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BLounz

04/08/13 7:34 PM

#1114 RE: jlcali621 #1112

Otcmarkets.com confirms the float it 36 mill. A/S is higher, at 400 mill, but that's to be expected. This stock looks VERY promising for both short and long term investment

ospreyeye

04/08/13 11:18 PM

#1124 RE: jlcali621 #1112

Thanks.....glad the info. Helps.....I'll post an intraday chart to show how the EOD selling created some Bearish Signals......LATF needs to close above MA(200) on the Daily chart to head higher........

If that happens MA's(100 & 50) will be on deck......$$$

ospreyeye

04/09/13 1:02 AM

#1162 RE: jlcali621 #1112

LATF 30 min. Chart: Parabolic SAR flipped to a Sell Signal the last 1/2 hr. of trading on very Lg. Vol......

As this chart shows LATF hit HOD @ 1:30 on the 2nd largest 1/2 hr. of trading on the day......Vol. began to decline as LATF was topping......

Lower highs were being made each 1/2 hr......the Doji @ 2:30 was the Red Flag.......the Hammer that formed w/ a lower high @ 3:00 confirmed the top......& the last 1/2 hr. of trading investors scrambled to unload......

The last 1/2 hr. had a dramatic spike in Vol. compared to the previous hr.......the Vol. was to the downside & the MM's dropped the share price all the way to 0.03........finally settling @ 0.033......which happens to be MA(10)...

Not a coincidence LATF found support @ MA(10)......and not a coincidence LATF bounced just above MA(20)/Middle Bollinger Band....checkout the lower tail on the last 1/2 hr. candle.......

LATF has been trading in the Upper BB channel between The Middle BB & the Upper BB since it closed above those levels on April 5th ......in the Bullish BB Channel the Upper BB is resistance & the Middle BB is support.......

As long as LATF stays above the Middle BB @ 0.028 the uptrend should continue......remember, this is a 30 min. Chart.......

Parabolic SAR (orange dots) flipped to a Sell Signal the last 1/2 hr. of trading.......MACD is starting to hook down......keep an EYE out for a Bearish Crossover......

Checkout DMI w/ADX above the chart.......+DI(green line) Bearish Crossed ADX(black line) the last 1/2 hr of trading.......this is a Sell Signal.......the Big red candle confirms this.......

RSI @ 56.17......Fast Sto @ 54.68.......pulled back, but still above 50 & in the Bull zone......Keep an EYE out for a drop below 50 on both indicators......that will signal downside risk......

FORCE shows the dramatic EOD selling & is ready to turn negative......CCI had been in the power zone, but dropped below 100 the last 1/2 hr. for the 1st time the entire day.....LATF finished at it's lowest level for the day on CCI......

Accum/Dist, OBV & CMF show investors loaded heavily today.......MA(50) @ 0.024 Golden Crossed MA(100) @ 0.022 after the opening bell today......

As this chart shows LATF ran from 0.017 @ 3:30 on April 4th to 0.042 @ 1:30 April 8th........in 11hrs. of trading.....basically 2 days.......something to think about.......

The Indicators were looking very bullish until LATF hit MA(200) resistance on the daily chart........as this chart shows, it's helpful to look at intraday charts as well as daily & weekly charts for better technical analysis.....

The key for tomorrow is to close Above MA(200) @ 0.0.3 on the daily chart..........if LATF can do that the party will continue.......MA(10) @ 0.02 on the daily chart resistance just broke Mon.......may need to confirm before heading higher........

The long upper tail on the daily chart is represented by the action during the last 1/2 hr. of trading......for future reference when you see a long upper tail on a candle be sure to check the intraday charts.......a long upper tail alway's represents selling pressure.......

LATF on hold MA(10) support or bounce off the Middle BB on the 30 min. Chart radar........$$$