Comments on: A Better Chart Of This PERFECT Breakout [PICTURE]

By: Anonymous

Anonymous — Mon, 11 Jan 2010 21:18:00 +0000

call was plain bad, but i NEVEr stick around for the news…the runup before the news was predictable…also did u see they issued shares based on friday’s close…i think i just piggybacked a company determined to squeeze their stock in order not to dilute themselves so bad LOL

By: alex

alex — Mon, 11 Jan 2010 20:58:00 +0000

Nice conference call “catalyst”. Like i said, LUNA is a POS. LOL! Good thing you sold cause your analysis was wrong.

By: Anonymous

Anonymous — Sun, 10 Jan 2010 21:58:00 +0000

see my pennystocking part deux dvd…the more timeframes its breaks the better, the more trders watching various time period get alets and become buyers

By: Anonymous

Anonymous — Sun, 10 Jan 2010 20:10:00 +0000

VRMLQ was a good short when the momentum faded, but early short selling helped spike it more…some were shorting the first up day in LUNA now theyre getting squeezed

By: alex

alex — Sun, 10 Jan 2010 19:42:00 +0000

VRMLQ was a one in a thousand stock performance-wise. Pretty slim chances that LUNA does the same in 2010 that VRMLQ did in 09. Besides, there were some good opportunities to make $ shorting VRMLQ when it was short term overbought. Same will be the case for LUNA.

By: Anonymous

Anonymous — Sun, 10 Jan 2010 19:09:00 +0000

alex, forget about making $, some of the biggest medical companies in the world dont make any $…its about technology/drug potential…LUNA was priced for dead, now this contract, mondays conference call, bankruptcy hearing and nasdaq hearing all this week, it might actually get a real valuation…remember VRMLQ was the top performer of 2009, emergining from bankruptcy with a big potential product…i’ll be out of LUNA monday because its already exceeded my target, but thats just to lock it in, its not a potential short as the momentum is strong and afterhours buying was heavy

By: alex

alex — Sun, 10 Jan 2010 18:47:00 +0000

Nice trade but i think all the news is priced in for now. We’re still talking about a company that has never been able to turn a profit. The contract will probably be no more lucrative than it was before, they’re just lucky to get it renewed. I wouldn’t short it quite yet but with another big up day it would have good short potential.

By: FeedTheBull

FeedTheBull — Sun, 10 Jan 2010 17:41:00 +0000

Is there a time frame that you look at more than another while scanning for a breakout? Everyone always says, watch multiple timeframes, and in this case it was at their previous 52wk high, but what about the 2 year chart, when does that come into play (or does it)? Is a 6 month or a year a better indicator of short term breakouts or does it depend on where the price is compared to the last resistance?