CarbonMeta Technologies Inc (COWI)

[razal]

I'm actually a sheep on this one from a reco by eztradin. He just had a beauty that took awhile. EVSI. I'm also waiting on VIGSF. Check out the following thread and educational IBox by Bill Panetta. He is a very good teacher whose technicals really let you know where you are in a stock--namely when to buy and sell. From his point of view, it is way early to buy HYTT but it could have potential when the news comes out. The set up is there in terms of the slow stoch (66,5,3) being above 50 and could move above 65 when it breaks out--an important indicator for a big momo move. And the MACD is hovering just below zero. Good luck.
http://www.investorshub.com/boards/board.asp?board_id=2059


The thread is called Break Out Trading. Particularly check out

These sections:

BOT's FOCUS STOCKS:
(1) Break Out Stock Setups:
Stocks that consolidate near the upperside of the Bollinger Bands
with the 5&10 moving averages acting as support. These tend to be the best setups for a big run on a
break out.
(2) We look for stocks that are trending above the 32 DMA Why? This is our Weekly Mommentum
indicator, it puts us on the right side of the trade. Its our conformation of a strong trend. We look for
stocks making higher highs & higher lows.
(3) THE POWER OF THE 200 DAY MOVING AVERAGE
Stocks that trade above the 200 DMA triggers a change in the long term trend, a trend reversal.
(4) Break Out Trends - 200 DMA
Stocks that are within 3% of breaking the 200 DMA on a daily chart. These are very explosive break
outs
Examples: UVCL 10/03, CESY 10/03, IVOC 09/03, ADOT 10/03 - Study those charts & you will see
what happens when a stock crosses the 200 DMA.
(5) Break Out Channel Stocks
Stocks that has been basing in a channel for 6-12 months then break through top channel prices (i.e.
SFAD chart Jan to July 2003)


HOW DO WE KNOW WHEN THE SHORT TERM MOMENTUM IS BREAKING DOWN:
(1) Stocks Breaking Below 5 & 10 DMA
Once a stock breaks below the 5 & 10 DMA in an uptrend, historically, the stock will tend to go into a
short term consolidation pattern like 2-6 weeks, one can expect to see some kind of Symmetrical
Triangle chart formation during this period of consolidation. It should also stay above the 32 day
moving average during this period for conformation as well. Go to http://www.chartpatterns.com for
education on chart patterns.

OMNI EDUCATION:
Omni has put together numerous informational forums regarding his methods of trading. Repeatedly,
these methods have been proven effective.
OMNI-POWERSCAN: http://investorshub.com/boards/read_msg.asp?message_id=1321215
OMNI-PERSONAL CHART LIBRARY: http://share.esignal.com/groupcontents.jsp?folder=&groupid=227
OMNI-OPENING BELL: http://investorshub.com/boards/read_msg.asp?message_id=1719071
OMNI-BOTTOMS & PIVOT POINTS:
http://investorshub.com/boards/read_msg.asp?message_id=1744896
OMNI-50% RULE:
http://share.esignal.com/groupcontents.jsp?folder=&picture=snapshot-91.png&groupid=227
STOCKS THAT MAKE EXPLOSIVE MOVES in an overbought condition using STOCHASTICS.
http://investorshub.com/boards/read_msg.asp?message_id=1805873
200 DAY MOVING AVERAGE BOTTOM PLAY:
http://investorshub.com/boards/read_msg.asp?message_id=1977172
ON BALANCE VOLUME: My Favorite Money Flow
Indicator:http://www.investorshub.com/boards/read_msg.asp?message_id=2099937
MACD: is the trend for
real?http://www.investorshub.com/boards/read_msg.asp?message_id=2154118
CHIP'S CORNER:
Chips scanning paramaters on smallcapcenter.com
http://investorshub.com/boards/read_msg.asp?message_id=1783111