Hey guys this is in response to Firsovas request for a chart. I know nothing about your stock FA wise just looking at the chart so not bagging just saying what I see and could be very wrong!
Rehash and amendment from DT thread
Hi Firsova
LRS Please don't take my word as gospel as I am not as good as the regulars and i am not sure what your intentions or timeframes are with this stock.
IMO I would be personally trying to jump out not necesarily buy more but this could be the charts reaction to the low volume days. Short termer thinking and my disclaimer is I know NOTHING about this stock i am just looking at the daily chart. I can look intraday shortly if you like just if you can give me an idea what time period you need and how your thinking i can aim something useful at you.
2 gaps which is where i may consider rentry dependant on the stochastics volume momentum. gap @ 25 and obviously the biggy 18 - 21 which was your breakout.
Daily indicators
MFI = 96 overbought
RSi = 76 overbought but trend not broken and has seen 91 Feb 2011
Twiggs money flow 12.6% but its coming down and either bounce on trend line or break ...obvious point but its coming down to the trend line!
Daily stochastics 14:3 overbought zone but not crossed at 100%
Macd still positive but moving back to cross down also volume dropping off.
Momentum also dropped off.
Your also 2 clicks from the top bollinger bands at the moment so always wise to let that come back.
I could be very wrong but thats my thoughts and the chart could be subject to the low volume days as i said. But be aware thats different indicators saying similar things.
Summary the up trend will break on monday if staying as is. Apart from that I think it will come back and you will probably have a better buying opp at the gap at 25 but you need confirmation of the trend. This is obviously excluding any anns coming or anything else left field. I have used a number of indicators because i know nothing of your stock hence the non posting of chart.
Sorry if this info is useless withoout the chart.....a picture speaks louder than words i know.
Now i have added a chart!
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Hey guys this is in response to Firsovas request for a chart. I...
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $532.2M |
Open | High | Low | Value | Volume |
18.5¢ | 19.5¢ | 18.5¢ | $900.1K | 4.742M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 52404 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 2711434 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 52404 | 0.190 |
8 | 967551 | 0.185 |
21 | 1943930 | 0.180 |
12 | 1109246 | 0.175 |
11 | 1152105 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 2711434 | 23 |
0.200 | 2897348 | 22 |
0.205 | 921658 | 11 |
0.210 | 2336912 | 19 |
0.215 | 851896 | 7 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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