3SOF

G, do we have a target for this winner? running for 6 straight days on thin volume.
Thanks ! 

Quote from: eagerlearner on March 15, 2006, 10:30:41 AM
G, do we have a target for this winner? running for 6 straight days on thin volume.
Thanks ! 

I would point $7.00 as a target (mid term), from a technical point of view, if you look to my second chart on the last update, $7.00 is the upside of the ascending long term channel.

But off course, I dont expect that to be achieved with out some correction in the middle.

regards,

Another big white candle confirming this stock is willing to go further...

The only issue is the volume, which is low... But volume is always a relative factor, ANGN is a low volume stock, and today's volume was 3 times its average, so we can say that volume is supporting this move, even being just 140k, volume is increasing.

This stock needs some publicity... or maybe not... price is developing on the right direction, technicals are great, and I see no upside for now (except $7.00, on the long term chart provided).
In case of price correction, the $4.63/$5.00 level should provide some support, and we are not seting any stop for now.

We are Holding ANGN.

Best regards,

ANGN volume was really low today   Well this is a undiscovered micro cap...

The only reason for this update is that we'll be setting a stop @ $4.50 for profit protection. This stop is a little below the short term support ($4.63), giving plenty of room to this trading plan.

Best regards,

elite G,
Is ANGN forming the G pattern 

Thanks
B

Quote from: beroznikmal on March 17, 2006, 02:54:16 PM
elite G,
Is ANGN forming the G pattern 

Thanks
B

Nope B sorry    The g-pattern requires violent volume!  ANGN still looks good though. 

ANGN has been trading very low volume for the last few days; today's session was not very interesting, and maybe ANGN needs to consolidate its recent breakout before further moves.

We are keeping our stop level @ $4.50, and Holding ANGN.

Some good news for ANGN today:
- Angeion Reports Sales Success in the Clinical Research Market

The stock reacted well, but volume was low again (the average).

We are keeping our stop level @ $4.50, and Holding ANGN.

Not a particular good session for ANGN today, with some selling pressure motivated my the general market behaviour on FED's rates.
Although ANGN did not broke its technical pattern yet, and we'll stay with our previous plan:

Hold ANGN with a stop @ $4.50

Please pick stocks with good liquidity.

The average volume for this stock is only 56K and only few thousand shares traded last few days.

If we sell it, this stock may get crashed.

Feeling good about keeping this one at the moment.  Anybody else still holding other than me?

hey Oicpinoc - I'm still holding too. Been long since 4.04. Triangle breakout today, though it was only on average volume so can't be sure it's the real deal. 

You can thank me guys - I held until Thursday!!!     Lol.

better than the general market 

Implied target for the ascending triangle breakout is approx $7.25. Still holding my position bought in January. May add to it tomorrow.