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  • New-born baby
    Senior Member
    • Apr 2004
    • 6095

    Originally posted by ninner
    pnf charts from stock charts nb...im finding candlesticks alot more reliable...those pnf charts....usually they dont reach the targets they say on them...if Talx holds the 50 day which im thinking it will if the market cooperates is going alot higher.


    all the best NB
    Yes, I sorta agree with you. PnF are not always reliable, but at least you have an idea from them if the chart is bearish in the eyes of Mr. Dow himself. I give him credit for being a better judge than I.

    I do appreciate your posts. I'll look at all that you throw up on the board.
    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

    Comment

    • New-born baby
      Senior Member
      • Apr 2004
      • 6095

      Keyw

      Ninner,
      Lets's see what you've got in the bag here . . . .

      I do like the fact that your entry seems to be at a good time: STOs like it here along with the RSI, and $17+change is right at support. Excellent entry, my man!

      Even Mr. Dow likes this one with a bullish chart looking for $36. . . .
      but first it has to clear resistance at $20.50 and $23.

      Best to ya, Ninner. I like that entry!
      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

      Comment

      • ninner
        Senior Member
        • Dec 2004
        • 524

        thanks newborn

        interesting it formed a doji on the 20 day today so we will see where it opens and moves on tuesday...probably will depend on the market....but i think KEYW might be at a bottome based on those long red candles in the oversold area...looks to me like panic selling..which usually mark bottoms in stocks and now some bullish candles.

        all the best

        Comment


        • KEYW retraced 38.2% of its decline between 4/26 and 5/17. If the trend is still bearish it could rise as high as the 50% retracement level, around 19.80, without a change in trend.

          Comment

          • Peter Hansen
            Banned
            • Jul 2005
            • 3968

            NB Happy Memorial Day to you and family!

            NB GW seems to be coming off a low ...... this stock appears to move up and down in waves......looks as if an upswell is in motion.........any thoughts on this GREY WOLF.....seems like ready to jump?

            Comment

            • New-born baby
              Senior Member
              • Apr 2004
              • 6095

              Originally posted by Peter Hansen
              NB GW seems to be coming off a low ...... this stock appears to move up and down in waves......looks as if an upswell is in motion.........any thoughts on this GREY WOLF.....seems like ready to jump?
              Peter:
              Checking out the charts on GW . . . lots to consider.
              1. Friday's action a black, gapping candle. What does that tell me? A lot of people bargain hunting are jumping in, and a lot of people who were stuck overhead were jumping off. Bearish . . . .
              2. PnF is not sufficiently convinced--$4 target. Yeah, these PnF can be wrong, and they can be slow, but still, think about it.
              3. Did you notice that the 10 day was below the 50 day which was below the 200 day? That doesn't encourage me.
              4. The only encouraging thing I see is that the STOs say--on the daily; they disagree on the weekly--that this could be a bottom.

              Where do you want GW to take you? Have a target? Plan?
              It just doesn't jump off the screen to me as a bullish baby; I could be wrong.
              Thanks for asking about it. Sorry if I discouraged you . . . .
              pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

              Comment

              • noshadyldy
                Senior Member
                • Sep 2003
                • 539

                To NB

                Thanks NBB. I just saw your reply to me regarding buying GLD on the TSX. I appreciate the clarity of it. I was making it much more difficult for myself.
                thanks. again.
                "Whatever you can do or dream you can , begin it. Boldness has genius,power and magic in it." Goethe

                Comment

                • New-born baby
                  Senior Member
                  • Apr 2004
                  • 6095

                  Originally posted by New-born baby
                  Peter:
                  Checking out the charts on GW . . . lots to consider.
                  1. Friday's action a black, gapping candle. What does that tell me? A lot of people bargain hunting are jumping in, and a lot of people who were stuck overhead were jumping off. Bearish . . . .
                  2. PnF is not sufficiently convinced--$4 target. Yeah, these PnF can be wrong, and they can be slow, but still, think about it.
                  3. Did you notice that the 10 day was below the 50 day which was below the 200 day? That doesn't encourage me.
                  4. The only encouraging thing I see is that the STOs say--on the daily; they disagree on the weekly--that this could be a bottom.

                  Where do you want GW to take you? Have a target? Plan?
                  It just doesn't jump off the screen to me as a bullish baby; I could be wrong.
                  Thanks for asking about it. Sorry if I discouraged you . . . .
                  Did you see the bearish action today? I hope you avoided this one . . . .
                  pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                  Comment


                  • NB, whats ya think of OS, HERO, and SU?

                    Comment


                    • I forgot NSS

                      Comment

                      • billyjoe
                        Senior Member
                        • Nov 2003
                        • 9014

                        New-born,
                        One of your least favorite stocks (GM) has just announced sales far worse than expected. I think the fairy tale ending is over.

                        billyjoe

                        Comment

                        • peanuts
                          Senior Member
                          • Feb 2006
                          • 3365

                          he'll tell you to short it

                          Originally posted by Runner
                          I forgot NSS
                          See this link for what NBB said about NSS when I first brought it to the board's attention:

                          Hide not your talents.
                          They for use were made.
                          What's a sundial in the shade?

                          - Benjamin Franklin

                          Comment

                          • New-born baby
                            Senior Member
                            • Apr 2004
                            • 6095

                            Oops!

                            Originally posted by peanuts
                            See this link for what NBB said about NSS when I first brought it to the board's attention:

                            http://www.mrmarketishuge.com/showthread.php?t=1292

                            Yup, she sure moved up. Guess that PnF chart was wrong, eh? Thanks for bringing it to our attention.
                            pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                            Comment

                            • New-born baby
                              Senior Member
                              • Apr 2004
                              • 6095

                              Gm

                              Originally posted by billyjoe
                              New-born,
                              One of your least favorite stocks (GM) has just announced sales far worse than expected. I think the fairy tale ending is over.

                              billyjoe
                              Sales are not helped by all the talk going on right now. It doesn't give a person confidence in the product if you keep talking bankruptcy. I think it is almost time for the union to ask for another $5/hour raise.
                              pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                              Comment

                              • New-born baby
                                Senior Member
                                • Apr 2004
                                • 6095

                                I want your opinion.

                                Originally posted by Runner
                                NB, whats ya think of OS, HERO, and SU?
                                Not sure right now, Runner. What do you think?
                                pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                                Comment

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