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 : Bid.com International (BIDS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ruyi who wrote (20220)4/14/1999 1:52:00 PM
From: Denise D  Read Replies (1) of 37507
 
Doug,

Took a quick look at the C.CY chart (with BigCharts, so take that into consideration). Unfortunately that is delayed. But I got a RTQ from Quote Central; it gave me the day's high as $3.84 and the day's low at $1.95. That is quite a spread and looks like quite the retracement (if that is in fact what it is). But it has not broken past resistance/ new support at $1.80, so from what I can see, no signal for downtrend. However, it is entirely possible that today's action is a buying climax (there's that word again). Watching the close will be more telling.

As for BII, we talked yesterday about bull flags and how they are formed on low volume. Whether this is still occurring, you might get better insight from others, as I've already stated I need more experience in the flag/pennant area. However, I am clear on the fact that if there is indeed a breakout, it should occur on heavier volume.

I can see no similarities between the charts of CY and BII (at least in recent days' action).

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