EWZuber
1,373 posts
msg #29969
- Ignore EWZuber |
11/20/2003 2:17:29 PM
DGIT...Looks like a long term winner. I suspect several months anyhow.
Earnings keep improving and the stochastic cycles have aligned up well. Monthly, Weekly and Daily.
Right now I suspect the 25 & 50 DMAs are in too steep of a downtrend for sustained gains but in the interim this stock could produce a good short term move higher.
Watching for a break of trendline resistance on the 5 min. chart that began at $1.97 @ 10:10 this morning.
JMHO
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EWZuber
1,373 posts
msg #29975
- Ignore EWZuber |
11/20/2003 6:03:05 PM
Looked into the 10Q and it seems that the company has reduced growth estimates. They did this on 10/17 and the stock dropped dramatically that day on fairly heavy volume.
That is why the huge selling volume today with the earnings announcement and a complete retracement of all gains on an intraday basis.
Still watching this one to see what happens.
A good move higher would still be supported by technicals but more stock may have to change hands first and the moving averages need to flatten out.
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EWZuber
1,373 posts
msg #29988
- Ignore EWZuber |
11/21/2003 12:00:02 PM
AAC doing very well on a break of trendline resistance. Still holding on watching for a break of short term trendline support. Up about 20% @ $0.64 at this point.
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EWZuber
1,373 posts
msg #29990
- Ignore EWZuber |
11/21/2003 2:38:12 PM
AAC broke trendline support @ $0.63 tied to sell there but had trouble getting rid of it. Finally sold it at $0.61.
I usually use a market sell to get rid of them ASAP before the price has a chance to drop. Today I tried to get a bit more and should have stock to the market order.
At any rate it was a good trade.
Still holding DGIT from $1.75 yesterday. Bought it on a break of short term trendline resistance and a stochastic +xover.
Looking at BDE now. It is oversold and looks like it is ready to break trendline resistance at around $0.46.
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TheRumpledOne
6,529 posts
msg #29991
- Ignore TheRumpledOne |
11/21/2003 3:20:43 PM
EWZuber:
Looks like you are on a roll....
TAKE ALL YOU CAN, GIVE NONE BACK!
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EWZuber
1,373 posts
msg #29994
- Ignore EWZuber |
11/21/2003 7:26:34 PM
Yea, things been going well lately. Trying to regain all I lost in LOOK.
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EWZuber
1,373 posts
msg #30029
- Ignore EWZuber |
11/25/2003 2:26:42 PM
Looks like DGIT may be showing signs of moving out of a short term base. Picked up a few at $1.88 after short term trendline resistance was broken. Stochastics on hourly chart confirm the break.
BDE never got off the ground. Earnings were announced and the stock cratered. The stock temporarily broke resistance trendline at $0.46 on 11/21 but the ask sizes were huge and soon the new supporting trendline was broken AT $0.48 which would have been a sell signal if one did enter at the break or resistance. This also offered an exit in the money.
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EWZuber
1,373 posts
msg #30041
- Ignore EWZuber |
11/26/2003 1:19:47 PM
Closed DGIT @ $1.87. The stock has hit up against trendline resistance on daily charts and bounced down. Suspect there may be considerable more upside potential so keeping an eye on it.
Been watching the wedge pattern on GOAM very closely for several days. Got called away from the computer for a couple hours and of course the stock broke trendline resistance this morning and shot up +18%.
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EWZuber
1,373 posts
msg #30042
- Ignore EWZuber |
11/26/2003 3:46:17 PM
WSTL looks like it may be getting close to a bottom.
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EWZuber
1,373 posts
msg #30043
- Ignore EWZuber |
11/26/2003 4:23:29 PM
Looks like a bounce up off the 200 DMA. Picked up some @ $7.15. Not the best price. Missed the intraday low by 8C but that will do.
The stock broke a short term resistance trendline at about 3:34 @ $7.11. Then went on to retest the 200 DMA @ about $7.07.
Volume came into the stock minutes later. So far looks ok. JMHO
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