Replies to post #17218 on lowtrade

[Cee-It]

What do you think of the breakaway gaps in PSTI ?

IMO it would not be surprising to see this continue flying upward and NEVER return to those levels. A majority of analysts feel the stock is substantially undervalued, even after those GAPS, and the movement into final trials and the probability of a near-term JV with a major pharma are all going to move and pressure the price into a continuing upward level.

I'm not sure such a thing can be "seen" in the charts, but the increased volume certainly seems to be sayng that the market is becoming more aware of the potential near term gains ahead.

TYIA and GLTA

[Horns in ATX]

IBM - Breakaway gap? Any thoughts on this one, lowtrade?
Thanks, Horns

[frodo_1978]

TADF: Cup & Handle Breakout in progress (charts)

Hey lowtrade, ive got a couple of sweet TADF charts enbedded below . Keep her in your radar, she could have a parabolic move here in the near future. TADF has got a beautiful textbook Cup & Handle pattern going, and just this past week it breached the top line of the handle portion of the pattern. A clean breakout of this pattern, and she will really move. GLTA (two charts below)

[trader53]

Hey lowtrade,

I read, with great interest, your discussion on "Gaps".

I'd like to get your opinion, and assessment of the "Gap" that appears in the following chart of ASYTQ.

(The company filed Voluntary Ch.11 BK in April 2009.)

The company has $18M in cash, protected by the court, and only 50M shares outstanding, which = 0.36c cash per share value, which would fill that "Gap".

This is also a very possible "Reverse Merger" play with a private company called Crossing Automation", which they sold a lot of assets to, and is using their logo, address, has their Intellectual Property, and more.

What do you think?

Thx,
trader53

[Lucky_Charm$]

wow, I guess I just assumed the tail of a 'Daily' candle 'FILLING A GAP' was good enough....hmmm, nice

[vienna]

the time and labor you put into sharing your knowledge is incredible--thanks and best of luck to you

[Flip]

Can you clarify that the words "runaway" and the "exhaustion" gaps on the chart should not be switched?

[Strong99]

Hi lowtrade...Love your board and read it often...I was reading this post of yours last night on gaps...Do you think the same principles apply to otc stocks that you discuss here...subpennies to be specific? Thank you.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52290086

[Xzibit]

Great post