PLYCF
PLYCF making golden cross 20x50 today, and 20x200 tomorrow.
Then we'll have 50x200 and a furious run.
Don't get spooked by a -14% shake when the RSI was so hot ! ... the 50% rule worked perfectly, and I expect a fast consolidation of the 0,05 resistance, approaching and squeezing onto it from underneath.
Is it worth flipping for a possible 10-20% gain, and the risk of missing a multibagger from here ? I am not flipping any shares until we get into the 0,10-0,20 zone !!!
Get out, and you'll get ill, trying to get in on low volume and MM's tricks.
This is only the first leg, as the PPS has never retraced since it broke all the SMA's.
We badly needed a pullback to SMA200, and relax the RSI a little, before the next leg.
I'm riding this stock based on the chart, the 50% rule, and the intraday chart. Not trading as of yet, because the shakes are only about 10-20% and is not worth it, risking to get out of the picture.
I'll patiently wait 2 or 3 days till the next leg. This is only starting. and we shall see 2 to 4 more "legs", during the weeks to come. I'm thinking of more than "all times highs", with USA contracts, the continuation of today's news, and perhaps a Huge NOBO run, breaking the 0,05 shaving heads' consolidation, that I'm expecting.
Next resistance is 0,125 $; but may be elasticly pushed to 0,2 $ with the right news.
http://quotes.freerealtime.com/dl/frt/...mp;IM=quotes&type=Cha....
once the PPS broke above SMA200 and 0,035 short/mid-term pivot resistance, with RSI above 70, it needed a breeth to consolidate the 0,0500 resistance before the next leg.
http://img95.imageshack.us/img95/8335/plycf27oct2006diario3mesm6.gif
http://img120.imageshack.us/img120/9461/plycf27oct2006semanalfrap4.png
http://img120.imageshack.us/img120/9476/plycf27oct20062aossemanmy2.png
PLYCF making golden cross 20x50 today, and 20x200 tomorrow.
Then we'll have 50x200 and a furious run.
Don't get spooked by a -14% shake when the RSI was so hot ! ... the 50% rule worked perfectly, and I expect a fast consolidation of the 0,05 resistance, approaching and squeezing onto it from underneath.
Is it worth flipping for a possible 10-20% gain, and the risk of missing a multibagger from here ? I am not flipping any shares until we get into the 0,10-0,20 zone !!!
Get out, and you'll get ill, trying to get in on low volume and MM's tricks.
This is only the first leg, as the PPS has never retraced since it broke all the SMA's.
We badly needed a pullback to SMA200, and relax the RSI a little, before the next leg.
I'm riding this stock based on the chart, the 50% rule, and the intraday chart. Not trading as of yet, because the shakes are only about 10-20% and is not worth it, risking to get out of the picture.
I'll patiently wait 2 or 3 days till the next leg. This is only starting. and we shall see 2 to 4 more "legs", during the weeks to come. I'm thinking of more than "all times highs", with USA contracts, the continuation of today's news, and perhaps a Huge NOBO run, breaking the 0,05 shaving heads' consolidation, that I'm expecting.
Next resistance is 0,125 $; but may be elasticly pushed to 0,2 $ with the right news.
http://quotes.freerealtime.com/dl/frt/...mp;IM=quotes&type=Cha....
once the PPS broke above SMA200 and 0,035 short/mid-term pivot resistance, with RSI above 70, it needed a breeth to consolidate the 0,0500 resistance before the next leg.
http://img95.imageshack.us/img95/8335/plycf27oct2006diario3mesm6.gif
http://img120.imageshack.us/img120/9461/plycf27oct2006semanalfrap4.png
http://img120.imageshack.us/img120/9476/plycf27oct20062aossemanmy2.png