Will get out some charts on these plays before close 2day as I plan to enter 1 or 2 before close or tomorrow. Would greatly appreciate comments/insults/donations/a try at that new 15lb hamburger :o..lunch time.
:) Long: MSSN, PACT, PQUE
:-X Short: BEAV, CTXS, OPMR, PLLL, TZIX
hmm running out of time so I'm focusing on a short. Looking to short OPMR if it is below 18.35 near close. It has just dipped below a long standing trendline. The candle today looks horribly negative. I sense weakness. Stopping it just above 19. Looking for 16s-15s. Chart comin up.
just after my last post it dives 30 cents. This play is active. Might be able to pick it up higher tomorrow but I like what I see. Check it out
EliteG, it's strange, considering the title of your post ;D, but I just saw it. That short of OPMR looks to be a nice play 8)
Now I don't have time to analyse your stock picks, but I'll put them on my Metastock watch list ...
Good trades !
OPMR update. Babam she is goin down. Hard not to take profits here in the support zone. Will think about taking profits...but tryin to stick to plan...
half out 16.82...not sure if will hold overnight, rock on!
oh gotta move stop thinkin anywhere from break even (18.15 for me) to 17.80 should be good.
nice trade !
thanks.
tryin to short DRIV(26.40) here intraday, stoppin it at 26.57
Quote from: eliteG on May 06, 2005, 01:21:02 PM
thanks.
tryin to short DRIV(26.40) here intraday, stoppin it at 26.57
On a fast intraday move...ok... otherwise, I guess it could be a bit risky, because its on a very oversold area...
good luck ! ;)
agreed, definately an oversold area..but maybe thats why it'll work..hehe looking for a quick scalp but I'll only hold it till 2:30-2:45ish unless it gives me some great signs.
busted on DRIV, hehe, tried to sneak one. ::)
covering all OPMR, awesome gains. ;D
goin long ABLE around close, i really like chart, will postchart after close. 8)
ABLE looks hottt to me.
I called um up and it seems earnings are early next week.
I am long (8.61)
... 61.8% Fibonacci retracement we have a descending trendline break and volume has picked up.
If results are out next week and the stock was up so much it might be because there's a «buy the rumor» affecting the stock. If that's the case, price should go up until the news is out and then fall.
Thanks for the pick, I'll be considering it for our 3 Stocks on Fire report on Monday.
thanks for the fib analysis helps ;)
stock is on the hard to borrow list:
2 links where you can check this out follow...
http://www.shortpicks.com/hardtoborrow.asp
http://www.buyins.net/
Now I think the candle on Friday has really exhausted shorts. I believe a quick move to 10 is imminent...still thinking about placing a very aggressive stop...bottom of candle or giving it more room to run.
ABLE - nice move! I like the slow volume move up(i call it the drift) can lead to wild spike
OPMR - sorry this is posting so late(had trouble with the site crashing on me 3 times) it was great to cover on Friday after this move up here today, but now it is totally shortable and the greatest short area 18.50s in the middle of Thursdays candle is gone...but this def still shortable. Find the right place
REVU - nice move after earnings
... advancing 7.5% today :D
Saved your links on my favorites, good info, thanks.
ABLE - I now found out that earnings happens Friday(spoke to controller at ABLE) I believe this stock may still be a good pickup today. I have it at a price of 8.61. anywhere from there to low 9s may be a good buy. I would wait for end of day or beginning of day tomorrow though if picking this up.
REVU - I like it under $6
ABLEs about to be tested low. Lets see if she can hold.
well ABLE started to tumble...definately wrong in not taking at least half profits this morning but the truth is I like this stock till earnings Friday. Still up but its not 9.45...mannnnn
ABLE - interesting day, up 6%, looking for another gap up 2morrow
ONXX - short @ 30.20, saw it just b4 close, weak candle, broke trendline...thinking of stop around 31.20ish
ONXX - got butt kicked stopped out at 31.31
ABLE - allright
Quote from: eliteG on May 10, 2005, 10:03:43 AM
ONXX - got butt kicked stopped out at 31.31
ABLE - allright
Hi EliteG !
ABLE is doing fine, but I think it misses the volume... It has a resistance level near $10, and it could start making a trading range 7.5/10, which is a bit dangerous at this level.
what do you think ?
thx i was hopin for some suggestions ...i was thinkin about it and ABLE has become more of a news play than technical...and so instead of selling it here I am thinking of aggressively stopping it(around entry 8.50). What do u think? some of my thoughts:
1. There is uncertainty with when the earings date is.
2. When this is relieved stock price should jump:
a) relieving uncertainty makes people happy(buyers)
b) earnings announcement trend, on small speculative companies
3. Indecision is showing with doji and low low volume.
Quote from: eliteG on May 10, 2005, 02:09:47 PM
thx i was hopin for some suggestions ...i was thinkin about it and ABLE has become more of a news play than technical...and so instead of selling it here I am thinking of aggressively stopping it(around entry 8.50). What do u think? some of my thoughts:
1. There is uncertainty with when the earings date is.
2. When this is relieved stock price should jump:
a) relieving uncertainty makes people happy(buyers)
b) earnings announcement trend, on small speculative companies
3. Indecision is showing with doji and low low volume.
I agree... ABLE is on an indecision zone... the last fridays breakout gave a buy signal... but it looks like it's wainting on something...
out of ABLE, 8.90...i'm a technical trader 8)
Quote from: eliteG on May 10, 2005, 02:51:18 PM
out of ABLE, 8.90...i'm a technical trader 8)
Yeah.... that's what I say, everytime I'm not focused on the charts ;-)
You have been doing a great job here at 3stocksonfire.org, congrats for all your nice posts here !
thanks,
Yep I wasnt focused on the charts and that...that can be real bad.
Thank you very much, I really think this site is great.
shorting XMSR b4 close, chart up after close probably
just made it into TWTC long as well
some reasons XMSR
some reasons TWTC
hehehe EliteG, in such a vast market like the US and without reading your message I have picked TWTC as a Stock on Fire. I'm buying it tomorrow.
This site has a mind of its own ...
Thanks for your posts !
awesome, TWTC looks nice. Check out "Stocks under $5" topic in <Stock Picking>. ;)
TWTC - I decided that TWTC is not my kind of technical trade, so I got out...i realize i may really regret it.
XMSR - nice movement, thinking of staying with it overnight. It wantes the support of 25 real badly...
goin long IMCL b4 close, somethin cookin, I'll have chart up sometime.
I decided to go long IMCL because:
1. While daytrading it, I realized(or seemed to) that IMCL has serious support at these levels and it felt like accumulation, hard to describe.
2. bullish patterns on 5min, 10min, 60min, daily
3. cancer drugstocks are getting a lot of focus
4. i like what all my indicators are showing me, good moneyflow
5. imho, the market is goin up...todays candle/volume was amzing
I'll be travelling for a week or 2 so I wont be able to post as much.
IMCL - news out. I think the news will help the stock price although it is being portrayed as a negative news item.
XMSR - I covered yesterday, + a lil bit...shoulda taken what the market gave me earlier.
good tradin everybody 8)
Quote from: eliteG on May 12, 2005, 09:24:43 AM
I'll be travelling for a week or 2 so I wont be able to post as much.
IMCL - news out. I think the news will help the stock price although it is being portrayed as a negative news item.
XMSR - I covered yesterday, + a lil bit...shoulda taken what the market gave me earlier.
good tradin everybody 8)
Have a nice time while travelling 8)
Will miss you posts here at 3stocks ;)
thx, i'll try to post when I can
;)
I would like IMCL to hold this support(see chart)
"I have spread my dreams under your feet. Tread softly because you tread on my dreams."
dreams = stop
feet = support
let the chart speak...
looking to short MCRI
looking weak.