3SOF

break through .05 took about 4 seconds. a lot of bullish power left in this beast.
Usually 999 ARCA scares me, but its at the bid at .50 so I actually like the MM today

updated chart, ema 50 as support?

http://www.thisdayonline.com/nview.php?id=53313

According to Dr. Ramish Paney, the Chairman of XECHEM, it is expected to earn the country about $150 million per annum. 
Government in partnering with XECHEM, a private sector pharmaceutical company, will ensure that the NICOSAN drug is made available to all pharmaceutical stores in the next nine months 

News is out: http://biz.yahoo.com/bw/060726/20060726005261.html?.v=1

Maybe it will help 

it helps

Looks like XKEM is setting up for another bounce - any one wacthing?

We just need a little news.

Lalitha

Hi Lalitha,

We had "a little news" on Wed, Jul 26: "Demand for New Sickle Cell Drug NICOSAN(TM) Far Exceeds Supply".
And we got a a nice spike, but only for 1 day. 
So, IMHO, we need a BIG news with a good numbers 
In any case, I hope, the current support 0.024-0.026 will hold.

Good luck.

I am still holding a small position that is small enough for me not to care too much what happens short term, but be happy if all the hype about the potential for this stock ever turns out to be true.  I also dont really see a big short term rebound coming without some good news.

NEWS:

http://biz.yahoo.com/bw/060816/20060816005208.html?.v=1

Lalitha

Hi,

XKEM -> a good swing trading opportunity

A classic swing trading strategy is to buy near support and sell near resistance...Candelstick pattern add new facilities to determinate good entry point...Here is an example : XKEM :

1. Good support at 0.026

2. Harami is formed...

Few risk for good potential..

Good trades

I'm stuffed with XKEM on my portfolio and hope you are right, but still....I don't think you are, IMHO, this one is "dead" until some fresh news are presented.

So, my wallet hopes you're right, but my guts say you aren't....hope I'm wrong. 

Hi,

You known i am not an astologer  There are a lot of swing trading strategy. When i post XKEM i said "Possible swing trading opportunity" to benefit of a correction...

Swiong trading is  the art to find low-risk opportunities...If we are wrong (sometimes... ), our stop protect our capital.

Personnally, i don't play this stock :

1. MARKET IS BEARISH...I prefer to sell stocks in this situation.

2. XKEM has broken is support at 0.030 -> bad sign..

But...XKEM i an uptrend since febrary...In elliott wave theory, we are in the correction of the second wave...And MA200 could be a good support...

So my recommendation :
If price close above MA(200), keep this stock on your portofolio...But it could tested resistance at 0.030...

Very hard to say...Good luck

We have a nice spike 40%, volume - OK
I didn't find ANY news 

Any comments, please.

Quote from: waxweazle on July 05, 2006, 05:13:20 PM

Quote from: sir_joke on July 05, 2006, 04:12:27 PM
Hey Dan,  yep that sucked the wind out of a few sails....

I've been following XKEM for awhile now.... that last drop had to hurt.


Entry point for the real ride   $.023.

cheers,
SJ

might I remind all of you who prognosticates best....

Building again at $.022

HArd downmove but 0.023 $ i don´t think so!

How dare you doubt me???

cheers,
SJ