Hey, everyone!
Check out Sento Corp stock (SNTO). I just bought this yesterday at 3.98. I got myself 1000 shares of it. I bought because I liked the volume/price action, and the fact that it was above the bollinger band. I see it's set to go up over 30% tomorrow morning!
The other stocks I have are NVAX, GNBT, and WIRE. I sold BRLC this morning at $6 after buying at $4 a week or so ago. I see that BRLC went below the bollinger band, indicating it may be running out of steam.
I'll be on fall break at college later this week. I'll have more time to watch the market which I can't usually do during class. LOL
Talk to you later!
Leaira
I brought some SNTO today at $4.00 and sold in after hours at $5.30.
Check out AVII. It is on the move.
I'm still holding onto my stock. I see it last traded at $6 after hours. Besides, I don't know how to trade after hours (and didn't know you could until a few days ago).
I looked at AVII, and it's pretty high above the bollinger band, so I'm gonna wait a bit before I get any of that one. It looks a little overbought to me.
Happy trading!
Leaira
Sold both AVII and HEB today. They both moved up nicely today and look overbought. Looking for a pullback on both to get back in. Waiting for moves on SVA and VICL. ::)
Good luck in your trades. :)
Thanks!
I wish more teens like myself would get into the stock market. It would be better than spending all their money on clothes, CD's, jewelry, shoes, etc. Do you have any suggestions how I could get more young people into this?
Leaira
I totally understand your point about kids just wanting to spend money on everything. But I've noticed that trading isn't that difficult if you apply technical indicators. But you do have to study a lot and learn how to use them.
I really wanted to invest the money that the cheerleading squad at my high school has. I'm a freshman in college now, but I have friends still in 11th and 12th grades that I cheered with last year. We've always been on a tight budget, and not always able to afford new uniforms every year or to travel to competitions, etc. I thought if I picked stocks for the cheerleaders, they could buy them with the money the squad has, then they will be better off financially, and they'll be able to afford those things. What do you think about that?
Thanks!
Leaira
I was not familiar with this stock. sounds interesting. I'll check it out
this stock is probably gonna run tomorrow.
look at the close on Friday; it went up then got slapped down a bit; but there was a nice green volume candle at close.
expecting a PR, maybe tomorrow, on large contract they received; this stock is finally in an upturn if you look at chart, and should go up a buck or two...
still gonna go up too! This is a turnaround. Take a look at the chart!
http://img134.imageshack.us/img134/2329/snto8pm.png
I sold SNTO today at 6.20 for a 55% profit! I made over $7,000 this week between this stock and SVNX.
Leaira
I just found this post. I like the market cap is only $26 million and yet forward sales will easily be $50 million and profitable. I think this is a good one so I bought today.
Dog gone it! I see the thing went up over $7. :o
I wish I would have held on to it!! It just seems unlikely for a stock to keep going up if it's already got 4 white candles in a row. If it pulls back on Monday I may get back in if it really is undervalued.
Leaira
I was thinking of another stock (SVNX) with 4 white candles. I sold that too, and I'm glad I did. But I think I made a mistake by selling this one. I made the same mistake I made with SMTX a couple months ago.
Leaira
Wow, you are doing great though. I need to take some lessons from you. I am not great a picking them! And I am studying charts at night but I still don't know what 4 white candles mean. And why do you not want 4 white candles?
P.S. I have a big holding in VPHM because I believe in the fundamentals of the company....
The more white candles in a row, and the longer they are, the more likely the next day will be down on profit-taking, or even a short term reversal or sideways move. In other words, the stock is a little overbought. It's all about odds. You want to trade with the odds, not against them.
Good luck!
Leaira
actually, that is a bunch of nonsense, about the candles (though logically, I can see why you would think that). Some of the biggest plays are after you see the initial white candles. In Elliottwave, this is called a MOTIVE wave. Sometimes they last for days! You can always have small dips, but the trend is straight up! It has to have volume though, and strength. Look at the other indicators too.
SNTO is going up on Monday. Probably a giant ramp-up... maybe up to $9. (unless the market tanks, then all bets are off).
You have to consider a lot of things. This stock is undervalued, for example. It's worth $12 at least.
Take a look at a 2 year daily chart. You will see the stock was at 17.89 last March.
Also check out their price history. You will see this stock jumps up several dollars at a time on occasion.
http://finance.yahoo.com/q/hp?s=SNTO&a=00&b=01&c=2004&d=03&e=12&f=2004&g=d
Also, listen to the CC and read their SEC stuff.
You may be interested to know this company just turned around. From a loss, to a winner. If you look at the chart, you will see it's been going down for a year. Now just started turning up. It will be going up, possibly higher than 17.89 (will take awhile however. Rome wasn't built in a day). They forecasted more earnings than this past quarter for next time. They has 6 new customers, and only have mentioned 3 so far. There are more PR's coming. They are hiring hundreds of people.
Anyway, on Monday: GAP UP!
If you looked at the Friday close, it closed at high of day, 7.05. And AH there was a lot buying, and it closed at 7.42.
I entered SNTO in the stock picking contest.
Let's see what happens this week. My guess this is gonna fly thru the roof.
Stock moved up today like I thought it would.
currently it's at 7.70... a nice .65 increase.
needs to break thru 7.75, then it will run like the devil.
Today SNTO finally made a move to 8.20. Closed with a strong candle at 8.
Look for more upside in this. Should get to 9 easily.
if market is red tomorrow, may pull back a bit: load up
This company is growing and earnings will be higher than last quarter. The same quarter last year they had a loss.
SNTO is a great company. They are hiring like crazy.
Ascending Triangle (continuation) Pattern
Could be good to go.
Haven't the time to write more, very tired,a long day !
News on SNTO this morning of another big contract. This looks like a great future for this company. Anyone else holding long?
I'm still in SNTO. Anybody else looking at this one?
I've been eyeing this stock for 3 weeks now, have not figured it out. I'm afraid to put anything significant because of such low volume.
Any thoughts?
I've been in it since $8. Earnings are due tomorrow. The company is looking to double their size this year and they have big contracts. The fundamentals seem good. We shall see tomorrow at 4:30 pm. Even though the volume is low the price has been stable and in an uptrend.
Today's closing chart.......
52wk Range: 1.90 - 10.85
Volume: 2,818,289
Avg Vol (3m): 41,139.1