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Thanks CB, It looks like the trend line broke today at 2.25 after the drop, it is still below the 100 ma on the hourly so a pullback is in the cards, I moved my stop up to play this tight..Luck.< Just as I posted this my stop went off, out at 2.265 live to play another day.
You all may think i'm crazy but I picked up some 2.22 today to add to my position..
Possible CB, But it will have to drop outside the Bollinger band on the hourly and it has developed a nice falling wedge that's getting close to the 2/3rds point so a drop to the lower trend line at 2.23-2.22 would not surprise me..but it just might not with support sitting at 2.25..guess we will find out tomorrow..
Took a position @ 2.26 today..
Nice job explaining V..person mark to you.
I play this semi daily 1-3 day holds on multiple entry's, This just is not a long term vehicle And the chart reflects the deterioration over time..I wish you well in your trading.
Out at open 26.82
Getting close for a move took a position at 25.97, lets see what the cards bring.
I for one appreciate your posts..Don't let the personal attacks keep you from posting your opinion..GLTY!
I see you have returned to posting here on "S"....
The SPX and the RUT-X have a nice rising wedge thats almost played out..possible this week for a breakdown, looks likely next week for sure.
Nice post realfast.
Played the bounce, it dropped below the bolly band...good for a quarter or more on the pullback.well see
I am going to take a little position here 26.19....just can't help myself..
Just great..Now whos ball are we gonna play with?
Come ride the slope's with FAZ....Weeeeeee
Just remember to take your profit..every day is a new day..GL
The volume alerts are going off now..
Nice to blame your under-performance on your vendor..radio shack needs some balls to increase its sales not finger pointers.
Possible double bottom @2.13 on the hourly...
Not to put a damper on things but does that figure include overseas purchases?..Just saying that apple had to close their stores because they ran out of phones in china
Mahalo Cifikea, I always value your opinion.
How can you play this NIT, take a week just to get out.
Hello Cifi,its been awhile, what is your take on this stock, more down side or bottoming?
Looking at the action on this today I would say the shorts need to regain control "fast" or this is going to pop..I think I'll stick around for a while..
Seems to be holding above the 100 on the 5 min...might even move up from here..good luck lotto..
Nice little pop..lets see what's in store for EOD..
I picked up a few at 2.13 today as well..good luck to us
I'll just say that Elcheepo has hit the trend more than not, as for others they keep hope alive.
I did not see a tech. breakout. I have the upper trend line at .0075 right now and declining ,It dates back to the May high and has been tested numerous times and has failed every time... Change your charts from arithmetic to log and the pattern come together...
Agreed mappo, nothing to do but wait and watch the price deteriorate...GLTY!
That's the problem..They keep repeating the same "OLD" news about KATX....no one is going to buy at these levels with no volume and no news...Its at the point where Dilution is now expected to come any day..And nobody wants to ride that train.
Not a good prognosis to say the least.
Just not enough volume to trade this right now...lowtrade is right, I see a good opportunity for a swing but how are you going to get out with your profit?...needs some pump or this is just chump trading.
Cooky
Looks like end of week covering
Looks like the covering has stopped...Next leg down?
Never could get my kitty to shake like that..LOL
A little cloud cover to start the week off.
Dilution machine is printing..
Maybe Santa will let KATX use some reindeer...