Search results

Exited GIGM @ 10.67, Resulting in a net loss of 2.65%. Volume had dried up measurably yesterday, and yesterday was clearly the day to exit. Had I have done so, it would have been a wash trade. Today was the 4th day in the trade. Looks like it suffered from a failure to traverse, but time will...

:D It sure is! Thanks very much for the positive feedback. May the stars continue to line up for us all! Just got another AMEX stock come up on my screen... BTJ. This is the second one in as many weeks. SIM was the other one. Oh well. For me at least, there seems to be plenty of picking from...

Well done on entering after the substantial move, only to see price continue in your favour. I also wanted to enter MIKR today, but my biases prevented me from that execution.

This is my analysis on BTUI, I'd be interested in others' opinions. On the daily chart, price was at the lower IT trend, as per the channels represented in Spyder's Wealth Lab scripts. This channel is trending up also. Price has been at the bottom of the shorter downward channel that I have...

My Final Universe is as follows: ANDE BTUI CBEY CMED COGO CTRN DTLK DXPE EZPW FTEK GIGM GMXR GROW IAAC IIIN ININ JOBS MGPI MIKR NEU OMNI RACK SMSI TIE TWPG TXCO XING Some people will have slight variations - there is no ONE Final Universe. Mine follows journal I pretty closely, without...

Excellent trade Gooch. Well done. Entered COGO this morning @ 15.64 and BTUI @ 12.68

On that note, re IIIN: MOUNT AIRY, N.C., Oct. 6 /PRNewswire-FirstCall/ -- Insteel Industries (Nasdaq: IIIN - News) today announced that its fourth-quarter 2006 earnings conference call will be webcast live over the internet on Friday, October 20, 2006 at 10:00 a.m. ET following the release of...

[/b] Thanks Gooch and Rick, more luck than skill, I think. It's very interesting to note that on day that I got in, the stock had extraordinary volume, yet the company statement about earnings was not announced until after market close. What did all that volume represent? Lots of...

Sold EZPW @ 41.86

Thanks for the excellent response. It makes the price action of today seem alot clearer, and in line with my thoughts about price rejecting a trendline/MA breakout. However I didn't go far enough back on the chart to identify the point on the 8/10. I'm new to this type of analysis, so I...

EZPW had me really confused this morning. I had it on my 'long' list, but it really travelled southward quickly before regaining, and heading north. I have seen when prices bounce off moving averages or trendlines before, but only on a daily chart, not realtime. Has anyone seen this before...

In GROW @ 27.08 And out again, realising volume was going nowhere. Bit of a misstep there, methinks... The daily looks ok, but the stock has travelled alot in the last few weeks. Volume is nowhere near Unusual...

In EZPW @ 35.94

Continuing to hold my shares in GIGM. On the daily chart, price seems to be holding at the right hand side of the IT trend. Also MACD is increasing, as is slow and fast stochastics. Volume is reasonable enough to suggest price will continue to increase, as per Jacks Jokari window. Bruno-R...

In GIGM @ $10.96

And here is the attachment...

In my attempt to study price in terms of channel analysis, I have created a spreadsheet to help me make note of the important points of the stocks within the FU, and to be able to have these figures handy when the market opens. I have attached a copy in the hope that others find it useful...

Looking at the EOD charts from today, I see the same as you in terms of GIGM. EZPW and BTUI also look like good candidates if price and volumes improves. I like how both seem to be at the bottom of their respective channels(IT).

I might have answered my own question. Given that the stock has travelled about 16% in the last 4 days, one should be wary, given that it has almost completed another 20% appreciation. Is this a correct assumption?

In learning a bit more about drawing channels, I see that Spyder has drawn an IT down, yet the WL script draws an IT up (albeit slightly longer). Couldn't it be said that GROW is in fact at the bottom of the IT channel, according to the WL script? I guess it depends one's trading...