com/otcguide/insider_trading.jsp
2. "STOP Pink Sheets No Information"
when you click on the link it brings you to this page
http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp
Thanks!
Ok thanks I actually just started looking into the stock and ran across this on Yahoo! finance.
Okay, kinda new to this board was looking for info on the company and ran across this one. Kinda figured it would have been mentioned before, thanks!
Avitar PR on Yahoo! Finance
Can anyone confirm if this PR was mentioned on the board? This news is not that old and I don't see it posted anywhere, thanks!
http://finance.yahoo.com/news/Avitar-Inc-Enters-JV-iw-524303548.html?x=0&.v=1
GLTA
without a doubt this will bounce tomorrow.
LOL, WOW that is a low price!
Looking very similar to the pattern from July 27th and 28th on chart at top of board (AVTI ANNOTATED CHART FOR 8/02). Looks ready to cross center bollie and north from there for next run up.
Just so you know...
I am not trying to be the doom and gloom guy here. I am just trying to give you guys a heads up before this thing goes down any further. This of course is just my opinion, you can take it or leave it. I am not trying to bash or be negative here. I am trying to let everyone know what is most likely going to happen over the next few days or weeks, IMHO based on technical indicators.
As always, I have tried to be helpful and let everyone know what direction I feel things are going. Sometimes I have been wrong, most times I have been right. I wish you the best and hope no one has hard feelings, because I do not have them toward anyone on this board. I am just a fellow investor trying to offer my opinions and advice when I can. I enjoy doing that and enjoy helping others when I can, so please lighten up on the personal attacks, it is only my opinion, and I have no control over which direction this stock moves.
I will probably be back on the board as I reload at lower levels. If it goes up from here congratulations, I am very hopeful for everyone!
GLTA
Charts are usually very accurate means for predicting future price movements by predicting investor sentiment. Buying with emotions, hype or the seat of your pants type investing usually only brings an empty wallet.
I think you may be right, double bottom pattern forming on intraday chart at top of board.
Looks to me like a Hanging Man finding resistance on the upper BB line. This is typically considered a bearish signal from my experience, what are you seeing?
Reference
http://www.investopedia.com/terms/h/hangingman.asp
If you made a statement like "look out below" it most likely got removed because it seemed like it was off topic. This is generally because it was not backed up with technical analysis, articles or news and may of seemed like a basher's comment.
However, in any case it seems you were spot on, the hype is indeed dying down and pps is going down with it. Too bad, I think we can recover before we hit bottom if we get some news. It would be nice if the company would return phone calls or even emails at least to keep investors informed.
GLTY
Maybe more appropriately titled What a difference a Death Cross makes ! Ultimately you have to make your own decisions here, and do your own DD. Don't listen to me, I am just a voice in the wind.... I hope you can weather the storm, and do VERY much wish you the best, hope you see big gains soon.
GLTA
I understand, I took a big hit selling but can average out when it drops to .001 levels. I still think it will go up eventually if news is released, but do not feel comfortable holding while pps is going to drop to these levels. I think it makes more sense to have more money now and reload more shares at lower levels then wait for lower levels and hope to ride back up.
I wish you guys luck and think this still may happen, but if the company does not release any news the inevitable will happen and the pps will slowly keep going down. EOM
Well 2 keys things have happened here the long term indicator has crossed above the short term indicator, and the long term indicator has now become resistance. These are the 2 qualifying factors that signal a death cross, it is valid unfortunately.
From Investopedia...
What Does Death Cross Mean?
A crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level.
Investopedia explains Death Cross
As long-term indicators carry more weight, this trend indicates a bear market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new resistance level in the rising market.
Reference
http://www.investopedia.com/terms/d/deathcross.asp
Here is some information on the death cross signal
http://www.investopedia.com/terms/d/deathcross.asp
It does signal a significant down trend unfortunately. I would not be surprised to see EVXA test back at the bottom again .001 levels.
Good luck to everyone, hopefully I am wrong and you all have big gains (and I too will be kicking myself). :P