Trucept, Inc. (TREP)

[tothe]

TREP weekly chart(s)~~~ up +15.69% or +$0.010 to close at $0.075 on volume of 671,988 down from 1,620,694 last week.
Average 5 day dollar volume was $10,693 ($0.0685 x 156,102) down from 5 days last week $20,544 ($0.07 x 293,490)
source: EMA(5) volume and SMA(5) PPS daily chart.
CHART & RESEARCH THREAD POST


WEEKLY


Technical
~~~ Friday bullish engulfing, covers the bodies of 4 previous candles, 63% bullish reversal.
http://thepatternsite.com/BullEngulfing.html
~~~ Using the 3 month chart we see the rounding bottom pattern setup. Our handle is the pennant (see 60min chart for detail)
~~~ Technical indicators are bullish on all the charts.
~~~ The CMF(20) is over 25%, IT NEVER HAS BEEN THAT HIGH.

* Rounding bottom
http://thepatternsite.com/roundb.html
* Rounding Bottom (reversal)
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rounding_bottom_reversal
* Cup and Handle
http://thepatternsite.com/cup.html
* Cup and Handle (continuation)
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_continuation
This link is to my trend line interpretation that creates the daily chart pattern.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=129649579



30d 60min
* The pennant uses the flag pole to factor in target price from the wave of profit taking resulting from the previous weeks and weeks of patient low bid accumulation.
Friday we closed over the upper trendline.
http://thepatternsite.com/pennants.html
* The one and a half week symmetrical triangle is more like close quarter action or hand to hand combat. Targets are determined with with level2 spreads and support & resistance.
Friday we entered the 80% apex and closed over upper trendline.
http://thepatternsite.com/st.html






COLLINEAR



Trigger chart

#1. AROON- 8 You watch as the AROON DOWN crosses the 75 down and the AROON UP comes up from zero. Most important. (\0/)
#2. WILLIAMS%R- 9 You watch the line cross the 50.
#3. CMF- 15 You will usually only see growth when the CMF is in the negative.
#4. ADX/DMI-5 You watch as the D+ line either crosses the D-, or crosses above the 20.
#5. MACD histogram- 5,15,10 You watch the negative bars register -50% smaller then the bar before it, or -50% smaller then the largest in the grouping.
#6. Full Stoch- 5,3 You watch the fast line cross the slow line while the AROON DOWN(8) crosses the 87.50. Crossing the 20 would be best, when the Williams agrees.
#7. Bollinger Band 20,2 You watch for the Magic Box to occur when the negative close touches above the lower bolly and the next day’s close to it is positive growth in a white candle.
#8. RSI 5 you watch as the indicator crosses above the 50 for a quick pop.

THE MAGIC BOX
A gift from The Seasonality Stock Reports Board
The reason that I named this setup the Magic Box was so that you could relate to it and remember it faster. Without relationship to something, it is nothing to us. It must be something memorable to you before you can set it into your subconscious mind and see it always.

(A) The Magic Box is a pure two-day pattern. Basically the "close" of a red candle printing on or near lower Bollinger Band with the next day printing an "open white candle."
(A1) On day one the Aroon Down is setting at 100 on the indicator and price is near the lower Bollinger Band. The Candlestick is dark-shadowed.
(A2) On day two, to form the Magic Box, the Aroon Down must drop to 87.50, and price to form a white candle, to complete the box. No other indicator is watched until this occurs for this setup, just the Bollinger Band and the Aroon Down.

If you see a Magic Box develop, that being, on the first day the Aroon Down going from 100.00 while the close is either on or just above the lower Bollinger Band and the second day the Aroon Down is now 87.50, you have a Magic Box.

(B) The buy opportunity occurs when the confirmation of two things happens: on day three or few days later the Aroon Down goes to 75.00 and the Williams%R comes above the -50%. That is the buy. The Williams must come through the -50%. It may take more than three days but you must wait for the confirmation of the William%R. I have seen again and again, the Aroon Down come down from 100.00 to zero without the Williams ever crossing the -50%, those are the ones you pass on. There will be no growth when this happens. At most there is consolidation or a small drop. During this process the Aroon Up can rise slowly but without the Williams you have nothing.

There are other Magic Boxes that develop in a stock's life cycle, too, and they, too, can give great growth. These are the supported median, the floating, and the rising Magic Boxes. The buy-in criteria, though, will remain the same for all of them. The Aroon Down comes to the 75.00 and the Williams crosses the -50%. June 7th, 8th, and 9th accomplish this in the 2007 HGR chart, though the William%R took until June 13th to confirm. You must wait.

Trading: It is highly recommended that you paper trade the system to familiarize yourself with it thoroughly. As with anything in life nothing is guaranteed, so, always use appropriate stop loss according to your risk tolerance.

Kenneth J. Goodrich
http://investorshub.advfn.com/SEASONALITY-STOCK-REPORTS-1616/