| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User Joined: 12/2/2004 Posts: 1,775
|
Apsll and I discussing pros and cons of playing IPOs recently and stated that I like for them to trade about a year or half dozen or so to get a feel for a pattern and how it trades. And CVVT has matured just fine imo as its chart has settled down with less helter skelter on daily ranges, etc. Today CVVT is challenging to take out its sidways one month coil on good volume. New all time highs coming off a consolidation period always a great technical imo, i.e. zero overhead. BOP, MS, OBV, and total volume doing very fine past couple months.
|
|
 Registered User Joined: 7/1/2008 Posts: 889
|
i was looking at CVVT today also. It looks interesting...chart looks pretty ideal
|
|
 Registered User Joined: 7/1/2008 Posts: 889
|
RINO looks like it may be ready to challenge its highs again.
SPU, PXLW also look interesting
|
|
Registered User Joined: 12/2/2004 Posts: 1,775
|
I agree that CVVT looks pretty ideal, but plenty of the ideal looking charts have their fair share of failures, we'll see. Friday's close on high volume taking out all time high gave a very strong buy signal. This type breakout is so obvious I'm sure to many eyes who saw it Friday that it should work fast and not dilly daddle around.
I agree with you on RINO, love the way price double bottomed right at the 200-day ema and held.
SPU, 20-day sma seems to be acting as strong shor term support; been tested four times past couple weeks. Recently in other posts on IPOs I state that 6 mos. about the shortest term IPO I'd consider....SPU a tad under that but I truly like it's chart now, will place on watchlist, thanks.
PXLW, like it too, if it can clear 4.85 lots of clear air above....overhead above yes, but it's all several years old now.
|
|
Registered User Joined: 12/2/2004 Posts: 1,775
|
QUOTE (fpetry) CVVT breakout is so obvious I'm sure to many eyes who saw it Friday that it should work fast and not dilly daddle around.
Didn't mean to come across as so sure breakout would have momentum, meant to imply that if it was going to gain from here at all that it should happen with fast follow through or else it might quickly evolve into a fakeout.
|
|
 Registered User Joined: 7/1/2008 Posts: 889
|
too bad I wasn't in PXLW...nice move today. RINO looks hot though!
|
|
Registered User Joined: 12/2/2004 Posts: 1,775
|
QUOTE (ben2k9) too bad I wasn't in PXLW...nice move today. RINO looks hot though!
Good call on RINO Ben. BTW, we're in pretty good company, Harry Boxer this morning mentioned both PXLW and RINO in the free section on his site.
|
|
 Registered User Joined: 7/1/2008 Posts: 889
|
CVVT had a big day today!
|
|
|
Guest-1 |