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lol..... eom
cmkxman
I missed AFT earlier with the alert and finally got in a few minutes ago @ .31 and it looks as if I could've entered 3% lower at .3 even. Figures. Indicators do look positive to me too though overall. We shall see.....
cmkxman
Chartinator.....I have to go in to work early now, but I entered into IENI @ $1.20 approx half hour ago. I'm looking for that pullback to the 13dma profit and hoping for the not only a filling of the gap but a possible breakout. Let me know what you think, if anything? Take care and GLTA!
cmkxman
Chartinator - IENI.....your thoughts? eom
cmkxman
Chartinator............
You can e-mail me for further discussions if desired at my "Quantico......." e-address which you'll find in your "Wealth University e-mail subscription list, btw.
cmkxman
Chartinator.......check out FCMC to further visualize the kind of price movement and pps plays I'm wanting to search for. After a huge gap down and then continued two week sell off, it recently presented a play very similar to todays SKNN.
cmkxman
No, I understand........but I'm going to shoot for those stocks that are well below the 13dma, ending a long price decline and positive reversals for majority of indicators, macd, stochs, accum/dist, adx crossover, etc. Hope that helps clarify what I'm wanting to scan for.
cmkxman
Re: CUTR.........technically yes, price-wise no. Acutally I'm wanting to focus on the SKNN priced plays of micro to small caps. A nickle to 5 dollars is my desired range for pps. Really SKNN was a perfect play as its pps was well below the 13dma and it opened up above the previous days close following a dramatic long red candle two days prior. Excellent play! Congrats on that one. That's what I'm looking for although I did just take a position in CUTR at $15.45 as all the indicators are positive. We'll see how it plays out over the next couple/few days if it moves up tomorrow.
cmkxman
I look forward to it! eom
cmkxman
Chartinator.....IBAS may very well continue its recent reversal pattern, but I'm not comfortable with it either for today and if it ain't goin' up, it's goin' down.....is the mind set I'm taking with it at this time. Nevermind IMH.
Btw, I'd like to help scan for the next best small cap reversal play to get into. I like the small caps because they tend to move higher percentage-wise, when they break-out, then the mid/large caps and they are fully reporting companies that can offer safe volume levels. My intent is to present my picks to you and let you make the alert or give reasons why it's not a good time to enter. I'm looking for semi-lengthy downtrend reversals and I want to present them before they are trading back up at the 13dma or other points of resistance. Can you provide a site which offers a complete listing of small cap tickers? I'm not a paying i-hub member so I'll have to present them to you on board. Let me know if I can help you find the preverbial needle in the haystack.
cmkxman
Me neither! I'm out with a penny loss folks. I may regret it but I'm not thinking so at the moment. GLTA!
cmkxman
Morning fellow university students! How do you all like that spread on IBAS?
cmkxman
ditto to that.... eom
cmkxman
The 15 min chart for IBAS shows it looking -20 oversold and it's held that $5.35 now for the last two hours. Maybe we'll see an eod run?
cmkxman
IBAS still showing great support @ $5.35! Hopefully we'll see $5.45 today!
cmkxman
Excuse me my error and let me restate..........I see the previous HOD of $5.45 for yesterday as being the next real point of resistance for today. Still looking good to me for a continued hold. GLTA.
cmkxman
I see the previous close for IBAS of $5.45 being the next real point of resistance. If it trades a hair above that, then it may very well be good for the 20dma or better. I'm holding to let it run today as much as it will and keeping a tight stop loss in place, just in case (as I do now with every trade). GLTA.
cmkxman
I want to see a nice solid punch through the 13dma before I'll feel overly comfortable with it, but I'm seeing sure and steady support for IBAS thus far today. You just may have presented yet another good gainer for the University portfolio!
cmkxman
Finally a nice bid wall for IBAS @ $5.31! Maybe we can see that 2800 shares @ $5.33 disappear and move up for whatever IBAS may offer today. In at $5.27 earlier. GLTA.
cmkxman
"Good question. I'm on a mission to follow that 3% chart and I want to become a millionaire as a result of trading the right stocks. Many would laugh at that goal, hell, I'm chuckling even now. Will I get there? Dunno. The odds are most certainly stacked against me in my opinion. I believe though that the 3% chart helps to narrow our focus into smaller steps.
Can I do this on my own? Most likely I cannot. My belief is that by creating something very different here on Ihub and by attracting a following of very intelligent people...all educating one another...that the greater whole of us will be much stronger than any of us individually. I'll give help along the way and get help along the way. I'll either succeed or fall on my ass but you certainly have to see that I'm very dedicated in my effort to get this done. There are some very intelligent people visiting the board here and I believe all of us will be able to walk away with something."
I like this post of yours Chartinator! Consider my thoughts..................If you are trying to make a million from 200 odd 3% gainer trades...........and if you only averaged up 3% for your total once each week........you are only looking at four years time frame to make your million. You've almost plowed through a years worth of trades thus far. Not I, because I stayed out and observed until just recently, but, and nonetheless, I'm looking at trying to at least achieve a quarter to half million in profits in four years. I feel very positive about our prospects here as long as we all keep it transparent, honest, and positive with a little due diligence added to the most important factor.......consistant skilled technical analysis and quality charting over the months to come. You bring the "alerts" and we'll bring the volume and support! I'll offer up my own alerts when and if I come across any plays that I feel confident about. I look forward to next week!
cmkxman
I have to say that I'm really surprised by DFC today. I'll probably resent myself for getting out at $1.82 but I was looking at the large numbers at the ask and I couldn't help wonder if it would even hold it's open. Now the bid builds at $1.81. Whatever. On to the next of course.
cmkxman
I just sold at $1.82 and it filled immediately. I think I should have held. I'm ahead though and it helps. GLTA!
cmkxman
Still holding............
Mean ol' market makers.........
cmkxman
I'm surprised DFC didn't hit the $2s yet this am but I think we may still see it happen today. I'm not selling unless it breaks through my stop loss. Good luck to us all and thanks Chartinator for yet another good play of many thus far.
cmkxman
Well we're betting our money on it going up sooner than later so let's see what tomorrow brings. I stayed out of DFC until eod to make sure it held and to see if I couldn't either get into it at a lower pps or to bottomfish AGIX and get some of my money back from it, but I waited too long on both. Oh well, huh? Whoever bought in at the .39 bottom on AGIX did well for the day. Have a good evening fellow chartists and university students!
cmkxman
The last Clearstation.com book value number for DFC is $4.88 which helps confirm Vectorvests numbers. That's no small thing. The pps always gravitates to the real value of the company. I think we have a real winner here regardless that 4600 block at $1.72. Anyone short on this is going to get a squeeze at some point in the not-too-distant future, imo. Good find Chartinator!
cmkxman
DFC - Vector Vests undervaluation numbers, the bullish engulfing pattern and the positive macd crossover is the reason I'm in. I hope that 4600 block goes away between todays close and tomorrows open. It was 6800 a minute ago so hey......
Maybe tomorrow will bring a nice upgap?
cmkxman
What websites can we scan for exhaustion gaps and other technical indicators like candlestick patterns, hammers, morning stars etc? I use stockcharts.com but it's lacking! Does anyone here use a stock scanning site that's an improvement over and more accurate in terms of true indicators than stockcharts.com?
cmkxer
When I entered I was half expecting that it would likely trade down to it's open to shake and find a solid hold. And it did shake. The problem is that it could continue to drop and then I'd really be out a lot more than 5%. Got to stick to stop losses. We should have watched it and helped bring it up from its almost required shake. Tomorrow will likely be an excellent gainer for those in at $1.18/19. Oh well, on to the next one.......
cmkxer
I took my 5% loss and I'm counting my blessings. I hate these losses. That's my usual type of trade.
cmkxman
I didn't trust E-trade and missed it but SCT looks good to me. In at $1.25. Let's see if we're right.
cmkxman
Chartinator or whoever can answer my question..........
I find the "Hammer" candle indicator to be highly profitable. The only way to be to take best advantage of the hammer is to be in the stock just before, or as, the hammer occurs. Intraday chart scanning is a must but I don't have a site that provides what I need. Can anyone give me a list of sites which give intra-day full market scans for largest percentage losers, etc.? Real time is almost a must but I don't want to go broke paying for the service. I think that "hammer" candles would be a good play for this board anyway. It's a pretty safe indicator to base trades on imo. TIA!
cmkxman
lemmy - Re: AGIX..........I've watched these stocks long enough to know that the Market Makers are skilled at playing traders for emotions, stop losses, and base busting fake outs. Having hit it's previous low of .61 the M&Ms could very well bring it back up to a couple percent gainer for the close of day or they could take it down eod to a percent or two below .61. I'd buy at this base for a bottom fishing play myself with a relatively tight stop loss, except that I'm not day-trader approved so I risk being tagged as one with all the fees, etc. The changing of laws for the day traders have definately worked in the favor of the market makers. Imagine the odds of that being the case! On to the next Chartinator alert. I'll be choosy but I'll be watching. Good luck to you lemmy!
cmkxman
Re: AGIX - I guess I'm grateful that I didn't hold out for the 14% loss and opted for the 4% loss early on instead. Correction.......make that a 15 percent loss at .62 even. Nice.
cmkxman
Should have sold AGIX at .71 when I had the chance. The bit of a gap up this am fooled me into a sense of false security as I expected at least an attempted run to the 13dma. Should've known better. Took a solid 4% beating at .68 and missed DEIX. Shorters are in control. Nice bearish engulfing pattern today that somehow I don't think is going to reverse itself in a bullish way over the next couple days. It was profitable to some nonetheless and still a decent recommend. Excellent call on DEIX chartinator!
cmkxman
Sorry lemmy!!! LMAO!!! I wish I could forget it. LOLlol
cmkxman
Your welcome of course, and I expect that it is the first of many succesfull trades. Thanks again!
P.S.......The only thing this board is lacking is the little smiley guy faces to add to our communications and liven it up even a bit more, imo. "LOL"
cmkxman
CMKX SUX
Chartinator............I followed you from Sheffs board and have watched to see how your charting expertise might pay off with your relatively new board, and I must say that today it's paying off for me today with AGIX. Today was my first trade day based on your recommends. I took the plunge at .71 and I'm ahead albeit not as much as yourself at .68! Very good history for you, great promise for the rest of us. I appreciate your positive posts, reputable recommends and sound candle charting based methods of trading. Great board! Thanks for you and your admins!
cmkxman
***CMKX*** Stockscam of a lifetime!
Looking at a one month chart for this months trades, there was only one day of high volume and that was a 99 million share trade day on the 15th of November. That was a huge volume day to absorb some of the apparant dilution from the company, but all other days were in the thousands or low millions for volume both preceding that day and following. So we have something over 100 million additional dilution shares at .0001 and .0002 to add to the pot for the congestion factor to slow any rally as far as I can tell. But I'm not sure we're not going to rally as so many other pinks were unable to before disappearing from the charts. Anyone have any good thoughts regarding the dilution factor? Are we seeing nothing more than a small .0001 base bounce before the usual reverse split upon the typical return to .0001? Or, did we just experience the big shakeout before a Meuse miracle man reverse merger move? I'm able to break clean at .0005 but I'd like to do a little better than break even; of course. Thoughts?
cmkxman
Thanks Rattle. I appreciate your insights as always! Even if only one insider actually bought, it's still 3 million shares purchased, so I think this is a decent insider play. It may be a couple three more down days after today before a reversal sticks but maybe not too. GLTA.
cmkxman ***CMKX*** Stockscam of my lifetime!