make hay while the sun shines
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Shorts are 3.14% of float.
Promise? GNTA also.,
"When Cano Petroleum, Inc. shares soared from $0.061 on November 30th to a high of $0.225 on December 2nd, it was a fun ride, but shareholders were understandably worried that the rally was just too hot to last. They were right, too. By the 6th, CFW has hitting lows of $0.12, leaving the market to wonder if this was yet-another fakeout move, drawing suckers in just long enough to let someone else out of their holding.
In retrospect, however (after yesterday's move), CFW is looking less like a failed rebound effort and more like a chart that just took too big of a first stop and got a little wobbly out of the gate. The retreat to $0.12 was a healthy 'reset'. The 20-day moving average line perfectly played a support role, and appears to have rekindled the uptrend started a week and a half ago Cano Petroleum. The biggest bullish tipoff, however, is volume. All the 'up' days have been on stronger volume, while the two 'down' days in the middle were on weak volume. "
Huge volume in 30 min, around 40+ mil. We'll see a double today once news gets out and 100's of mil in volume comes in.
Yeah, it's time for a big white candle. We'll see more volume, same as yesterday. 10day-60min MACD broken thru starting next run.
DEXO
DEXO
I'd watch out going short here, Jon.
Next 3-5 days are going to be solid. Leaving the computer, we'll see a big gap up tmrw am. Dexo stock news will hit the wire, we've had more volume, charts are broken thru.
Weekly Chart:
http://stockcharts.com/h-sc/ui
This baby is about to rip, i'm all in on it. I'm calling 4 or 5 days of big gains here, most likely another double. Seeya then.
Read my posts from earlier today, you would have made money and it looks as if my technical indicators are calibrated correctly. BUY MORE NOW. MACD broken through, we should see a solid 4 or 5 days of gains here.
I'd load up now if you want to make some money.
$2.6+ in the next week. MACD breaking thru, new run begins now, all shorts will cover.
1.54, getting ready to break through
Once we break through it's to the races.
1.50. SHORTTT SQUEEEZZEEEEE
1.46. Short Squeeze coming.
Chart is looking strong, holding support.
Bollinger's tight, momentum oscillators going positive. Time to re-load.
Uh oh, today could be the day we run.
Don't sell. MACD leveling out, consolidating for next run.
Shorts better cover.
My momentum indicators going positive.
Buying more, momentum headed back positive on the intra-day. It's going to run hard with volume.
Good time to buy.
Yeah, you definitely want to hold onto some shares here i wouldn't want to get caught with my pants down if it takes off overnight.
Jon, i aint worried. We consolidated and now those Bollies are ready to take off, we're headed 3 bucks shortly for this next run.
Bollinger bands very tight, Momentum oscillators going positive.
Right, we've definitely consolidated, you can see on that weekly chart how we've fought over the ground we're at now. There are no sellers left especially after today, a short squeeze, more volume and we're over $2 easy. MACD trending back towards 0 and breaking away nicely on the weekly. RSI has room for another double easy.
Sellers gone.