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freeatlast and all who are interested,
nothing has changed from my initial call on this next move.
http://www.investorshub.com/boards/read_msg.asp?message_id=5961149
I am seeing this as our next bullish move after our one month or more of consolidation and accumulation.
IMO, I'm looking at approximately 2,3 weeks of very bullish trending similar to Jan/Feb. Along with other indicators supporting that, here are some of the main reasons I'm seeing this run which is already set in motion.
1. We bounced up from the 50 MDA on heavy volume and a decisive price jump which lasted 4 consecutive days with higher volume. Very bullish indicator for another 2,3 week up trend.
2. MACD(12,26) had resisted of going below the 0 mark .. Once it was tested to that area , it quickly bounced off with heavy volume and decisive price moves. While bouncing off the 0 mark and heading up, we’ve established the overall bullish trend again. In addition the 12 and 26 MDA have also crossed over and on the move up which signals a VERY bullish trend in the immediate weeks to come.
3. Before our run, we’ve hit a double bottom in STO(5,5), the last one providing a higher low then the previous one, all showing strengthening in price and future bullishness.
4. Finally, how can I leave out our Aroons out .. using Aroon(22) we can notice a longer trading pattern that can last for weeks... Aroon Up, had crossed and shot up to 100 on April 5 indicating the beginning of a very bullish trend which can last for weeks. .. We’ve already had this happen twice in the past.. Both times have led to two weeks and more of bullish trending. Nov 24, 2004 was the first one .. And our recent run which started Jan 17, 2005 and lasted several weeks into February. They all had this same cross over to start their runs ( Aroon22 Up crossing up).
As far as every ones concerns on how far this short term run will last .. I’m not as certain. It’s a lot easier for me to spot the entry points then it is the exits. But my best hunch is that this run will have one more day in it. After that we might have a day or more stall and then a continuation .. Like I noted before, I’m seeing this overall trend lasting for several weeks. So basically I’m looking for a temporary stall starting on Tuesday. After that I would have to see what the charts will unravel for the next entry point .
There is a lot to come from this week and next .. Looking for Stratalites, 1st qt report next month, and the forecast for 2nd qt profitability. Charts are all supportive on these upcoming events.
good luck to everyone for this week !
Juststocks, thanks for the chart, I'll add it to the header .. looks nice.
stratncash, here is a good example of what price predictions can give you without using any knowledge.
http://www.investorshub.com/boards/read_msg.asp?message_id=5939819
stratncash, look at all my postings as well as the others here, we have very knowledgeable people .. you can decide for yourself what the price will be. we try to stick to TA related posts here.
thanks.
stratncash, no TA to support that ?
Juststocks, words can not express. :)
In terms of Aroons, will, and cci .. it's looking like for the short term we might have another day or so for this run and then a temporary lull.. but overall trend is continuing now from January. should be very bullish in the next 2 weeks.
wouldn't be suprised for a double ... but we'll see
fashionman, I'm using Aroon(22) more for confirming a longer term trend. what I look for is the crossover of the UP .. going up which it already has done today. Similarly to what has happened around Jan 18
Titan42, I wouldn't know .. sorry.
FYI .. another confirming indicator of a very bullish move for the next couple weeks (similar to the move started on Jan 18)
Aroon(22) has now crossed up. that with yesterdays cross of the MACD along with other supporting indicators are all calling for a very bullish trend in the next 2 weeks, similar to last run.
jamesssss, the number of shares issued are bread crumbs to the shares gobbled up just these few months alone .. with the steadily increasing share price and huge volume, the shares will be eaten up alive. let them issue more shares, we will just have to buy them all up and the price will continue moving up. Not only from a TA chart are we solid, but fundamentally our core business is solid,growing and on it's way with carrier trafic revenue and higher margins. jamesss, sit back and relax .. enjoy the ride .. no need to worry, it's all up hill from hear on.
kgoodrich, thanks ! very interesting perspective.
CORRECTION: I meant to say from January 19.
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FYI, look at Aroon(22)it's also setting up to confirm (might take a day or two to confirm) an overall long term move (similiar to what we had from Dec 19, 2004 to the middle of Feb. 2005)
FYI, look at Aroon(22)it's also setting up to confirm (might take a day or two to confirm) an overall long term move (similiar to what we had from Dec 19, 2004 to the middle of Feb. 2005)
Juststocks, nice chart ! looks good .. comparision of williams and cci after aroon has hit a high point looks like another good indicator.
Cutting Corners, no field day .. everything is going as expected .. like clockwork. :)
We got our crossing of Macd(12,26), FINALLY !! we will have a nice breakout day today (you haven't seen anything yet). Last few days have been our setup for this whole continuation from our major move in Feb.
http://www.investorshub.com/boards/read_msg.asp?message_id=5961149.
From today, we might have a couple day run at the price .. at this point Aroons, along with a few other indicators would be extremely helpful for the shorterm in finding out when that next dip will occur (that should be the least of your worries). the overall trend now is up (very bullish) and should be similar in size to the move we had in Feb (lasting for a couple weeks).
Dejavu333, we have a lot of tutorials on top that you might find interesting. I know you had some questions before .. feel free to look over anything and ask away :)
just so you know .. watch the crossover of MACD(12 over 26) .. this is what will indicate a much stronger move then a typical 3 day run(lowtrade ) ... also watch the Aroons afterwards to see the short term trend in the overall bullish one.
fashionman, it's not a theory
http://www.investorshub.com/boards/read_msg.asp?message_id=5961149
lowtrade,if you're looking for a selling point, I would look closer at Aroons only after the MACD(12,26) crosses. It still hasn't crossed for the major breakout. but we are approaching it.
Juststocks, I can't agree more.
Juststocks, yeagh good call .. i've been watching those Aroons more closely in comparison to all the other indicators since we've last talked about them .
As posted yesterday before market close (http://www.investorshub.com/boards/read_msg.asp?message_id=5945293), our continuation run has started today. It might be a little premature to call, but most indicators are up now which are confirming a stronger move to come (ex: Sto(9,3) showing a crossover up at a higher level then the last one).
Note MACD (12,26) still hasn't crossed over yet but is on the verge to. Once it happens a more explosive move will come (possibly tommorrow). Also if you like to swing trade this stock and accumulate more on the dips in the continued bullish trend, you should focus on the Aroons(5) as previously discussed on this board. Otherwise just sit back and enjoy the ride :)
rmcd, I think this could be the beginning of the continuation run we had which started from Feb.
At the time I said this today, the price had jumped over the 50 MDA with a sudden pickup in volume.
In addition to what I've always been saying about watching the merging and crossover of the 12 and 26 MA, I also picked up for the short term on UP in Aroon(5). It’s set up for a immediate spike (today or tomorrow).
These are the main indicators on my radar for now. Several others are also supporting strength and a push up including the higher support and crossover up on Stochastic(5,3)
looks like we have a technical liftoff :) this could be it .
The company is in a whole other ball park right now. very silly to compare to last years results simply based on this years fundamentals. Lots of speculation on Amex and Stratalites in the next month as well as forecasting 2nd qt profitability which are all in the immediate future. These were all non issue for most of last year.
Furthermore TA is not similar to this same timeframe last year, it's that simple.
kgoodrich, you are welcome to post away .. we are chart friendly here :)
lowtrade, agreed .. MACD , STO, and Aroons would give you the perfect combination for most stocks. And in that order.
Identify the overall bullish trend, find short term weakness, then pinpoint the exact spot for entry (within a day or two)
All other indicators for me are used to confirm the moves.
It hasn't been that much different for GTEL after the initial overall bullish trend was identified using the MACD(50,200).
william2112, Exactly !
we are a different animal now. We have a core business laid out which is creating a substantial revenue stream with higher margins, not to mention the increased attention and speculation concerning Stratalites. We weren't even remotely close last year to what we have set in place now.
TA is also supporting such a strong build up as we speak now. Unlike last year, we are technically looking for a major breakout at this intermediate point (only half way through our climb from Feb.).
Apparently having the company go up 300 percent every year isn't enough for some people LOL
Juststocks and lowtrade .. appreciate all your inquiries and TA analysis for GTEL. You've made a perfect example of what happens when minds are combined and work together.
I've never focused on Aroon as much as I have now regarding GTEL. This even more solidifies our next breakout ... from what I'm seeing .. this is a perfect storm in the making, hold on folks. We've had one opportunity days ago and another one coming shortly (a day or a few away)
Updated Charts per recent discussion on this board (added additional Aroons and Stochastic in FOURTH VIEW)
MAIN CHART
SECOND VIEW
THIRD VIEW
FOURTH VIEW
wolfrun, we are still bullish .. although fairly indecisive right now, the market is waiting to make a strong move one way or the other. We are holding around 0 for the MACD without a decisive high volume move down or up. With the price holding approximately at or around the 50 MDA, I'm still waiting for the MACD(12,26) to cross up.
Other Indications are saying we at least hold at this support and continue waiting for that breakout.
Bollinger bands are tightening up again (refer to BB5,2).
Stochastic hit a higher low and are stalling again on the crossover up … showing strengthening support.
Aroon(22) is also drifting up.
IMO, I thought the 10k would clear the indecision of how we would trade, apparently it didn't and we are still waiting for that decisive move.
http://www.investorshub.com/boards/read_msg.asp?message_id=5904623
Juststocks, Aroon 5 is timing nicely with sto. ... very simliar to Feb 7 breakout. Is that what you are referring to ?
Juststocks, stochastic(5,3) also crossing up now .. major support at our 50 MDA .... IMO this is the line that will determine the bull or bear in our trend. if we hold as we are doing, we will continue moving up from this point on.
still waiting for the crossover up on the MACD.
Any thoughts ?
Juststocks, what period are you looking at ?
TODAY'S CHARTS, including additional bb info in Main chart
Main Chart
Second View
Third View
Fourth View
lowtrade, the last request I made for a user was to preferably discuss the TA of GTEL rather then requesting TA on other stocks and how they will perform. I never said general TA wasn't welcome .. feel free to post if you have any insight you're willing to share. I just don’t want this board to become a stock picking board for other stocks.
fashionman, I would prefer we stick to GTEL .. there is another board if I'm correct that will give general TA advice on any other stock.
thanks.
fashionman, correct, market is indecisive right now awaiting news. TA is falling in place for the timed PR.
newguy13, what's your point ?? your statement has no relevance to technical analyses.
We have a tutorial section on top if you need to educate yourself and understand the overall trading pattern we are in.