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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: Ruby who wrote (455)5/12/1999 3:31:00 PM
From: John Paquet  Read Replies (1) | Respond to of 1239
 
OK! Ruby,

Let us take a good look of each of these stocks KCA GTR and SEM.A
respectively.

chart.stockwatch.com

chart.stockwatch.com

chart.stockwatch.com

First KCA;

KCA hit new Hi of 1.60 then sencond time attempted to go higher but failed totally, only went up to 1.57 then gotbooted KCA went down to .82 and bearly moved up to 1.05, the price action look scary, not as good as SEM.A at all. I see KCA will re-test that .75 wich is my entry points. This KCA stock you need lots of patientce and wait for that .75 to come.

2nd. GTR;

GTR had that important support $4.75 broken yesterday one day before earning report. It has the most extremely bearish ever warning as I put sell warning last night. The measurement of this price action is $3.35. And I am not kidding at all.

Fundamentally, that .26 EPS is not justified for this $4.75-$6.15 at all.

GTR recent rally is 100% purely for that e-commerce business which built into price, but so far that e-commerce is still not in place. Market will get tanked further. THat $3.35 is sure target. And I am not kidding at all.

Now, Click that SEM.A,

SEM.A few days broken that .10 cent and rally to .19 with strong volume, after three day textbook correction down to where the rally start, yesterday, today it a bit move up to .12 cents.

The price action tell that this long term down trend is over, she is ready to move into higher prices. And I an not kiding at all.

Go figure.

Buy low sell hi, DOn't buy hi and sell low.

John Paquet