BUY - AVX.V

I have posted some commentary in a chart in the StockCharts Public Chart List This one is more of a poker pop that could change... Level II suggests AVX.V has had little attention to date such that there appears to be no large positions overhanging... the story is told best here... Thom Calandra

Over 1 million shares moved in today... .16 or lower would be a good bet.

GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

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SQI.V Update

The gapping bullish engulfing candle, and following red sell off candle has signaled a potential weakness in the supply... that bullish candle couldn't have happened if the selling was still steady teddy... consulting the charts, buy signals are starting to appear... raising the bottom target into the low .60s from .55, although it would be nice to buy in the .55 to .60 cent range with some 12,26,9 MACD divergence taking shape... Nothing solid yet as of this post.... Fridays and Mondays are good days to watch for a bounce moving in... surely the stock could continue to drop, but the silver market is hot... the price is way off the high... risk is much lower to set up a stop loss if the bounce off the 200 day average fails. Ideally the bollinger band should narrow. The price candles should narrow, and start tracking to the right, losing the downward angle... in a perfect world... it could take up to a week or more but that bullish hollow candle implys impatience. We watch the open closely for clues of selling weakness and/or buying strength.


GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

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Friday and Monday

Typically these days are the best days for looking for entry points... the weekend scares and Monday is unknown so it takes a bit to warm up, in the course of which volume takes a direction. Just a rule of thumb providing a news release is not involved.

GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

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Grandich

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TKO.TO

Somebody pushed the wrong mouse button, what a stop loss run... from a high of $7.27 to a low of 4.58.. all in 5 minutes... that should shake em up.... either that is a mistake made by a trader or someone pulled the plug. Makes a guy quivery in the knees, and want to got to cash. It will take a few days, and a NR to put the hat on this one.


GLTA Lostoutwest

Kenuck SmallCap Trader

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Grandich

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Funny thing is

For most charters who have miserable luck, they chart anything, then give up in frustration because the charts are not Voodoo.

They see bottoms that are not there, and tops that defy gravity, in either case suffering serious loss or cutting profit potential to the mminimal.

Guys like us that can see what is happening, often mistakenly think everyone has the same drive, because it seems so simple to us. This is not true.

Knowing that, helps to make the right move a matter of fact. Sentiment and low supply - manipulation = up


GLTA Lostoutwest

Kenuck SmallCap Trader

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

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A point of interest

There comes a time in a stocks up trend where the ducks all line up for a continuation.

The sunny day can be describe as middling.

It is equal to a supply of the issue (stock.)

Even on a bad day, there is more bulls than bears, simply because shorting, and bears come from the professionals; don't believe me... (try googling for any websites devoted to shorting). Being bearish is unnatural for most people. Post financing where the muddle of professional positioning thins out, leaves a period where the natural balance can be allowed to be motivated without interference.

Add in a hot commodity - go with some solid fundamentals - play in a broad market up trend and monkeys can throw darts and be profitable.


GLTA Lostoutwest

Kenuck SmallCap Trader

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

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Grandich

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SQI.V update

I saw the first sign of weakness selling in the form of a solid looking hollow candle which gave birth yesterday in the form of a Dragonfly Dogi type candle.

It gapped this morning and we have a nice hollow bullish candle... I am holding off for a bit as the indicators that should support the move are quite listless and not responding. I hope they will perk, and the price will drop back under .70 to the low .60s, maybe under. This is Wednesday, which consistently is a bullish day despite the heavy distribution, with many issues making some up move.

GLTA Lostoutwest

Kenuck SmallCap Trader

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

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Grandich

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Buy - DML.TO

Buy $1.86 look to StockCharts Public Chart List  for recent commentary

GLTA Lostoutwest

Kenuck SmallCap Trader

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Grandich

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Buy - STM.V

Having been watched for many weeks, this issue is gaining strength, another Grandich pick from months back, is finally showing some movement off the initial pop.

Took a small position @ .74, but would have liked to make the same buy in the high .60s so, saved a bit for a backfill... Look to the public list for commentary
StockCharts Public Chart List

GLTA Lostoutwest

Kenuck SmallCap Trader

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

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Grandich

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AME.V

She's a done deal...  http://www.marketwire.com/  --- http://www.marketwire.com/press-release/Abacus-Closes-Definitive-Joint-Venture-Agreement-With-KGHM-JV-Company-Incorporated-With-TSX-VENTURE-AME-1333600.htm  an NPV (Net Present Value) = $1.62 per share trading at .28 cents, there should be some value upside over time, Of course there is confusion, but I think the upside will shine over the downside, It is not logical to think the AME is worth less... however one should realize I'm in a position of profit, and can control my risk to a misconceived sentiment reaction. Sell on news has it's followers, so unless we start some good volume on .28 for the next couple of days... a low bid will eliminate the risk. Say about .20 cents on a stink bid.

GLTA Lostoutwest

Kenuck SmallCap Trader

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ARQ.V

Grandich has posted a quick NR on ARQ, which has recently just stipulated a target of 2.46. Generally targets don't mean much, in like it will be such tomorrow... however, on Tuesday it will be interesting to see if the Price Target Report brings out the sellers. I have posted a new chart in the Public chart list, and at first glance I saw a consolidation to the $1.00 or $1.10 area, but as I don't predict, for the moment, it needs to be watched on Level II with real time charting. Keep an eye on it.... some very strong existing fundamentals.

As with most small caps, it took a hit in the go away in May cycle  StockCharts Public Chart List.


GLTA Lostoutwest

Kenuck SmallCap Trader

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SWING VG.TO - LEX.V

Both are extremely over bought, with a swing to cash until the dust clears.

GLTA Lostoutwest

Kenuck SmallCap Trader

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SELL - ADV.V

Is looking weak, such that it is showing potential to move back to support, or at least lower than our buy in at $1.53. there are better charts showing weakness short term. I'm out for the moment. My main concern is the MACD 48.72,24 is meeting with resistance at the trigger line. I like the stock, still considering a re-entry, a high possibility.

GLTA Lostoutwest

Kenuck SmallCap Trader

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Grandich

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DML.TO Update

DML.TO is in an up trend, any weakness to 1.50 - 1.70... indicators suggest will be accumulated... the short trading week may provide some opportunity to buy StockCharts Public Chart List.


GLTA Lostoutwest

Kenuck SmallCap Trader

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

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Grandich

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SQI.V Dip Pick Update

SQI.V is not showing any 12, 26, 9 MACD positive divergence, and as we are dip picking, not bottom picking, SQI.V at this time is being represented by one chart only in the StockCharts Public Chart List ,we would like to see some divergence before relying on the supporting indicators, that at this time are positioned as bottoming or oversold. this is a momentum price drop, and the now .55 cent price target is in danger. We make no prediction, but wait for the 12,26,9  MACD divergence.

MACD price divergence with a price still dropping is a condition of trading that allows for one of the best type of entry conditions for catching the bounce on the cusp. Low risk, high profit potential.


GLTA Lostoutwest

Kenuck SmallCap Trader

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

National Post

Grandich

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Buy - AME.V

In spite of facing a long Thanksgiving weekend, I have traded into AME.V - Oct 08, 2010 @ .23cents and @ .235cents on strong looking Level II action, strong volume moving in...  with good looking chart indications for more price appreciation.

This is a Grandich pick, that has just recently announced a JV of which there seems to be some controversy over the value of the move... personally I don't see the problem, as the charts, and Levell II at this point suggest the few posters on  Stock House  are in contradiction to what the market is moving in on.

It Has been my experience that JV's can move a stock %100 over time. As this is early in the move, I feel the risk is low, with an up move likely to move to a new height, and hold at least 40% of the move on a consolidation in the short term.

Follow the link to the   StockCharts Public Chart List  and you will find two charts dedicated to AME.V

GLTA Lostoutwest

Kenuck SmallCap Trader

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

National Post

Grandich

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Moving the "Watch Current Trade"

Moving the "Watch Current Trade" page on the Main site to this board as a collective post.

ADV.V - (Google ADV.V)
Search for more Current Watch Trade posts (Use the post labels search)

Commentary: Sept 28, 2010 - Took a small position at 1.53 and am prepared to add under 1.53... it would be nice to buy in under 1.45... level II shows sellers willing to move at 1.50 to 1.53, but over 1.55 there is little for sale untill 1.70 so any rise should comprise of traders.


VG.TO - (Google VG.TO)
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Commentary: This trade was early last week (Sept 21, 2010) with an average in of .46 cents. It should not move below .43 cents



SQI.V - (Google SQI.V)

Ssearch for more Current Watch Trade posts (Use the post labels search)

Commentary: Sept 28, 2010 - This trade is pending as a bottom pick/dip pick... Indicators suggest a price in the low .60s is were we would like to be.


GLTA Lostoutwest

Kenuck SmallCap Trader

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

National Post

Grandich

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CBCnews

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