ANX

[Ramsburg]

This stock is breaking out today! Big jump!

Ready to buy now???

http://stockcharts.com/def/servlet/SC.web?c=anx,uu[h,a]daclyyay[da][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

Hi Snowcat,

ANX was bought for the 3SOF Portfolio on August the 11th @ $3.47
http://www.3stocksonfire.org/trading/index.php?topic=2192.msg15470#msg15470

[basanlas]

Trading Setup:
I'm buying ANX today near the open.
The Target for this trade is the price zone near $4.39.
The stop will be $3.19 (then, if the trade goes the right way, I'll move the stop to trailing stop along the base of the channel)

Frederick,

Do you still plan on using a trailing stop on this one? And if so, where will you place it?

Thanks, basanlas

[Ramsburg]

Hi !

Finally, ANX gave us the required technical breakout.
Big volume today and a nice 8.22% price advance to new relative highs make me believe that we can watch the $4.39 target soon...

I've made some changes on the technical chart, I've just deleted the short term ascending channel, and I'm using the new adjusted ascending support ($3.54 right now), which will be my trailing stop level from now on (closing values).

The plan is to sell ANX @ $4.39, although, momentum may increase if volume stays high as today, so I'm not placing a sell order yet...

Best regards,

[KCScott]

Booyah Fred! (I believe that's how a certain crazed TV analyst would congratulate you )

I'm vactioning this week, but caught the spike on ANX this afternoon on my Mobile.

Just wanted to say "Well Done" on sticking with this.

Let's all hope for an extended ride.

Best Regards,

KCS

[REALDEALS21]

Strong finish will happen, at or near the 52 week hi !!!!!

STRONG UPTREND approaching the target !! 

[Ramsburg]

Booyah Fred! (I believe that's how a certain crazed TV analyst would congratulate you )

I'm vactioning this week, but caught the spike on ANX this afternoon on my Mobile.

Just wanted to say "Well Done" on sticking with this.

Let's all hope for an extended ride.

Best Regards,

KCS

Thanks KCS

Have a nice time on the beach
And remember that you can also access 3SOF website on your mobile @
http://wap2.3stocksonfire.org

ANX is going the right way

[Ramsburg]

Just a little update on this trade:

ANX had a very volatile session on Friday, with a big morning deep, but with a nice recovery on the rest of the session.
ANX is working on the right way, and I believe this week we'll meet our target @ $4.39. Volume has rise again on this recent breakout and follow up sessions, taking on consideration the rest of the market have generally dropped a lot, this is a signal of relative strength, which is bullish on this particular stock.

Best regards,

[Ramsburg]

We've observed another down session on ANX yesterday, but not compromising our plan neither the general up pattern on the chart.

The ascending support line is now spotted over the $3.73, so this will be our reference price for today.

Best regards,

[Ramsburg]

Yesterday ANX reacted on the ascending support, which is bullish...

regards,

[Ramsburg]

ANX is obeying to its ascending support line, so we have no reasons to change the trading plan.
My short term target is $4.39, my trailing stop is around $3.80, lets wait... A breakout of the $4.20 price level will probably shot ANX to my target in a lapse of time

Best regards,

[Ramsburg]

Hi !

Yesterday, ANX closed a bit bellow its ascending support, decreasing the momentum of this move, and putting at risk the short term pattern that I'm trading right now.

The general mid-term pattern of ANX is still very bullish, but taking in consideration this is a short term play, I may have to sell ANX today if is crosses $3.80 (automatic stop) or if it doesn't close higher than $3.97.

Stay alert !

[Ramsburg]

I've sold ANX @ $3.80 following my trading plan.

best regards,

[nextmove]

ANX painted a doji star (reversal) after a strong finish today. Holding ...

[phabrux]

The rebound of ANX looks very boolish to me.
The 13ema, 20ema, and the last month support ascending line are all actiing again as supports levels.!
I see  5.20$ as my first target and my second target would be 5.45$ with is the top of the ascending channel.

[phabrux]

Here is an update chart from ANX after the 3 days sellof of the market.
Today shows how strong is the support ascending line, the stock test it and rebound, this is the 5th times ANX test the line!