Thanks for you're efforts Robbbb, you deserve a break. I will give a few a my opinions for what its worth.
KEY:
I wouldnt trade this stock simply because it's too illiquid, and it also makes it hard because the indicators can give you mixed signals BUT. From what I can see, nothing much is jumping out at me with this one. Volume is increasing, sure, but acc/dis is dropping which tells me technically this stock is not going anywhere soon and it may even fall further. Daily stochastics are all over the place probably because it's illiquid more than anything else. Weekly stochastics have crossed to the sell signal and both daily and weekly are pointing down. RSI is just floating around as you would expect in a range bound stock. Ive marked the divergence between price and acc/dis on the weekly chart. Sorry if im talking in riddles, i dont have time to edit it.
You could wait for a break of 12c and make sure there is enough volume behind the move and grab it then. Is there something fundamentally special about this stock? If not, look around as there are better opportunities out there IMO. All up, nothing doing here short of a break of 12c. Ive got resitance around 16c then obviously 18c. Not much resistance there so she could be a screamer if she does move. Zero volume yesterday, was there a trading halt or just nothing doing?
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[URL=http://img199.imageshack.us/i/keyweekly.png/][/URL]
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- weekend charting 6 /7 sept 09