Actinium reached its lowest price in at least five years (maybe lowest ever!) a few months ago and has been moving up since June. The price action over the last week looks like a pennant so maybe there's an opportunity here to make something on another small rise... however note the recent divergence between the price and the RSI peaks, a signal that is generally regarded as bearish. At MarketWatch.com the "analyst opinion" tab reports that the 5 professionals covering ATNM recommend a Buy with a price target over $4, which sounds incredibly optimistic. Zack's site also rates it a Buy but gives a value/growth/momentum averaged grade of D, not very impressive. Chartmill gives it 8/10 for technical rating and says a good entry point is just above the resistance area at 79¢ to 80¢. Well, all things considered, if it goes above 80¢ I'll place a bet.
You know that with this stock-picking malarkey you've got to be alert, and a bit lucky... Jan 16th I bought ARWR at 5.93, all was going fine but I got stopped out when it fell back on March 23rd to 6.83; I made a small profit so I guess I can't whine about it too much, but today I see it's at 16.40. Ouch. On April 9th I bought BLFS at 7.65 but the following day I got stopped out at 7.19. Today it's at 19.17. I took my eye off the ball, again!
You know that with this stock-picking malarkey you've got to be alert, and a bit lucky... Jan 16th I bought ARWR at 5.93, all was going fine but I got stopped out when it fell back on March 23rd to 6.83; I made a small profit so I guess I can't whine about it too much, but today I see it's at 16.40. Ouch. On April 9th I bought BLFS at 7.65 but the following day I got stopped out at 7.19. Today it's at 19.17. I took my eye off the ball, again!