Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Higher low points the past 2 days shows that selling pressure is easing. yesterday low was .0032 next .0034 then .0035.
A move below .0035 at this point would send it back down to .0032 or lower.
What we need to see now to confirm a uptrend is a higher high. A move past .0042 should give us a few green days. to .0060
Volume in the last 20 minutes has been increasing so we may be seeing signs of life.
Call your broker and ask them. I was told that when i have and otc or pink order that it is sent to one of their traders to fill my order.
I have had this happen where I place a limit order and then i move the limit, then i move it again then again and they cancel my order all together because the guy that is trying to fill it is getting pissed off because i keep changing my mind.
Anyone that has worked at a trading desk can probably answer this best.
I think of it as adapting a cell phone as a universal remote control for your life.
I will read you a quote from "Technical Analysis Explained 4th edition by Martin Pring", and IMO, one of the best books on the subject.
"These basic principles of technical analysis apply to all securities and time frames from 20-minute to 20-year trends."
ALL SECUTIRIES
I would rule out the subpenny low floaters where $50K will send them up 300% and then back down. The market participants are few and there are more distortions as 1-5 persons with a deep pockets can run the show. But to answer your original question the big player pennies do apply.
TIME FRAMES
I would break this statement down further and state 1-5 minute charts for daytrading and the signals are all the same. A 1 minute chart, 5 minute, 60 minute, day chart, it all depends on they length of time you want to hold it. I usually use 60 min charts for most penny stocks to look at 3-4 day trends. A NYSE stock which generally has longer swings like weeks a Day chart may work better.
So it doesn't matter what signal you want to use, volume rsi, macd, fibonicci retracements or even elliot wave theory. These are characteristics of the emotions fear and greed being of thousands of people, and the rules apply over all time frames, all securities.
Elliot wave theory, and in fact all TA can work on anything with enough participants. These are after all simply collective emotions on a drawing board. :)
Sorry for using this board as a PM. But it's in response to my ENTI chart I posted yesterday.
GLTA!
Great! Lets look forward to this coming up soon!
'Lots' you took the time out of your day to screen shot this, on a saturday night none the less. You really didn't have to and I can speak for many of us when I say Thanks!
I need a beer.
I Want to See Full Share Structure.
OTCBB NEXT and the bashers will be out of ammo.
Well if you check the sticky chart the channel support broke at around .026 and would have indicated sideways movement or a increase in selling and may have been a good exit. As each support level broke more people sold until the big volume spike at .01. To me this indicates we have some serious support and if we come back down to that level bargain hunters will be buying it up. It is going to take something big to push it below .01 and we should see prices above that level for the next or so at least. A recovery could be around the corner but we are definitely not out of the woods yet.
All these years and I never noticed. I see it now Thank You.
Thanks dude I don't even use adx after i got burnt hard on a adx breakout that didn't break out but it can give good signals. Usually when they pinch it can signal a run is coming. Actually look when they pinched last time, boom 1000%
Are you back in this yet or waiting for the celeb?
PR for June 7, 2010
"Ingestion of Live Data
Switching over to Load Balancing Servers"
Perhaps switching serves has something to do with it. Man too funny. Im sure Nolander can explain this process in detail.
Goig Linear Chart.
Found It!
Link Back, posted by Rustler.
For crying out loud. boom boom POW!
http://www.musicmatrix.com/videos.php?te_class=gallery_media&te_mode=view&te_key=10865
My world will soon cease to exist!
Might as well just get it over with now I suppose, anyone know where the nearest bridge is? I need to work on my high jump.
I one day imagine not to far into the future, people will be using their cell phones to contorol many more aspects of their lives.
When this happens GOIG will be poised to take the lead in this industry.. allow me to explain.
Imagine waking up in the morning and sending a text message from your bed to your coffee maker to brew a fresh cup.
Being out of range from your remote car starter and sending a text message to turn on your car on in the winter. (yes i realize this already exists)
A message to turn your oven on from work so that your leftovers are warm when you get home after a busy day at the office or in the field.
GOIG could lease personal keywords like coffee, car, stove at .25 cents a month for every individual by recognizing the sending cell phone number. They could partner with GE and FORD and whatever other company makes coffee makers to have text messaging operation features. It would be much less costly for GOIG to develop this technology and operate the service than it would be for each company to do this on their own.
Yes it's an interesting question and it was raised before on this board. Someone posted a GOIG linear chart to see how in differed from the logarithmic chart. The rising channel on the logarithmic chart appeared as an expanding horn shape on the linear chart. Remember charts are just a tool and any tool analyzed well can be beneficial. I can't remember the name of the poster but there is a member that is routinely posting a linear chart with analysis.
I personally have only used logarithmic charts as for me, it is perhaps just a comfort thing, and also the service I chart with (stockcharts) does not offer linear charts.
I am sure a linear chart if interpreted well can be just as beneficial; they are separate paradigms in the same reality if you will.
Well thanks to you and all the people that have done some FANTASTIC DD on this board. Truely outstanding!
I am feeling more confident then ever with this chart then the last one. We will see, sooner rather than later a new rising channel will materalize that gives endless trading opportunities. Lets expect another 5 wave move up in a rising channel if this chart is indeed following elliot wave theory. only time will tell. In most cases wave 3 up is the longest wave and 5 is usually the shortest wave according to the theory. We see this with enti.
Depending on your strategy the possibilities are endless.
You can try and flip it from the bottom to the top channel, or you can wait till the next 5 wave count is done and try to sell at the top, or wait until the rising channel is broken OR just hold it till you hit your price target. These are all trading suggestions that I may follow. I have my own and you all should too.
Just make sure that you have a plan and follow it. If you are not good and following a trading plan. WRITE IT DOWN AND STICKY IT TO YOUR COMPUTER SCREEN!
ENTI ANNOTATED CHART
Ok I have two theories now into this chart that many of you may or may not be aware of. Elliot Wave Theory and Measured Move Theory. I never applied elliot into my prior chart and perhaps it was a mistake as it would have suggested another move down. I don't use it often but if applied correctly it can be very effective. ALso notice that this stock moves in channels where support and resistance are parallel.
I guess I got one right....Congrats to anyone that picked up any cheapies.
looks like .0032 was the bottom. enti had 3 straight days of selling, this should be a reversal and see a few updays from here.
There will always be 1 buyer and 1 seller on each side of every trade. :)
Unlucky or incompetent? I wouldn't trust him to run another company after he botched 2.
Thanks for the article.
He may have been a real person try google.
I person marked him for the sole reason of keeping a tab on him and he has disappeared from my list of person marks so my guess is he deleted his ihub profile.
Such slander and malicious lies he spread to members here and I know many people actually believed him.
Oh yeah i forgot....
ENTI will be the hottest stock of 2010!
Thank you for reposting!
I just got back from mowing my lawn. HOLY SH** we closed green!
Target .006/.0067 to break and we can make our way to penny land.
Disclaimer, I am a share holder. I am not a staff member of the company.
This part intrigues me. Do you know any staff members of this company?
Hey everyone lets just relax and enjoy the ride for now. .0038 is holding up. if it breaks .0040 we could see a climb back up. It looks like that move to .0032 was under 200,000 shares. Must have been a market sell order in the morning and slipped past the buyers.
Cheers guys best of luck.
not that low that fast.
.0032/.003 perhaps.
GOIG ANNOTATED CHART
I marked our prior support levels in red to indicate resistance. Indeed .016 is proving a bit of a pain. There is a gap that may need to get filled sitting at .0119 in order to break that .016 resistance and move up to .02. So if you see a dip tomorrow don't get pissy, it's normal ;)
Happy Trading
The "gap" was from .0039 to .0043 From April 30th to May 3rd (weekend) and this gap was closed when we hit our low of .0038. The gap has been filled and I have combed through the chart and there are no other gaps that need to be filled below our current point.
My opinion is that we had a fake breakout or a false start when we rallied to .0067 from .0038. We are now in the process of coming back down to confirm our support area which is .0042-.0038 and hopefully we hold it so we can make another attempt at breaking out :) If we start to see some upward movement tomorrow we have just confirmed support a second time and are building a launching pad to really break out and leave the sub pennies behind. It may still be a few weeks before that happens. Maybe the commercial will be the catalyst.
I saw someone posted a mention of a spread sheet to mention their share count. It would be nice to know at this point the amount of the float is locked up by longs. The tigher the float the harder it will run when buying pressure comes back in.
I don't expect everyone to publicly voice their holdings as some people wish discretion but perhaps we should do a recent roll call. I saw someone post a online spread sheet or something.. is that available?
edit..(Thanks for the reply saving my last post )
But i was curious how knowing the % of the float being locked would be to shareholders disadvantage. I could see putting in a target price or stop loss..A MM could manipulate the price to hit a target to scare you. But please explain how it can be negative.
Thanks!
Hey thats not very nice to say, he was just voicing an opinion.
You gotta realize these youtube websites are a dime a dozen. There are literally dozens of websites out there that are just like youtube that let you upload videos, they tag some ads on it to pay for revenue. But it will never ever be anything more than just that. Youtube was a revolution, these are just copy cats. ENTI is revolutionary to some degree as well as it offers something new and fresh.
American inguinity is taking something that already exists and improving on it. Thats exactly what ENTI is, a mixture of 5 or 6 really great features and spinning them into something new.
Yes enti is suffering a little from its functionality but these concerns are being addressed in the following weeks.
No its not our competition. If they hosted any label content it would be removed. I bolded below would occur. No selling music, no music videos, no remixing videos, no High Def, no commercials, no celebreties, they say they are social media but other than commenting on peoples videos, its as about as social media as youtube. The video content consists of babies walking around throwing stuffed animals around the living room.
From their website:
Copyright Infringement Policy
Without respect and enforcement of intellectual property rights, artists, musicians, songwriters, videographers, and others in the performing arts are harmed in such a way that their art is endangered. FargoTube respects the intellectual property rights of others, and requires you to do the same. FargoTube does not permit copyright infringing activities and infringement of intellectual property rights on its Website or related services, and FargoTube will remove all Content if properly notified that such Content infringes another's intellectual property rights. FargoTube reserves the right to remove Content without prior notice. FargoTube will also terminate a FargoTube account if the User is determined to be a repeat infringer of copyright. FargoTube may remove such Content and/or terminate a Users account due to a violation of these Terms and Conditions at any time, without prior notice and at its sole discretion. FargoTube also reserves the right to temporarily suspend access to any claimed infringing content or material while investigating the ownership of the content. Further, FargoTube cooperates fully with all properly authorized law enforcement investigations and requests for information, and with subpoenas issued by Courts of competent authority in civil litigation.
If you believe that your Content has been copied in a way that constitutes copyright infringement, please provide FargoTube's Copyright Agent the following information:
A physical or electronic signature of a person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.
Identification of the copyrighted work claimed to have been infringed, or, if multiple copyrighted works at a single online site are covered by a single notification, a representative list of such works at that site.
Identification of the material that is claimed to be infringing or to be the subject of infringing activity and that is to be removed or access to which is to be disabled, and information reasonably sufficient to permit the service provider to locate the material. Providing URLs in an email enables us to most efficiently locate and remove the infringing material. In particular, the identification used on FargoTube, such as account name, Tube name, video name, etc., is most helpful to us in identifying and locating any claimed infringing content.
Information reasonably sufficient to permit the service provider to contact the complaining party, such as an address, telephone number, and, if available, an electronic mail address at which the complaining party may be contacted.
A statement that the complaining party has a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law.
A statement that the information in the notification is accurate, and under penalty of perjury, that the complaining party is authorized to act on behalf of the owner of an exclusive right that is allegedly infringed
how does that happen? There wasn't 60 million shares sold into the float and then bought back was there? And it couldn't have come from restricted correct?
interesting...but to me looks just like youtube except after you upload 50 vidoes you have to start paying. Youtube is free...
and they ripped off their name to sound even more like them
i dont get it.