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Started by eliteG, May 05, 2005, 01:00:10 PM

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eliteG

ABLE - nice move! I like the slow volume move up(i call it the drift) can lead to wild spike

OPMR - sorry this is posting so late(had trouble with the site crashing on me 3 times) it was great to cover on Friday after this move up here today, but now it is totally shortable and the greatest short area 18.50s in the middle of Thursdays candle is gone...but this def still shortable.  Find the right place

REVU - nice move after earnings

David Randolph

... advancing 7.5% today  :D

Saved your links on my favorites, good info, thanks.


eliteG

ABLE - I now found out that earnings happens Friday(spoke to controller at ABLE)  I believe this stock may still be a good pickup today.  I have it at a price of 8.61.  anywhere from there to low 9s may be a good buy.  I would wait for end of day or beginning of day tomorrow though if picking this up.

REVU - I like it under $6

eliteG

ABLEs about to be tested low.  Lets see if she can hold.

eliteG

well ABLE started to tumble...definately wrong in not taking at least half profits this morning but the truth is I like this stock till earnings Friday.  Still up but its not 9.45...mannnnn

eliteG

ABLE - interesting day, up 6%, looking for another gap up 2morrow


eliteG

ONXX - short @ 30.20, saw it just b4 close, weak candle, broke trendline...thinking of stop around 31.20ish

eliteG

ONXX - got butt kicked stopped out at 31.31
ABLE - allright

Ramsburg

Quote from: eliteG on May 10, 2005, 10:03:43 AM
ONXX - got butt kicked stopped out at 31.31
ABLE - allright

Hi EliteG !

ABLE is doing fine, but I think it misses the volume... It has a resistance level near $10, and it could start making a trading range 7.5/10, which is a bit dangerous at this level.

what do you think ?
Frederick Ramsburg
www.3stocksonfire.org

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eliteG

thx i was hopin for some suggestions ...i was thinkin about it and ABLE has become more of a news play than technical...and so instead of selling it here I am thinking of aggressively stopping it(around entry 8.50).  What do u think?  some of my thoughts:

1.  There is uncertainty with when the earings date is.
2.  When this is relieved stock price should jump:
                     a) relieving uncertainty makes people happy(buyers)
                     b) earnings announcement trend, on small speculative companies
3.  Indecision is showing with doji and low low volume.


Ramsburg

Quote from: eliteG on May 10, 2005, 02:09:47 PM
thx i was hopin for some suggestions ...i was thinkin about it and ABLE has become more of a news play than technical...and so instead of selling it here I am thinking of aggressively stopping it(around entry 8.50).  What do u think?  some of my thoughts:

1.  There is uncertainty with when the earings date is.
2.  When this is relieved stock price should jump:
                     a) relieving uncertainty makes people happy(buyers)
                     b) earnings announcement trend, on small speculative companies
3.  Indecision is showing with doji and low low volume.



I agree... ABLE is on an indecision zone... the last fridays breakout gave a buy signal... but it looks like it's wainting on something...
Frederick Ramsburg
www.3stocksonfire.org

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eliteG

out of ABLE, 8.90...i'm a technical trader 8)

Ramsburg

Quote from: eliteG on May 10, 2005, 02:51:18 PM
out of ABLE, 8.90...i'm a technical trader 8)

Yeah.... that's what I say, everytime I'm not focused on the charts ;-)

You have been doing a great job here at 3stocksonfire.org, congrats for all your nice posts here !

thanks,
Frederick Ramsburg
www.3stocksonfire.org

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eliteG

Yep I wasnt focused on the charts and that...that can be real bad. 

Thank you very much, I really think this site is great.   

eliteG

shorting XMSR b4 close, chart up after close probably