Tweet
-
-
-
I'm expecting or have a target of 16/17 for HTRN in my own mind. Yesterday was a great day on more than twice average daily volume. This morning once it started to get going I thought it was going off but you're right it was a fake out. What I liked about it today was that it broke about it's previous highs by a wide margin. What I didn't like was that it failed to hold those gains. Yet it closed up for the day on more than 3 times daily average volume which is a good thing. The A/D line and the OBV line are tracking steadily up and that is good also. I'm prejudiced because I own a considerable amount of it but I am also a realist and honest in that I won't deceive myself about the stocks I own. I won't tout it but I think it speaks for itself. I also believe that there are a considerable number of momo players into it because of the very wide range of intraday swings in it's price over the last few weeks which leaves alot of room for them to manuever with intraday trading. That makes it harder for it to hold onto it's gains but as long as nothing has changed with the basic fundamentals in a bad way then I'm optimistic and will hold the position.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
Comment
-
-
NXTP: back from 6 may
Comment
-
Using this simple set-up I’ve been impressed with the results and the time has come to put some cash up for real. Market structures also happen in all time frames. I’ve been using it with real money for D/T’s with good results. SIRI was a good one, now trying it for a swing will be more of a challenge but I think it will work. General market conditions will have an impact on results. For now using the tops down approach I’ll wait to go long until after the market pulls back, may still D/t in current environment.Comment
-
Runner,
Check this out on HTRN:
http://moneycentral.msn.com/detail/stock_quote?S. Plug in HTRN in the box and click on any of the blue fyi. Institutional buying up around 7% this past week. Aside from that it's a very good site for all kinds of info. Good luck with your new system and real money trading.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
Comment
-
Comment
-
Are you implying weakness because of a few sells by insiders who got the shares on the cheapo an are taking profits. I'm not buying into that one at all. That stuff happens all the time with these insider guys. Probably 80% or more insiders of all the stocks out there are taking profits when their companies stocks go up. If you check out the insider transactions on most stocks the largest % of them are sells. Then they issue themselves more to do it over again. I'd be doing the same thing if I had the license to steal like these guys. But Thompsons Financial is a good site an I use it frequently for info. Anyway I'm still solidly entrenched in my latest position in it an am expecting great results. Up over 2 points on the 3 positions I've taken in it over the past 5 weeks or so. If you have a minute check out the weekly chart or the point and figure chart for it on Stockcharts.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
Comment
-
I meant to mention something on NXTP. I think it looks real good but on the weekly it's RSI and CCI have been above the 70 line on the RSI and the CCI has been above the 100 line. I would be patient and be looking for some consolidation or somewhat of a pullback before entering at this point. It's been rising pretty steadily and the only thing that would bother me would be those two points. I do like the chart and the stock though.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
Comment
-
Weekly charts:
T COH COHU CSGS DGIN EPD FVD BGC GLK BOBJ CLFC CEDC SBS CAG HXL HOC HOLXComment
-
What?!?!!!!
T?!Originally posted by Runner
T?!!!!
Runner, old buddy, old pal,
What do you see in T? (That I don't see?).Comment
-
Runner,
Make a couple of picks for the contest this week. The more entrants the better the game.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
Comment
Comment