3SOF

I own a position in this stock too -- if/when the company gets financing for their new Lupus drug, this one will fly.

When they announce it, this should pop 100% very fast.

I had a post on this stock, but I can't seem to find it.
Anyways looks good today. A falling wedge ,possible breakout.
Are you Ready to Rumble?

$1.00 is the resistance for this share, which is getting tougher and tougher to cross.....
It is always difficult to go from 2 figures to 3 figures... 

If it breaks then  I think the chart should have line which goes from below to  above showing how much it can rise... rather than blue line showing $1.00 to $.75.

Dhiraj

setravis..you may have nailed the timing on this sucker..    jolly good show, lol(applaud)

There are rumors of a financing partner to be announced soon, if that happens this stock will FLY.

Nice work. I am new to this and I have put together my own method in picking stocks by reading the intelligence of some members. I was about to post this chart but found this thread so I will post anyways. Just for practice. From my own observation and correct me if I am wrong but I beleive the resistance is 1.00 ? If so is everyone going to wait for this stock to pass this resistance and develop a new support?

Any other feedback on why this is a good pick or not?

Have a look at the LJPC charts.
Could be a nice ride for the coming days.

Can someone post that chart? I use one but it is not very good. Thank you

I can see the chart now. It looks great. However, there is always a lot of manipulation with this stock.

The trend sure looks like it.....

http://stockcharts.com/def/servlet/SC.web?c=LJPC,uu[m,a]daclyyay[da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

Sellling pressure resumed today and made the stock price go down. It has tried its best to break $1.00 but hasnt been able to do that...

I think if it goes below 0.85, its a sell to limit the losses on buy above 0.85

Any thoughts or comments appreciated.
Dhiraj

the charts are on this thread - use the search above when looking for a stock

http://www.3stocksonfire.org/trading/index.php?topic=2185.0

yes dhiraj19 - 0.75 been support for 2 months. 50-day EMA moving up and now at 0.80 so stock could be bought in this range with stop below support or wait for a high volume break out at $1.

One way is to use partial buys - partial sells so could buy a little here and add if trade goes in your direction and on a break out sell some. Note the 200-day EMA at 1.16 - this is also the point the gap gets filled so may be resistance.

So, let's make another run at the $1.00
Support levels @ 0.81....0.71...0.60
Resistance levels @ 0.96.....1.00...1.26

Technicals
Close Above the 13-day EMA
MACD - Bullish
Percentage Gainer

Last Price Quote is:
7.22%above 13-day EMA
10.86%above 50-day EMA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $66.64 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 11/10/2005
Last Analyst Rating: Under Weight