Researching equities through technical methods
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4.90 BUY. HUGE accumulation at that point.
Support: 4.89
Resistance: It's very low but breaking 5 it's going up
Haha, Irish economy got hit hardest out of any EU country. They grew so much over the course of 2002-2007. In any case AIB is getting close to that 10B needed cap that the Irish government asked for AIB and other banks to have in deposits. AIB sitting at around 750M mrk cap at current prices? Fundamentally they are undervalued and oversold. In any case there has been a reversal yesterday's and today price action.
As far as the outlook on irish from economists and Europe commission they thing that the worst in Ireland has just peaked last Quarter and should not get any worse, and by the report you mentioned I think it is going to get better improving figures. Not necessary no more recession just improving towards getting out of it which is good.
BUY - Again as I mentioned last Friday to buy in at 1.15 now its trading at 1.24! and today I can confirm that we are showing a great reversal indication not only on the short term but possibly on the long term making this a gem for accumulation after it got BEAT DOWN hard.
Technicalities and Fundamentals BOTH show it's trending up and it's being way undervalued.
SELL - Short term it's a sell guys according to technicals. I still see a negative money flow since that pullback on later Thursday along with that negative money flow it hasn't moved down in price at the levels of around 5.05 this will go down eventually if this maintains. Support at 5.02 that breaks it will go below 5. 5.09-5.10 is resistance.
SELL - Short term outlook as far as "technicals" indicate its bearish right now. It's a great company for those are long hold, for new comers it's a good short candidate right now. This is getting beat down on microsoft announcing 6 new phones on their new OS. So people who looks positive on that news will effect other competitive companies to microsoft mobile which would be RIM's Blackberry
Yes sir,
Also a good watch AIB...I just saw a HUGE HUGE accumulation at 1.15 happened Friday got in at 1.15 and its at 1.19 and going higher...looks like a bullish trend reversal here...this stock got hit HARD
AIB - BUY at 1.14-1.15! Huge volume at the ASK price of 1.15 in addition to Money Flow inching up. This "MAY" be the bottom for this down-trend based on the HEAVY volume at 1.15 compared at any past price levels.
Reversal Bearish TREND detected, SELL at 5.16-5.17
Resistance 5.18
Suppoer: 5.11
Not 401K...only on self-directed retirement accounts like Roth IRA you can trade stocks in and out whenever you want and not strictly funds like 401K.
Before buying or shorting just wait and see how market reacts to that 1.31 52-week high. Reason i say that is if it does beat 1.31 its shooting up till it creates a new resistance/52-week high or it can have a hard time reaching it thus people with position will take quick profits thinking it may start going down after all this gains....in the end its all psychology we will see what happens :) technicalities all they do is confirm the actions the market is current doing.
We can agree that we are reaching a pivotal point soon and it can either go up or down from that key point and whatever direction it takes count on it being a VERY strong direction.
Good finish, it closed higher 1.29 but went right back down to 1.28 a minute in the AH. Tomorrow is key decider on if the trend continues or reverses...today the stock was trading majority sideways on 1.27-1.28.
Key points for tomorrow:
52-week High: 1.31
Resistance: 1.29
Support: 1.27
if it breaks 1.26 and doesn't go over 1.29 tomorrow you need to consider perhaps selling some position as a trend reversal "may" occur.
Not based on just money flow. Money flow just shows volume of sellers and buyers and assigns a number to it. Negative Money flow has increased today in addition it has been creating lower highs and lower lows also RSI is slowly retracting using all these indicators and tick by tick data charting complimented with 4 other charts (I use 2-28's LCD monitors).
Oct 4 Intra-day:
High - 1.28
Low - 1.24
Oct 5 Intra-day:
High - 1.30 (beats day before)
Low -1.27 (beats day before)
Oct 6 Intra-day:
High - 1.29 (Down from day before)
Low - 1.24 (Down from day before)
Oct 7 (Currently at time of post) Intra-day:
High - 1.28 (Down from day before)
Low - 1.26 (beats day before but could establish a lower low later)
based on how it went down after 6 days of beating highs and lows since Sept 27th (Check out the chart) and with todays it's displaying a different pattern in addition of a lower RSI when compared to RSI from OCT 1 to OCT 5 signals me there could be a reversal.
based on these analysis I can make a high chance of a good call on shorting it now while accumulating shares now could pose a risk after seeing a change on trend.
Again my moves are meant to be short term this has nothing to do with the viability of the company. I just try to point out short-term changes to trend when i see them.
It depends
what message or log do you receive from you trading system?
Also who is your broker?
with TD Ameritrade since this stock is low priced (Below 5 usually get some restriction) it would be your "CASH" not buying power divided by 2.5 and that would equate your max shares you can short for that stock.
Looks like it didn't beat the mentioned high nor did it get near it's yesterday's close! this is reinforcing a reversal trend this makes a good shorting candidate. Although since 09:40 AM PST it has trended up in the intra-day chart with positive money flow... Now there's two important points we need to look at:
Resistance: 47.82
and
Support: 47.21
Overall looking it day by day this is trending down but it is rising in the intra-day so I would monitor 47.82 or lower as a good position to SHORT if that (47.82) resistance doesn't get broken. If it gets broken don't open a position and best to wait until tomorrow's reaction unless if it really goes over 49 which I highly doubt.
Best thing to do at the current price action and volume it's producing.
It's playing with the low of post-R/S a very dangerous point. if that gets beat'n this stock will fall down till some volume builds up (You will see it bounce up with a V shaped pattern. Reason I say it will "fall" down is because of the HEAVY and I repeat HEAVY shares that were bought at the low of 4.90-4.95 hitting their stop/loss triggers and in addition sellers who are reducing their risk due to the price action. In addition day I have not posted any Buy in or Sell in due to the risk it current has. It's not volatile as before it's been trading sideways with barely any movement.
A very dangerous stock to get in right now, since its producing very small price movements with HEAVY volume which just means.... a big price change soon..up or down.. we will soon find out. Sentiment in this board and else where is down so if I would have a risk-free bet I would say down and it will break 4.90 low soon...
In regards to shorting SIRI it's behaving differently today in addition it's starting to get an increasing negative money flow and some resistance building up....there isn't major sell-off but today will mark either it's going to trend down in the short term or continue on the rise. In my opinion and based on the technicalities I am using I'm shorting this...even if this continues I am still more than 50% chance safe (based on relativity) on coverage once this reverses and goes on a short term down trend. At these price levels and the gains it had it's only a matter of seeing just 1 good indication before a reverse happen. It has to beat the high of 2 days ago and that doesn't look like will happen today which changes the pattern of the trend.
RE: eastunder
Looking back at the past volume at the different price levels, there's no heavy support worthy to speak of the highest being at 1.25 which I will base my support on if that breaks that just reinforces a trend change then next support after that I will look at is 1.22 then 1.19...but that is thinking in a hypothetical analysis of course I will have to see how it acts and if it "builds" new supports during the intra-day. But based on how much it went up any trend reversal will be a strong one if it continually beats the mentioned supports.
Money Flow is at negative! Reversal started! Shorting at these levels....its building resistance and price action not moving up.
SHORT'n at 1.27
-Ed
Interesting link, definitely there seems to be anger on the losses. Although I have to say in an open market once you lose focus on fundamentals and treat everything as a gamble...eventually it will hit you in the back....even if they (Porsche) didn't disclose certain things, why on earth would you put yourself in such a risk to the point of losing the fundamental aspect of a company and stock. I think this news serves a good example for point on forward for Hedge Funds and other institutions on how to go about investing and monetizing on the market. As far as Porsche being guilty, I'll leave that to the court system since we live in a land of law.
-Ed
Playbook and some interesting FUTURE notes and implementation of the QNX OS....its implementation in Military and auto industry and other segments makes RIM's purchase of QNX seem like a VERY opening invitation to other opportunistic revenue. here's the video watch it throughout lots of information especially when the CEO of QNX comes in and speaks about the platform.
Release Video of Playbook
I fully agree with you, definitely more bad news now all of a sudden than before, again this could be intentional so Institutional investors...which he word them as "investors" are needed for the debt to equity swap. We can't really force the price to go up or down and based on what we are hearing now its best we wait on the accumulation/addition to our profiles since you and I know that these news and message that are "currently" being thrown out will effect the stock negatively in the "short" term. Especially given their current position as a company (Although EBDI improved on last Q earnings but people who will be potentially entering a new investing position with YRCW now think about current events) smart investors remember all the events that happened before AND now :)
Thanks for the post jay. My reply:
In regards to how this news will effect pricing of the stock...well it already went down over 5% and some may have not picked up on the news yet (me included, just found out now)...this is definitely not GOOD news but the one scary part he said is this:
"could lead to the Overland Park-based trucking giant's shutdown. "
this means BK... and we know what happens when BK comes...look at GM. In any case I would AVOID 100% adding any positions between now until we hear the outcome of this proposal agreement which I assume the outcome will come in around 2 weeks per their SEC filing. In any case if your a current investor or a potential investor hold off on purchasing even on the drops until we know the outcome. Don't sell your current shares as well....unless you bought them at a very high price then I recommend selling them and rebuying (ONLY after we hear the outocme and if it's positive) at a lower price since this news will DEFINITELY effect pricing of the stock in a negative way in the next week or so until we hear the outcome.
GL to all
-Ed
Thanks for the chart Nebula, I did some tick by tick data analysis along with Money Flow.. there was a ridiculous huge accumulation at the very last 20mins or so, but what matters most is tomorrow
If tomorrow we can beat 49.68 high from yesterday then the bull-trend will continue. In fact if it does beat it (49.68 H) and with todays price action and accumulation on that VERY high volume in the end, that shows there's a huge upside that may happen to this stock soon due to the pointed accumulation and money flow if doesn't beat that high then a reversal has started.
I believe tomorrow it will go up to test that yesterday high of 49.68 and that is key.
You are correct I was getting it mistaken with YRCWD earnings which I was active in another board here in ihub. In any case here's the earnings report for anyone who missed it truly amazing (I think that makes it one of the top 5 Quarterly earners in the Tech industry with its current growth and mobile industry growth I wouldn't be surprised this does a surprise shooting up:
http://www.rim.com/investors/documents/pdf/financial/2011/Q2_financial_information.pdf
Upgraded to "BUY" rating...
Buy rating Upgrade
Look at the price action as well, at these levels its way undervalued and earning is coming up later this month. In regards to Investment this is the one where it has lots of breathing room in the upside as mobile industry keeps growing!
REVERSAL trend is starting.....sell at 5.29
EDIT Okay got it.
"Technological breakthrough: Solar Value manufactures the first solar silicon ingot"
Now time to investigate "Solar Silicon ingot" :)
Press Release
(After reading the press, it's basically buying into something that they still need more tests to do on... of course it would make solar cells cheaper to do using their method, but they are not the ONLY ones. Other companies are doing it and already manufacturing them, they say they do it cheaper...hmmm)
translation:
German to English translation
Technological breakthrough: Solar value represents the first solar silicon
Ingot ago
Berlin, 05.10.2010: Dr. Christine Born, president of Solar Value AG presented on
the Annual General Meeting a current status report on progress
in the development of the new process for the production of solar grade silicon
from metallurgical silicon.
Required purities achieved.
In repeated tests on different systems since the first complete silicon
was ingot weighing about 15 kilograms produced. Here are the
Purities of the critical elements phosphorus and boron, each well below 1ppmw
("Parts per million weight", weight-related share in a million Si atoms) below the
desired values and thus in the range of requirements.
Flexible process as to the raw material.
Characteristic of the underlying process is a multistage process for the separate
Reduction of phosphorus, boron and other metals to prevailing values.
Here, the input materials used are also subject to volatility.
The process is so flexible in terms of the input quality of the metallurgical silicon
(MGS). This process flexibility is particularly the availability and
of fluctuations in input material, the metallurgical silicon, an advantage.
The method allows the use of a wider "range" of marketable, so-called
Commodity materials, and brings with resulting cost benefits.
Technological breakthrough - Financing secured its own pilot plant.
As Dr. Bornhauser, Technical Director of Solarvalue AG: "With the new method
we have made in recent months much better results than the previous
Process that was developed over nearly two years in the U.S. and tested. Here we
a breakthrough. We have produced the first ingot in a quality that for the
Manufacture of solar cells seems apt. Of course, this must be first in more tests
be examined. Our next step will therefore be the material of partners to cells
can be processed. Overall, this makes us for the further development of solar Value AG
positive again. It is unchanged in the new production process, our goal from metallurgical
Silicon solar grade silicon at competitive costs. Thanks to our
austerity program extends the existing liquidity from today's perspective, the construction of a
Pilot plant for ingots of approximately 60kg from. In 2011 we want to qualify first customer
and achieve positive results in sales. To production on an industrial
Scale, we have still some technical and especially financial barriers
to overcome.
Next presentation.
On 12 Born November 2010, Dr. Hauser in an analysts' conference on the edge
of 11 Solarpraxis Forum in Berlin will present an updated report on the company.
End the corporate message
Interesting... over 500% up... this could be dangerous if you get in at these levels and at the same time you could miss-out on the up trend w/ heavy volume. Couple things I see here:
1. That day's volume is greater than any volume before which can means either it's being manipulated or some CRAZY news came out and the stock simply doesn't have the high share float thus huge influx of buys and sells will change price tremendously. I know this is YRCW boards only so I can't ask you questions pertaining this stock. In addition I don't have a lot of information on that stock since the link you provided is German site? And I can't decipher some of the information about that stock and why it went up. Based on the chart alone this will go up tomorrow 100% but not at the same % gain as experienced on that day.
ANOTHER BUY NOW at 5.30
5.37 is NEW point that needs to be beaten to reinforce the current up-trend movement. That gets beat'n it's shooting up.
KEY point reached.
Support: 5.30
Resistance at 5.36
any of those breaks means either of the following:
1. Break Resistance: A continuation of the first BUY signal that happened at 5.20 which also would mean a stronger Up-trend then what was experienced earlier and should tests highs of today.
2. Break Support: A trend reversal happened.
Just so you know we are STILL in an uptrend even after the sell-off that just happened. Although the reason i say key point is money follow current is in the negative but on a VERY low volume which could be the result of the quick sell-off as I mentioned earlier.
BUY HEAVY now! Up-trend started!!!!
Support at 5.20
next Resistance at 5.30
If it also breaks 5.30 this could potentially try to mess around todays high either for today if the trend is strong.
Money Flow is still in the negative yet the stock is holding off at 5.31-5.32 this may go down and not just down but also break the 5.30 resistance.....be cautious into getting into this. If it breaks 5.30 and you haven't sold yet I recommend you do since that just reinforces that this is becoming a down-trend and will test 5.00 like yesterday...
Don't buy-in just yet....wait till you know 100% there's a trend up....it just killed through not 1 but 3 resistances! (At the time of this posting)
Right now if it breaks 5.56 or doesn't reach the high support of 5.62 on the next step up, consider lowering your positions for an AVG. down later....don't fight the market makers or buy more positions...that will play against you. Right now just watch and get ready to sell. I use tick by tick data along with other minute charts that's complimenting it :) 2 - 28" LCD monitors love em so much!
It is and it will continue to go up till the 52-ish range where it will test a big resistance there. Right now its just trader play but the whole trend will go up to the 52-ish for another test
Agree with you... their alerts on charts will go crazy once their chart is fixed with the previous YRCW chart and see how low priced it is! Right now it's good to trade this long and short depending how it trends. :) right now (on this post date) its trending back down...again that can change after it hits a resistance or bottom.
I agree with you :) I was mearly indicating today's levels. I'm a big charting guy and I know that with low volume its hard to move the price a lot. I agree that in the next few days when we get more volume this will go up depending on those "returned" volume from those other countries and/or others agree with today's action :)
As much as I like this to go down to rebuy since I sold out at 49.98 it won't go down, and those who say it will....well the charting and the the money flow doesn't agree on a down-trend....now looking at my historical data the one next support was 50.50 which was broken and the one after that is at the high mark 52-ish! this tells me that this will ONLY go up from the current price it is on with the way how it acted today :)
GL to all.
$8 is possible only if there's high volume... right now I think the many auto-traders (The ones with big volume) are waiting to see how us the market see YRCWD at these prices and so far so good. If this stays positive we will see higher volumes and market makers trending this to the positive in the next few days. Right now today $8 is not possible with his low volume...Unless some ridiculous volume comes in at the very end which won't surprise me since it did happen before on R/S day at the last 5 minutes :)
And to reinforce what I said..it has been getting lower highs since 7:24 AM PST that's almost an hour ago from this time of this post. Right now it's about to test 6.62 LOW if it breaks that then consider what i said earlier on the shorting being a good call :) if it doesn't break it then it will test 5.66 "new" set high. This is trended down in the past 1 hour.
I know most of you guys wants it to pop and so do I, but looking at the charting it did a nice run up early on and I say early on because the TMF money flow is starting to get reduced and now is under .5 or under positive value anytime it tried to make a run up in the past 30 minutes or so. I believe that we may test the 5.56-5.57 range soon, which for short term (Extreamly short term) makes a good shorting candidate and cover at 5.56-5.57, again this is meant for those who are trading YRCW and not the investor...For the investors this is still an up-trend bull-trend and should be held. If it does drop below 5.57 consider doing a quick sell at that high and rebuy once a new bottom has formed. Again im a charting guy and I think short term that id driving my long term trend :)
GL to all