BCAM showing Combo & ADX turned up. Others still down & trneds down. Might get a little pop...continue to watch. Too risky, especially in light of possible dilution. Dilution btw doesn't appear in charts, as CO is rising, a good sign also, w/OBV dropping...
BNTI showing some more pervasive weaknesses. Thought run that started a few days ago was a fresh long rise...maybe not. Strong showing tomorrow would likely mean a coninuation of uptrend, weakness might indicate a break down...to be safe, wait for data, maybe through Tuesday...
CAVR still showing the strongest trends of any pennies I watch for the past two months. Expect a move in the next few days. 1/8 on a .50 buy is 25%...Suspect the Bob & Diana are still selling, need to find out how many shares they have left. WOuld still say accumulate...
CNKT pennants continue...like a dying man's last breaths...why couldn't I have found it one breath sooner...BBand support now down to 1 3/4, and steadily under the 50DMA. TOmorrow could be interesting. Most everything shows a downtrend, but very near term, some oscillators are mixed. Could see a move up. Holding the balance long term...just checked the 1 & 5 day charts. No big selloffs today. Biggest trade apparently a 17+K buy @ $2. Last three days also no major sells. Lotsa little stuff, under 10K. Watch for the intraday change of trading...i.e., insider liquidation...you did peg it for July's end...looking for little steps...a steady rise...
DIXS 5day lokks like some sort of F---d up emoticon...trends mostly pitiful. Only hope offered is by flattening and ever so slight rise in CO & OBV. Still to early to tell anything but continued slide or dead stop. Combo is showing a major convergence towards the end of next week...watch for others to follow suit on the OS side...
HDIE feels like it's back around 20 April...something's either got to happen soon to preserve this fresh try at a long overdue, frequently attempted but always failed trend reversal...or it will happen by Monday. Most oscillators are at or near the bottom of their channel. Most trends look good. Suppose we could stand another day of weak volume w/no compromise...Hold on the underlying chart strength, hype, fundies...buy on margin >$5...
IFLY volume was kinda impressive. 5day action gets some applause too. Waiting for an encore. BBands still pinching. Most laggers & trends still falling. A good day tomorrow could start to change that. Nothing obvious that might hint today's optimism is related to pending news...which could just blow this outta the water, w/os condition of some oscillators.
RNTK break to opposite Bband right now means anout 1 3/4. ADX running up, wild, and free, w/CO crashing. CCI trading...RSI still very OS @ 25, 14,3,3 also. COMBO SHOWING A MAJOR OS CONVERGENCE, WOULD ADD LOTSA UUUMMMPH TO ANY MOVE. Trix falling away from 0 again. Some longer trends still intact, but short term, obviously from the recent action, trends showing very weak now...Accumulate. Next week...
TEXN Combo is moving up. OBV up also. Some oscillators have started a run up. Sell on the news, until trends get a reversal...
TNRG charts continue to simmer. I'd throw them right up there w/CAVR except for the fundies being so discombobulated...pressure is building. Don't see anything oddball to suggest excessive dilution...wait... |
