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vorlon1966

07/28/14 5:08 PM

#6208 RE: KPS88 #6206

I would rather stay out of the stock buying/holding/selling advice business. I would prefer just to provide my insight on the drug itself. I think tom123 is much more suited for such consultations.

123tom

07/30/14 7:45 PM

#6227 RE: KPS88 #6206

@ KPS88....I'm a little on the fence too these days....the chart isnt showing much,as price slides sideways. a small pop becomes a fake out, back down a stair .... There was a moment a day or two ago when it felt to me like we could see a breakout, and a rally to finally test the top zones, (1.25/1.45/1.65 targets)

The only thing that does offer some 'change' to the picture is the daily 50 ma that has now fallen down into this overhead zone , the 1 Dollar Zone, Maybe this is starting to look now like that "Wedge" Pattern PACNW was displaying a while back. IF there could be a real breakout here, soon enough, as this 'pattern' gets worn out sideways, it will have to make a move in some direction.

We've seen the affect of Time passage, Time passing is important, in that it allows the volatile crazy price swings to settle down, and make a bottom, like a cement foundation finally drying. takes time.

so now, maybe that could make the 80 cent area hold more solid. but at the same time, I dont trust it enough , that another AF Tweet Bash, if Timed correctly couldnt take a pop to 94 cents and whipsaw it down to 80 again, and if there is an orchestrated attack, maybe lower lows,lower targets in play. BUT, barring that....this sideways sliding has to end some time. and IF we get a real break out move, it could have some Force behind it to reach those higher targets 1.65.

In that sense, as I felt the other day, like maybe I wanted to buy some at 85 cent area,just in case we do get a breakout.

The technical numbers are there to see...but sometimes it all yields a gut feeling as well....and I do have a little of that breakout feeling setting up. This wedge might make a breakout, if the lines and price points continue to form as they are.
Its not even that price has rallied up to meet the 50ma, its the 50 ma that has come Down to grab us. It looks interesting to see now. like we have been sitting at the bus station at 85 cents, while the 50 ma bus has been coming down the track to pick us up.

IF the next Timing of PR , either good from the management, or Bad from the evil attacker (who is being investigated by the way....look what he did with GALT recently).... the next PR pump might just light the fuse that makes it blast out of this station.
IF it plunges down, to 78 or 68 I dont mind buying more. But IF it breakout out above 1.05, I personally dont want to chase after it. so its either buy here at 87, or wait for 77 and that zone. or else I'm watching what the breakout looks like and wouldnt be surprized to see a rally target 1.65, where it becomes a technical trading sell of some trading shares for me.

Along the way in a rally, above 1.05 , are the resistance points 1.25 area/1.45 area/ and those could see the rally end there as well, and whipsaw around in those zones.


http://stockcharts.com/c-sc/sc?s=PVCT&p=D&b=5&g=0&i=p89895454126&r=1406763608204


When I read the other day, that latest commentary from 'Connecting the dots'....as usual, it made me immediately want to buy more. sincerely. and I still feel like I want to stay faithful and buy more. but Ive learned to stay cautious , ....so I'm sitting on the fence here as well.
The price points here at 86 cent zone, is a fair bargain zone for Traders, who would plan to sell the double at 1.65 area.

But I actually would feel happier to see another bash take PVCT down to test 75 cent zone, so I could buy more there.

A plunge like that, coming from an AF Tweet, would probably play out like a quick falling knife that becomes a great bargain to catch.

Happy trails to all..... sitting at the bus stop.
the bus is a coming. or maybe its a train......