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Good analysis, all the supports and resistances are correct, however, I am not seeing a big recovery here, it will maybe trading sideways.
Quote from: Dr PennyStock on February 19, 2012, 10:25:18 AMGood analysis, all the supports and resistances are correct, however, I am not seeing a big recovery here, it will maybe trading sideways.Well I was not thinking a recovery to $109, or even mid $60's, but I was thinking the MA50 or MA200 would be quite probable, especially with this massive volume (3x-4x the daily average) coming in. Do you think this is not likely?
Well that could be be a 40% run, which is pretty good. I do not plan on buying in because I think it would move to slow for me, but, this is something my father may take interest in. Hopefully it does not go down, LOL!
Quote from: PaulPaulPaulPaul on February 19, 2012, 02:35:13 PMWell that could be be a 40% run, which is pretty good. I do not plan on buying in because I think it would move to slow for me, but, this is something my father may take interest in. Hopefully it does not go down, LOL! Classic! Keep em coming Paul. I am going to be using these blue chip recommendations for part of my 401k roll over in coming months...I plan on trade some bigger boys with a percentage of the portfolio and then having a portion for penny trades. Will easily out perform the crappy mutual funds they have been sitting in for years!I am sure there are much better blue chips, with better looking charts, to recommend to your father
Oh I plan on keeping an eye out for more. I am going to try to find such a good chart that the good ol' Doc will change his name to DrBlueChipStock!
January 24 I grabbed some at $5.00http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83771918
Looks like a gap needs to be filled on this on this one,around $8 and some change. Rising nicely in the pre-market,which doesn't bode well for the market in general,in the short term.