mika 131 posts msg #29674 - Ignore mika |
11/6/2003 12:31:39 AM
I thought this might be a fun exercise to do. Grade these A to F.
Here are some of my picks for Nov 5:
AMWS
GNBT
PACW
FMTI
CYPT
TRIO
SMTX
SMRA
SLTC
KANA
INDS
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txtrapper 548 posts msg #29685 - Ignore txtrapper |
11/6/2003 9:39:43 AM
My picks for Thursday, November 6th. Grade A thru F
FSRCE
MCLD
PCOM
TMR
CKSW
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mika 131 posts msg #29704 - Ignore mika |
11/6/2003 3:57:23 PM
Typo: That should have been:
TBIO
IMDS
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EWZuber 1,373 posts msg #29725 - Ignore EWZuber |
11/7/2003 12:14:56 PM
txtrapper
MCLD...ran up against trendline resistance of a line drawn from the high of 7/15 across the high of 9/24 to the present at $1.57. The stock actually tested this resistance yesterday morning at the open, attempted to break it but was pushed back by sellers. Being overbought while testing resistance put two strikes against it before it stepped up to the plate.
This trendline was confirmed as resistance again today.
TMR...A trendline drawn from the high of 8/25 across the high of 10/17 pegs the entry on this one at the morning of 10/4. A more aggressive entry can be found by using more aggressive shorter term trendlines.
IMO, yesterday this one was too overbought @ 82 on the Daily chart stochastic indicator to be a good low risk entry. Stochastics rolling over now.
My intention here isn't to be critical, just wanted to help you out. Just MHO.
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