I don't know - but I hope you get it to work... I draw everything directly onto my TDA charts with the trend line tool. I am interested in seeing what you draw up - I'm still not sure I followed what you were saying earlier....
Printable View
best thing to do is take a whole screen screenshot or window screenshot and cut it down manually.
I dont use windows but I think it is (Alt - Print Screen). not sure if this just saves the screenshot at a file. But if not open paint and use paste. The image will be in your copy buffer.
Ok, I think I got it.
Notice the trendlines converging on this area. This is why the price is narrowing and consolidating here. Notice the volume patterns. I have mentioned these before. We are in an upchannel. Resistance lines are(within 2 cents) .40, .60 and .80 cents. These are the areas on the way down shares consolidated at the most.
Notice why .40 cents was so hard to clear now. (Multiple trend lines converging)
Break below .22 would be bad.
Break below .30 opens up to .23-24 ish.
Break below .35 opens up .30.
Close above 35 is neutral.
Close above .39 is bullish.
A break up or down significantly is coming sooner than I thought. Within 3 days. Need a few more low volume days to convince them its time.:D
This stock might now be chartable. Its obeying certain rules if you will.:D
Brandon: ditto ...that's a good article ...thanks!
ditto... boy, am I dating myself...:)
Thought maybe some would like to see this. It's Reuter's SIRI analysis dated March 24. I uploaded it to our website so it could be accessed.
http://www.frontierstockyards.com/Reuters_Siri.pdf
I was wanting to add a few shares tomorrow if the opportunity arises....
I was thinking about 1 order of 10,000 @ .321 limit for sure and another order of 10,000 back up @ .251 if they try that drop & scoop again..... What do you think the possiblilites are of obtaining these goals...I have a core of
50K shares at .315 so its not to adv. down its for pull backs to buy and sell as we climb....to try to add to my position with out adding anymore money out of pocket after these purchases...I have been adv. down from 2.37 so I dont want to hear about selling out... I would like some compensation for all the pain and suffering and more important to add more shares to my positions... but most of all to have a little to play with and not risk or touch any of my core for long term..... Im not in a hurry so i can wait a bit....but I think too this could be our last chance with in these perimiters...
Thanks Tony:cool:
Ok... now this is what I was trying to get on my own.... and I see what you were looking at. Basically I wasn't looking back far enough overall to see it. Thanks for posting this. Between you and Brandon - I may actually learn something.....
The real trick is figuring out the overall patterns like you are showing and seeing the signals Brandon hints at.... if I can get to where I can put it all together I may have a shot at playing with my "play" block outside of my core... that's what I'm set up to do now. I have my entire core still at .13... and won't touch it. I have 15% over my core holding to trade if I can time things correctly - but I am going to take it carefully til I get the hang of it.
Either way - I'm already more than double my initial investment in SIRI .....
Long time listener first time caller. Relmor, incredible chart, thanks for sharing. I'm another green investor and just wanted to thank everyone for their willingness to lend an opinion to those less experienced among us. I know you all hear it all the time, people coming out of the woodwork here, but great stuff, really thank you.
Is it just me or am I seeing almost the exact opposite of the wave we just saw last week on the late November downturn? Is this when the light bulb should be lighting... because it seems like it can't be a coincidence......
If it continues to mirror the november chart - we shouldn't be more than a few days from a blow past .40....
reuters report looks like what we all know. Upgraded on technicals.
Welcome bear. As for new people coming out of the woodwork. We are a community. Everyone brings something to the table. Even total newb's asking questions forces the experts to re-educate themselves. Everyone has value here.
bear - welcome to the post... just be careful as always and be careful to temper what you learn in here with common sense... occasionally we get kooks and crackpots that like to just bash anything SIRI and they are pretty determined to do nothing but discourage people....
Aside from my welcoming disclaimer - glad to have you participate... more opinions make for more entertainment.....
http://www.foxbusiness.com/story/mar...-penny-stocks/
Did you see this...may have been posted yesterday.
I use http://www.stockcharts.com You can do just about everything there free and make really nice charts and make them linkable.
You can also save them and work on them with windows paint.
You can also change all of the indicators that you really need.
That is where I do all of my charting.
Bill