There are actually some good long charts still poking through from the last few days. IFLO, LMT, NCTI, RNTK, AW, BKLY, BMTR, CQ, PKD, POI, SRR
Race is due for a bit of a bounce, so I'd like to lighten up, even though I'd be taking a loss. BFD, there's some good potential out there. I'm very comfortable accumulating SFST through next week, and will likely do so.
The AD indicators on WWES are running totally counter to the price...i.e., looking very bullish. Not sure what gives, but look for your exit opportunities.
Max, I checked out AMCC, PMCS, SLNK, RMBS, CMVT, CNXT...the only decent looking one was AMCC. The others look like real pigs. Don't be fooled into any cat bounces on these things. I'll say again...watch your hiney! VSAT too...look for more bargains on it in the coming days if you have cash to park long term.
RDOC is done, and I sold my last 2,000 at the open. It'll bounce a bit tomorrow, as the Oscillators are way oversold, but otherwise stick a fork in it. It's done for a few weeks.
RACE continues to hobble along. Could see another down day, or a shake, but the 4 month trend is still intact.
MADGF & NETM...see RDOC, above...:O)
AZTC may survive...need another day or two to tell.
RNTK was very strong on decent volume today. Trend is very much intact, but you should be able to snag some w/a limit @ 2 3/4.
I posted this to the Raging Bull board for SFST (#2885)...I strongly suggest you print out or look at the similarity in the charts (SFST & RNTK), especially if SFST continues to mimic RNTK...
Well, the action today was a little disappointing as far as pennants go. I was expecting a stronger run through the morning. But, with a day in the market like today, I have no complaints. The enthusiam & anticipation was surely there near the bells, Along w/a few folks who seem to have known a release was comin'...:O)
I realized a recent trade that offers a strikingly similar chart to SFST, price-wise, volume-wise, formation-wise. RNTK. Different business, lower OS/Float, but also a great story w/lotsa potential, and also breaking out.
It's worth the paper...print these out and take a look. RNTK is about 1 month ahead of SFST, but I am expecting a similar behavior from SFST, maybe a bit more of a pop, actually, as SFST is in a sexier sector. Figure SFST is approximately at 3 March on RNTK's chart.
siliconinvestor.com
siliconinvestor.com
If your eyes start to cross, have a donut w/glass of milk and go to bed, cuz mid-long term, this stuff may not mean too much...:O)
Yo Greg!!! Thanks for the Head's up via RK ;O)
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