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

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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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

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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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

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

National Post

Grandich

StockCharts Public Chart List

CBCnews

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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.

National Post

Grandich

StockCharts Public Chart List

CBCnews

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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.

National Post

Grandich

StockCharts Public Chart List

CBCnews

Please read our Complete Disclosure

If you see the hand... click on screen shots to enlarge them.

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.

National Post

Grandich

StockCharts Public Chart List

CBCnews

Please read our Complete Disclosure

If you see the hand... click on screen shots to enlarge them.