EXT - Excite Technology Services
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Sean K
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Good luck junmonkey. Not sure what sort of experience you have in short term trading these pennie stocks, but it would pay to have a definate plan for this. Have a price you must sell at, for a loss, and a plan for what you are going to do if the stock goes up 10-30%. Do you sell? Or, just keep chasing profits? The drama most people have with these things is chasing after the golden goose, only to be left with a lead turkey.junmonkey said:
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Hi guys,
I have been watching this stock too and did notice the nice little pennant forming there. One thing though, doesnt it look almost the same as the one formed previously in July when it hit 0.11c? The volume then and now also seems to be pretty much on the same track. Have at a look the chart again provided by Kennas. Am I seeing the wrong thing here?
Happy trading!
I have been watching this stock too and did notice the nice little pennant forming there. One thing though, doesnt it look almost the same as the one formed previously in July when it hit 0.11c? The volume then and now also seems to be pretty much on the same track. Have at a look the chart again provided by Kennas. Am I seeing the wrong thing here?
Happy trading!
Sean K
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You are right. That's why I have a stop point, because it could head down the same trajectory. If the pennant breaks down, as it did in July, I'm out. Must have an escape plan.saichuen said:
Just a note on pennants, they are much more valuable when the pennant forms in an up trend. At this point, EXT is still going generally medium term down. However, I am taking a calculated risk that the general U sentiment will turn it around. It has great tenaments, just needs some momentum.
I have beer money on this, please DYOR.
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kennas said:
Kennas,
Thanks for the input and confirmation here. I can see your point of view and did sense the precaution that you were indicating in your earlier postings. Yes an escape plan will be a good idea and a tight one indeed I would imagine.
I will continue to monitor this stock for now. I have to agree that it is potentially sitting on very good prospects.
Happy trading.
Sean K
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Been having a closer look at EXTs sp over the last few days to see some critical junctures that may determine it's short term moves.
Must stress, this is all very short term stuff. Long term the company has great potential, if you're happy to put it in the bottom draw.
In summary, a push through and hold above $0.095 now would be positive, while a break below $0.09 ordinary, and $0.085 a problem.
Must stress, this is all very short term stuff. Long term the company has great potential, if you're happy to put it in the bottom draw.
In summary, a push through and hold above $0.095 now would be positive, while a break below $0.09 ordinary, and $0.085 a problem.
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Sean K
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Sorry Jemma, I'm out at $0.089, not going the way I want. Too worried about slippery market forces atm to hold and wait.
kennas said:
I don't usually trade in penny stocks. Looking more towards holding for at least 12 months (unless the price goes up by a ridiculous amount of course). Been reading up a bit on the company and several of the posts located on this forum. Seems like this company has a long term potential.
Because of that, I don't have to deal with the daily/weekly dramas of price movements, which is definitely a good thing for my heart. Most of the time, I spend only 10-15% of my time looking at charts. your advice is definitely appreciated though.
Sean K
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jemma said:
Unfortunately, I'm one of the weakies at the moment. I'm trying to be defensive, but I just keep buying things!!!! I'm an investomaniac.
Sean K
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jemma said:
Or you extract the dirt....
Jemma, when was Peter Mc going to be back in town? You believed there would be a statement from that didn't you?
bigdog
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The sophiscated investors parted with $2.4 million (additional 37 million shares @ 0.065).
-- I imagine that they were presented with VG information to entice them to part with their money.
I am hopeful that the next ANN will be VG; remember that the AGM is next Wednesday and imagine ASX ANN today or tomorrow to precede the AGM.
I am LT holder in at 0.027 (Aug 2005) and topped up in 2006
-- I imagine that they were presented with VG information to entice them to part with their money.
I am hopeful that the next ANN will be VG; remember that the AGM is next Wednesday and imagine ASX ANN today or tomorrow to precede the AGM.
I am LT holder in at 0.027 (Aug 2005) and topped up in 2006
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Could it really be on the way up????
I hold...and have been waiting......
I hold...and have been waiting......
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Uranium price is going higher almost every week.
some day or another market will appreciate that, all analysts predict a good move for U producers before XMAS.
good luck to all......I have small holding here now from long time ago & they're about to smell in my drawer ..... we need some action soon
cheers,
some day or another market will appreciate that, all analysts predict a good move for U producers before XMAS.
good luck to all......I have small holding here now from long time ago & they're about to smell in my drawer ..... we need some action soon
cheers,
