Wednesday, February 28, 2007 11:00:48 AM
Hi GK
Having read my reply again I can understand the gulp!
Sorry about that. Here's another link to help you and make it easier. If you look at the bottom left of the screen, it tells you whether the indicators are bullish, bearish and to what degree.
http://www.stockta.com/cgi-bin/analysis.pl?symb=ITKG&num1=31&cobrand=&mode=stock
I'm not sure you can use TA on a board that has no volume! Just a few trades can move the stock quite a bit, even if it's only the MM placing 100 share trades to tickle the stock in a particular direction.
Anyway. You can see that ITKG is still clearly bearish and has gone through the recent support level of 2.70.
I sold 1/3rd of my ITKG position at $2.84 and invested it in another China stock prior to blowout earnings and made 30% almost immediately (until yesterday!) but will hold it for the long term. I have also invested in another speculative Toby play which is trending UP now.
As for the rest, I think we are close to the bottom now. Then the MM may tickle the SP back up again. Or it will fly back up as it did in November. $1.80 to $4.18 is phenomenal. So, I'm holding to grab the low hanging fruit!
Having read my reply again I can understand the gulp!
Sorry about that. Here's another link to help you and make it easier. If you look at the bottom left of the screen, it tells you whether the indicators are bullish, bearish and to what degree.
http://www.stockta.com/cgi-bin/analysis.pl?symb=ITKG&num1=31&cobrand=&mode=stock
I'm not sure you can use TA on a board that has no volume! Just a few trades can move the stock quite a bit, even if it's only the MM placing 100 share trades to tickle the stock in a particular direction.
Anyway. You can see that ITKG is still clearly bearish and has gone through the recent support level of 2.70.
I sold 1/3rd of my ITKG position at $2.84 and invested it in another China stock prior to blowout earnings and made 30% almost immediately (until yesterday!) but will hold it for the long term. I have also invested in another speculative Toby play which is trending UP now.
As for the rest, I think we are close to the bottom now. Then the MM may tickle the SP back up again. Or it will fly back up as it did in November. $1.80 to $4.18 is phenomenal. So, I'm holding to grab the low hanging fruit!
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