Technical Trading of Pennies Message Board

STOCKTALK

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 : Technical Trading of Pennies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lou Farrell who wrote (250)	12/28/1998 12:23:00 PM
From: paul s.	Read Replies (1) of 478

Hi Lou...thanks for posting! BANY...I haven't checked any fundamentals, but technically here's my take...the price has been on an uptrend all year...definitely a good sign... ...after the recent run up the price has come back down to the lower Bollinger band and bounced off a little...RSI and Williams%R are somewhat high still, but close to yearly low values for this stock (support)... ...for me I'd be anticipating at least a short term holding pattern to consolidate at these price levels...I'd like it to prove the bottom here some more before I would jump in (risk management)...also volume has dried up somewhat so support is shaky a for me at this price... ...I guess it's a matter of your own risk tolerance to where you buy in next... What's the fundamental story on this one? paul members.home.net

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next