Replies to post #309 on Top Gun Trading

[The Real Titan]

We'll review today's charts tonight. I've not had time to look it over yet. We'll wait for some buying to start coming in, then pull the trigger, unless its already happened.

[The Real Titan]

OBPL still looks pleanty over-sold, so seeing that it held its gains today is what we've been waiting to see. We'll watch it at the open to see if its going to indicate more buying, or today's upward tick was simply another fake bounce, which its done several times in the past. On signs of strength we may look to take a position, but this isn't one of my favorites and I'll defer to Mav on making the call.

[Mav5x5]

A tried to get filled at .17 on PGSW today, but didn't. There is a great possibility if I had gotten in, that I would've tried to sell at .20. I'm not crazy about inverted hammers, so tomorrow will be a matter if I can be near the computer or not to see how it is trading. It's a low floater (around 30 mil) so it can move easily. .18 might not be a bad entry tomorrow. Short term charts are "middle of the road", so I don't see any strong buy or sell signals at this point.
OPBL is a bit tougher because it's what refer to as a "trampoline play" because of the huge drop. What I saw of it at the end of the day on L2 looked good. If I see a strong start on this, I may be right in.
ADBN is not a play that I would be interested in playing with the chart like it is now. Generally stocks in their situation are only going to move with somekind of good news, or even rumor of good news. Either that or it can be part of a P&D.