3SOF

Quote from: vic666 on March 31, 2006, 04:23:40 PM
wow...what a day for this one...close at $1.025 with high of day being $1.03 (the $1.10 you see was a fake high by MM's...)

i'll post the chart later today. i'm all smiles this weekend. 

Here are the charts I promised...albiet a bit late.

Weekly chart:

The 1 yr. weeky chart shows a solid breakout from previous high of $0.87 albeith on lower volume than previous week. The weeky chart shows RSI just entering the 70 + levels...like many high flying stocks that have shown us in the past, a stocks RSI could be in the 70 + levels but pps could continue to rise...we'll just have to look at other indicators in conjunction with the RSI.

The stochastics on weeky chart continue to shown bullish signs...I would best call this "HOLD" stage....if you are already in.

Daily chart:

Looking at the daily chart...first up, the high recorded on Friday at $1.10 was a fake one...the actual high being $1.03, I saw the MM's on level 2 processed on head-fake trade at $1.10 (and another one at $1.05), not sure why, but it happens often on penny stocks. There is a possibility that this head-fake false high has meesed up a few indicators on the chart.

The RSI shows excellent signs of continued bullishness...looking at the previous run from $0.25 to $0.75, the RSI stayed in the 70+ range for a quite a while until it peaked at 90, and fell back one day, and RSI regained strenght tht we still see today....IMO, there is some more room for the RSI to run from current levels of 84 to around 90 or so...may be a trifle higher....what does that mean for the prices....may be a couple more days of running before another pullback. I wouldnt be surprised to see a quick run up on morning of monday before cosolidating and pulling back for a breather before the next leg up resumes.

The stochastics also shows possibilties of turning down and the price consolidating before resuming uptrend.

The ultimate oscillators also shows a negative divergence, meaning, it's trending down while the pps is going up....good indication that price might take a breather in the next few days...

Conclusion:

But one thing is certain...I think we are in the middle of a longer bull run for this stock..kinda like the XSNX and the PTSC's....fundamentally speaking, bird flu negativity will not affect this stock much even if the rest of the sector takes a hit, because, from this week's news, the continuous stream of revenue for this company is from it's surveilance/security divisions.

Simply put, this stock will not be affected much by a downturn in the bird flu sector, but will stand to benefit nicely in case of buzz in the bird flu sector...WHY?  because the actual money as of today is being made in it's security/surveillance division...and it's bird flu containment system is just taking off with interest from several S.E Asian countries...   

Here is a million dollar question... I bailed at 1.01 from .795 because I got nervous with so many positive days, and good gains/positive days.  Should I try to get back in quickly Monday or do you anticipate a slight dip?  Of course, no once can be for sure.  Just want some opinions.

it's my opinion that we will see a jump in the early morning hours of trading on monday...may be to $1.10 or a little higher (no one knows)....but don't jump in then.

wait and watch how the intraday action is....see if support level hold...(for example, on the intraday chart of Friday, I was closely watching the chart and saw how every time it dipped, it always found support at the uptredn line drawn by joining prior lows in the day)...the more that happens, the stronger you can feel about holding the stock, which is what I did.

So wait and watch intraday action on the chart...and one other thing I happened to notice was there was a PR everyday before 10.35 am (either at 9.35, 10.25, 10.10, etc.)...and everytime that happened, the stock took for atleast a 5 - 7% gain...

not saying monday there will be news, but it;s qite likely...and also the bird flu containment system has generated quite a buzz from the likes of the PR's released last week...I'm sure there's gonna be news of outher SE Asian countries expressing interest and the like...China may be?

Conclusion: Wait for a pullback after the first 1 hr of trading monday....stay on the intraday chart and watch to see if support levels are holding...and keep an eye out for news and read the nature of the news before deciding to jump in or wait.

I'll be working but will try and update intraday on Monday, along with my own position on this stock. good luck. hope this helps for now. 

oh by the way, looking at the volume action from my earlier chart...it looks to me like there is atleast one more blockbuster day with trading volume in the 20 - 30 million range, before time for consolidation...

just a gut feeling. it may run pretty high on such a day, but not necessarily close high, rather close on the lower end of the trading range...which would kinda be like a black maribozu (long black candlestick), which would signal start of a cnsolidation period....for starters, the $0.85 - 0.87 range would act as first level of support...I'd have to see how the 20 MA progresses the next few days but I bet it's gonna go up fairly rapidly this next week possibly closer to the $0.75 levels, which would be next level of support.

let's wait and see what the street tells us! 

Good advice.  If i see a stock starting to move early, I tend to jump in...hopefully, I can control myself!   

hi,
here is a five minute chart . it looks like it may have another strong day of high volume . maybe one of those exaustion days that elite g talks about . of course ptsc had a few of those to take it to 220. so i am looking at this doing the same on monday . alot of buying on the ask price on  and not much profit taking for a friday.
i got in at .87 waiting to see if it would break the previous 52week high. i was in earlier at the .60s and flipped for a small profit....hhhmmm...let's see if it can start moving by pennies rather than smaller increments. it started to move in half pennies late afternoon friday.
goodluck to all,
maxi

Agreed, i think with no resistance left, we will see bigger moves.
many people sold allready so no selling pressure left.


I bet the shorts are sweating folks, expect a wild crazy week in the green this week
goodluck all

STTK RELEASED A VIDEO OF THE DEMO IN CHINA.

http://www.smart-teksolutions.com/rfid.html

Just out of curiosity...I looked at what some recent blockbuster stocks did when they hit the $1.00 threshold price...I am referring to XSNX and PTSC...stocks that broke out the $0.25 - $0.40 range and started a monster bull run in the last 3 months or so.

I'm trying to compare that to what STTK is doing right now.

Here are the charts for all three stocks...Interestingly, when both PTSC and XSNX broke the $1.00 barrier, their MACD's and RSI indicators were at pretty similar levels...

PTSC:

a.) RSI was at 84.07 and rising
b.) MACD bar was at 0.068
c.) stochastics were at 83/75

XSNX:

a.) RSI was at 79 and rising
b.) MACD bar was at 0.031 and rising...in fact the day after it broke $1.00, MACD bar shooted to 0.061
c.) stochastics were at 88/82

and what about STTKwhen it broke $1.00 on Friday ??

a.) RSI was at 84 and rising
b.) MACD bar was at 0.055 and rising
c.) stochastics were at 93/88

Notice what happened to both XSNX and PTSC right after they broke $1.00...

- XSNX made one huge run and pulled back only to run much higher afterwards to $3.00,
- PTSC on the other hand ran strong right after it broke $1.00, to hit around $2.30, and is now pullling back.

Whats the purpose of the above analysis....well, it's fun to see what stocks that were at similar levels in the past did after running to $1.00. that's pretty much it! it's also fn to see how STTK will turn out...either it should do a PTSC like run early, and run to $2.00 and then pull back, or do a la XSNX, run high on Monday, and pullback for a week or so and make newer highs after that.

let's wait and see...it's definitely gonna be exciting!!  

kool video, really makes it easy to understand

yeah.!! This one is hot hot hot! It have been climbing up like crazy. It might get higher when the west coast expects the bird flu in the summer.


Win win win!!

as promised here's my update...

i took profits at $1.069...it may g higher of course, but i've been greedy in the past and lost out...

anyways, this stock is still bullish...i just hope to wait for a pullbakc bcoz i've noticed this stock always fills up the intraday gaps.

good luck...i'm watching as always. 

I'm Holding with this volume and bullish-ness we will continue to see higher highs this week! especially with any news!

i'm glad for those ppl who held...you guys r making some cool Benjamins! good luck.

i will not jump in now...will wait till end of day to see what the close is like...happy trading! 

CORTE MADERA, Calif., April 3, 2006 (PRIMEZONE) -- Smart-tek Solutions, Inc. (OTCBB:STTK) and its subsidiary, Smart-tek Communications, Inc. announced today it is in advanced stages to introduce its RTAC-PM poultry monitoring and containment system to officials from Hong Kong.

"The RFID poultry monitoring and containment system that we have designed to help in the fight against the spread of the avian flu has generated a significant level of interest from many countries in South-East Asia," said Perry Law, President of Smart-tek Communications, Inc. "We are currently in active discussions with a potential licensee in Hong Kong to help market our product in the region. Concurrently with these efforts, we are in the advanced planning stages of preparing a demonstration of our RT

http://tinyurl.com/frxhh