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Strategies & Market Trends : Ted Warren's Investolator -- Ignore unavailable to you. Want to Upgrade?


To: stackedinvest who wrote (1024)4/16/2022 10:30:58 PM
From: WEagle  Respond to of 1798
 
Hi Stack.

While I would rather that those quick up move in early 2020 and 2021 had not happened, they were both followed by down moves back into the lower range. In 2020 the price quickly returned and after the 2021 up move, a long grinding downtrend began. Both would discourage the public. I would call the 2021-2022 decline a quiet period of accumulation.

Quarterly earning for most of the last four years has mostly bounced back and forth around $0.00 - a few cents up or down -- not good but not that bad for a stock trading around $1.00. Despite total assets dropping for the past several years, an overview of the balance sheet doesn't look too bad.

I agree that you can call this a 4+ (almost 5) year base. that would require a move at least to about $1.50 for a buy signal, but if you want to take a little more risk, you might consider buying on a move above the upper trend line of the decline over the last year. Generally, if you were going to buy based on a decline, it should be a decline of at least 2 years, but considering the past 4+ years, I don't think trying to buy on this smaller up move is that much of a risk and it would get you in a lot lower, allowing you to buy more shares and assuming this buy signal occurs soon, you might have about a 75% move by the time the price gets to 1.50. If the decline continues for a while, you might get a buy signal at an even lower price. If it continues to decline too long, there might be something that would change your mind about it being a good buy.

Let's see what I2 has to say.

WEagle



To: stackedinvest who wrote (1024)4/17/2022 6:01:02 PM
From: investolator2000  Read Replies (1) | Respond to of 1798
 
Hi Stacked,

WEagle gave a good summery of AIRI. It is one I would put on my watch list. It could be about to finish its downtrend, or maybe it is just getting its second wind before dropping some more. Pulling the buy trigger now could be perfect timing or it could be six months too soon. I myself would like to see it trade at or above $1 for a period of time that shows the downtrend has been reversed. Since I am still on pain meds, I will not be making any buy or sell transaction. I will be off my pain meds by the end of this week. The doctor said that I will not be able to drive for at least six weeks. The benefit of being retired.

Hope everyone had a Happy Easter,

I2000



To: stackedinvest who wrote (1024)4/18/2022 10:27:53 AM
From: investolator2000  Read Replies (1) | Respond to of 1798
 
Hi Stack,

I came across ONCY on "Bottom Fish Stocks" board on the iHub site. It reminded me of AIRI. Compare these two stocks side by side, both on a ten-year chart. WEagle will tell you that I tend to look for triangle formations. Well, I do not look for them, they just kind of pop out to me. At least to me, it seems that ONCY is getting ready to break out of the triangle. Whether it will break down before turning up is anyone's guess.

I am also including the "all data" chart of ONCY at the end of this post.






I2000



To: stackedinvest who wrote (1024)4/18/2022 11:28:24 AM
From: investolator2000  Read Replies (1) | Respond to of 1798
 
Hi Stacked,

Here is another stock to compare with AIRI. DGLY seems to have rounded off at the bottom. The big question is will it stay above $1? One thing that I like to do, and maybe WEagle also, is when I find a chart that I like, I look for other charts that I can compare it with. All the charts that I have posted today can at a first glance be almost alike. While the prices might be different, the charts still look almost the same. Some appear to be in a downtrend that may, or maybe not, end soon. While others appear ready for a breakout to the upside.

Well, it is time for me to take my pain meds. I have held off on doing so until I could share more charts with everyone. Take care all. Have a safe profitable day.



I2000