AI
Saturday, June 05, 2004 4:54:04 PM
CYOS DD: another low floater find by someone else, thought it was neat
Posted by: stockbabe24
In reply to: None Date:6/4/2004 7:45:46 PM
Post #of 104161
CYOS DD: the stock:
CYOS could be a good profit making trade. The float is extremely low, only 12 million which I confirmed with the company this evening. The low float causes the price to start climbing easily with the slightest buying pressure, today itself it traded between the ranges of .023 to .037. Between last year and today, it has traded at 15 cents and below, making this game for anywhere upto 15 cents depending on the buying pressure. It's basically heading back up from its lowest point, it's beginning to get noticed slowly, and I think good buying pressure could possibly make this similar to the MBAH ride.
Chart wise, It's close to the 200 DMA but not there yet. Monday or Tuesday might see it break the 200 DMA (@ approx 0.04), following which CYOS could break out loose. This logic is also supported by the MACD which is headed towards the zero line the the +ve ADX which is close to 40, indicating a strong upward trend.
I'm hoping this is the breakout of Monday.
Posted by: stockbabe24
In reply to: None Date:6/4/2004 7:45:46 PM
Post #of 104161
CYOS DD: the stock:
CYOS could be a good profit making trade. The float is extremely low, only 12 million which I confirmed with the company this evening. The low float causes the price to start climbing easily with the slightest buying pressure, today itself it traded between the ranges of .023 to .037. Between last year and today, it has traded at 15 cents and below, making this game for anywhere upto 15 cents depending on the buying pressure. It's basically heading back up from its lowest point, it's beginning to get noticed slowly, and I think good buying pressure could possibly make this similar to the MBAH ride.
Chart wise, It's close to the 200 DMA but not there yet. Monday or Tuesday might see it break the 200 DMA (@ approx 0.04), following which CYOS could break out loose. This logic is also supported by the MACD which is headed towards the zero line the the +ve ADX which is close to 40, indicating a strong upward trend.
I'm hoping this is the breakout of Monday.
It's all in the humblest of my opinions, and it's all about balancing your act, much like this:
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