EWZuber
1,373 posts
msg #40887
- Ignore EWZuber |
2/2/2006 3:24:10 AM
CTCH--looks like it is going to move up a tad soon,possibly tomorrow. Hard to say if it will break through the 50 DMA.
PRLS--on a close above $7.35.
SPAB--on a close above resistance at $0.95
AVNX--on a close above the 25 DMA at $1.16.
EGHT-- at support @$1.85 w/stop or a close above $2.05.
JMHO
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EWZuber
1,373 posts
msg #41006
- Ignore EWZuber |
2/6/2006 4:01:01 AM
Looks like GOOG could bounce off of TLS at ~$358. I would expect a basing pattern first and some consolidating. Needs to close this week above $372.
CX--also looks ready to move higher.
GV--about to make a major long term move up,IMO.Testing the 50 DMA currently.
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EWZuber
1,373 posts
msg #41007
- Ignore EWZuber |
2/6/2006 4:07:24 AM
Short term buy signal on PRLS at the close friday.
CTCH no buy signal yet.
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EWZuber
1,373 posts
msg #41018
- Ignore EWZuber |
2/6/2006 2:56:42 PM
VLNC, TGA from 1/23 post have done excellent.
Correction on 2/6 post, should read CNX not CX. Has done very well.
Entered CTCH at $1.02. They may still slam it before a move higher to shake the tree so keeping the trade in the short termfor now.
JMHO
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stocktrader1989
11 posts
msg #41024
- Ignore stocktrader1989 |
2/6/2006 3:57:05 PM
I have a question. It seems that you like stocks that break above their resistance levels. Everytime I see a stock break above a resistance level, just about every time I see it come crashing down. Is that style of trading profitable?
What I just bought:
GTW- $2.42
SIRI- $5.33
CMGI- $1.38
HISC- $.042
BELM- $6.10
TPC- $1.81
all of these stocks are at support levels and have proven they can move off support
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EWZuber
1,373 posts
msg #41027
- Ignore EWZuber |
2/6/2006 5:03:09 PM
The only time I will buy a stock at support is if the stock is already in an uptrend. Most low priced small caps are not in uptrends. Most of these calls are calling bottoms where support (if there is any at all) is typically very short term and can not be trusted so a show of strength is needed,IMO.
And yes it works well. I more than doubled my portfolio last Summer.
TPC has already broken ST TLR at $1.80.
CMGI is forming a bottoming pattern now, almost bought that one myself today.
HSIC needs to hold pattern support at $0.41 it could easily have more downside.
GTW is going lower, this is not the bottom,IMO.
SIRI looks very close and has MA support around this area.
BELM looks very close to a bottom too.
Looks like you have done a good job picking most of these but consider that none of these stocks can go anywhere without breaking TLR and confirming accumulation with a stochastic fast line crossover. with the system I use they have to be bought AT the break not at the top of the break. If you buy these small caps while the Hourly Chart is already overbought you will probably get stopped out.
QQQQ broke ST TLR and formed a ST buy signal today at 40.65.
JMHO
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EWZuber
1,373 posts
msg #41860
- Ignore EWZuber |
3/9/2006 3:20:48 PM
Closed CTCH at $1.35 for +32%. The stock did have a last dip as expected.
Entering CDSS at $0.59.
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EWZuber
1,373 posts
msg #41861
- Ignore EWZuber |
3/9/2006 3:33:55 PM
Would also like to note that GTW that I commented on, on Feb.06, I said this was not the bottom. It's down about -16% as of today.
CST said that long term charts were in distribution.
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EWZuber
1,373 posts
msg #41862
- Ignore EWZuber |
3/9/2006 4:09:15 PM
Entered SFLK just before the close at $0.83.
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stocktrader1989
11 posts
msg #41864
- Ignore stocktrader1989
modified |
3/9/2006 8:46:39 PM
EW- Thank you for saving my @ss on GTW. I took your advice and sold it the next day for a small gain
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