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Re: matt24d post# 292159

Friday, 01/10/2014 6:37:49 PM

Friday, January 10, 2014 6:37:49 PM

Post# of 721027
SQNS charts analysis - This stock has not moved much in 40 days - Since Nov 18 - it has been between 2.14 and 1.80


THEN AGAIN TIME AFTER TIME - MATT24D's RESEARCH AND PERSISTENCE HAS BEATEN ANYONE'S CHART SKILLZ (MINE)

My personal opinion-- too long to Hold more than $1000 in a stock - when so many others have ran 25-100% on a daily basis.


The daily indicates a Death Cross is approaching - If no impacting news to move it up- be careful - it may drop...

"The death cross is a popular signal that when used properly can cut massive losses short. The death cross is so popular because many institutional investors use the 50 day moving average as a medium term average and the 200 day as the long term moving average. Basically, the crossover method signals a sell signal when the shorter term moving average crosses the longer term moving average to the downside. A buy signal is identified when the short term moving average crosses the long term average on the upside.

Crossover methods are easy to program into a computer. However, I must warn that one must use additional clues to create a sell signal. There are frequent whipsaws and failures when you use the crossover method in isolation.

Chart reading is an art that requires discipline, experience and study. Crossover methods used exclusively, such as by a computer program, will not produce the same results of an experienced technician who looks for other pieces of evidence to confirm the bearish crossover."


Just Noting what the chart indicates



January Effect 2013 Plays - follow them here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82508852


"This is not an endorsement to buy or sell securities. Investing in securities carries with it very high risks. My posts /

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