Hi,
have a look on BHIP...Possiblie Inverted head and shoulders...
Time : end of day
Buy : Between 10.5-11...
Target : 15-16
BHIP baby :D :D :D :D ;D
Extended down trend.....could be a bottom....what say you?
Anyone care to comment......Hello out there! ;)
BHIP looks interesting. Seems to be coming off the bottom. Great Volume coming off the bottom after poor earnings last quarter.
Yes deffinitely looking interesting, not sure whats really up?? maybe shorts thinking its time to cover??
From Yahoo AP release
Volume Spikes: INOD PLSB BHIP NUCO
Wednesday January 10, 1:27 pm ET
"...Shares of Natural Health Trends Corp. traded heavily after the Dallas-based marketer of health and cosmetics products said it named Gernot Senke, 44, chief operating officer.
At midday, investors had bought and sold 1.2 million shares, compared with the normal trading volume of 46,000 shares. The stock rose more than 58 percent to $2.45....."
But I can't really believe this is whats causing all the excitement.
Will watch this one, also need to do a little more DD digging. weekly chart was showing some divergence going into this run up.
Happy investing / trading
Quasi
PS, Hey Setravis, can we get the title of this thread changed, sebfr's "BHIP...Possiblie Inverted head and shoulders..." is misleading at this point. As I've mentioned before, best to keep the title simple. You've got the pull, hope you can do something, thanks.
Any chance this can be the BARR pattern or a cup and a handle forming?
Quote from: hottea on January 12, 2007, 08:27:09 PM
Any chance this can be the BARR pattern or a cup and a handle forming?
Not sure about the formation of a cup and handle as the rounded base is a little short and erratic, I would call it more of a breakout from a descending trend channel. But these things are rather open to interpretation, all depends upon what you want to see and what you want to justify.
Bottom line is that it is a bullish signal, short term, now will there be a pullback and continuation, that is the question?? From the TA standpoint my interest is perked, however I'm not a fundamental guy but David R has got me into looking at it more and more. The revs are rising nicely but they have also been printing shares, the EPS is still not looking that good due to the dilution. I think this is more of a turnaround play, and looking to the furure.
And what is a BARR pattern, haven't heard of that one before ???
happy trading / investing
Quasi
also daily shorter term chart below
I thought it looked like a bump and run reversal is forming on the monthly chart. It's at about half way of the bump. Not sure about the time frames...
http://www.3stocksonfire.org/trading/index.php?topic=6251.0 (http://www.3stocksonfire.org/trading/index.php?topic=6251.0)
a cup and handle ?
BHIP breakout
APT Satellite Holdings, Natural Health Trends: Biggest Price Gainers (ATS, BHIP)
October 4, 2007 4:32 p.m.
APT Satellite Holdings Ltd. (ATS) topped the list of Biggest Percentage Price Gainers on the New York Stock Exchange at the close on Thursday. See the full list.
http://online.wsj.com/mdc/public/page/2_3021-gainnyse-gainer.html?mod=mdc_leader
(BHIP)Natural Health Trends Corp. topped the list of Biggest Percentage Price Gainers on the Nasdaq Stock Market. See the full list.
http://online.wsj.com/mdc/public/page/2_3021-gainnnm-gainer.html?mod=mdc_leader