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Registered User
Joined: 10/7/2004
Posts: 2,126
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this has such a uniformity of line up of indicators, that you can see it with blind eyes. The problem here shouldn't be making money. On the other hand not making money on this trade should be worrysome. Even the main industry is lining up on the weekly for you longer holders.
good luck
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Registered User
Joined: 4/28/2006
Posts: 5
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SNUS -
(1) What I see is a 28 day decline from the most recent top... currently performing below the midpoint of the Bollinger Bands (2,20)--- the very last candle formation = "incomple dark cloud cover bearish" formation
(2) Price activity is back on the Jan 2006 sideways avenue.
(3) The weekly chart is very much "up"
(4) Truely a long term guy this one.
(5) Those who are "holders" should keep holding...
 Those who want to buy, must allow for the right "moment" to buy... possibly when higher tops and higher bottems present itself again on the daily chart...
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Registered User
Joined: 12/8/2004
Posts: 1,301
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I agree BB. It's short term absolute minimum target is 6.77-7.00 while its typical wave should make it to 7.16-7.48. It does report earnings on may 8th which may be of some concern since the stock has had a nice run up.
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Registered User
Joined: 10/7/2004
Posts: 2,126
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SNUS fly, fly , fly. What a nice play here intraday. Doing greeeaattt today.
check it out.
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Registered User
Joined: 10/7/2004
Posts: 2,126
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This little run may not be over just yet. I like that short term inverted hammer on the 2 down days along eith declining volume.
Stochs still room to pick up, and TSV continues to improve. MS is flying high way ahead of price. If it can clear up that 50 MA it is back in business as usual, which is what I speculate will happen.
This stock is hard to daytrade due to low volume. MM will definetely see you coming in.
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Registered User
Joined: 12/19/2004
Posts: 415
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It looks to me like a support of $5 will be test prior to a move up.
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