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Re: None

Sunday, 09/30/2007 1:12:05 AM

Sunday, September 30, 2007 1:12:05 AM

Post# of 43740
Spent a couple hours comparing Cyberlux' weekly candlestick charts with corresponding indicators and moving averages to some other big winners, and the conclusion that I reached is that the stock is not yet at a crossroads (meaning it will continue up on its own), but could be soon if there is nothing to back up the run (i.e. contract).

If you look at SCON, NFLD, SWVC, and many other stocks with big runs in the past couple months, most of them are able to put up two big white candlesticks (fat if you look at candlevolume), but not three. There is usually a dump on a shooting star after 2 weeks, and then a red candlestick down to one of the short term averages for a couple more weeks before moving back up again. If you correlated that with this chart, you might say we'd be stuck next week in the .028 .038 range, and then sell off to .02 again before running up to wherever this is going.

I actually don't see that happening. This is why. The indicators are all still pointing up. They haven't flattened out like they usually do at the top of a run. Bollie bands aren't flat (yet). The full stochs could be pointing down soon, but they aren't yet. Williams drifted but is back going north.

Friday was a very good trading day as far as I could tell. It wasn't on much volume, but the pop above the red doji of the day before was very encouraging.

If this CEO is smart, if there is news to be said, it should be done Monday, Tuesday at the latest. I know CEOs don't PR based on charts, but this one is primed for a huge run (against the odds really), if he can put out good news. And, I think he will. Friday's trading says it's coming.

I've been wrong on this stock a couple times, but I think we can get one more big white weekly candle to 6-7 this coming week. And, if we get that, it's because we had news. And, if we can get to 6-7, we can get to 10 because the news will be good.

So, I think we're going to triple our price next week.

Good luck everybody.

Fletch: I'm afraid I'm gonna have to pull rank on you. I didn't want to have to do this. I'm with the Mattress Police. There are no tags on these mattresses.