UnknownUnicorn139115

UnknownUnicorn139115

See you at 1400....it'll be a long slow slide for about a year if I had to guess.

UnknownUnicorn139115

Does anyone else think this thing could turn into a huge rounding bottom situation? You have the typical set up with a volume surge and "bump" at the bottom. Profitable company, decent growth, just not growing as fast as the street wants....? Thoughts?

UnknownUnicorn139115

Heck of a resistance trend line. Ultimately, we need that trend line to be broken and for the golden fib retrace line to hold as well. We shall see.....

UnknownUnicorn139115

Main points described in text on chart.

UnknownUnicorn139115

Fibonacci retracement complete. Chaikin Oscillator confirms.

UnknownUnicorn139115

The price must not close under the 50 week moving average (not shown). Also, the 50 day moving average must not cross under the 200 day moving average (a slight cross doesn't necessarily make the chart bearish unless it comes with large selling volume). Ideally, we will see the price break above the upper trend line on volume to 105, 106, 107 etc. At that point, I...

UnknownUnicorn139115

Tick tock tick tock tick tock.... Seems very March 2000ish... I wouldn't get bent out of shape about a crash or anything yet. But the topping period has begun.

UnknownUnicorn139115

At the risk of sounding like a MINE cultist, I believe this stock will make a fast move toward .02 in the near future. Penny stock = high risk. As far as I know, this company has recently seen all of its toxic debt go away. There is a clear pattern here, with the 50 sma converging with the 200 sma. Looks to have had a healthy consolidation. As soon as this pops...

UnknownUnicorn139115

1. View my previous weekly candle chart, where I accurately called the bottom in crude (yes, I know technically I can't say I was right yet). 2. The supply glut in oil is real and the media negativity is near full consensus. Enough time has passed for trades and various positions to be taken to coincide with this negativity. Taking the contrarian view at this...

UnknownUnicorn139115

Don't bet the farm, because this company's success is still hinged on FDA approval. But, if you can tolerate the risk, there will be a fine entry point in the near future. Clearly, we are short term overbought, which can be seen on the RSI. And you may have noticed the momentum has kind of sputtered out over the past couple days. I suggest waiting to buy at the...

UnknownUnicorn139115

You will see my prediction of a peak at 2138 in late april or may of 2015, followed by a sideways topping period, and then the drop in september or october. But that is not the main point I am making this chart for. Notice how accurately the divergence indicator has marked market bottoms in the s&p 500 monthly chart for many years. Personally, I would look to...

UnknownUnicorn139115

Notification of the final riddance of toxic debt fueled the recent action. A very obvious symmetrical continuation triangle can be seen here...I see this at .02 area within 5 weeks. ...a cool 100% profit, but not without risk obviously. After all, this is a penny stock...

UnknownUnicorn139115

It amazes me how the talking heads flip flop on fundamental causation regarding oil price moves over a 48 hour period...as if the whole economic landscape shifted that much that fast. What we have here is only a bit of technical resistance at the 50 day moving average (this was expected).

UnknownUnicorn139115

Weekly candle chart... Supports are the supporting trend line and the 200 week moving average. The resistance is the 50 day moving average (NOT SHOWN). The convergence of the supports and resistance levels will force a reaction most likely in one direction or the other. I don't like entering here...I'd wait and see how it plays out. Ideally, we will see a break...

UnknownUnicorn139115

Weekly candlestick chart... 200 week moving average stopped the decline dead in it's tracks. Good looking fib retrace... Weekly MACD looking good for the bottom. etc... Profitable company etc....check it out.

UnknownUnicorn139115

Monthly candle chart... MA Cross (9 month, 21 month) is about to make a cross. So unless there is an immediate reversal of the price trend, then we will have a bearish cross. This indicator has been historically extremely accurate when determining further downside. The large ascending wedge pattern (bearish) had a bearish breakdown a while ago. Monthly TSI...

UnknownUnicorn139115

Monthly candle chart... The bearish Moving Average Cross (9 month, 21 month) is by far the most concerning due to the fact that it has so accurately marked the early stages of large downtrends. This stock has an unhealthy love for everything fibonacci....retracements, extensions, you name it... (some shown). What appears to be the 4th month after the monthly...

UnknownUnicorn139115

Weekly candle chart... 1) A clear overall support line is shown 2) The weekly bollinger bands are beginning to squeeze. The support line will likely funnel the price right into a sweet spot for an intense bollinger band squeeze. Read about it here: stockcharts.com 3) The fibonacci retrace shows support at the 76.4% and 61.8% levels. ...The most likely scenario...