Hot Pick Of The Day
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Originally posted by Runner View PostNB, do you like PCP?
Very nice chart! I wish I had bought it today.
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Originally posted by Runner View Post
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Originally posted by Gwhiz View PostMNCS, total shell company,
down about 60 % in the last two days.
Any thoughts?
Really, that plunge down suggest the company may go all the way to zero. Stay far away
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NB, not sure what all the experts are saying about steel. In fact I never base any decisions from the big gurus. I just look at lots of charts. Here is what I see in steel for now.
This first chart is a monthly overlaid with a 50 month channel. Notice the huge reversal off the top. What I find interesting is the yellow descending line has been violated with a possible reversal. Notice also since 2003 this group has not exceeded the upper channel much and when it does it warrants caution. Also note the lower tags that would have had anybody looking good off the tag.
This is the weekly with the same overlay on from the monthly. You got a possible change in trend taking place as price elevates above the yellow line.
Here is the daily with the same overlay. Notice the channel has been running sideways. We now have a channel breakout with one retest.
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New Born,
Urz has fallen to roughly the previous bottom, just wondering how long before one can say with any certainty that it has double bottomed. Up 7 cents in after hours.
Not only could it be a good technical play, but it also has a future as a company.
Also, what does the TA look like for PACT and CPST.
THanks,
Gwhiz
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Originally posted by Runner View PostNB, you think DRIV has any gas in the tank?
Now, show me what you think. I know Runner well enough to know that you've got a good idea what will happen next
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