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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: Skip_S who wrote (2375)5/29/1998 1:10:00 PM
From: Coz  Read Replies (1) | Respond to of 6931
 
OKAY OKAY you don't have to shout! ;-)

In for another 5K shares. I noticed that the ask moved up a couple pennies just after my trade was executed. I will consider that a good omen!

Coz



To: Skip_S who wrote (2375)5/30/1998 10:07:00 AM
From: John S. Baker  Read Replies (1) | Respond to of 6931
 
<Not necessarily to Skip> Here's another way to get quick and dirty visualizations of where support and resistance lie. It takes less time to *do* than it does to tell it.


Go to bigcharts.com


Key in the stock name. Set pull-down menus to time frame to one year with frequency daily. Set indicators to "Volume by Price" for the upper indicator and "money flow" for lower indicator. Click on "draw chart"


The result will give you a pretty good visualization of where the heavy transactions have occurred during the time frame selected.


(I use one year as a default but then adjust the time frame if there have been significant occurrences more recently.)


Try it; you'll like it!



To: Skip_S who wrote (2375)5/30/1998 10:18:00 AM
From: John S. Baker  Respond to of 6931
 
> If you look at the 50 day moving average, you have major support in the .53 to .54 cent area. <


Not too familiar with this TA stuff, but once I've plotted the 50-day moving average (simple or exponential?), what do I look for to tell me the support level? And why do we pick 50-days rather than some other number? Thanks in advance.