Possible Buy,,,Momentum,Money Flow,Percentage of Resistance indicators all looking good for a buy,,,and low volume spill has already happened.Any thoughts?Thks
Hello Weightlifter,
I would be a bit careful with DSTI. Look at the chart below.
The stock climbed to point A with enormous volume. Then it took a 2 month correction and is back at testing the highs. But there's less volume at this attempt. This shows me fewer people believe the stock will advance, there's less money betting on that outcome.
So this $8-$9 level might be the high for the medium term ... but you know, the charts don't predict the future, but they can give you indications of what investors are thinking.
Thks for the quick reply and your feedback,You have a excellent site here,, :).
DSTI is one of my favorites, along with ENER.
I believe in their strong potential, especially looking for the long term.
Good luck with your trading.
:)
Cumulina.
There are better picks on this site with lower risk, in that range. Pehaps this stock will go up over time, but who wants to wait that long and how long will that be?
When the market is up this week, but still light volume, we have to be careful with stocks that are not showing bullish behavior. Volume is key to a move up past resistance. It may go up with low volume, but can it sustain that and is it real? I am not sure.
That's just my personal opinion. Good luck trading.
DSTI - DayStar Technologies, Inc. engages in the research, development, and marketing of products to the renewable energy photovoltaic industry. The company has developed a thin-film copper-indium-gallium-selenide solar cell for the direct conversion of sunlight into electricity. It is also developing a manufacturing process for solar cells.
10:11AM DayStar Technologies announces first sales agreement of Photovoltaic Foil to Blitzstrom (DSTI) 7.41 +0.53:Co announced the signing of a purchase agreement with Blitzstrom, GmbH for Blitzstrom's purchase of DayStar's exclusive TerraFoil solar cells. Contingent on DSTI's ramp-up of its production capacity, the agreement calls for monthly delivery of TerraFoil escalating in volume through the end of 2008 with price based on a variable market-competitive pricing mechanism.
AND TECHNICALS:
On target EliteG !!! Just bought DSTI, thanks pal :D
you welcome ;)
I bought in too, chart's a beauty. 8)
Awesome
EliteG do you have any target for this stock in mind? Or will wait for the momentum to fizzle out.
check out my post going back on May 20 ;) I was in at $7.44 ;D
stocky - I will take half out at the first sign of weakness, and let the rest ride out for the moment. Protective stop starting out at a lil under $10. If it does jump a lot, I do daytrade my swing positions sometimes. I will sell just before a whole number like 20...and look to buy in the dips. Mental barriers on this one would be 12.50,15.17.50,20 at this point.
Weighlighter - just awesome 8)
Thanks eliteG. I will be tracking your moves ;)
Kicking myself for not pulling the trigger earlier. I had a target buy at $6.25-6.50 but it obviously didnt get that low...
Looking to get back in around the low 9.00's if i get that opportunity. Could possibly see more rally tomorrow morning after a sell off at the open. Good momentum here. Riskly play to buy in tomorrow after a 60% run today.
-cal
I can't predict the initial sell off tomorrow but DSTI being a low float stock, there will be eager buyer at the very first dip and thats the precise reason that you did not saw any meaningful dip today. Also there are some traders who jump the stock at open. This usually lead to gap up. If the crude futures more rises for tomorrow then you can see more of the action in all energy related stocks.
And dont worry about missing any trade, you will have lot and lot of them every day.
DSTI is allright ;) selling half @ 12.20 allowed me the comfort of setting my stop low. Now its up for a second run it seems
stop now just under 12...I usually don't let a tall white candle retrace half its body...when I have a large gain.
anyone else still in this? Its a monster...38% play for me so far. 8)
eliteG I have sold my full position as I had very small no. of shares :) but your money management has been a very good learning opportunity [applauded].
nice gap up...new high! :o Man...hard not to sell it.
EliteG,
I would like to get in. Is it too late, I think 16.00 is possible? Should I wait till it fills the gap. Yesterday's close was 12.34? What do you think of DSTIZ? Up 34.5% today.
tommyt 8) - I would say holdoff... this move is losing steam. It doesnt mean it cant go up, but the safety net is back @ 8. I know its tempting...but i say dont even think about it. Lets find something just lifting off from its base ;)
I agree, even if it's hard to let it slide.
Found a nice quote:
"SPIR Picking Up Upside Momentum
Upside momentum is picking up in Spire Corp (Nasdaq: SPIR) again today (+24%) as traders see the company as a secondary play to solar energy play, DayStar Technologies Inc (Nasdaq: DSTI), which has been on fire lately. (see our 06/10 note) "
From: StreetInsider.com
Nice to see solar-stocks move! They are volatile, so watch out!
One of my favorites, ESLR, up 8.25% today.
I would appreciate komments to this... :)
(http://eslr)
Tried to insert chart, didn't work out to well... :(
Here is link:
http://stockcharts.com/def/servlet/SC.web?c=ESLR,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G
Moving in pre market :o
Had a good day G! Are you still holding the other half?
Great volume and price action... ;D
SOME NEWS OUT:
http://finance.yahoo.com/q?s=dsti
will it rebound soon? why it was down quite a bit today?
looking to move off bottom. Bought at 6.4
Its back !!!! ;D
"DSTI" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Thank You....and good luck with all your trades....make some $$$
I will leave you the chart while I'm in this thread
Quote from: REALDEALS21 on November 30, 2006, 03:18:33 PM
Its back !!!! ;D
Looks to be so REALDEALS21...... :D
Chart looks to have formed a Double Bottom (Reversal) Pattern.
It's at bottom........ ;)
52wk Range: 5.30 - 15.75
Volume: 1,540,789
Avg Vol (3m): 150,418
Technicals
Close Above the 50-day MA
Close Above the 13-day MA
Percentage Gainer
Last Price Quote is:
18.49%above 13-day MA
11.97%above 50-day MA
RS Rating: 8
Fundamentals
Key Data:
Market Cap (M): $41.60
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Double Bottom (Reversal)
The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in between.
Although there can be variations, the classic double bottom usually marks an intermediate or long-term change in trend. Many potential double bottoms can form along the way down, but until key resistance is broken, a reversal cannot be confirmed.
It is important to remember that the double bottom is an intermediate to long-term reversal pattern that will not form in a few days. Even though formation in a few weeks is possible, it is preferable to have at least 4 weeks between lows. Bottoms usually take longer than tops to form and patience can often be a virtue. Give the pattern time to develop and look for the proper clues. The advance off of the first trough should be 10-20%. The second trough should form a low within 3% of the previous low and volume on the ensuing advance should increase. Volume indicators such as Chaikin Money Flow, OBV and Accumulation/Distribution can be used to look for signs of buying pressure. Just as with the double top, it is paramount to wait for the resistance breakout. The formation is not complete until the previous reaction high is taken out.
Updating DSTI as it appears to be bouncing off of a bottom. Was a 20 minute daytrade for me, in at 2.90 and out at 3.15 for a quick 8.6%.
Might be worth watching!
(http://img394.imageshack.us/img394/2695/dstiis2.jpg)
DSTI...may be putting in a G-pattern as well. Most alternative energy plays should do well leading up to the presidential state of the union at the end of January. ;)
In DSTI...good volume today and a mini-G-pattern perhaps. Man this stock has taken a hit in the past year. Has only a market cap of 18 million.
DSTI is up 19% - and DSTIZ is up 23% (I have DSTIZ myself)
I'll add both charts.
Very nice looking chart and I love the action on the stock. :D
Yes - i think there is room for a lot more.
I hope they'll come with some good news - then we'll really see fireworks! >:D
Had some news on Debt restructuring and thats when the stock took a hit.
Dang I had a sell order at 3.90....thinking it would test resistance...but then the news hit the wires.
Oh well...we'll try again next week.
UPDATE 1-DayStar restructures debt, to raise additional capital
Fri Jan 19, 2007 4:00pm ET160
Jan 19 (Reuters) - DayStar Technologies Inc. (DSTI.O: Quote, Profile , Research) announced a series of moves to restructure its finances, including the transfer of a $15 million senior convertible note to a new investor and a $5 million equity raising.
The moves triggered a 15.3 percent rise in the solar cells maker's shares to $3.31 on Nasdaq.
DayStar said it entered into an agreement with an investor under which the original investor will transfer the debt, a Class B warrant and the associated rights of each to the new investor.
Hi, kslifka.
I think the stock surged ON the news, and THEN had a sell-off.
Really not so strange, as it has had some turbulent days.
I like the re-structuring, and hopefully that will give the company some room to work again.
The president is supposed to give a speak early february (i think it is?) and it should give a good boost to all alternative energy stock.
Have a good weekend.
It looks like it might have paid off waiting for "good things to happen" for holders of DSTI.
;D ;D ;D ;D ;D ;D
DAYSTAR TECHNOLOGIES INC COM (DSTI: NASDAQ)
Technology : Semiconductors
Last Price Today's Change Bid (Size) Ask (Size) Volume Trade
2.97 +0.38 (+14.67%) 2.95 x100 2.99 x100 1,116,611
NASDAQ Real time Quote
Last Trade as of 1:02 PM ET 2/6/07 < Return to Previous
Daystar Tech gets Nasdaq exemption over vote on refinancing
Marketwatch - February 06, 2007 10:19 AM ET
Related Quotes
Symbol Last Chg
DSTI Trade 2.97 +0.38
Real time quote.
SAN FRANCISCO (MarketWatch) -- DayStar Technologies Inc. said Tuesday Nasdaq has granted its request for an exemption to forgo a stockholder vote on the issuance of new securities in connection with its restructuring of an outstanding convertible note and a private placement of stock. Under its financing plan, the Halfmoon, N.Y.-based maker of solar cells said the convertible note was sold to a buyer who agreed that the company could defer payments of interest and principal on the note for thirty days. In addition, DayStar agreed to issue 825,181 shares of common stock to the original note holder in full payment of outstanding principal and interest. DayStar shares rose 18% to $3.05 in Tuesday morning trade.
Movin on up.
Looks like DSTI is starting to look real good and in a bullish light. Nice uptrend despite the massive sell off this past week. I know it's been said that alternative energy is a game not to be in but how can one look at this and argue? Solar stocks have been hot this past couple weeks. Is this a blip or a sign of a trend to continue? Any thoughts?
I own a little of DSTI. I know it's expected that energy demands will go down as the global economy slows. This should drop the Price per Barrel of Oil. I'm not sure how much of an effect it will have on alt. energy plays. Solar and Wind seem to be the safer plays since the technology is all ready there. Many solar companies revenues have been picking up as governments in Europe, China and some localities in the U.S. have been converting to solar power.
As far as DSTI. I will sell at the 200dma as resistance or a drop below the 9ema...which ever comes first ;)
I have purchased and sold this so many times over the last 18 months, I guess this time I was a nervous nellie. I have never lost $$ on this stock but there is always a first. I never thought to use a 9ema to track this. It seems to be a great gauge of when to sell this one. I just made a bad intra day trade on Friday so I may have to have a much higher bail out than the 9ema. I timed it wrong and bought a bunch at 5.21. Man what a bone head move. I hope DSTI saves me. 8)
Thanks for the tip.
Quote from: kslifka on March 04, 2007, 05:41:27 PM
I own a little of DSTI. I know it's expected that energy demands will go down as the global economy slows. This should drop the Price per Barrel of Oil. I'm not sure how much of an effect it will have on alt. energy plays. Solar and Wind seem to be the safer plays since the technology is all ready there. Many solar companies revenues have been picking up as governments in Europe, China and some localities in the U.S. have been converting to solar power.
As far as DSTI. I will sell at the 200dma as resistance or a drop below the 9ema...which ever comes first ;)
Did you close out your position? My order didn't go through to sell at the 9ema at 4.22 where it closed at so I am still stuck with a nice loss here. Knowing my luck is this thing will rebound and I will be screwed both ways. I would be curious to know if yours closed out.
I think DSTI will rock up for a while, time will tell.......
DSTI will continue in an uptrend with increasing volume over the next months.
My hot stock picks right now seem to be DSTI, XWG, QTWW, and GNBT... and even SIRI appears time to go up.
Head and Shoulders Bottom (reversal) Pattern
52wk Range: 2.00 - 9.60
Volume: 3,410,542
Avg Vol (3m): 370,370
Technicals
MACD - Bullish
Percentage Gainer
Last Price Quote is:
26.77%above 13-day MA
37.15%above 50-day MA
RS Rating: 83
Fundamentals
Key Data:
Market Cap (M): $67.48
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Float (mil) 13.70 Shares Outstanding (mil) 14.90
Worth the update.......
The Golden Cross is about to take place 50/200-day MA crossover.
DSTI will continue in an uptrend with increasing volume over the next months....JMHO of course.
52wk Range: 2.00 - 9.19
Volume: 730,796
Avg Vol (3m): 467,120
Technicals
Close Above the 13-day MA
Percentage Gainer
Last Price Quote is:
5.84%above 13-day MA
20.04%above 50-day MA
RS Rating: 86
Fundamentals
Key Data:
Market Cap (M): $93.85
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
DSTI...will have a nice day tomorrow and I have no money to buy. :'(
Buy some calls ... August $7 calls only .40 cents :)
hey do you have a link for me to the optins?? ( calls)
thanx
Head and Shoulders Bottom (reversal) Pattern.......
Along with "The Golden Cross",
the 50-day MA crossover of the 200-day MA.
52wk Range: 2.00 - 8.90
Volume: 1,741,179.............. ;D
Avg Vol (3m): 475,782
Technicals
Close Above the 13-day MA
Percentage Gainer
Last Price Quote is:
11.80%above 13-day MA
27.15%above 50-day MA
RS Rating: 92
Fundamentals
Key Data:
Market Cap (M): $101.74
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
The Head and Shoulders bottom is referred to sometimes as an Inverse Head and Shoulders. The pattern shares many common characteristics with its comparable partner, but relies more heavily on volume patterns for confirmation.
As a major reversal pattern, the Head and Shoulders Bottom forms after a downtrend, and its completion marks a change in trend. The pattern contains three successive troughs with the middle trough (head) being the deepest and the two outside troughs (shoulders) being shallower. Ideally, the two shoulders would be equal in height and width. The reaction highs in the middle of the pattern can be connected to form resistance, or a neckline.
The price action forming both Head and Shoulders Top and Head and Shoulders Bottom patterns remains roughly the same, but reversed. The role of volume marks the biggest difference between the two. Generally speaking, volume plays a larger role in bottom formations than top formations. While an increase in volume on the neckline breakout for a Head and Shoulders Top is welcomed, it is absolutely required for a bottom.
Head and Shoulder Bottoms are one of the most common and reliable reversal formations. It is important to remember that they occur after a downtrend and usually mark a major trend reversal when complete. While it is preferable that the left and right shoulders be symmetrical, it is not an absolute requirement. Shoulders can be different widths as well as different heights. Keep in mind that technical analysis is more an art than a science. If you are looking for the perfect pattern, it may be a long time coming.
Analysis of the Head and Shoulders Bottom should focus on correct identification of neckline resistance and volume patterns. These are two of the most important aspects to a successful read, and by extension a successful trade. The neckline resistance breakout combined with an increase in volume indicates an increase in demand at higher prices. Buyers are exerting greater force, and the price is being affected.
Traders do not always have to chase a stock after the neckline breakout. Often, but certainly not always, the price will return to this new support level and offer a second chance to buy. Measuring the expected length of the advance after the breakout can be helpful, but don't count on it for your ultimate target. As the pattern unfolds over time, other aspects of the technical picture are likely to take precedent. Technical analysis is dynamic, and your analysis should incorporate aspects of the long-, medium- and short-term picture.
Breakout :)
DSTI...continues to be strong with good volume this morning. ;)
DayStar has been on the long road down,
Let's watch err now!
DSTI - Momentum
http://www.chartmoney.com/stockquotes.php?ticker=dsti
DayStar Technologies, Inc., a development stage company, engages in the development, manufacture, and marketing of solar photovoltaic products to the grid-tied and ground-based photovoltaic markets.
possible background ???