Uranium has been on a tear... and should continue a rolling broad market move at least for the next couple of months.. (ranging upish)... although this is speculation... also watch the sector for signs of correction... which I doubt will react with too much sympathy even in the face of a general broad market decline should we get one sooner... there is more concern for a uranium consolidation within the broad market... the likely place it will take hold is about the month of May in the regular Go Away in May Cycle when if we get that far, where there should be a lot of overbought issues... there have been times when go away in May has been weak, but only if the broad market heading there was not particularly overbought as it is now.
We will almost certainly have a broad market correction for that reason... (JMOP) tight stops (mental) and risk management are advised.
URC.V has left a bad taste in the mouths of many at the hands of Cannacord dumping shares in very unprofessional and unethical way (IMOP) a few months back, and as such they destroyed a following that took many months to develop momentum... which says a lot about concern for retail investors, and a definite lack of insight to the value therein, or an overwhelming concern to sacrifice for their own greed.
Trust in management was also destroyed in this traders eyes due to conversations on the phone where there was a total absence of concern to the plight of share holders caught in the flurry... A don't worry it will all work out... take your lumps it... will be fine type of attitude just didn't cut it with me. There is value in that following, and a person who fails to recognize it is lacking in some important management skills if that's business as usual.
However, this is about spotting potential moves so I swallow my disappointment in Cannacord and URC.V management... for those who are not holding... over the next week or so it seems to be a breakout... or one more time into the breach... and a load up in the .28 cent to 31 cent area for a position.. I personally would aim for .285 or .29... but would like to see .26ish as an entry.... which if the wiggle the chart (breakout?)... is doing is accurate........... may be wishful thinking......
Don't chase... Check out the "URC.V Special Focus Study in the right hand side bar.
Over the last while I have been charting and monitoring.URC.V on a daily basis, and as such it has weathered well the volatility we have seen in the broad market... and on the flip side, once Cannacord has finished business as usual... if the motivators are right... a stock can break out of their strangle hold.
I like the low price as it has room to move, and if my speculation on the reasons for it being this way as a result of the Cannacord heavy hand and insensitive management.. at this point those poor qualities will be moot... and a double edged edged sword with no conscience may take an upswing...
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
Saturday, February 5, 2011
Update MDL.V
A News Release that suggested detailed channel samples were returned with no appreciable results may have been the cause of a large dump of shares in the lower .40 cent area... The real cause may forever be a mystery... As chartists we are concerned with the markets reaction to news...
The resulting chart candle was the first down candle positioning to the right, and down of the lower bollinger... this is not a lower bollinger touch.... this is a setup for a lower bollinger skid... however the candle did pierce the lower bollinger... still, because the bollinger was expanding (Look close) as this occurred... it is not the same as ranging lower bollinger piercing where the volatility is low as a pullback in a rising or ranging trend. Lower bollinger touches often don't actually touch the lower bollinger, and if they peirce the lower bollinger...they often close up back up over the lower bollinger immediately.
This lower bollinger piercing closed below the bollinger (Ominous) may bounce as lower bollinger piercings have a tendency to do 98% of the time... however the bounce should be short lived if it does occur... Lower bollinger skids can produce multiple piercings over the course of a few days... this is not an area to play unless you are very nimble... better to wait until the volatility clears than claim fame to catching a falling knife pattern.
The OTCQX listing in itself may lure a few buyers in... but for the most part... the value we have experienced in any new listing is buried in the over time response from new blood finding it... rather than any small bumps from those playing the release.
This development does not change the reasons for following Medallion... as at the same time we had more Micky Fulp speak on it... and the new listing will provide 10 times exposure... maybe from a lower starting point.. we are looking much closer and frequent for the short term to see if there is a solid bounce in this... stay tuned.
Check out the MDL.V "Special Focus Study" link in the right hand sidebar.
News Release
Bullboard
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
The resulting chart candle was the first down candle positioning to the right, and down of the lower bollinger... this is not a lower bollinger touch.... this is a setup for a lower bollinger skid... however the candle did pierce the lower bollinger... still, because the bollinger was expanding (Look close) as this occurred... it is not the same as ranging lower bollinger piercing where the volatility is low as a pullback in a rising or ranging trend. Lower bollinger touches often don't actually touch the lower bollinger, and if they peirce the lower bollinger...they often close up back up over the lower bollinger immediately.
This lower bollinger piercing closed below the bollinger (Ominous) may bounce as lower bollinger piercings have a tendency to do 98% of the time... however the bounce should be short lived if it does occur... Lower bollinger skids can produce multiple piercings over the course of a few days... this is not an area to play unless you are very nimble... better to wait until the volatility clears than claim fame to catching a falling knife pattern.
The OTCQX listing in itself may lure a few buyers in... but for the most part... the value we have experienced in any new listing is buried in the over time response from new blood finding it... rather than any small bumps from those playing the release.
This development does not change the reasons for following Medallion... as at the same time we had more Micky Fulp speak on it... and the new listing will provide 10 times exposure... maybe from a lower starting point.. we are looking much closer and frequent for the short term to see if there is a solid bounce in this... stay tuned.
Check out the MDL.V "Special Focus Study" link in the right hand sidebar.
News Release
Bullboard
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
Friday, February 4, 2011
Ban.to
Entango update
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
Thursday, February 3, 2011
Update BAN.TO
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
As of today's close..............
Some solid looking support moving in as opposed to the asks which appear as of this post to be traders who have a different perspective to the outcome of this... they can be heavy, but it seems they are thinning out... this is technically an area of resistance when studied on a chart. On Level II which is contrary... If looks are accurate they be watching the bus leave....
Level II is suggesting we are shuffling up... if we were to drop on huge volume under .80 cents I would get shaky... so between .80 and .86 cents is a decent place to control risk... the chart link below is an accumulation trend spotter study... check out the volume... it has been in a downtrend, but is attempting to beak into a new trend up... the volume has been decent and absorbed the back fill...
Bannerman Resources
This is not a chart for taking position but, is an assessment of the type of position potential strategy one may consider... I have been talking Banner since .50 cents and think it is in position to make a move to 1.20 at least and potentially higher over time...
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
Wednesday, February 2, 2011
The Venture and TSE
Overall both exchanges have had several ticks in the last few weeks... supporting indicators are oversold, but being oversold is only a measure of where things are... not where they are going...
This week has seen a reasonably solid bounce, and if it continues into next week we should see some relief... It's a typical Wednesday... better than most recently.
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
This week has seen a reasonably solid bounce, and if it continues into next week we should see some relief... It's a typical Wednesday... better than most recently.
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
Tuesday, February 1, 2011
Update BAN.TO
It's not a question if .... but rather when... the way is clear to make it over a dollar... it may happen on gaps and one thing I have noticed on multiple gaps is that they don't necessarily need to be filled as the indication is that supply is low... and if it gaps high enough on gaps... then it won't fill till the trend is down... the reason is there is not enough volume to take the price back to first gap ... and nobody will jump the gaps to get there.
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
Monday, January 31, 2011
Micky Fulp
Yukon White Gold
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
GLTA Lostoutwest
If you see the hand mousing over screen shots... click on screen shots to enlarge them.
After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE
Please read our Complete Disclosure
Subscribe to:
Posts (Atom)