is ... YES - Another Profitable Day!
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You should really learn something about charts. If you are not using charts in your decision making analysis, your timing will be off the majority of the time. You are welcome to check my last chart for some clues.
Not a bit. I have not even seen that report and probably won't look at it.
It looks to me like someone was promoting this stock and drove the price from below $0.01 all the way to the 200 day MA at $0.07 at the time for a huge profit and them immediately bailed out. The price then made a correction and consolidated and should have begun a rally back if was going to continue going higher but, it failed to do that so, my guess is that the price will continue to go sideways to down and follow the established downtrend. There are not fundamentals to speak of on this stock so until they show some activity that might result in earnings, I would not expect too much unless some decide to promote it again which would also be short lived. Just my 2-cents.
Re your question about the name ... I haven't got a clue. You'll have to ask Ed. But, it is REALLY EASY Money, you know?
The timing is no longer good on those trades Rose. These are trades I got into some time ago that are moving nicely now and I'm holding those rather than entering newer riskier trades. I can't post them on this board anyway ... sorry. Watch Ed's board for the next picks. I have some I'm watching where the timing is not yet there but soon will be. If you are in GDGI, it's a good trade but, I prefer to wait for some of my other trades rather than jump into this one. The time to buy here was back at the end of August but, I had other trades that promised greater earning potential. Today, I have some that are developing which I prefer to wait for.
Daily Chart Analysis - Lower Prices ahead based upon three bearish divergences and bearish tension in the MACD. This stock is still in a downtrend and it continues to behave that way.
http://stockcharts.com/h-sc/ui?s=ACTC&p=D&b=5&g=0&id=p45068287272&a=243689714&listNum=6
Thought you might like to see this ... http://stockcharts.com/h-sc/ui?s=ICPA&p=60&yr=0&mn=1&dy=0&id=p85297507778&a=255878617&listNum=6
Sorry, I still don't like it. Too many other really good trades out there now.
You might check my post here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78388851
GDGI looks very good for a strong technical rally right now.
You could be right.
I have too many higher probability trades to choose from right now but, GDGI does look very good on the hourly chart with a very probable bull pennant flying.
Hourly Chart Analysis - GDGI actually looks pretty good right now. I'm fairly sure that is a Bull pennant on this hourly chart. Price could blast out of this price consolidation to the upside. http://stockcharts.com/h-sc/ui?s=GDGI&p=60&yr=0&mn=1&dy=0&id=p34547632244&a=273034003&listNum=6
If the price supports at the 200 day MA then it could consolidate and go up for a while but, there are much better trades in my opinion. http://stockcharts.com/h-sc/ui?s=FONR&p=D&yr=0&mn=6&dy=0&id=p50833874459&a=257609818&listNum=1
Hourly Chart Analysis - the chart actually looks pretty bullish now. Anything can still happen but, it's a much better bet for prices going up now. http://stockcharts.com/h-sc/ui?s=GDGI&p=60&yr=0&mn=1&dy=0&id=p34547632244&a=273034003&listNum=6
Very nice 18-month uptrend but, now it appears that it's over due for a correction with a small double top on the weekly chart and a bearish divergence between the price and the Stochastics & %R. Following a much needed correction, you might look at it again. Stock in an uptrend are much easier to trade. Of course, there is no guarantee that the uptrend will continue but, if it does, you could have nice trading vehicle here. http://stockcharts.com/h-sc/ui?s=HBAN&p=W&b=5&g=0&id=p36867613189&a=274081946&listNum=3
I'm really glad that I decided to become a technical trader rather than an investor. I no longer have to listen to company promises and attempt to analyze financial statements and wait for news about what's going on. I just look at a lot of charts and pick the trades that appear to have the highest probability of success based entirely on technical analysis and to hell with the news and the fundamentals. I sleep better and I actually make money now and have for many years so, I'm totally immune to all the BS and propaganda. Now when I trade a stock, the chances are very good that I have no idea what that company even does. All I know is the chart is Oversold and there is a very high probability of a substantial rise in price and a lot of other people are buying it. It does not even bother me that I have no idea why the price is going up. The why is no longer important ot me on that reality that the trade I'm in has a greater probability of success than all the other charts that I've looked at recently.
The 60-minute chart actually looks pretty good right now. However, this stock is still in a downtrend so, the price will need to get above the 200 candle MA on that 60-minute chart in order to have a shot at a continued rise in price. The daily chart looks much more bearish. If support breaks at the 200 day MA on the daily chart following a brief rise in price, then I still believe that the price could easily drop to $0.005 or even a little lower. I'm not a buyer here. There are far too many other higher probability trades to consider.
Hourly chart - http://stockcharts.com/h-sc/ui?s=ICPA&p=60&yr=0&mn=1&dy=0&id=p85297507778&a=255878617&listNum=6
Daily chart - http://stockcharts.com/h-sc/ui?s=ICPA&p=D&yr=0&mn=6&dy=0&id=p95921162944&a=257286122&listNum=6
Ok, lets look at a good short-term chart. I like the 15-minute chart for that purpose. Hmmmm ... well, we have a bearish divergence and the MACD crossing down with bearish tension and Overbought conditions on this chart too. I wonder why? http://stockcharts.com/h-sc/ui?s=ICPA&p=15&yr=0&mn=0&dy=10&id=p31524733571&a=265860285&listNum=6
You made a great profit in a short period of time. Now reinvest it wisely and double it again! That how you get rich trading. Lots of short-term high probability wins for large profits.
Well, you're right about the double top but, what you probably fail to realize is that it's a 15-minute chart (that is short-term) and the price has already gone lower over the short-term since that double top. Could it continue to go still lower? It could but, in my opinion, if it does, it will not likely go lower than $0.28 and I would not mind buying more at that price, so that does not bother me in the least. It's heading toward $1.00 or more based upon the bigger picture. You can't trade using just one chart anymore. The 5-minute chart actually looks pretty good (Oversold) so, I'm confident we will likely see higher prices on Monday. http://stockcharts.com/h-sc/ui?s=WEST&p=5&yr=0&mn=0&dy=3&id=p07479397714&a=273762342&listNum=3
Not true! They trade on calculated earnings based on sound business judgement. Not speculation and the entertainment business is a huge speculation.
I don't see anything too exciting here. There is a possibility of at rally back to around $0.005 but, don't hold your breath. Currently the hourly chart is Overbought so, I don't expect much will happen for a few days at least.
When there are positive things on a chart, I point them out. If you want to see a positive chart follow some of my other posts where I'm saying positive things about a stock.
I bought it at $0.28. I probably should have sold it at $0.38 cents because there was plenty of evidence of a correction coming but, somehow I thought the correction would not amount to that much. So, I recently bought more between $0.30 and $0.31. If it goes lower, I'll buy more. If it goes up, I'll be more objective the next time I see a correction and probably take profits on at least part of my position.
The problem with most people reading the news is that they somehow expect profits from whatever that story is immediately and that just does not happen. It takes time for the profits to be realized and the savvy investor will not buy on a what if scenario. They want those profits on the bottom line today. When they are not there today, then they don't buy today and it is lack of buying that drives the price lower. That is what I see in the chart. There has been a lack of buying since the begging of May.
No. Resistance seems to be a little too tough at $0.018. But, anything can happen. If it does go up, it won't amount to much at all.
It looks a little like a triangle but, it's not that perfect either. If you look at it on the 15 minute chart, it's more of a channel then a triangle. I've chosen to ignore it and if the price does go lower here, I'm programmed to buy more. In my opinion, the price will be higher next week.
Well, no. That flag was a possible flag but, a flag needs to see that upside breakout to be valid and this one did not see it at all. I also think you are calculating your target price incorrectly. You measure the distance of the flag pole and project that distance up from the breakout point. That should result in a higher target. But again, the target price is irrelevant now because that flag turned into a channel. A flag should only be a flag for about one to one and half weeks. It can't just drag out forever. A good rule to follow is if the pattern is not perfect, don't trade it. Remember that the markets are dynamic and sometimes you see what appears to be a certain pattern developing and it just never completes the formation. You can't get married to the idea that a certain pattern is developing. If it fails to develop, then trade it according to what it's telling you now.
IT takes time for a market to turn. It does seem to be moving in that direction. http://stockcharts.com/h-sc/ui?s=GDGI&p=60&yr=0&mn=1&dy=0&id=p34547632244&a=273034003&listNum=6
Very bearish looking chart! In my pinion, it could very easily bounce back to around $1.50 to $1.60 but, it seems to be taking a long time to move in that direction so, it's hard to say when (if at all).
It's looking more like a bottom every day. PATIENCE! It can take weeks for a chart formation to develop. Some even take months.
You want to see if you can find something positive to point out? Have at it. All I can tell you is what appears on the chart. If it's not there, it's not there. We have a double top and a subsequent downtrend in it's 4th wave down. I'm confident we will see the 5th wave. There are always 5 waves in downtrend before a correction. Then usually a three wave correction and another 5 down. However, that is subject to change. The 5 initial waves down however, it a pretty sure bet.
Not if you understand technical analysis.
Yes, I'm a buyer at $0.0016 or below now.
http://stockcharts.com/h-sc/ui?s=ADHC&p=D&b=5&g=0&id=p66342168031&a=272852408&listNum=6
Yes! Good analysis. I also see a bull flag there with approximately the same target price.
Have not changed my opinion. It's a $1.00 to $1.50/share stock just needs time to get there. http://stockcharts.com/h-sc/ui?s=WEST&p=60&yr=0&mn=1&dy=7&id=p60790261981&a=241880892&listNum=3
WEST - Well, that was disappointing but, the market is Oversold again now and I'm confident that it will make another run up.
http://stockcharts.com/h-sc/ui?s=WEST&p=60&yr=0&mn=1&dy=7&id=p60790261981&a=241880892&listNum=3
No, I don't think so. I think it's definitely headed lower.
http://stockcharts.com/h-sc/ui?s=ICPA&p=D&yr=0&mn=6&dy=0&id=p95921162944&a=257286122&listNum=6
I think it looks more like a pyramid bottom. The divergences are still in tact so, it's more likely to go up now than down. But, anything can happen and if this one breaks support now, it could plummet all the way to $0.0001 and stay there. http://stockcharts.com/h-sc/ui?s=DNAD&p=D&b=5&g=0&id=p04581345286&a=271338172&listNum=6
In the case of ADHC, you just keep an eye on the situation. It's dropping very fast, that usually implies that short selling is involved. Eventually those short sellers will have to cover and when they do, there will be an opportunity to buy for a short-term gain. I'm really not affected by dilution. I just watch the charts for the right clues. I'm only interested in situations where I can get 25% to 500% profit in a relatively short time. Occasionally, I'll come across a stock like TYTN or WEST that I believe has long term potential. Those stocks I will purchase using the profits from my short-term trades and I will hold those. After-all, those are effectively free trades when you purchase them with profits. So, I'll let those sit a while.
GDGI can still drop a little lower but, it's close so, you need to watch that one for signs of a turn around.