Here's one from me:
WTER.OB
1.) Broke the 20, 50 and 200 EMA today, and closed right at the 200EMA.
2.) This might have a golden cross in the next few days or so (20 EMA crossing 50 EMA)
3.) RSI and CCI indicators seem to be trending up to the "BUY" levels; stochastics are looking bullish too.
4.) Chart shows 3 upcoming resistance points - the 0.20, 0.30 and 0.37 levels.
5.) Today's volumes was impressive nonetheless; dont see any news released, except for one releasaed on July 14 about a private placement completion (http://biz.yahoo.com/bw/050714/145684.html?.v=1)
6.) http://www.waterchef.net/index.php for reference (an excellent scientific advisory board is in place...take a look at it)
BUSINESS SUMMARY
WaterChef, Inc. engages in the design, manufacture, and marketing of 'PureSafe' water purification equipment within and outside the United States. PureSafe eliminates the living pathogens that pollute nonprocessed water, such as bacteria, cysts, viruses, and parasites. The company's PureSafe water station converts 'gray' or bathing grade water into United States Environmental Protection Agency grade drinking water. WaterChef is headquartered in Glen Head, New York.
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Check it out vic666.
travis, thanks for pointing that out..I actually saw this was at 0.24 yesterday, but did not post anything as there was no interest on this stock after my first post...I too did not buy in when I posted as my cash was tied up elsewhere, ans honestly, I was just trying to contribute and see how my pick would do and to test the theory behind the pick.
looks like it worked.
from this point on, what I see based on the chart is this:
1.) the stochastics indicate there might be pullback to 0.20 level
2.) if things go the way I see it, an "up-hook" pattern will form where in the previous resistance of 0.18-0.10 will be support, and this will rise back up from those levels.
3.) Also watch out for a "golden cross" formation coming up on the 50 and 200 MA's
Let me know if someone is playing this...vol. is really impressive in my opinion. ;)
on point no. 2, it should have read "0.18 - 0.19"
Watching this pull back, I want in for the next go.
I was almost scared to come in here vic with that "666" at the end of your handle ;D
Take a look at the 3 year chart, Falling Wedge, breakout
Great pick Setravis!
here's an update...looks like my prediction came true...saw support at 0.20, broke down briefly today but reversed and closed nicely at 0.203. looks like it will move back up again from here...this time if it take out 0.29, might head to 0.37 (next resiatance level from 2 yr. chart).
unfortunately though I picked this, am not playing it as I have my funds tied in others... :(
oh well, living and learning! ;)
dang!!! what a solid day for this...continued high volume and a 20% up day. pity I couldn;t get into my own pick.
ok, here's my prediction again: this will most likely take out 0.29 and head towards 3 yr. high of 0.36, if that's broken, this will head to 50 cents without a doubt.
good luck to those who r playing this, I envy anybody who is long on this one as of right now. :D
Quote from: vic666 on August 11, 2005, 10:07:44 PM
unfortunately though I picked this, am not playing it as I have my funds tied in others... :(
oh well, living and learning! ;)
You did pick this vic666.
I take no credit for this. Phabrux just made a mistake.
It looks like this is ready to rumble!Volume back up .
Great pick vic666....applaud your work!
travis,
not a problem...as long as someone else is making money out of my pick, I'll be real happy. :)
thanks,
vish'
Break of 200dma today, previous top is .29.
Last Trade: 0.168 Change: 0.020 ( +13.514 %)
Previous Close: 0.148 Today's Open: 0.150
# of Trades: 100 Volume: 1,785,400
Avg. # of Trades: 24 Avg. Daily Volume: 698,545
nice action here, showed up on my indicators over the last few days
#trades (50 days): wter : 177 113 316 44 20 9 42 24 18 18 13 18 19 9 19 17 27 27 18 15 23 67 26 47 11 49 49 81 21 12 32 32 7 26 42 21 21 27 16 8 28 18 7 23 14 9 14 20 44 56
WTER.OB Average Volume:
3days: 2888104 +164.6%
10d: 1091446 +45.9%
30d: 590824 +37.3%
90d: 370541 -73.0%
180d: 641185
this might be a good short term play again...granted, I missed a 3 bagger on this one since the bottom of $0.07 beginning of this year :(
1.) Anyways, chart looks good and the next resistance level is $0.29 range.
2.) Next resistance is all time high of $0.37 (look at 3 yr weekly chart)
3.) 20 MA crossed over 50 MA on Friday (bullish crossover)...next up is the 50 crossover of the 200 MA and I believe that will happen very soon.
here's some recent news...$10 mil. contract signed with Chinese company for sale of their water purifier units...
http://biz.yahoo.com/bw/060418/20060418005123.html?.v=1
comments?? :)