RE:some technicalsnorbu1 wrote: Bollinger bands indicate that the next barrier upwards is 7.62, so we could break through that today. Also, the lower end of the b bands is 7.53, a pretty narrow range, with the channel still heading upwards. With continued media attention and positive news, OSK at the least will stay in this range and with a little push, we will move above 7.62. The Bollinger Bands do not indicate the next barrier upwards. I've set the parameter for 52 weeks and used yesterday as the end point. The money flow index is 61 and this suggests that while momentum is slowing there is still room to move forward/upward as it is not until we hit 80 that a stock is considered over bought. If we keep moving forward/upward until we hit 80, if percentages alone are an indication (and we concede there are many variables at work here), then OSK is only at 3/4 (61/80) of its price potential. So, all of this to say, take 7.60/.75 and that yields OSK's price potential as of yesterday, with all things being equal. however, this changes with the price of gold and exploration/development. I think this easily places OSK's stock to around 10.00/share, which is my "out" price. Of course, if there are new developments like Hammond coming on line this increases the share price. A fellow has to make profit, not get too greedy and move on. If there are any out there who want to know which stock I am placing profits in after the 10.00 price is reached, I will post. We need slydork to provide some more hot air useless rhetoric, it has been moving OSK upwards at a near 45 degree incline. Keep up the bs, slydork.
What stock are you looking at?