CBAI weeklyAttachment 259
i also see reisistance at this level here and laso at .015
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CBAI weeklyAttachment 259
i also see reisistance at this level here and laso at .015
As long as the candle holds about where it's at now 0.0118, I think its good. Just don't buy the farm.
Been scouting boards, a lot of guys are just now getting in, but there's a lot of folks who could pull out.
We close 0.0019 or above- that's much better.
But taking that all into consideration - if it breaks up really high tomorrow, then reverses, perhaps think about taking some profit off the table, in case it consolidates. I'm hoping for a run tomorrow if the candle closes well today.
5 days ago, NVLT had the same setup on the candles... ie. long white followed by a big hammer within the same trading range.
Just don't go in too big, and possibly look to yank some out tomorrow too. That's my 2 cents... it's not too late, but it's at a risky point.
Your good luck - we cleared yesterday's high..
also, my prev post was to you.
Overall though, this could also be a stock to drip into -
I figure any decent stem cell research PR for other companies, like STEM, ACTC and the like, or any type of legislation, will only help this company.
So little buys here and there, provided they don't do something dumb or release something dumb, could make a decent profit longer term. Just gotta keep your ears out for RS conspiracies and what not... but I google mapped their old building - so that passed my fundamental screen - they have a nice one opening up this month in las vegas... so all's good for them I figure. Sometimes a picture is worth a thousand words. The fact that their building opening is also open to the public makes me less worried about the scam aspect of being a lower priced stock.
CBAI cooking now.
In AAPL long again - new highs, and using a trend system that's pretty reliable
looks to be breaking intraday symmetrical triangle right now
IMAX broke intraday symm triangle - moving to new highs!
AAPL breaking out intraday now... maybe SIRI will follow...
My bathroom sink was clogged over xmas - landlord is over 90, and kind of slow about that stuff.
I made a soup with drano.
Then tried to snake it with a cheap snake.
Then went to harbor freight tools, got a better one... that place rules, the one I got cost $13, the one at home depot was $40.
Then called my old roommate the general contractor for some advice -
Man - the clog was in there deep, and I got the snake caught on something.
Finally fixed it, so fun!
I then thought, yes, building is cool, but plumbing is about discovery - you don't know what's lurking in the muddy waters. Kind of like how I dislike fishing for trout in clear streams where I can see them, I like bass fishing in unclear water... My old roommate calls the painters crazy - I then reflected, and figure painting is about covering up the past. Perhaps that's why some are crazy... well that and the fumes.
Plumbing is cool - but no offense to Bill - building is cool too.
I got a train set for xmas, so going to build that.
Well ... i'll be!
Finally got out of BEHL, at a loss and just as I was updating the sig here I got free from Miggle prison! Yipee! Cool, 2 down and one to go .... Funny, MGLG sat at 4 trades all day until just a few minutes ago, now there's 8 and I'm top dog! The whole $150's worth in exchange for a tax right off of ... Oh it's, what shall we call it? "Penny tuition?" ...
Dr. D - CBAI - Yeah, I am just trying to play it for a flip (0.013 coming up as I write ...) Huge volume today.
Now if I could just get rid of these SPNG shares ... Bizzare they way they trade on the gray's ... can't get rid of them at any price ...
watch that IMAX runnnnnnnnnnnnn:)
Apparently I got some bad advice ... I was under the impression that you couldn't do a market order for stocks on the gray's - Yes you can!
Just unloaded the sponges in attempt to test the hypothesis ... Hmmm, wish i had tried it at .05 but that's OK, just glad to have my tax write off's and to be out of most of these plays ... (Just a few bucks on the sponges.)
I did some digging around over Christmas on the shrub and got a bit of an education. Have something written up at home that I will post later - But it is very enlightening on a number of fronts. Did you know there is an ongoing SEC investigation with the founder of the site? He is suspected of being part and parcell in a ... believe it or not ... a "Pump and dump" ... But it goes much further into the ways and means of the boards, the mods a lot of the suspicions I had about some of these guys being in cahot's together - Having posts deleted for TOU violations when they were not "Off topic" whatsoever ... Some intruiging stuff.
i was this close >< to selling a $10K lot of siri this morning and dumping it all into the IMAX options. DOHHHHHHHHHHHH!!!!!! the only thing that stopped me was i didnt want to pay another 4K in short term taxes.
Bass -
Excellent call on IMAX - my IRA is going to thank you later, it closed HOD.
Got some other crazy pics that ended up near HOD too - SEED and VSYM. AAPL closed nice too!
I'm gonna quit updating my ticker list - I'm keeping stops tighter than ever, looking for volume breakouts - I think my trading will be on a faster pace, except with the more investment like trades - AAPL, CBAI, SIRI... though SIRI better get in gear, lol.
Seriously, for the hub - I do look over there, at times, but practically the only things I go there for are:
1) see if someone has a link to news - ie. when a stock has gotten some volatility - a dive or a breakout, or unusual volume. I do not take the posters interpretation to the news, just look at their link.
2) see if there is any increase in posting - example ZVTK when I bought had just a couple of posts - then it moved to the most active list 2 days later- my mistake was not checking that until after my sell - if I would have saw that, I would feel better about holding another day.
I learned my lesson the hard way not to take any of those guys serious about anything... you just want to see links to pr or pasted pr that you can google yourself, or just the level of chatter going on. It amazes me to this day that some of the guys that were posting on the board where I made my grandest trading mistake are still posting on a worthless stock - they have a good guy and a bad guy - posting day in and out keeping shares traded so mm's can get their spreads. Don't ever listen to opinions over there, unless you know the poster has a real decent record, and you can likely tell that by clicking on their name- previous posts, then match what they say to a chart.
What do you know - that stock is making all time all time all time lows... "won't go under $1" - it's trading at 0.013. How many on there are saying it won't go under a penny now...
Quote:
Originally Posted by Dr. Dave
glad i could help. im also gonna be very active trading in the new year. maybe we can petition charles or tyler to install a chat here.
dr dave, we spotted a play, it confirmed , we have a target. now to protect ourselves, how can we spot weakness in IMAX? what are the bearish signals you are looking for?
I have to run but check out how the 13 ema runs with the stock - or go over to the ablesys site and visually look at their examples at how their software rides stock moves... we can do that manually and wait for a close below a stop level - ie. just get out in the last 5 mins of trading if needed. I hate setting up real stops - intraday will hurt you.Quote:
Originally Posted by bassmaster
Other thing is some kind of candle - the harami I think - where we get a side by side candle of same length tomorrow, but red.
Then if we do get a run, can always stop out on the first hammer that is high in the sky for an up sell - especially if riding just out of some bollinger bands or something.
close below a 9 ema also looks good, if you're just looking to catch a move - that and just watch little consolidations, next time, just have to be up and ready at 6:30 am... lol, get the breakout a little closer.