Barry - You've got to be kidding!!! Great Charts... Excellent Financials. You have a lot to learn about TA. Although I look over a dozen indicators, I'll only site a few here; 1) Bollinger bands: trend - up, Friday tested middle band and resumed upward momentum, 2)MACD: trend - up, 3)EMA; trend - up, 4)RSI, Williams %R and Stochastics all show a move out of the upper (overbought) range early Friday, and are now crossing UP from just above the mid-range.
Barry, obviously, if you're asking these questions, you haven't yet figured out to make use of all the internet resources and the telephone to conduct Due Dilligence. You can even call the company and HEAR their MAVIS product in action!
Check these out:
209.61.17.22
209.61.17.22
stocktalknews.com
stocktalknews.com
I will not reiterate all the positives about CAGI here; suffice it to say if you read through all the posts, look at all the news releases over the past couple of years, and come to an understanding of their product, you wouldn't hesitate for a moment to own this stock. Fridays action gives you a small window of opportunity to get in here on a small dip (retracement) since it appears that the resumption of the upward momentum has begun.
But remember, invest at your own risk, use only risk capital, and do your research (DD). Then make a wise investment decision. CAGI is an investment, if you want to daytrade, first have a core holding (growth) position (expecting $10 soon, 15-20 easily possible over the remainder of the year) and then buy after the dips.
Plese come back and let us know what you think AFTER you do some homework!
Good Luck,
dbl. |
