Zoho - a documentation tool

I found this little browser extension for google chrome. I'm going to use it for web clippages, url pastes, and general info on various publicly traded biotech/pharma companies. I will be using this along with http://collectivestock.com/software/ for storing due diligence.
This is a screenshot of Collectivestock News Diligence - Due diligence software, created by the owner of Collectivestock.com. Download it and use it.



I should have more of these in the coming weeks. So far I've started on AGEN and a little HNAB.

Trading is 30% research, 30% risk management, and 60% confidence. Below are my small examples of how I will be using Zoho.

Fibonacci reversals

I find that the most useful "fibonacci" level is 50%. It's middle ground; a solid key point for basing entries and exits - this is off both the intraday and daily charts. ZANE reversed at 50% off the daily chart (not quite a reversal but a bounce), ABIO finds support intraday at 50% near 4.13. The initial breakout on SOMX retraced to 50%. 50%, while isn't a true fib, represents the mid point. It's the equilibrium between buyers and sellers.

If you're looking for entry - 50% provides both support and resistance, and is a decent level to decide if you should enter a trade, or exit a trade if it breaks it. This works on all time frames, in my experience.

PALM

A few charts..

Fibs showing possible support area down here

A minimal retracement puts it right back toward the upper base of the gap at 7.21. An easy play here on any further downside, which will require me to adjust the fib lower as it puts in new lows. I prefer to play these on a gap down, but they can turn up on you without warning. we will see.

ZANE - fun with fibonacci

Is ZANE going to 2.35 > 1.97 > 1.60 > 1.06

Or is it going to 4.60s from here?

Below are my charts.

I figured I'd start posting my charts ahead of time, so people can see how powerful this stuff is.

Also, Today is "Pi day" so go watch Darren Aronofsky's "Pi" here: http://video.google.co.uk/videoplay?docid=115089427598248196#

BPMA going to .50?

Yes I know it seems ridiculous, but I've been reading about this company for the last 6 months. Needless to say, the global market collapse has done a lot of damage to OTC stocks. If what I've found on BPMA is true and there is more news ahead, I would expect BPMA to go to .50 minimum.

I'm not gonna say for sure, as it's always wise to take profits. .88 is the next level

See you chasers there!

Benda Pharmaceutical Inc

Gendicine

Sibiono

All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis. - Jesse Livermore