InvestorsHub Logo

skaka

09/10/06 9:10 AM

#2529 RE: midas716 #2528

midas716, RLTR does look very good, exspecially after those reduce 350.000.000 mill shares.

midas716

09/10/06 9:39 AM

#2530 RE: midas716 #2528

Update RLTR

Pinksheet

This one probably moves Monday morning and all week. I will throw one word of caution out here. I have been following some stocks that technically and fundamentally should have taken off, especially following good news they released. They didn't and went down hard following the good news. This stock is already up 1600%. It may already have the last news factored in. It's a pink so it's possible they may play this up and then hit it down hard. Just be careful as always. Look for it to at least test the last high.

Price - pattern shows a flag/pennant. Looks like it may be looking to double up here.

Volume - The volume spike and white candle friday was a signal that this one could be ready for more. If it does run look for heavier volume than in the past. Volume is an issue if you are looking to trade a large block of shares. Volume has only peaked over 2mil in the last year 4 times.

M/F - very solid over the last year.

RSI - is 67.88. The same as when it took off real hard last time. That may confirm in conjunction with the volume spike, the large white candle, and upcoming launch on tuesday that the flag/pennant and double are possibilities.

A/D - outstanding over the last year.

Stochs - are in position, as last time, for a hard run up.

MACD - is way up but should be a none factor if it runs again.

One more word of caution before the chart. PPS is up approx. 1600%. Be careful of a head fake up and a hard slam down. May or may not happen just be diligent.

Chart - 1 yr daily.