I sense hostility in your writing?
So let's look at my comments:
"The other day, I suggested it would go down between $1.00-$1.25 This stock went up way to fast, and as such has to correct. MY TA suggested that it will be a buy around that price, and then will slide sideways for 4 days or so, and then start to appreciate, then gap up to $2.25. Its way to early to say when $3.00 will be hit again. But as a sign to take to your broker, their is obviously people waiting to buy. So momentum may well get going again soon. As of today, the low should be $1.15 by Wed. #reply-7704726 Would you like a nice chart?
Note: when I was predicting the price for BII, they fooled me by issuing a news release"
Well look at the chart: mypage.direct.ca
Tuesday Feb 9, 1999 it hit a low of $1.11 {yeah $0.04 below my $1.15 price} Then the momemtum started to pick up {4 days side ways to today} I don't make promises. What you should note is this:
On the GIF look at the close on Feb 16, 99 of $1.35 and has a IND2B value of $1.3646 also mark by points "I". That is the important technical point of this stock. What it suggests is the line of support for VNE. If the close remains below the IND2B for any amount of time without higher highs, then you have a technical break down. IND1 has now started a basing { "II"}, and may very well start it's unclimb soon. The lower indicator is a Trend Channel, and the higher is a Trend Correlation. The fast MACD is showing at most a three day sideways movement. The Stochastic is actually in an uptrend right now {19.3, 17.6} Which in TA terms means this is a buy.
So when you say this:
"It seems to me your the only one who is "bull" on this stock.
Do you have anymore tips where I can lose more money?"
I begin to wonder if you are angry at VNE, yourself, your broker, or me? If you want a guarantee on technology stocks, SHORT them against CALL options, or go LONG against PUT options; when they seem to reach trend lows or highs.{purchase the options first, and let them ride you into the position} You can't do that with penny stocks, so you must be prepared to ride the volatility. |
