Replies to post #61335 on Sulja Bros. Building Supplies, Ltd (SLJB)

[proftstocksny2]

Notice in the rally from .025 to .14 that the share price defied all chart indicators?

[testekleez]

Current trading patterns are based on uncertainty. Wait til this company starts fulfilling promises and watch the TA go right out the window with this one. If this was a well established, long term trading pattern I'd agree but this is only a snapshot and does not reflect what will occur once uncertainty is turned to confidence.

[JIMWJ]

It appears you are a penny investor thru and thru. This probebly is not the stock for you. This week it has not been moving the way day traders can make easy money on it.
JWJ

[MrBankRoll]

I take it you and penny ta use different procedures when loading chart info.

Seems to be a conflicting scenario.

And here I thought there was only one way to read a chart.... Silly me. lol!

[benzdealeror2]

I tend to agree with you fringe,

I like penny ta's assesment, but SHORT term, I think you are right.thanks.

I will just buy more when it dips..No worries.

Long and Strong

[YOTO]

Thanks for posting the chart. I call this post an honest tasteful opinion. The only thing I dont like is the Accum which I have been watching but we should see a turn soon. It's basically a repeat of the 1st run when it was lfwk. Im long term. No fears here.

[twbrokewaterhouse]

Fringe-just tell me when to go all in thx.

[fringe_remnant]

SLJB Weekly Chart

Not a bad overview of the trends.

[chart_md]

** SLJB CHART - A positive one ;)

Somewhat nauseated by fringe_remnant's hairy navel discussion, I decided to repress another memory, and whip out another chart.

Another doomsday avoided today, the panickers were denied an "imminent collapse". Fantastic opportunity for those with funds to add in the high 0.06s.

Support/resistance lines drawn on this one, with "fanlines" and a longer rising support line.

Note how the fanlines act as resistance, until when they are crossed, then they act as support.

Long term outlook remains positive and support is very strong.