Posted On: 01/05/2014 12:22:20 AM
Post# of 2561
LPJC Daily Chart ~ Huge Volume Alert
As I mentioned on Thursday, I began accumulating LJPC after an alert by $heff. You can see the huge volume of the last three days which began immediately after the stock was alerted. Another nice chart pattern, rising support line, horizontal resistance lines, and the FullSto and MACDs in great shape. The stock has been trying to get above the MA50 and failed with the last four attempts. Monday will probably see that happen. You can see the horizontal resistance point above. A move from the .16s to .24 would be a 50% move, so let's target that for now. I'm only holding 50k so far, but hope to increase that position this coming week. In rereading my previous post on LJPC, I noticed an error in my numbers. I did buy stock at .16 but also stated I added at .165. Actually, though I entered the second 25k at .165, it was executed at .1635. GLTA
As I mentioned on Thursday, I began accumulating LJPC after an alert by $heff. You can see the huge volume of the last three days which began immediately after the stock was alerted. Another nice chart pattern, rising support line, horizontal resistance lines, and the FullSto and MACDs in great shape. The stock has been trying to get above the MA50 and failed with the last four attempts. Monday will probably see that happen. You can see the horizontal resistance point above. A move from the .16s to .24 would be a 50% move, so let's target that for now. I'm only holding 50k so far, but hope to increase that position this coming week. In rereading my previous post on LJPC, I noticed an error in my numbers. I did buy stock at .16 but also stated I added at .165. Actually, though I entered the second 25k at .165, it was executed at .1635. GLTA
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