3SOF

Several indicators are looking good for a buy.Im taking a position tommorow

To me it looks that the volume is hardly supporting price action. So watchout for volume.

I believe they said in their conference that they expect a product in 2 years which is a short-time for this field.  Hopefully, it will pan out.

I bought it at$6.02..sitting right now at$6.91.My target is $7.14 and if it continues $7.40..My stop is $6.74...might take profit before the holiday

Quote from: Weightlifter on June 29, 2005, 11:30:11 PM
I bought it at$6.02..sitting right now at$6.91.My target is $7.14 and if it continues $7.40..My stop is $6.74...might take profit before the holiday

ARIA has been acting real well since your post.  It formed a bull flag, then broke out of that AND  the five-month symmetrical triangle on July 8.  It re-tested the breakout Tuesday and yesterday, then printed $7.39, within a penny of your target.  Applause.  Looks like it's going higher.

Thanks Melf Elf,,I took some profit already but still have a position in it.Its sitting right now at $7.41.The next Harmonic points are $7.61 and if it clears that $7.87.

Just hit $7.87 for the first time today lets see how it does now..cleared 7.61 without a  problem..

The stock failed to reach its Feb high of $8.05 ,,it closed below the 1.118 harmonic,,$7.61,,several other indicators are also becoming negative,,so if it drops back down to $7.40..will close out,and take profit.

Quote from: Weightlifter on July 18, 2005, 05:36:27 PM
The stock failed to reach its Feb high of $8.05 ,,it closed below the 1.118 harmonic,,$7.61,,several other indicators are also becoming negative,,so if it drops back down to $7.40..will close out,and take profit.

You've done a great job with this one!  Applause.

Thanks Melf,,sincerely

ARIA>>>>Since Aug 04' (its previous low) of appox $3 area....this stock has sucessfully tested a 50% retracement twice at the $6 area...It has bounced off the $7.50 Overhead resistance three times now and after this last exhaustive push, it has sucessfully broken through and now finds support at the $7.50 area.  Excellent volume is entering the stock in excess of 2 million daily shares and I can see this stock moving to the $10-12 area without too much effort. As long as daily volume continues at these level I would be a rider of this stock....May be wrong.......so do your own DD...in the mean time keep this in mind...happy trading
bill the bull

Elite G,  I admire your input to this board and I want to learn more about TA. Specifically, I'm trying to learn how to determine which points do you use to draw the lines that indicate the breakout and support levels.

On the ARIA 2 year chart I have the breakout point of $8.09 and the support level at $6.09.  Am I in the ballpark?  Also, do you have any opinion of  ARIA?

              Thanks a lot,

                                             John

thanks balto..I draw my lines kinda loosely because I believe its the idea behind the lines thats important..not the exact value.  Your breakout and support levels look valid, I wrote up a chart with some TA for ARIA.  I believe they have earnings Monday so they may move big pre-market.  I almost picked it as my earnings play.  It looks solid as long as you use nice stops    lets see what Monday has in store.

Elite,

Many thanks for your analysis.

                    John

Huge news
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Stock has been halted so when it opens back up we should see huge volitility.