SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : lcav

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Harry W. Lowe who wrote (216)2/20/1998 5:28:00 PM
From: Manny Gugliuzza  Read Replies (1) of 942
 
"very interesting but not unusual"

i refer to these other sites for news items i can not get thu regular channels and my pay sites. most of these are not very focused, some are very intelligent. and i certainly appreciate any well thought out opinions that are backed by sats or news.

lcav seems to be finding more support along the lowest uptrend line drawn from the low up along the bottoms of the last trading moves.

first 1.125 then 1.25 now 1.375. with the bollinger bands narrowing down very close and the volume pulling way back( lowest since the stock distribution) on these last moves it seems like we may be in for a sling shot effect.

triangulation is a definite formation especially if you take out the very high 2.44 and the 56 cent low.

IT IS NOT HOWEVER uncommon for the price to dip before this move upwards does occur. this is why i have not committed new funds.

still holding above the 10 and 20 day moving average or right on them now and they are still together.

a real buy signal would come with a close above the 50 day moving average and this would break thu the upper 5-7 day boll bands.

stochastics are again nearly positive on investools site but they are missing a few days the stock smart site has the 10k and 4 d very positive since 1.125.

the next big move here seems to be going up with most of the volume as small as it is is open trading with the bids coming in with any slight retracement of price and at higher volume.

there is much better long termer support now this past week along that trend line previously drawn.

good luck to all

ar.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext