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rm
Joined: 05 Apr 2006 Posts: 140
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Posted: Fri Aug 03, 2007 10:06 am Post subject: IMMR |
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This one's in a good position, I'm in at 16.64
The ema's are close together, it's coming out of a good pullback, it opened above the ema's, it gapped up, no serious resistance until the 20 dollar range, the earnings report yesterday was on the up side.
The only negative I don't care for is that volume is easing down as the price is easing up.
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Harry
Joined: 11 Jun 2005 Posts: 128 Location: midwest
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Posted: Fri Aug 03, 2007 10:48 am Post subject: IMMR |
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rm, you are right. It does look good. I like it. I will be following it. The thing that concerns me is the price increasing with lower volume. I think I will wait and try to pick up some around the t-line. (16.23) With lower than average volume when the sellers come back they can take it down because of not enough buyers. I have had this happen to me all summer. I have been trying to pick up some hmx this morning but it has lower volume also. I have found very few stocks this summer that has enough buyers to get a meanful trend going. The shorts are hitting them all. I think that is where the money is being made. Guess what I am not a short seller. I hope this fall the buyers will come back with enough strength to kill all the short sellers.  |
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Harry
Joined: 11 Jun 2005 Posts: 128 Location: midwest
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Posted: Fri Aug 03, 2007 3:10 pm Post subject: HMX |
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hmx was down on low volume today. It has a big bearish candle that it made today. I got in at 8.145 just before the close. We will see what happens next week. I did buy around the t-line.  |
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Harry
Joined: 11 Jun 2005 Posts: 128 Location: midwest
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Posted: Mon Aug 06, 2007 2:44 pm Post subject: |
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Boy, did I make a bad call on this one. I just came in and hmx is down .76. I will be hunting a getting out place sometime this week. Hopeful it will bounce a little one day this week. |
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