for those who trade such things......the price is pinching into the apex of a triangle over the last few days....appears a big move up is imminent......
http://chart.bigchar.../...US&rand=203
sybd
Started by
da_cheif
, Jun 07 2007 10:54 AM
2 replies to this topic
#1
da_cheif
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#2
kc135a
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Posted 07 June 2007 - 11:21 AM
for those who trade such things......the price is pinching into the apex of a triangle over the last few days....appears a big move up is imminent......
http://chart.bigchar.../...US&rand=203
Gheesh
How do you trade a 0.13 stock with an average daily volume of 140M?
My rule of thumb is never trade a lot over 1/10 of 1 percent of the average daily volume. That would be 140 shares at 0.13 or $18.20 plus round trip commissions.
Think I will pass on this one unless you have some reason to take it.
KC
#3
da_cheif
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Posted 07 June 2007 - 02:35 PM
for those who trade such things......the price is pinching into the apex of a triangle over the last few days....appears a big move up is imminent......
http://chart.bigchar.../...US&rand=203
Gheesh
How do you trade a 0.13 stock with an average daily volume of 140M?
My rule of thumb is never trade a lot over 1/10 of 1 percent of the average daily volume. That would be 140 shares at 0.13 or $18.20 plus round trip commissions.
Think I will pass on this one unless you have some reason to take it.
looking for 50 c.....more of a position trade......100k is easy to buy...limit order
KC
