Post by
Thundersole on Jul 29, 2013 9:46am
Bottoming?
SND went back to test the 1.63 low; held, maybe we are bottoming.
Maybe since we didn't have a higher low, maybe we will test it again, would like to see a higher low, bounce off of 1.65 would be encouraging.......
Comment by
Thundersole on Aug 01, 2013 9:56am
Low yesterday was 1.65, trading at 1.73 this morning, would be nice to see it take a little run up.......
Comment by
carinthian on Aug 01, 2013 1:28pm
Seems like we are taking a breath today... Maybe this is the region where SND finds a bottom. Keeping my fingers crossed. :-) carinthian
Comment by
Thundersole on Aug 01, 2013 4:22pm
Well we closed down, happy to see we didn't trade at 1.63, small consolation. I guess nothing is happening until the quarterly report. Comments at that time may be all we have, it all seems so virtual.
Comment by
carinthian on Aug 02, 2013 11:17am
And here is 1,63... But I assume as long as we close above 1,63 we are fine? i really hope the confcall of the quarterly does give some hints what to expect... carinthian
Comment by
carinthian on Aug 02, 2013 3:11pm
right p&f is each trade tracked or so? I usually use the candlestick charts in combination with volume but this is just a rule of thumb as I am not into charts... Currently I have not a real opinion about this. 1,60 seems to be kind of support but I would not trust myself with that. :-)
Comment by
Thundersole on Aug 02, 2013 3:50pm
P&F are great for seeing trends and reversals of trends. Individual trades are not tracked. Volumes are the next biggest factor in my opinion and work well when overlayed on a P&F chart. What do we have wait for the quarterly report, is it about a week?
Comment by
carinthian on Aug 03, 2013 2:32am
Ok, as I said I am not really into charts. :-) I don't know when the quarterly is due but as the reports for the 4th quarter werent out by the end of the first quarter Ivam not sure... The faster the better so people get some information!