Sunday, February 28, 2010

*ADVENTRX Pharma Receives Refuse To File Letter From FDA On ANX-530 New Drug Application

This is bad short term news for ANX. I've been waiting for this moment for a long time now. This is my chart of ANX that I will be using for potential support. The next retracement level is .18 and which is confirmed by the 200dma. Support is also found in there. I will be watching for a bounce from this level






Everybody's a skeptic of Fibonacci

I can give 10 reasons why, but the number 1 reason why is simply because they don't understand how to apply it.



Here is a chart of RAS.
Notice that the first retracement was breeched, then bounced off the 2nd retracement of 1.94ish. .02c off. I sold RAS at 1.88, before it hit the target of 1.94 (better safe than sorry). Notice that it bounced at 1.92. So how do you play RAS at this point??
Well do you see the flag building on a daily? If that holds up and it begins to pop over the pole of 1.92 and holds, your next target is 2.23, and depending on if that level is breeched heavily (note how it reacted at 1.53) you can assume it'll move to 2.52. I would sell in the 2.40s if it went there taking half off in the 2.20 area.
You have to play the breakouts on these things. You don't buy a flag, you buy when it takes out the previous high out.

And that ladies and gentlemen, is one technique of many in applying fibonacci.
If you have any questions, feel free to ask.

Thursday, February 25, 2010

Wednesday, February 24, 2010

Penny Stocks to watch

AMFI - possible bottom
FBC - possible bottom
NCS - possible bottom

ASTMD -- just posted Interim Phase II data and starting phase III soon
EBIG
SGCP
CCTR

Tuesday, February 23, 2010

Hot Stocks for Tuesday February 23 2010

EBIG - ipo coming? nice close
PACR - probably keeps going, buy hod breakout, or dip.. I guess.
TSFG - bounce to .57 and die
FNLH - I guess merger rumors. decent close. buy .0045. it is a pos, so take your gains, and don't hold on a descent.

no charts. just tickers. enjoy

Monday, February 22, 2010

Saturday, February 20, 2010

Sunday, February 14, 2010

ADXS buy signal

I was looking through charts and decided to pull up an ADXS weekly...

I say the chart speaks for itself. Some fundamental analysis will be needed, but the chart definitely has my attention now.

I threw some fibs on it to get a few targets. What I've noticed is that if a price bounces off the 61.8 first, a retest and a breakout will move past the 50% and head to 38.2%...
So as of tonight, I am putting a .33c target on ADXS *IF* it can break the high of .21, which would reflect a 95% gain.






Friday, February 12, 2010

Thursday, February 11, 2010

Sunday, February 7, 2010

Monday February 7 2010 Watchlist

Penny pos
VTSI
GETA
OWVI
SNGX

Others:
FAS/FAZ

VTSI


A pos .pk company I'm following. Here's a screenshot for the pattern I'm looking for before I enter the trade

Saturday, February 6, 2010

fibonacci won't tell you when to exit, but where to exit

GETA


I, like many traders, attempt to buy lower, and sell higher. GETA is a fine example of a chart with enough support to be considered for a bounce. Given GETA's pennystock nature, TA is by no means 100% accurate, nor is it on any stock, however, if you follow my strategy of NOT taking a loss, this is an easy, easy play.

So where do you buy?

You would BUY IT DOWN HERE.

This is a pretty obvious play, imo. You can't go wrong.

The strategy:
Take your original typical trade amount, split it into a quarter, and buy anything around .10
Wait for a signal
Signal 1: A move toward .14, a possible break, and then a dip toward .10 support.
Signal 2: A gap down plus a huge volume spike (Preferably at .01, where .01 represents the extreme low point at which speculators enter a trade

Once you get this signal, you buy another quarter of the position. A break of support of .07, a gap down to .01 and a spike to .05, even .03, GETA would easily represent a gain of 300%-500% on the 2nd trade, eliminating the loss from the original .10c trade.

Targets:
If .10 is SUPPORT and holds, .19/.20 is the first target, which has already been tested. TAKE PROFITS HERE. One must assume that the next bearish bounce will be .28 (see the fibonacci retracement). A test of .35 will signal a further breakout down the road. However, you don't care where it will be 5 months from now. You want to take profits at these targets! You can always buy it back, trust me. This thing isn't going to .41 anytime soon

I've laid out a few charts. The hourly chart still shows weakness still and is not a definite signal for upside. Support around .10/.07 should still be maintained on any downside.
The daily chart shows potential targets and where this practically dead stock should bounce
Notice the long consolidation on the daily and the rising RSI, signalling upside.

Easy play here, folks, if you follow my strategy. Any questions?























Genta Incorporated - GETA_OB
GETA.OB
GETA
GNTA

I wonder


I wonder if I list a bunch of symbols, if they'll show up on thelion.com. Lets find out!

ANX
RF
GS
GETA
ACLS
VTSI
HBAN
FITB
Allied Capital
MEDCLEAN TECHS
MCLN




Friday, February 5, 2010

bio ceo conference


Morning
HNAB ATHX IDIX NVAX CYCC INO MRNA

Afternoon
SUPG GETA PBTH ONCY OPXA YMI ARIA ACAD ALKS RPRX

Monday, February 8, 2010 Conrad Duke of Windsor Park South Basildon East Foyer Jade/Astor 1X1 Meetings 4th Floor 3rd Floor 8th Floor
8:30 – 8:55am Myriad Pharmaceuticals Inc. Synta Pharmaceuticals WaferGen Bio-Systems Inc. Antisoma PLC
8:30 –
8:55am
(1)
9:00 – 9:25am
Fast Forward, LLC
Nile Therapeutics Inc.
Children's Tumor Foundation
Array BioPharma Inc. Sangamo BioSciences Inc.
9:00 –
9:25am
(2)
9:30 – 9:55am
Lexicon Pharmaceuticals Inc.
Somaxon Pharmaceuticals Inc.
Immunovaccine Inc.
Idenix Pharmaceuticals Inc.
Actelion Ltd.
9:30 –
9:55am
(3)
10:00 – 10:25am
Addex Pharmaceuticals
Allon Therapeutics Inc.
Hana Biosciences, Inc.
Rigel Pharmaceuticals Inc.
Novavax Inc.
10:00 – 10:25am
(4)
10:30 – 10:55am
NeurogesX Inc.
Amarin Corp.
Cyclacel Pharmaceuticals Inc.
Dyax Corp.
BioCryst Pharmaceuticals Inc. Emerging Infections (Therapeutic) 10:30 – 11:30pm Jade Room
10:30 – 10:55am
(5)
11:00 – 11:25am
SYGNIS Pharma
Silence Therapeutics
Pharmacyclics Inc.
Idera Pharmaceuticals Inc.
Bavarian Nordic A/S
11:00 – 11:25am
(6)
11:30 – 11:55am
RXI Pharmaceuticals Corp.
Bionomics Ltd.
PolyMedix Inc.
Inovio Biomedical Corp.
Momenta Pharmaceuticals Inc.
11:30 – 11:55am
(7)
12:00 – 12:25pm
Box Lunches Available
Grand Ballroom
Sarcoma
(Therapeutic)
12:00 – 1:00pm
Jade Room
M&A
(Business)
12:00 –1:00pm
Astor Salon
12:00 – 12:25pm
(8)
12:30 – 12:55pm
12:30 – 12:55pm
(9)

Monday, February 8, 2010 Conrad Duke of Windsor Park South Basildon East Foyer Jade/Astor 1X1 Meetings 4th Floor 3rd Floor 8th Floor
1:00 – 1:25pm
mdRNA Inc.
Genta Inc.
Interleukin Genetics, Inc.
Athersys Inc. Cytokinetics Inc.
1:00 –
1:25pm
(10)
1:30 – 1:55pm
TBD
GenVec Inc.
Paion AG
SuperGen Inc. Alnylam Pharmaceuticals Inc.
Capital Markets 360
(Business)
1:30 – 2:30pm
Jade Room
1:30 –
1:55pm
(11)
2:00 – 2:25pm
Alexza Pharmaceuticals Inc.
EpiCept Corporation
Titan Pharmaceuticals, Inc.
Repligen Corp.
PDL BioPharma Inc.
2:00 –
2:25pm
(12)
2:30 – 2:55pm
Neuralstem Inc.
Curis Inc.
Repros Therapeutics Inc.
TBD
Allos Therapeutics Inc.
2:30 –
2:55pm
(13)
3:00 – 3:25pm
Prolor Biotech Inc.
Oncolytics Biotech Inc.
Opexa Therapeutics, Inc.
ACADIA Pharmaceuticals Inc.
Alkermes Inc.
RNA Technology
(Therapeutic)
3:00 – 4:00pm
Jade Room
3:00 –
3:25pm
(14)
3:30 – 3:55pm
Cellectis S.A.
YM BioSciences Inc.
BioVex, Inc.
ARIAD Pharmaceuticals, Inc.
Clinical Data Inc.
3:30 –
3:55pm
(15)
4:00 – 4:25pm
Diamyd Medical AB
4SC AG
Soligenix, Inc.
Resverlogix Corp.
Orexigen Therapeutics Inc.
4:00 –
4:25pm
(16)