News Focus
News Focus
Replies to #67252 on Rags to Riches
icon url

The_Free_Nebula

05/13/11 12:53 AM

#67255 RE: Hawks_Stocks #67252

Had PSPW on my list...guy told me about 11 april and it tanked after that...took my eye off of it....damn
icon url

darbyflier

05/13/11 1:04 AM

#67260 RE: Hawks_Stocks #67252

Honestly, I suck at the .000s - truly just gamble money. Can't help with PFMS. SFIO, wow! I would be selling at .0675 - .07 depending on how it continues. These prices represent a second touch at the top of a volitile channel and it will rest or resolve down from there, IMO. If it doesn't spike up and just moves slightly down (on decreasing volume) or sideways, watch for adding or entry depending if it forms clear continuation patterns (like a triangle, scallop, flag, rectangle, etc) Here is the chart and the only framework I can apply at this point:


PSPW could continue form a small flag (very short 2 min or 5 min chart). I'd wait for a move above ~1.70 and buy momentum of continuation, otherwise, wait for that flag to develop more. 1.60 - 1.70 could be the spot and nothing wrong with paying a bit more on a volatile mover just to be sure and not get trapped in case it collapses instead. My gut thinks it goes higher.