3SOF

I just did a day trade. I don't know if I should stay in it overnight...so I sold.

In at 3.77$, tomorrow should be good as Bush will officially announce on tv more money for stam cell research or something like that?!

STEM CHART ANALYSIS

It's been awhile since the last post in this thread so it's time to refresh it. 
STEM hit it's high back in August 2005 (6.58) and since then it's been sliding down all the way to 3.4 in December where it found the bottom (RSI shows oversold territory).

Looking at the chart I see a triangle formed with higher lows and lower highs with narrowing range. MACD is turning positive and RSI has plenty of room for a nice breakout.
The main ingredient we need here is volume. When volume comes in I expect a natural upside break out of the current range with 200 day MA resistance and after that the old high.
I also expect ASTM news will help STEM like it did in the past.

This is all my humble opinion and everybody is invited to give different opinions.

STEM either broke or is breaking out of a symetrical triangle....

STEM definetly broke out....high volume backing it up.  Anyone else in on this one?

Watching all the Stem cell stocks moving up.  ASTM...STEM...GERN.

May be driven by speculation of Democrats winning control of the House and/or Sentate??

Quote from: kslifka on October 16, 2006, 12:59:13 PM
Watching all the Stem cell stocks moving up. ASTM...STEM...GERN.

May be driven by speculation of Democrats winning control of the House and/or Sentate??

In that case then, we should see them run at least until elections day next month.....

I agree...technically they all look good.

Quote from: bocasva on October 16, 2006, 01:03:15 PM

Quote from: kslifka on October 16, 2006, 12:59:13 PM
Watching all the Stem cell stocks moving up. ASTM...STEM...GERN.

May be driven by speculation of Democrats winning control of the House and/or Sentate??

In that case then, we should see them run at least until elections day next month.....

Looking good, 3.50 doesn't seem far from here anymore.

STEM is a wild stock.
kslifka/bocasva applaud both!!

Both STEM and VIAC are showing bullish trends. Comments?

Quote from: njshiva on October 17, 2006, 09:53:19 PM
STEM is a wild stock.
kslifka/bocasva applaud both!!

Wild it is. 2.70 resistance broken, and now acting as support....