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I always assess a company's finances & cash, especially biotech-pharma before I ever trade it. In fact I'm renowned for that as a major rule of criteria necessary before touching a stock like FCSC, & hence I am not solely dependent on technicals like a common blind sheep in the market.
But random anomalies can occur, & $FCSC pulled that on the public by doing another round of share offerings after having doing some recently already.
That said, I think this may be close to pricing in the July 27 filing.
We'll see
It did another share offering filing 7/27 after they just did one in early July 7 after they did one I think not too long before that!
http://ih.advfn.com/p.php?pid=nmona&article=77954891
That's why it fell after July 26 when candlesticks were looking good
It's getting really oversold though, so I'd be looking soon for stability and potential entry point (for a short term trade)
It was 'Basing' as of yesterday from 2.13 prior support which had lasted about a week--- when I made the post.
It was on July 26 showing great signs with a nice green candlestick trading up toward 2.33 along with the standpoint of an entry under 2.20, so one can't fault me for pointing out that it looked like FCSC was in early stage of turning back upward yesterday.
Of course though after witnessing it break down some more today to 2.05 as the latest new low, one has to re-assess & wait to see yet what happens with an objective open mind.
In the short term this can still be close to being ready for a trade higher (despite a longer term down trend which is common for these types of stocks). Again, we'll wait and see what develops.
Below is a July 26 after market close quote from AmericanBulls.com which substantiates the premise I made July 26 as a reasonable speculation.
I made my post hours before their website later in the evening updated to post below the Buy signal generated from their computerized candlestick analysis.
Also note that I'm only using them below as an example to support what I stated regarding technicals as a reasonable assertion on July 26 & that I'm not abdicating that the website below is the ultimate barometer to follow in general or anything.
----------------------------------------------------------------------------
$FCSC {Quoted from AmericanBulls.com}:
Signal Update:
July 26, 2018
Our system’s recommendation today is to BUY. The BULLISH HARAMI CROSS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 2.2050, and our valid average buying price stands now at 2.2100.
Last Pattern:BULLISH HARAMI CROSS
Pattern Description This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern.
$FCSC ~ Appears to be starting a nice gap upward since this morning from 2.15 & coming from the recent support level of 2.13 established since last week.
It seems it was a nice low floater type of opportunity (with a decent combination of liquidity, too) that was available for entry under 2.20 earlier this morning.
We'll see where it goes yet & if it is setting up for a break out higher. Speculatively at an early stage yet, it certainly seems poised for a reversal & a break out higher.
So far in 2.30's this afternoon today.
I can totally understand where you're coming from when it comes to these msg boards in general, but if you're referencing me, you have it wrong on a presumed categorization.
I cited in my reply to you earlier some evidence (as one recent example) my post where I said people (who are capable) should take profits last week July 18 right after the .67 high hit on $DPW which was correct; indicating that I thought it likely had a pull back coming--- showing my credibility in that instance.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142293411
I did not mislead anyone there & helped anyone who followed it. I factually did alert this privately @ .52 Limit on July.
I also did well on other bitcoin related trades such as $GBTC around same period.
***You just happened to see me here on a good trade with $DPW, and for your convenience you perhaps chose to label me without doing any research, which is common for people on message boards to do also (presume about others without knowing them).
If you research my history you will see I'm not a standard promoter that claims only wins 100% of the time and that I'm NOT someone who misleads people with malicious intentions.
I recently got stopped out on $CL*X earlier today (a recent example of a trade that was not profitable), so yes, I do not win always as some other random posters on boards may claim at times.
You just happened to see me here on $DPW referencing my in-out activity.
I hope this clears things up.
Otherwise, think whatever you want.
GLTU
I was not implying anything really intellectual by management in the motive of the contract news this morning, which buffered the bad news from last night's S-3 filing, but I was really just appreciating or pointing out the coincidence that prevented a huge drop today.
{Contrary to your premature presumptions}
I traded out of this last week (July 18) for a nice profit (for private followers) from .52 limit entry in early July, & since July 18 I posted & warned about a likely pullback due which has been happening since the .67 area recent peak last week.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142293411
GLTU
Starting to show worsening signs since 7/23 all of a sudden. If this drops below .50, it could drop much lower yet (before finding a new short term bottom). I'd use .50 or .49+ as a stop-loss area based on what I'm seeing now.
It was showing nice potential the last few weeks since late June, but now it looks to be wanting to teeter the other way (downward again).
Also keep in mind this stinker is due to put out earnings possibly in about 2-3 weeks (early August), so watch out! Although it has a decent amount of cash, it could disappointing in earnings and be a negative potential catalyst.
$CLDX could eventually have a nice run in coming months at some point, but unfortunately in the shorter term it is still looking negative.
Anyhow, just calling it like I see it. I was long & wanted it to go up the past few weeks, but won't hold this thing for a (large) loss & would not want to mislead anyone following to do anything different.
This would be down huge today if not for the contract news $DPW put out this morning & the fact bitcoin is rising today. (Which was quite slick timing by DPW)
https://ih.advfn.com/p.php?pid=nmona&article=77920600
Otherwise that S-3 Share offering filed last night would've killed this today.... But there's always the possibility of tomorrow!
$CLDX ~ Still Holding over .50+ since late June while gradually & stealthily coming off of the .48 low. This stinker could soon suddenly go either way, but the indicators are showing reasonable likelihood it has short term bottomed & could eventually pop up higher yet, maybe to .60+ at least.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141989404
The RSI gradually strengthening as one basic example, indicating a good chance at a bottom since late June while portending a reasonable prospect it's due for a good move up higher yet in the short term.
Between April-June, $CLDX priced in a lot of bad news & got beat down quite hard with very little upward movement, so based simply on technicals it is very oversold & statistically due for something better in the short term regardless of any news.
So we shall see going forward in coming days-weeks if the technicals are putting out false signals or not
This thing really is volatile, it moves & zips up-down like a 3x fund.
As I stated before, a great 'short term trading' mechanism.
Some may say it's a good investment, and it could be, but at the very least it is a very volatile ticker for short term trading.
My view on it for those who insist on holding it as in investment would be to also short term trade GBTC some (or any similar bitcoin related ticker) with other funds while also holding some shares for a speculative longer term run up.
$DPW ~ I hope everyone took profits who was capable (or at least started to scale out of it). I did earlier.
Not good technicals once the .58-.59 area broke down, but this is a good candidate to possibly re-enter later at some point for a short term trade.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142264543
Had a private alert suggestion since July 1 evening for followers to enter DPW with .52 Limit (or less).
LOL, it pops upward nicely right after you crapped all over $DPW & called it a "short" play. And it's not the first time for you on such stock timing.
You could've bought $DPW @ .52-.50 area the past 2 days (July 16-17) near the recent short term bottom, so you never would've been "chasing it" as you had posted. {Hilarious Irony}
My private followers & I are enjoying the ride so far into the .60's. Been entering at .52 Limit or less since alerted July 1.
Bitcoin getting a nice resurgence for you so far after that brief pullback last week again under 9 area with $GBTC. Congrats to you so far on its progress.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142145058
I missed the $GBTC re-entry after my 20% gain the prior week, but fortunately some of my recent block chain - bitcoin related trades I've kept & patiently entered are paying off this week
(with $DPW entered @ .52 Limit for private followers since July 1 & is in .60's so far today)
Was a nice quick profit last week for approx 20% after feeding off of the bottom area (near 8.50).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141940006
I'll re-enter on a pull back at some point as this is a good trading mechanism, but I'm not holding very long in this current bitcoin market environment.
I imagine some day it'll eventually have a bullish trend resurgence, but it doesn't seem to be happening quite yet.
GLTU
As of today it looks like it is stealthily inching upward, breaking above 50+, possibly ready soon for a good move higher.
We'll see.
It is overdue for a run up as it is consequently very oversold in the short term. Most negativity in the short term should be getting priced into it.
Early June I posted to look for entry some time after the NASDAQ Bid warning (under 1.00). Entering $CLDX recently after that could end up being correct for a good 'short term' trade set up:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141232597
NASDAQ Minimum bid Warning - May 29, 2018 Filing
$GBTC ~ Nice move today. Glad I got in beforehand.
Candlesticks last week indicated a potential likely bottom.
Interesting how the move in the fund today far exceeds the move in Bitcoin itself
https://www.worldcoinindex.com/coin/bitcoin
It's all over the place in after hours & pre-market, so it's hard to gauge what it'll do.
The stinker traded down to low .40's this morning in pre-market after it wound up to .60 last night in the after hours session.
It's anyone's guess, but the regular hours candlestick on daily chart since yesterday showing good signs.
10,144,262 share Buy at close of the day (today) at 16:00.
11.9 Million Buy volume today out of approx 16.4 Million total shares traded (despite the fact it had a down Red day today for 6/22).
Overall it's odd activity today including some unusual after hours trading. Add to this the recent Form 4 filings (with some insider buying) & a person's mind can go wild with speculations. Does it all mean capitulation in the short term soon?? Possibly. We'll wait & see yet what develops.
https://ih.advfn.com/stock-market/NASDAQ/celldex-therapeutics-inc-CLDX/trades
6/22/19:
https://imgur.com/KSXewdK
****************$BIOC ~ On Break Out Watch*****************
Showing Improving technicals with good volume interest since last week's it's lows 2 weeks ago.
Breaching 50 Day Average today, & on watch for potential break out higher as all the 'negatives' with the company seem to be priced into it in the short term.
$BIOC was pointed out here last week while it was crossing .20-.21 area:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141215445
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141167529
Average cost on $BIOC (for private followers) is .19-.22 area approx.
Now in the green (again) with .23-.24 area hitting so far already as of 6/5.
$BIOC up more again (as noted last week) on good volume & it's breaching the 50 day avg so far this morning today (6/5/18).
$BIOC is one to keep a watch on yet for further break out potential
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141211645
$BIOC ~ Showing Improving technicals (with notable gradually improving volume interest) since last week's low, so it's one to keep an eye on.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141167529
Up 11.5% @ .217 = close as of 5/31.
It could be set to break out above the 50 day avg (approx .24+)
$ONTX closed .4099. Support still intact from .39-.40 area for set up of possible forward price progression. So it could still move up yet after today.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141148376
Looking Good!! Everything Negative is already priced into the stock apparently in the short term, which I posted about last week as a developing possible scenario, that a short term Technical Reversal higher from under .20 could be due:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140902769
Average cost on $BIOC (for private followers) is .19-.22 area approx.
Now in the green (again) with .21-.22+ area hitting so far already.
Nice movement so far into the lower .40's today with potential for higher. Volume strengthening throughout the day as the price steadily moved upward, which bodes well for good potential yet.
My private followers were alerted $ONTX May 16 with suggestion for .35 Limit orders. There were multiple days since then before today that $ONTX was available for followers who set .35 Limit orders.
As I said last week, look for likely potential support after the stock factors in the earnings & (then) upcoming NASDAQ warning (for under 1.00 after 30 days). All events have occurred & $ALT effectively should be pricing it all in soon for the short term.
May 15:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140816469
Overall, however, in the past many weeks this has been a tough stock to anticipate a bottom on, so what I say above usually & generally would make applicable sense with these types of stocks, but future is never 100% predictable.
Since at least May this stock has had mainly one day mini spikes and then falters downward again, so anything's possible here, although it is very very oversold.
This company is it's own worst enemy. Around January 2018 they crashed their stock with Share offering news to raise money, then they do it soon again in May recently with an S-3 filing, & then quickly follow that up now in May with the R/S proposal at their upcoming shareholder meeting June 28.
However, with so many awful things recently already being priced into the stock including the R/S proposal, it might still have hope in the short term for a trade from sub .20 levels.
The R/S proposal authorization vote isn't until the shareholder meeting June 28, and still it's only an authorization if it's approved with a date & ratio eventually to be declared later down the road at their convenience.
Between now and the next couple or few months, this stock could have a big rally yet if it gets any news whatsoever as it is technical very-very beat down (oversold).
That said, I wouldn't blame anyone to fear this stock given the risks in front of it, but I wouldn't totally count it out either (as explained above).
It also is due to receive a NASDAQ Notice for 30 days under 1.00 yet this week or by next week. Once it prices that in along with whatever earnings brings (anything good or bad possible --- a gamble on earnings with stocks like this), then this turkey may finally be set up for a good short term trade entry eventually.
Hit a new high of .86 in morning, but pulled pack. At the moment it doesn't look very encouraging since it returned to .70's, but the MACD among other indicators still show potential yet for more of an uptrend yet.
We'll see.
$ALT has done this behavior before in past moves while in process of a short term daily chart reversal higher
$ALT broke into .80's today after it broke .76 resistance, as I noted yesterday would likely happen if it broke above .76.
Most likely this sees .90's-1.00 around next week based on the way the chart is setting up
(which I also stated for likely upside after .76 & .80 would be breached)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140343748
4/26/18
4/27/2018 ~ $ALT Intra-Day Stock chart:
$ALT ~ Live Chart:
P-SAR flipped to bullish 'long' trade today, if that indicator happens to matter to anyone
*****Click for ALT ~ Technical Chart*****
Parabolic Time Price / P-SAR = flipped bullish on 4/27
Nice progressive advancement since Monday (4/23). Albeit starting out slow, but seems to be gaining steam. It'll be interesting to see if it starts gaining momentum in coming days--- As it is starting to show early stage signs of that already.
$ALT acting typical to its historical movement.
It is so far acting this week similar to past reversal periods from lows, transitioning into movement higher in the short term (comparing to every approx 2 month period cycles).
Also note that a short while ago I said $ALT tends to bottom in the short term approx every 2 months, which is also typical of its average short term chart swing cycles:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140144527
(4/18/18)
Although the recent drop from March to April 23 was worse than prior short term sell offs making it harder than normal to calculate an exact bottom area, it is acting like it has in the past from a short term low.
Prior resistance (now support) was .70, which $ALT broke out of since yesterday (4/25). Now looking to see if it can break near term resistance of .76. If it does, then a good chance she'll pop hard back to .80-.90's or 1.00+
We'll see anyhow if this turd stock rallies yet more.