BQI is moving and ready to take a run to 1.50+
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This blog does Technical Charting on Online Canadian, and American Stock Plays to find the movers
( This site is not about being pretty... It's about self education in the art of gorilla charting and swing trading!
Thursday, June 11, 2009
Tuesday, June 9, 2009
CXX.TO still moving and ready to rise
I can see steady buying on Level II... we have some back fill, but for an explorer, the price is still low and demonstrating a rising triangle pattern... The doldrums have not yet had a chance to flame this one out IMOP.
Considering the low the markets have hit, I think go away in MAY is likely not going to be a large risk factor in low price issues (cxx.to) that haven't made their move yet.
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Considering the low the markets have hit, I think go away in MAY is likely not going to be a large risk factor in low price issues (cxx.to) that haven't made their move yet.
Some updated TA StockCharts Public Chart List
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
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BQI
Technically BQI needs to break above 1.20 to 1.25 and the pressure and indicators suggest it is preparing to do so... If it should fall back, indicators suggest a buy the dip strategy StockCharts Public Chart List
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
Please read our Complete Disclosure
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
Please read our Complete Disclosure
DON.V
When it comes to the Summer Doldrums, I like stocks that are still low relative to the gorilla fundamentals that can be market motivators. In Don's case this is a major factor that causes me to continue to hold... stocks with these fundamentals that are low volume, and sleeping, offer lower risk than chasing hotter prospects that have potential to sell off in the doldrums. I like stocks that run and sell off in the doldrums, so long as I have had the good luck, and skill to buy way before..
While it is hard to predict when how much of the crowd will move in.... or even if they will... I see plenty of level II evidence there is a growing pack of traders gaining more confidence and the price is back filling quite predictably, and over time the price has moved up on those rising lows of the back fill... I have a Globe investor chart that I have used for ages that uses a 3 line crossover and the 20 day average has been traded over for about 4 months and sits at .165 which would be the optimal buy in... A bit to late for that, so if I extrapolate the line, it sits at about .185 as of today and the new high of .22 cents.
At the same time risk is extremely low considering the level II qualities paired with the TA. If you look at a chart you can see Don's history has met with resistance at .60 cents, however this time I think we have a good chance to break it.... JMOP
GLTA Lostoutwest
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Grandich
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CBCnews
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While it is hard to predict when how much of the crowd will move in.... or even if they will... I see plenty of level II evidence there is a growing pack of traders gaining more confidence and the price is back filling quite predictably, and over time the price has moved up on those rising lows of the back fill... I have a Globe investor chart that I have used for ages that uses a 3 line crossover and the 20 day average has been traded over for about 4 months and sits at .165 which would be the optimal buy in... A bit to late for that, so if I extrapolate the line, it sits at about .185 as of today and the new high of .22 cents.
At the same time risk is extremely low considering the level II qualities paired with the TA. If you look at a chart you can see Don's history has met with resistance at .60 cents, however this time I think we have a good chance to break it.... JMOP
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
Please read our Complete Disclosure
Monday, June 8, 2009
WIN.TO
I see a lot of volume, but churning describes the action
WIN.TO is moving against the tide and it appears to want to move up more.
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
Please read our Complete Disclosure
WIN.TO is moving against the tide and it appears to want to move up more.
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
Please read our Complete Disclosure
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