Tuesday, March 27, 2012 12:36:52 PM
There isn't one that is shows you what a stock "will do". The best thing to do is what Rock and a few others do, learn to read and understand the charts. I am not at that level to be exact like they are...or should I say a educted guess based on what "layers they have on" and not everyone person uses the same layers.
Start with a chart, add MACD lines at 50 and 100 moving averages, then show Candles...I would spend the next few 10 hrs and read your butt off on this...
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis
Look at this "snap chart" when the black line starts to cross the red line on the bottom, it's a good thing.
http://stockcharts.com/
As a rookie at this reading or now average reader, Look at the pattern, Feb 12th and March 8th...now look at where we are. See how we should be ready for a spike up? imo
BUT, we are not exactly here to trade the stock, I am an investor. Yes I hope it goes up, but don't care if it does today or tomorrow, just that it is way above my buy in after 2 years is up or when I need to cash some out. If this goes up 20% great, I am not selling till $15 ish and I would only sell a what I put in plus 30% profit so I can spread it around. Day trading and not learning justs gets your self broke real fast.
This company is on the way to much better things and is positioned better than 8 months ago....we are not "waiting to be able to sell anything" we are now waiting on sales. So in one day, things could change as a contract get put in place.
Start with a chart, add MACD lines at 50 and 100 moving averages, then show Candles...I would spend the next few 10 hrs and read your butt off on this...
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis
Look at this "snap chart" when the black line starts to cross the red line on the bottom, it's a good thing.
http://stockcharts.com/
As a rookie at this reading or now average reader, Look at the pattern, Feb 12th and March 8th...now look at where we are. See how we should be ready for a spike up? imo
BUT, we are not exactly here to trade the stock, I am an investor. Yes I hope it goes up, but don't care if it does today or tomorrow, just that it is way above my buy in after 2 years is up or when I need to cash some out. If this goes up 20% great, I am not selling till $15 ish and I would only sell a what I put in plus 30% profit so I can spread it around. Day trading and not learning justs gets your self broke real fast.
This company is on the way to much better things and is positioned better than 8 months ago....we are not "waiting to be able to sell anything" we are now waiting on sales. So in one day, things could change as a contract get put in place.
