Sunday, September 03, 2006 9:42:37 AM
Update SFPS
Pinksheet
2 charts and commentary. 6 month daily and 10 day intraday. Scroll past 6 month chart for 10 day intraday.
6 month daily
Although it's taken a dive down from when i started coverage and all patterns i was charting have failed i believe the bottom may be here at .05. Strong support here at .05 but if support fails next level is .025. I don't think that will happen and i will give you my reasons why.
Stochotics - Everytime stochs hit near bottom there is some movement up, not a big move, but at least up. We are near bottom now.
A/D - pps decline for 3 months while A/D continues it's movement up. Shares that are sold are being bought right back.
RSI - at 34.8 has only hit this level once in a year. That was followed by a small move up. At this level the stock is extremely undersold.
M/F - is trailing off again. That was followed by the big move up. All patterns i was charting failed so this can only be taken as an unreliable pattern.
6 month daily
10 day intraday
this chart shows a decent picture of a possible reversal in the works. techs are set up well for movement come tuesday.
PPS - has hit around .05 3 times in three days and has held each time.
M/F - has been strong throughout the week while pps has decreased.
A/D - has increased by 2 mil. shares during the downtrend for this period.
Volume - discrepency in daily chart volume. fridays daily volume shows 151,250 shares traded, but fridays intraday shows a spike at 3pm of 351,000 bringing pps back to .055 with another 420,000 traded after hours.
10 day intraday
Pinksheet
2 charts and commentary. 6 month daily and 10 day intraday. Scroll past 6 month chart for 10 day intraday.
6 month daily
Although it's taken a dive down from when i started coverage and all patterns i was charting have failed i believe the bottom may be here at .05. Strong support here at .05 but if support fails next level is .025. I don't think that will happen and i will give you my reasons why.
Stochotics - Everytime stochs hit near bottom there is some movement up, not a big move, but at least up. We are near bottom now.
A/D - pps decline for 3 months while A/D continues it's movement up. Shares that are sold are being bought right back.
RSI - at 34.8 has only hit this level once in a year. That was followed by a small move up. At this level the stock is extremely undersold.
M/F - is trailing off again. That was followed by the big move up. All patterns i was charting failed so this can only be taken as an unreliable pattern.
6 month daily
10 day intraday
this chart shows a decent picture of a possible reversal in the works. techs are set up well for movement come tuesday.
PPS - has hit around .05 3 times in three days and has held each time.
M/F - has been strong throughout the week while pps has decreased.
A/D - has increased by 2 mil. shares during the downtrend for this period.
Volume - discrepency in daily chart volume. fridays daily volume shows 151,250 shares traded, but fridays intraday shows a spike at 3pm of 351,000 bringing pps back to .055 with another 420,000 traded after hours.
10 day intraday
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