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TASR
Spike, what do you think about tasr right now? Thanks.
Spike, what do you think about tasr right now? Thanks.
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Re: TASR
I think it will fill the gap under 10 in the next 4 months or so. The previous chart in this thread http://img.photobucket.com/albums/v1...g/TASR_SHS.jpg shows the perfect channel short day was late in June at that high of 48.49, and now with a break of the neckline of SHS, target is below 10, which would match with a gap fill. Short is the right side to be on, but you've missed the best short. I would recommend waiting for another channel short day.Originally posted by yaoyaoComment
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TASR
Actually, I shorted it at 32.00 and am wondering if I should cover. It has good run today. Thanks.Comment
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Exellent call on SCHNComment
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ESMC
IAMORION and Spike
Could you give me your opinion of ESMC? The thing has absolutely been hammered to death. Do you now think that the Wall Street Mafia has beat it enough to leave it alone for awhile?
And Orion, please tell us about entry/targets for LCAV. In other words, can you please tell me how you've made a killing daytrading this stock. I'd like to know your method if you'd care to share it.
Thank you.Comment
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Re: ESMC
ESMC...euphoria followed by fear. See what can happen! Last chart I posted was looking for a channel long....then came the SHS, then neckline break, then 5 waves down and looking for long-term channel support now...Originally posted by New-born baby
Too late to take a short, too early to take a long. Might even see a gap fill before too long. I'd wait with this one. Maybe a long off the channel, or at gap support.
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ESMC and LCAV
New Born,
I do think that ESMC has been beaten to death, but I think it is a great company, and at this price I just had to buy some. I made money long and short, so I bought a couple K today, I will hold it for awhile and see what she does. As far as LCAV goes, like spike has said, it has been very choppy lately, so I have been using my realtime charts to trade it. Both long and short. I use the 60 min, 30min charts to get overall trends and I use the 1 min chart for my entries and exits. With my charts I use bollinger bands, stochastics and MACD. Some gut feelings also go into the exits and entries. Sometimes you leave some on the table, but I was using some nice leverage, so all I needed was .50-.75 to make some nice money. I got 5 real nice daytrades out of it. I have been watching LCAV very closely for the past week or so, sometimes I just get into a jedi mind type thing every other month or so. Hope I answered all your questions. I have not been into the market alot lately, I have been training and racing my road and mountain bikes pretty intensely lately.Comment
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great news from Biogen today concerning Antegren & ELN.. buy and set a stop if your stomach cant take it.. but this stock moves north again.. everything is on schedule for ELN.Comment
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utsi
spike please give me your take on UTSI
short term its getting killed
8$ in cash earnings of 1.70 how can it go down further than 15???
how many other telecoms make money???
ughhh
tjk
thanksComment
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Re: utsi
Ouch. Well, here are my previous posts for UTSI:Originally posted by tokyojoeskid
and http://img.photobucket.com/albums/v1...TSI_update.jpg
Today - it's not looking good. Short is the side to be on, although there may well be a bounce back to gap resistence around 25.00 or an upper channel, but those levels should be met by heavy selling.
weekly:
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Target of $20.00 was reached todayOriginally posted by spikefaderPatiently holding with stop to even nowOriginally posted by spikefader....I took this short today at 27.60 (just above intraday pivot) and have a target of 20.00.
http://img47.photobucket.com/albums/...hort_intra.jpg
http://img47.photobucket.com/albums/...pproaching.jpg Closed whole position for +$7.60
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