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I'm not going to even bother emphasizing how completely incorrect your evaluation on the support line is.
There will be blood in the streets!!!
Ihub- positive vibe"ish"
Everywhere else- negative
http://www.thelion.com/bin/aio_msg.cgi?cmd=search&symbol=rars
May 4th had a candle that could have easily been the "peak" but the next day proved that idea to be void. We experienced the same "peak like" candlestick yesterday and today we received a hammer.
I'm speculating that since we had a higher shadow yesterday, the hammer is irrelevant and is no more than just another green candle on this trend due to our recent PR.
The Q1 results is exactly whats needed in an intraday trend like this! I don't see how it could go negative tomorrow with positive results like that! IMO the "peak" has not been created yet and we will see higher PPS tomorrow!
Gonna have to slap the ask if anyone wants substantial shares
NITE seems to have given ICPA the Green flag. No longer holding it down, but instead riding the upward momo still buying on bid along the way.
Support is strong and has showed its true colors with its upward support line!
GOLDEN CROSS...Need I say anymore!!!
Bottom line: We are back on track for the race to 25-30 cent range!
READ THIS!
Pfeifer released some very nice Tech Analysis work earlier..
Its some great stuff & I completely agree! I'm sure you all will too!
LINK:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75405834
The golden cross shall shine!
The support is leading us upward; 50DMA will cross with current momo support
I'm not talking in terms of growth.
Just in terms of its actual value VS current PPS. Its an obvious MOMO play..but the question is whether its yet another 2-3 day pump and dump based on PURE speculation of a larger penny promo
or...
If it is truly a penny promo in the making; creating it a kind-of SUPER PUMP.
I am by no means bashing this ticker; only trying to push past the emotional barrier of buying on hype.
We will see.
I won't buy yet, Its already very overvalued in terms of company fundamentals if this "promotion" dies fast.
The first DIP on this "soon to be shortterm uptrend" should paint a nice picture of where this is going support-wise.
I would like APS to back this up!
I don't trust Moneyrunners anymore. NITE could be moving in anyday now. As soon as they do.. SEC T+3 is going to trap anyone whom can't day trades profits into a loss after settlement. That sucks
I hope i'm wrong; but if you get burnt once "isml" you can't point fingers when you get burnt again.
Very Nice Charting!
Re-post it a few times for exposure!!
Very nice daily candlestick. EOD run was definitely anticipated and anyone who hopped in should reap the benefits tomorrow with today's phenomenal Q1 results.
L2 ASK as high as $3.50"CINN"
Should break 2.93 with ease, with this healthy flowing trend!
2012 First Quarter Operational and Financial Review
In the first quarter of 2012, Kingold processed approximately 8.84 metric tons [one metric ton = 35,274 ounces] of 24-karat gold products, an increase of 17.6% over the 7.52 metric tons processed in the first quarter of 2011. In the first quarter Kingold processed approximately 970,000 pieces of jewelry, gold bars and coins, with the majority being necklaces and rings (roughly 250,000 pieces for each category).
The Company reported revenues for the 2012 first quarter of $225.0 million, an increase of 42.6% from $157.7 million in the first quarter of 2011. The increase in net sales was primarily driven by increased branded production as well as by the increase in the price of gold. Of the $67.3 million increase in net sales, approximately $35.3 million was attributable to increased branded production and approximately $25.2 million to the increase in the price of gold and the remaining is due to the gain from exchange rate fluctuations.
The Company expects a higher percent of its revenue in future quarters to be derived from its investment gold business, which generated incremental $9.9 million of revenue in the first quarter of 2012. The Company's investment gold consists of products such as gold coins, bars and certain gold gift products, which are sold to individual branch locations under that bank's specific brand. The Company typically expects a higher margin from its investment gold products than its branded jewelry and ornament production.
Gross profit for the 2012 first quarter was $11.6 million, an increase of 29.0% from $9.0 million in the prior-year period. The Company's gross margin for the period was 5.1% compared to 5.7% from the prior year period. Gross margin was lower for the period primarily because gold prices increased nearly 9% while the Company could not raise its processing fee proportionally. However, Kingold's gross margin improved over the gross margin of 4.1% reported in the fourth quarter of 2011. The fourth quarter gross margin was affected by a shift in product mix (more branded production) and initial costs involved with ramping up the Company's investment gold business.
The Company reported net income attributable to Kingold shareholders for the first quarter of 2012 of $7.3 million, or $0.13 per diluted share based on 54.4 million weighted average diluted shares outstanding, compared to net income of $5.3 million, or $0.11 per diluted share based on 49.7 million weighted average diluted shares outstanding, in the prior-year period.
Kingold Jewelry Reports Record Unaudited Fiscal 2012 First Quarter Financial Results
http://finance.yahoo.com/news/kingold-jewelry-reports-record-unaudited-200500142.html
Do you know the date of the Q1 results?
Looking for a long candlestick w/ preferably no upper shadow for close!
GREEN $
BOUNCE UP ? Early A.M?
Yes, just need to be on high alert.
Lets Get Those Post Rolling This AM!
Today is a very important day for icpa!
More News Monday Perhaps On This Topic
MORNING PR IS DUE IMO
Green Monday Morning
Two Words: Golden Cross
KEEP THE BOARD ACTIVE!! POST AT LEAST ONE A DAY FOLKS!
The trend and patterns speak for themselves. The next trading day should be the last consolidation day within this ST pennant w/ low trading range....
BUT....
The next trading day is a Monday which may jump-start the new trend a bit early. Everyone knows Mondays are volatile.
I'm liking ICPA's direction!!!
P.S PPL NEED TO KEEP THIS BOARD ACTIVE!! POST POST POST!
1 Year Chart
[img]
stockcharts.com/c-sc/sc?s=ICPA&p=D&yr=1&mn=0&dy=0&i=t59088975873&r=1336339094542
[/img]
Leading Sports Marketing Agency Partners With IC Places to Give Customers Direct Access to Book Athletes and Celebrities
Anyone else agree that Monday will bring a week of upward movement?
Agreed, monday is definitely panning out for a green open.
I think everyone here has an opinion on where this direction is going..and most everyone is agreeing on the same ground.
The only unanswered question is when...
I can't even attempt to put any "Guesstimates" together, until the 200dma and 50dma cross occurs "golden cross".
read up on it... the trend will have huge movement; it's hard to know how far the PPS will move on a technical movement like that! It is a VERY HOTTT ticker which is a massive plus
CHARTS Charts Charts
Bullish Pennant Formation:
http://www.trending123.com/patterns/bullish_pennant.html