Replies to post #1026 on Viveve Medical Inc. (VIVE)

[ospreyeye]

$VIVMF Chart - Epic 10 day run - this is what it looks like when a stock is riding the EMA 4 bull train in the upper Bollinger band channel - very bullish stocks ride EMA 4 support while heading higher - this is as bullish as it gets - EYE apologize for not finding this beauty when it started -

the Key is to ride the train until the party is over - EMA 4 @ 0.88 is the 1st support level - EMA 8 @ 0.76 is the 2nd - the middle Bollinger Band @ 0.53 is most important level to hold on a pullback -

Fast Sto & RSI are both in the overbought/power zone - 5 days of fat volume bars forming - the MACD Line is starting to point almost vertical reflecting the parabolic move -

like all good things this to will not last - the bears must be salivating by now and preparing for the attack -

Small Company Offering and Sale of Securities Without Registration (d)

http://ih.advfn.com/p.php?pid=nmona&article=67041522&symbol=VIVMF

[carusso]

Not this week; looks like they have agents placing $12m in shares at about $1, with market influences ranging shares from 90 cents to 1.00-1.10. Only about 25% or less of the 12M shares were placed so far, as far as I can tell. A lot depends on how the agents are going about placing tranches. I'm like you, trying to get back to par, and missed a chance the last 2 days. HOWEVER, the chart did not give me any clear sell signal on daily and longer intervals. This led me to "hold fast" for now. I think it can get above $2 by September if not much earlier. News and product acceptance are wild cards for technical analysts here.

Note we are also end of month, late May doldrums as well, pre-weekend, and after a long weekend, etc. I really don't see it falling apart near term, despite some 20% roller-coaster fluctuations. Forgive me if I'm wrong in my analysis. I am not a professional analyst.