mazdaki

mazdaki

chart as a follow to previous post

mazdaki

Slight divergence , beaten down stock at key level that is should fine support even from bears. At 3.5 x sales HP must be looking at this company. Potential first target $27/ share and buy out at at least $35/ share.

mazdaki

The resistance lines should be fairly strong here I think this run up is in anticipation of the quarterly sales number. Volitiliy will increase here but I don't have a position here at this time. if I did I will try to short ir and the stop will be be just over the red arc. and if it closes above the all time high it might move even higher. my gut feeling is that...

mazdaki

would need a double bottom before I buy into this potential turn around. I think Euro will baseline here for sometime to come. There is no way EURO is worth 1.6 US Dollar in the next decade.

mazdaki

Is it going to be bounce off of the $19.50 or $8.50? insight appreciated

mazdaki

Right now sitting on the 20 week EMA. Expecting the smile formation to completion.

mazdaki

TWTR does not seem to be able to generate a bullish run, For now the bears are in control

mazdaki

currently bearish - still waiting on the sidelines looking to come back at a better price point

mazdaki

unloaded 30% at 5.40 ato lock in some profits and will wait to see how it break out of the the wedge.. there might be opportunities to add on on pull backs.

mazdaki

good time to enter

mazdaki

CERS lining up for the long term and with Dr. B on Board a long term purchase agreement with ARC is inevitable.

mazdaki

Flushing weak hands - Still poise to move up to new monthly high.

mazdaki

but expect it to have support here at the 0.236 retrace level.

mazdaki

I plan to stick to my previous analysis and stay out until the dust settles,.

mazdaki

I think this will drop before the take off.

mazdaki

Momentum running out.

mazdaki

with blow out numbers and excellent X Model intro... continuing on the upswing designated with the purple lines. with lot of volatility and averaging growth of $130/share/year (50% growth in a year) or about $12/month (~4-5% per month). I Probably should have done a split layout for the Bull and Bear scenarios.

mazdaki

If the sales numbers do not come true. or not spectacular there could be a significant sell off. I have closed long position and have a wait and see approach. If we are consolidating we will stay in the within the top two Purple trend lines. Keep in mind the momentum is decreasing and all eyse will be on the quarterly numbers expected on Wednesday. If they are...