Hi Cush,
Follow up on NT.to (PHNPI)
(Hey Shack... the other day u called for NT.to to hit $40.00...well guess what, I just pulled up the PnF chart & the target to the upside is...$39.00) (based on the 3 box reversal)
Daily chart Nt.to
stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!ul14!lc20!la12,26,9!lh14,3!lb14]
Not much to add from the weekend comments.... +Dm1 did cross over the -D1, ADX is still trending down possibly indicating that the prior trend has lost strength & we are entering a trendless market (under 20), Macd histogram postive & appears to be gaining strength (very hard to read though), I would really like to see confirmation of the 5 day ema cross-over of the 21 day ema to confirm Wilder's signal. The next day or two will tell the tale. Stay tuned. I hope we rally (gotta keep those bears on my other shoulder back in the cave for a couple or so) <ggg>
If we rally, I think it we be a really powerful BEAR rally. Anyway who cares as long as your nimble. BWTHDIK!!!
CIC.to (phpi)
stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14]
I bought this on Thursday last week. 1/2 for a daytrade & 1/2 for longer term hold.
Chart looks pretty good IMO, considering what the security went through to get to this level. I may be biased because I have fond memories of playing this stock a few year ago @ the same price level...of course it was very thinly traded back then.
Positives: +D1 crossed over the -D1, ADX trending down indicating the prior trend (down!) is losing strength, 5 day ema crossed over the 21 day ema confirming (in my mind), the action on the Wilder's DMI, a whisper of CMF is noticable (if ya look closey)on the chart, Macd histogram gaining strength, & Macd itself is attempting to finally hit 0,
Negatives: 50 day ema heavy resistance looming soon, & the Slo Stoch is above 80 but has not turned down yet... As Cush is fond of saying... 2 out of 3 ain't bad
KCA.to daily chart <phpi>
stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14]
I also bought this on Thursday... I was trying (by just a little bit...<g>) to anticipate the +D1 cross-over of the -D1...hasn't happened yet... Note the ADX; same action as on the other charts that I posted today, 5 day ema did cross over the 21 day ema (but not confirmed yet by Wilder's DMI), SAR positive, CMF positive,
Negatives: Candles, Slo Stoch screaming SELL, Wilders DMI & heavy resistance from the 50 day ema
Comments: very tight stops in place
& finally a gold chart <hehehe> GBU.to <phpi>
stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14]
I think this POS is ready for take-off from what I can see on the chart.... (played this one last week on Atial's challenge of course it didn't move then <ng>)
Positives: Check out Wilder's DMI (nice), if the ADX can propel through 20 & beyond... it will indicate that a very strong trend is at hand (UP!!), SAR +, nice cross-over of the 5 X 21 day ema a couple of weeks ago, very nice CMF & Macd, looks real pretty for a junior gold stock. Nice bullish engulfing candle & price rising on increased volume.
Negative: $3.50 resistance is close @ hand, look how the Slo Stoch is languidly tracing an oversold pattern since the 5 X 21 day ema cross-over... interesting!!!
Regards,
Peter |
