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Author Topic: YRCW - YRC Worldwide, Inc. - NASDAQ  (Read 30974 times)

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February 24, 2010, 01:59:02 PM
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Tombo


It's setting up and almost ready for a pop, in yesterday at .37.

RSI increasing from a low of 20

ADX + - have turned in on eachother

Stoch RSI has crossed over .20

MFI  has turned upwards

Strong volume

http://stockcharts.com/h-sc/ui?s=YRCW&p=D&b=5&g=0&id=p79277570234

February 24, 2010, 02:04:55 PM
Reply #1
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Dr PennyStock

Administrator
Yes, it looks good, but, it's not a pincher, far from it.
Dr PennyStock

February 24, 2010, 02:15:44 PM
Reply #2
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Vegas


I think it is a pincher, just not a very tight one... It should go up but you won't get the percentage of gain like you will from the sub zero pennies... The RSI(14) is still a little low for the pinch so there is a chance it will pull back again before it pops...
♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦

February 24, 2010, 02:21:28 PM
Reply #3
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Equitymonster83


I like YRCW.  I am in too.  I think its a pincher too, but agree with Vegas that its just not a tight one.

February 24, 2010, 02:25:43 PM
Reply #4
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Tombo


Ya i agree, i know the pinch isn't the tightest put it is still there.  Yes the RSI isn't quite to 30 yet so i do agree that there isn't full confirmation, i usually wait to cross over the keltner channel also for confirmation, but this seemed like a solid opportunity yesterday when i bought it.
 I used this board a lot when i started trading almost two years ago, i was 18 and just started out stock trading and this board helped me a ton when i just started so i would like to use this opportunity to say thanks to all you guys.  I've decided to come and see if i could help you guys out with some trades too.  I usually use a form of the pincher strategy to trade stocks between $1-$8 of course there has to be a much larger investment considering i'm only looking for 10-20%, but it's been working.  TSYS is an example, i bought that this morning.  Good Luck and lets make some money!

February 24, 2010, 04:17:26 PM
Reply #5
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Dr PennyStock

Administrator
I don't see this breaking the PAR SAR, even .5 will be difficult, be careful with this resistance.
Dr PennyStock

February 26, 2010, 11:36:10 AM
Reply #6
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Tombo


Hello .45, thats up 12% today.

Par Sar sitting at .46, could be interesting.

February 26, 2010, 11:42:30 AM
Reply #7
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Tombo


I'm out, bounced off that PAR SAR, decent chance of it breaking but not worth it to me i just dumped my 25k shares at .4499, taking my 20% and leaving, good luck to any of you who are holding.

March 01, 2010, 09:38:22 AM
Reply #8
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Vegas


Pretty active in pre-market trading this morning...
♦♦♦ Give me control of a nations money supply, and I care not who makes it’s laws... Mater Amschel Rothschild ♦♦♦

June 01, 2010, 08:16:25 AM
Reply #9

DBEN153662

Guest
Im all in with 8,500 shares  since friday ! All aboard ?

June 01, 2010, 04:16:19 PM
Reply #10
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Dr PennyStock

Administrator
Im all in with 8,500 shares  since friday ! All aboard ?

Why? Some good news?
Dr PennyStock

June 01, 2010, 08:37:07 PM
Reply #11

IAMCLP1

Guest

June 02, 2010, 05:50:42 AM
Reply #12

ket1390

Guest
this firm has financial problems plus market overall looking bad...i wouldnt touch it..chart is in a heay downtrend 0.36 / 0.38 resistence. The trend you can follow with EMA9 0.36 and EMA13 0.38

http://stockcharts.com/h-sc/ui?s=YRCW&p=D&yr=0&mn=7&dy=18&id=p48285993114

June 02, 2010, 02:16:47 PM
Reply #13
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Dr PennyStock

Administrator
this firm has financial problems plus market overall looking bad...i wouldnt touch it..chart is in a heay downtrend 0.36 / 0.38 resistence. The trend you can follow with EMA9 0.36 and EMA13 0.38

http://stockcharts.com/h-sc/ui?s=YRCW&p=D&yr=0&mn=7&dy=18&id=p48285993114

Agree, I don't like the chart either.
Dr PennyStock

June 03, 2010, 01:37:12 AM
Reply #14

DBEN153662

Guest
I expect this to close the week close to .40 ~