Replies to post #48332 on Hemi Energy Group Inc. (fka HMGP)

[midasman]

just in case someone thinks this is only my 5 cents: go back to chart shool...http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_b

[bdahl385]

I will agree with you that any advance in HMGP sp will most likely be from a purely "technical bounce". The momo players could move this up quickly on any type of upward pop. With the long down trend base-lining now, the chartists would be encouraged by any break to the upside.

The fundamentals for this stock, on the other hand, do not look well for a long term play. I would use any rapid sp bounce to sell into the advance. Maybe not all, but at least half if it fits your situation.

[mike_t]

Can anyone still see this HMGP chart? I cannot.. would like to follow it along..any input ???????? or maybe you could repost