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hey mh, i would have to agree, if this negative volume increases all indications point down without SIGNIFICANT news at hand, i do not like to average down myself and your buy signal, IMO, is right on the money, i won't buy another share until pps breaks out strongly over the 10ma, not only is the pps below but the gap is widening to the downside, i read your posts and don't always agree but in this regard i just cannot disagree, it's sound and makes alot of sense
midas
hey flix, actually i beg to differ, there's plenty of room for this to go down, alot of people said the same thing when we bottomed at .0115 before last spike, then we hit .0105, second thing i'd like to point out is the incresing negative volume, if it gets any higher we will be sub penny for sure!, all patterns i have tracked on this stock from .03 down have failed, A/D on a 6 month chart is almost back to 0, good news there is expand the chart to a year and it's still up about 150mil, short term we have taken a severe hit and until those financials come out, some year, nothing is beyong the posibility for going sub penny, without those financials we will be there next week, sorry if this post seems negative folks buts thats just the honest truth, IMO
midas
Update PBLS
If you follow the links back you will read that i have been charting a new pattern. This pattern is now coming to a fork in the road, it either follows the pattern or breaks the pattern, we'll see tomorrow.
The pattern i am tracking is nearly identical. Again, i wouldn't hold my breath on this.
PPS - On the price chart you will see two heavy black lines underscoring the patterns. 11 days of almost all red candles from the spikes on both patterns. Then a positive day. We need another up day to continue the pattern. You can see they are nearly identical.
Stochs - Crossed to the upside today. Same as before.
RSI - Bottomed out in Aug. and has been gaining strength since. Pattern is the same as before with RSI starting to turn up today.
MACD - Also bottomed in Aug. and is moving back up.
M/F - Still sucking wind.
ADX - Very similar with all lines converging at the same time.
A/D - Still sucking wind, but looks like it could swing back up.
If the pattern holds we could get back to .03, Again don't hold your breath but it is a possibility.
6 month chart
Baltimore Brutilizes Oakland
Baltimore over Oakland
Baltimore will bloody Oakland for second blank in a row.
agreed, PBLS should post no more PR's until financials, not a peep like PA said would happen, "quiet period, he said", what a waste of time, this PR will be buried under all the rest of the useless PR's in about 3 months, these PR's, as someone stated earlier, would add seriuos "JET FUEL" to the fire once they post financials, it seems to me they are working backwards
i definately concur, they could say progas or anyone of their companies revenue will exceed 1bil and the price will still go down, hell PA just posted 10's of millions and the price went down, it's either the financials or nothing, we WANT the financials NOW, this is truly sad
still going and going and going...someone whack that bunny.
hey lake, i was just venting some frustration out, innundating management with calls would probably result in them waiting to PR even longer, i was hoping my sarcasm and humor would show through the post, i guess it didn't, sorry folks
midas
Update PBLS
sorry folks nothing to update here, no chart today because it is just plain painful to look at, A/D has crumbled by 2/3's. I believe it may be time for a mass barrage of phone calls to management by EVERYONE on this board to demand some answers or someones head on a silver platter, or what did they call those things in the olden days, pikes in the square was it? WTF and i never post that language, someone is grinding this pps into the ground and it just seems that management doesn't give a s$$t. IMO we all need to start applying shareholder pressure on this company. Or...maybe not and just cool off for a bit. Sorry folks needed to vent a little here. OK i'm better now thanks.
Holding tight as you all and just as pissed!
midas
OT - Asus, i want to thank you for posting the 911 pic, i am from nyc and remember that day like it was yesterday, i often venture over to, "the pit" as we call it now, and look at the hole in the ground where two of the most magnificant sights i have ever seen in my life once stood, one truly needed to see them for real, day or night, to appreciate not one but two truly incredible structures, it's a shame the city and state are dragging their feet on the rebuilding. one building in five years, a shame. i don't know where you are from but it's good to see that people will never forget.
Thank you
Midas
Update SFPS
Pinksheet
Looks like something might be a brewing here. Reversal in the makings?. To early to tell but now is the time to keep your eye on this one.
PPS - +.007, Looks like it may be coming off a small handle and cup.
Volume - Needs more positive volume if it's going to run. Have to see what tomorrow brings.
Stochs - Stochotic crossover to the upside.
RSI - Headed north.
MACD - you cannot see it on this chart but MACD has not crossed over...Yet.
M/F - What's there to say that hasn't been said already. M/F positive since Oct. 2005.
ADX - DMI+ headed north, DMI- headed south. Something I missed when I first thought it would run in early August. In early August ADX was below both DMI lines. ADX has now crossed over both DMI lines and is now in position to support a run.
A/D - continues to rise.
6 month chart
exactly, i have provided proof that there are active wells, so unless you can show me proof that those wells are no longer active...well i guess you can't now can you, what would make you think they are not, Rome oil and gas was a companie before they were bought, do you think they are just going to shut down a huge revenue stream, sorry shizoku try again, besides i have been reading your post's and you guys always come out of the wood work when something is going to happen
please have a nice day
midas
also Pnew as per PBLS PR,
http://biz.yahoo.com/iw/060731/0149094.html
Excerpt from above:
As a non-reporting pink sheet company, it is important that we maximize our time and efforts to add assets and income to Phoenix. At the same time we continue to work in a quiet period while we do our work.
this is the quiet period I was refering to, it is self imposed and the reason we are not seeing many more PR's out of PBLS, i'm quite sure they have updates out the wasool on their business operations, they will let us know when the time is right, preparing financials for one company for reporting is huge, try doing it for 17, it just isn't going to happen overnight, patience friend, patience
midas
pnew122, have to disagree with that last post of yours, what gives you the idea they aren't producing any oil now?
Phoenix Acquires New Oil Lease in Kentucky for Its Mid-South Resources/Rome Oil & Gas Division
Thursday October 27, 2005 1:17 pm ET
COVINGTON, LA--(MARKET WIRE)--Oct 27, 2005 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News), a holding company with assets in oil, sand & gravel, soil products, land development, trucking, contract hauling, swimming pool construction and construction related industries, announced today that a new oil lease has been acquired for its Mid-South Resources/Rome Oil and Gas Division.
The Company indicated that this new oil lease is located in the State of Kentucky in an area conducive to air rotary drilling. Rome Oil plans to drill five new wells on its leases in Kentucky prior to the end of 2005. The Company estimates its provable and accessible oil reserves in its Kentucky leases to be in excess of 300,000 to 500,000 BBLS.
Currently Rome Oil & Gas Co. has 18 wells that are producing between 5 BBL/Day to 50 BBL/day each, with an average production of 26 BBL/day per well, a rate of production that is expected to increase as new wells come on line.
18 wells * 26bbls average = 468bbls per day
468bbls per day * 365days = 170,820bbls a year
170,820 * $60 per barrel = $10,249,200yr in oil sales
also i would put this figure as a very low figure as this PR was in Oct 2005, i would have to assume that more wells have come online since then
midas
Update SFPS
Pinksheet
I have no clue as why this stock hasn't moved unless it's being played. It almost looks like the chart is being painted. I don't have Level II access so i can't confirm it but from what i have seen watching during the day it moves down early on in the day on low volume, then it stablizes all day on heavier volume without moving up or down. Then it moves back down on low volume EOD. I have seen it move down .01 on less than 50,000 shares last week. I have seen it take over 1 mil to bring it back up.
Even news last week couldn't move it up.
SafePay Launching Its Own Branded Prepaid Visa(R) Cards and Pin-based Debit Cards
Thursday September 7, 11:03 am ET
Excerpt:
NEW YORK, Sept. 7 /PRNewswire-FirstCall/ -- SafePay Solutions, Inc. (OTC Pink Sheets: SFPS - News) announced today the launch of its own SafePay Branded Prepaid Visa® Card for all US based SafePay members, and a true bank-issued Pin-based Debit card for International members, accessible globally in over 140 countries at millions of locations.
Excerpt:
We are currently tabulating our August 2006 revenues and we anticipate that the numbers will be equal to, or greater than, the revenues from July 2006. SafePay will release its gross processing revenue figures for the month of August early next week.
Full PR
http://biz.yahoo.com/prnews/060907/clth051.html?.v=67
More news expected early this week as per PR above. Have to wait and see what happens this time.
M/F - Something is amiss here. How could money flow continue into the stock while the pps progresses downward. This is one reason I suspect the chart is being painted.
RSI - So undersold I don't think it can go any lower without finding it's way to china.
A/D - Second reason I think the chart is being painted. How does it continue up with no sign of weakness while the pps continues to drop.
Stochs - Irrelevent at this point.
Macd - Looking like it wants to go down more. Although an up day on decent volume could cross it over without any problem.
If anyone can tell me how M/F and A/D continue to rise on a declining pps I sure would like to know. TIA.
6 month daily
Yes they did, thanks for the info. For some reason i failed to report that in my post. Definately something that should have been included. Thanks again zigbie.
midas
Week 1 Cinci +3
It doesn't get any easier than that. Lock of the week.
Midas
Update PBLS
Pinksheet
IMO, we go no lower than this. The positive doji's are signaling that a change in trend may be coming. The fact that the doji's are closing at the top is very bullish and indicates that the bulls may be starting to take control.
PPS - Trending sideways now forming a good bottom.
RSI - as i have stated before RSI is staedily moving uptrend, this is something that hasn't occured in quite some time.
M/F - negative M/F is decreasing and starting to rise to the upside again. Previous positive M/F is still way larger than this neg drop we have seen. This means plenty of us are still here.
A/D - yes we lost some ground here but a good run up will bring us back to previous levels and more. I think when it runs it will run harder up than it came down. Lot's of shorts will need to cover in a hurry.
Stochs and MACD - are in position to support a very strong run here.
Chart Pattern - we have an identical pattern forming in the chart. May 29th's and Aug. 25th's long white candles followed by a series of red and stabilization of the PPS. RSI and Stochotics are near identical here. To be fair I have charted several patterns in the chart that have failed so don't hold your breath for too long.
Chart - 6 month daily
Update PBLS
Pinksheet
IMO, we go no lower than this. The positive doji's are signaling that a change in trend may be coming. The fact that the doji's are closing at the top is very bullish and indicates that the bulls may be starting to take control.
PPS - Trending sideways now forming a good bottom.
RSI - as i have stated before RSI is staedily moving uptrend, this is something that hasn't occured in quite some time.
M/F - negative M/F is decreasing and starting to rise to the upside again. Previous positive M/F is still way larger than this neg drop we have seen. This means plenty of us are still here.
A/D - yes we lost some ground here but a good run up will bring us back to previous levels and more. I think when it runs it will run harder up than it came down. Lot's of shorts will need to cover in a hurry.
Stochs and MACD - are in position to support a very strong run here.
Chart Pattern - we have an identical pattern forming in the chart. May 29th's and Aug. 25th's long white candles followed by a series of red and stabilization of the PPS. RSI and Stochotics are near identical here. To be fair I have charted several patterns in the chart that have failed so don't hold your breath for too long.
Chart - 6 month daily
i have to disagree and agree with santa, they stated they are putting the financials together and thus the quiet period. IMO, Best Jets was the last deal to be reported until the financials. IMO the financials are nearing completion and will be reported soon. I will be posting the techs today on what i see. I see another pattern in the charts i will report. But then this is all just My Opinion.
midas
yes, it is good. just remember those reduced shares are Authorized shares not Outstanding shares. The reduction will have no affect on the float. all it does is signal to investors that they are not looking to dilute which is very positive and forthcoming by management.
Update RLTR
Pinksheet
This one probably moves Monday morning and all week. I will throw one word of caution out here. I have been following some stocks that technically and fundamentally should have taken off, especially following good news they released. They didn't and went down hard following the good news. This stock is already up 1600%. It may already have the last news factored in. It's a pink so it's possible they may play this up and then hit it down hard. Just be careful as always. Look for it to at least test the last high.
Price - pattern shows a flag/pennant. Looks like it may be looking to double up here.
Volume - The volume spike and white candle friday was a signal that this one could be ready for more. If it does run look for heavier volume than in the past. Volume is an issue if you are looking to trade a large block of shares. Volume has only peaked over 2mil in the last year 4 times.
M/F - very solid over the last year.
RSI - is 67.88. The same as when it took off real hard last time. That may confirm in conjunction with the volume spike, the large white candle, and upcoming launch on tuesday that the flag/pennant and double are possibilities.
A/D - outstanding over the last year.
Stochs - are in position, as last time, for a hard run up.
MACD - is way up but should be a none factor if it runs again.
One more word of caution before the chart. PPS is up approx. 1600%. Be careful of a head fake up and a hard slam down. May or may not happen just be diligent.
Chart - 1 yr daily.
Update RLTR
Nice pick fringe. This one looks like a winner IMO, and ready to go Monday into Tuesdays launch and beyond.
Fundamentals - excerpts and links.
ReelTime Significantly Reduces Authorized Shares, Also Retires 4,700,000 Shares
Tuesday August 15, 8:30 am ET
SEATTLE, WA--(MARKET WIRE)--Aug 15, 2006 -- ReelTime Rentals, Inc., http://www.reeltimetv.net (Other OTC:RLTR.PK - News), the first broadband network offering a true full screen, DVD quality, "point, click and watch" online television experience, announced today the Company passed the necessary board resolution to significantly reduce its authorized shares, from 500,000,000 to 150,000,000, a reduction of 350,000,000 shares, effective immediately. In a related move, the company announced the retirement of 4,700,000 shares.
http://biz.yahoo.com/iw/060815/0154074.html
ReelTime Rentals, Inc. Acquires New URL: ReelTime.COM
Friday August 25, 8:30 am ET
SEATTLE, WA--(MARKET WIRE)--Aug 25, 2006 -- ReelTime Rentals, Inc. (Other OTC:RLTR.PK - News) has purchased a new URL, www.ReelTime.com. The web address was purchased for a combination of cash, stock, an autographed Eric Metcalf action figure, and an agreement to feature a banner ad on the ReelTime website for the previous owner's site for a period of two years.
http://biz.yahoo.com/iw/060825/0157330.html
The website listed in the PR, www.reeltime.com, does not work as of yet but this one i found in another PR does, www.reeltimetv.net.
ReelTime Enters Into Agreement to Offer Porchlight Films & Television Titles
Tuesday August 29, 9:00 am ET
SEATTLE, WA--(MARKET WIRE)--Aug 29, 2006 -- ReelTime Rental's, Inc. (Other OTC:RLTR.PK - News) (www.reeltimetv.net) announced today that they have entered into an agreement with PorchLight Entertainment, a major independent production and distribution company, to non-exclusively offer family movies and children's entertainment from their extensive library of over 200 feature films and 600 half hours of children's programming. A number of selections from PorchLight's rapidly expanding Non-Fiction and Music Division will also be included.
Titles in PorchLight's library include many award winning feature length movies and series that have aired on Showtime, The Disney Channel, HBO, The Sundance Channel, Lifetime, ABC Family, The Cartoon Network, Starz, PBS and more. A number of children's properties initially offered on ReelTimeTV.net will migrate to ReelTime Kids when the independent online children's channel is launched sometime next year.
http://biz.yahoo.com/iw/060829/0158099.html
Not a huge selection but in the MN1 interview the CEO stated more agreements are to follow. The new childrens channel, launched next year, ReelTime kids, should prove to be lucrative.
ReelTime Successfully Completes Beta Test
Tuesday September 5, 2:45 pm ET
SEATTLE, WA--(MARKET WIRE)--Sep 5, 2006 -- ReelTime Rentals, Inc., (Other OTC:RLTR.PK - News), the first broadband network offering a true full screen, DVD quality, "point, click and watch" online television experience, today announced that it has successfully completed its closed beta test prior to the public launch, scheduled for September 12, 2006.
http://biz.yahoo.com/iw/060905/0159930.html
The fundamentals are solid on this one. With the launch set for Tuesday this one should move starting monday. Unless 'they' keep it down monday to acquire more shares but i don't know if they can hold this one down, IMO.
Read following post for Tech. Analysis.
GLTA
Midas
and the point, once gotten across, is really all that matters, pretty chart or not, keep up the good work guys!!
p.s. maybe i need to insert nice little pictures in my post's like you two, LOL, love that mm pic king, have a good evening, or well night anyway
midas
hey king,
haven't had much time to post but yes fringes charts are Mack Daddy aren't they.
shout out to you to fringe and i will try to get some work in later
later fellas
midas
that 750mil could possibly save this companies butt from a hostile takeover try, that's a nice poison pill they have sitting there isn't it
Update PBLS
well today was positive day to me, we tried to go up but got pushed back down, the important thing is we didn't go down and held the line in the sand.
PA if you ever read these posts now's the time to strike, throw us a bone buddy, heck forget the bone how bout some prime rib!!!
6 month daily
Update FMNJ
Pinksheet
Pretty much my only bright spot of the day.
PPS - up .002. Fifth straight green day. As you can see last trend and spike up lasted weeks with heavy PPS increase last 4 days. I certainly don't know if it will trend the same.
Volume - Heavy increase in volume today. Steadily increasing over last 5 days. Over 4.3mil today.
Stochs - This one in the past had no problems trending btw 75 and 100 during the extended uptrend.
M/F - just turned to the upside.
All indicators say this one is ready to go. Only question is how long and how high. Isn't that always the question though. Sometimes i think we have a better chance throwing balls at milk bottles at a carnival.
6 month daily
Update IHHT
OTC.BB
This one also showed more signs of life early on. Only real change in techs was volume, over 1 mil shares. The techs are in place. Volume is what we were looking for and it increased as per last post(link back). Much more volume is still needed to move.
6 month daily
Update PBLS
Pinksheet
showed some life early on, held bottom, about all i can say, no change in the techs, wait for tomorrow and tomorrow and tomorrow, seems i been waitng forever now, would have liked to have seen a positive day, oh well, i'll track this one unless it breaks the double bottom, then it's gone till it improves
6 month daily
Update SFPS
not much to update here, down .007 at one point, rallied back to -.001, just don't know what this one is waiting for, holding support at .05, anymore down and this could get ugly, not one single pattern i have been charting has come to fruitation, go figure!
the stock is just way undersold, between the positive M/F and A/D you would think something good should happen, possibly the players have not had their fill, ???????
6 month daily
Update FMNJ
Pinksheet
FMNJ looks like it might be ready next week
Current News
Franklin Mining Announces Cerro Rico Holds Over 33 Million Ounces of Silver, Fourth Vein Shows Potential Reserves of Over 11 Million
Tuesday August 1, 7:30 am ET
http://biz.yahoo.com/iw/060801/0149405.html
at $12.95 per oz. that's roughly $427,350,000.
PPS - moving up last 4 days on increasing voume, just lacking the heavy volume needed to really make this go.
M/F - is really the only thing i don't like on the chart, but i have seen good moves come off of neg. M/F, currently up to 0.
BB's - squeezing up real tight.
RSI - everytime you see RSI trend up like it is now it has been followed by move up when it hits a little over 50, currntly at 48.88.
A/D - not impressive but holding steady.
Stochs - currently uptrending coiled spring, most up moves have come off of this pattern.
MACD - crossed over four days ago and is still good to go.
6 month daily
Cincinnati
sorry retraction and correction of pps prediction - .02 to .03+ by friday
Update PBLS
no charts this time, no TA this time, this is an open letter to all shareholders, after reading so many recent posts it has occurred to me that this board has lost focus, the scope of thinking here has been extremely narrowed, this is not a put down to any investor here, but i think it's time for all shareholders to go back and re-read every PR dating back to sept. 6 2005, i will provide the links
http://finance.yahoo.com/q/h?s=PBLS.PK&t=2005-09-15T07:00:00-04:00&id=20099988
http://finance.yahoo.com/q/h?s=PBLS.PK&t=2006-07-19T10:44:00-04:00
http://finance.yahoo.com/q?s=PBLS.PK
it seems to me that you all have forgotten what had brought you here in the first place, the company is not just about murphy sand and gravel and pro-gas, although they are a major part in this company there is way to much more here than what this board has focused on lately,
Murphy Sand and Gravel
Pro-Gas
Mid-South/Rome Oil & Gas
Sam's Oil Country Inspection Services, Inc.
CM Ideal Energy Inc.
Ideal Energy Directional Drilling Services, Inc.
TCB Properties
United Soils
Best Jets Group
Best AeroNet, Ltd., Best Jets, Ltd., Best Jet Parts, Ltd., Best AeroNet Aviation, Ltd, Jet Makers, LLC, Peaks Aviation Services, LLC, Butterfly Cove Holdings, LLC, Artist Air Ltd, and Pillar, LC.
i have re-read every PR from Sept. 6 2005 and i have to tell you my eyes are now wide open and i am salivating at the mouth, the potential of this company is so astounding it boggles my mind to here any negativity at all from anyone, but no one in particular, it boggles my mind that i can purchase a share in this company for under .02, read the PR's, a .02 company with close to 2bil in assets, i need to sit down, wow i am sitting and i am still dizzy
i am urging, no pleading, with all investors to re-read every PR from this company, if after reading these PR's you still cannot see where this company is heading, please sell your shares, please bring the PPS down more, i have been loading up and would love to load up more sub-penny(but i seriously doubt i will have that opportunity)
READ EVERY PR
after reading the PR's i cannot find anywhere that PBLS has anymore acquisitions in the works after Best Jets, IMO Best Jets was the final piece of the puzzle and we may not hear of any more acquisitions until after audited financials come out, then again i may be wrong, we'll see
i'm going to make a prediction, .03 - .04 by friday, now with the full force of players back from their hamptons palaces and motor yachts september is gonna rock!
midas
Update IHHT
OTC.BB
6 month daily
PPS - bid and ask steadily moving up last for days.
M/F - as you can see money has been pouring into this company since the acquisition and name change.
RSI - has bottomed, reversed and is steadily on an uptrend. Plent of room to go.
A/D - has moved from a volitale state to a steady and slight upturn since the acquisition.
Stochotics - have turned up with plenty of room to go.
Macd - has crossed over and looks ready in conjunction with the other indicators for a move upward.
Volume - of coarse there's always a negative, volume will need to increase for any significant move up, next week look for the volume increase to bring it up.
6 month daily
Added IHHT
OTC.BB
Fundamentals
formerly Senticore INC., a business developement corp., completes aquisition of Integreated Health Technologies and transfer of assets. Renamed to Integrated Health Tecnologies(IHHT) with new business focus on healthcare related products.
Form 8-K for SENTICORE INC
http://biz.yahoo.com/e/060608/ihht.ob8-k.html
change in directors or principle officers
Form 8-K for SENTICORE INC
http://biz.yahoo.com/e/060802/ihht.ob8-k.html
notable in 10QSB, click link to read the full report
from 10QSB
Cash flow. Since its inception, the company has had $5,275 of revenues ($5,000 of which resulted in us receiving stock in lieu of cash). Absent cash flow from operations, the company reported that "...we plan to continue to fund our operating expenses through the issuance of our common stock for cash and to continue to borrow from certain shareholders or unrelated parties." The Company now requires all of its portfolio companies to provide a percentage of their gross receipts from sales and services in order to reduce the problems faced by an absence of cash flow and the need to issue additional shares or acquire loans. For example, the cash flow for July of 2006 alone was more than 4 times as much as the company previously experienced over the past 7 years.
http://biz.yahoo.com/e/060822/ihht.ob10qsb.html
reports $1.5 mil in other revenue as opposed to a loss last quarter of ($255,000), remember this is a business dev. company, they have no operating income but derive their income through the performance of their portfolio companies, also they will soon report operating income, i believe, as they start to take a percentage of gross profits from their portfolio companies as noted in the above PR.
http://finance.yahoo.com/q/is?s=ihht.ob
this might be an up and comer and i will provide tech analysis in the following post
Midas
Update PBLS
Pinksheet
i'm throwing this post in because a possible reversal might be in play, several people have claimed that there is nothing in the techs to support a move back up, i have to disagree, there isn't much but there are a couple things to watch
6 month daily
PPS - looks like we might be at a double bottom, this has not been confirmed yet as we are still in a downtrend,
RSI - bottoms and tops show significant improvement and might confirm reversal if the trend continues, haven't seen RSI bottoms and tops actually move UP in a while.
all other indicators are inconclusive for any move back up at this time.
6 month daily
Update PBLS
Pinksheet
as per my last post, link back once, i'm throwing this post in because a possible reversal might be in play.
6 month daily
PPS - looks like we might be at a double bottom, this has not been confirmed yet as we are still in a downtrend, any significant move down and i will have to suspend coverage on PBLS as severely underperforming, any move up next week and i will continue as the double bottom will have been confirmed.
PPS - at or near possible double bottom.
RSI - bottoms and tops show significant improvement and might confirm reversal if the trend continues.
all other indicators are inconclusive for any move back up at this time.
6 month daily
Update SFPS
Pinksheet
2 charts and commentary. 6 month daily and 10 day intraday. Scroll past 6 month chart for 10 day intraday.
6 month daily
Although it's taken a dive down from when i started coverage and all patterns i was charting have failed i believe the bottom may be here at .05. Strong support here at .05 but if support fails next level is .025. I don't think that will happen and i will give you my reasons why.
Stochotics - Everytime stochs hit near bottom there is some movement up, not a big move, but at least up. We are near bottom now.
A/D - pps decline for 3 months while A/D continues it's movement up. Shares that are sold are being bought right back.
RSI - at 34.8 has only hit this level once in a year. That was followed by a small move up. At this level the stock is extremely undersold.
M/F - is trailing off again. That was followed by the big move up. All patterns i was charting failed so this can only be taken as an unreliable pattern.
6 month daily
10 day intraday
this chart shows a decent picture of a possible reversal in the works. techs are set up well for movement come tuesday.
PPS - has hit around .05 3 times in three days and has held each time.
M/F - has been strong throughout the week while pps has decreased.
A/D - has increased by 2 mil. shares during the downtrend for this period.
Volume - discrepency in daily chart volume. fridays daily volume shows 151,250 shares traded, but fridays intraday shows a spike at 3pm of 351,000 bringing pps back to .055 with another 420,000 traded after hours.
10 day intraday
right on the nose santa, take a look at slow stochotics also, same pattern there also, go back a couple of my posts for a chart, wanted to post todays but, alas, i'm out of time for the night, should see some green by friday
midas