Looks like it will be a merry christmas after all!
Saturday, September 29, 2007
Make My Christmas Merry, SMPH
Looks like it will be a merry christmas after all!
Eenie MINI Miney Moe
Thursday, September 27, 2007
NI Jerk Reaction
Wednesday, September 26, 2007
Come Fly With NI
Friday, September 21, 2007
MIC It Real
It is now priced around the 130MA, which is at 5.36. The 130MA has also served as support and hopefully MIC won't fall any further. So if what's forming now is really a flag, our resistance for the next trading day is 5.60 with the target poinitng to 6.80. However we should expect some resistance at 6.60 as the 65MA before it can continue. On the other hand, the MACD shows the 2 lines steady while slowly moving higher.
If one would notice, the GEMINI issues are moving again. NI is suspended pending further explanation of their deal. GEO is moving higher but isn't as strong as before. But MIC...this is a possible tsupitero's delight. Should prices follow expectations, then the price should break out very soon giving us at least a 17% rise in prices.
Sunday, September 16, 2007
NI: Rise of the Dead?
As we can see in the chart, an ascending triangle has manifested itself onto the scene. Should this breakout of the pattern, a buy could be called above 12.50, where our resistance is. The target of the pattern is 16.25. I would initially put a cut loss at 11.00. Of course this becomes higher as the days go by and the triangle isn't broken.
We see on the MACD that it is still in a rally mode. Should this continue, we may see the fast line move above the zero line.
But a word of warning to the uninformed. Since this stock has low liquidity, you could be in for a Nihaosiao.
Friday, September 7, 2007
The COST of a Diamond
Sunday, September 2, 2007
Raise the Flag for PCOR
What is sure is that PCOR broke through the short term resistance at 5.50 and is currently doing 5.70. What seems to be a flag looks suspect though. There is no significant volume that accompanied the break out. Yet, the MACD has signalled a short-term play as it's rallying from recent lows.
Should the current formation prove to be correct, the resistance is 5.70 and the projected upside target would be at 6.00. Unfortunately, this is too small an upside for me to even get excited.
Hopefully we'll see more issues giving us better signs in the coming weeks.