Jan 1/2013
Both DML and PDN are acting strong for a continued bounce... I like them both, but took a piece of PDN.TO... I would have prefered an entry below $1.00... Uranium is recieving some noteable press and some of the more solid uranium stocks are cautiously responding north. STM.V is a consideration.
Dec 17/2012
PDN.T0 - It's hard to believe that PDN.TO has sold for under $1.00 in the last week.
Regardless.... the stock is NOT under the influence of fundamental analysis at this time IMOP...... sentiment is the motivating pressure on the price... Quick Chart is showing a bounce.
PDN.TO was picked up in one of my divergence scans.
For the last week or so the chart has been shaping up for a bounce... There appears to be an opportunity to take a position, and that position would be preferably under $1.00 and above .92 cents... support in this area is accompanied by a narrowing of the bollinger... and the price has strayed above the upper band... Upper band pops are to be considered points where things are over bought. MACD is under the trigger line (signaling the presence of a downtrend) bouncing from a reading that has produced up moves in the past.... As of this post there has been some favourable new releases that would normally have garnered some action if the market were not in the last few days of Tax selling... Be on the alert for a trend reversal during the Santa Rally or into the January effect
There is a lot of shares out there so a reasonable chance that the price will fall back over the next couple of days is worth considering if taking a position... It would be also worth considering that taking a position in this is not a day trade, but the benefits would be that it has bottomed, and could be a worthy long term hold. A second train of thought would be at these prices... a merger or buy out acquisition is not out of question... there have been past rumours at higher prices.
Monday, December 17, 2012
Saturday, December 15, 2012
Nemaska Lithium Stock
Nemaska Lithium Stock
Jan 1/2013 - A complete absence of selling continues to work... fundamentaly there is little competition for the speculation that can be directed at this issue... there is little to update... The fiscal cliff up to this point has had little effect.. either way... Lithium stocks are holding ground and the combination of a great looking chart with no selling makes for a good entrance into the New Year.
Dec 15/2012 - Nemaska made the Public Charts scan again... should have caught a bit of radar.
No sign of any selling action other than a few traders. Bidding looks solid.
The chart is developing nice. This post will be the host for any further NMX.V updates.
GLTA... Dave
Jan 1/2013 - A complete absence of selling continues to work... fundamentaly there is little competition for the speculation that can be directed at this issue... there is little to update... The fiscal cliff up to this point has had little effect.. either way... Lithium stocks are holding ground and the combination of a great looking chart with no selling makes for a good entrance into the New Year.
Dec 15/2012 - Nemaska made the Public Charts scan again... should have caught a bit of radar.
No sign of any selling action other than a few traders. Bidding looks solid.
The chart is developing nice. This post will be the host for any further NMX.V updates.
GLTA... Dave
Friday, December 14, 2012
Mission Statement
Market Motivators:
We (meaning everyone as in you) are looking for an absence of selling by large institutions... so we aren't getting dumped on as this allows for an orderly rise of share price through bidding action. This type of ambient atmosphere allows stocks with solid speculative fundamentals related to sentiment trading to rise and establish trend...!
Finding stocks is accomplished by scanning for certain criteria that produces a large field of bullish prospects entered into a Public Chart List out of which only the best looking are selected, and moved to a Level II platform where they are watched in a research list... From there they can be researched so Kenuck Small Cap Trader can filter out plays that have not developed answers to the topics listed below...
Not all of the topics can be answered all of the time, however every attempt is made to cover them all.
A call to the investment department of a prospect is made, and the research is put to the person in charge, and the accuracy is verified.
Considerations such as icebergs, market yearly cycles...such as summer doldrums,tax selling, Santa Rally and the January effect are taken into account. Charting is then used to follow the most promising.
Options - average strike
Warrants - average strike
Fully Diluted
Reverse Split Potential
Cash on hand
Investments
Earnings per Share
Receivables
Debt
Last Financing
Burn Rate per month
Level II - analysis is paper showing
Short Report
Commentary.... icebergs noticed etc.
Most important though... is the scan picks up on the established trend or newly forming trend from which long positions are entered by either picking a dip which becomes less of a risk on an established trend, or moving into a position on a new trend out of a consolidation, bottom pattern, or better yet a new issue.
Finding good looking trends usually indicates insiders and institutions are tolerant or not actively distributing shares... At this point you could say we are walking in front of the elephants. When the paper starts to show... we walk behind the elephants... swing and dip pick... if the charts say to.
If a stock has solid positive conditions of the elements of market motivators listed above... it equates strong charting speculative analysis based on fundamental considerations... we post it to the Current Trade Page of the Kenuck Small Cap Trader blog for consideration. Most of the time... spotting a good trend means we are in the cycle of accumulation. Solid speculation with volume will be our friend!
We (meaning everyone as in you) are looking for an absence of selling by large institutions... so we aren't getting dumped on as this allows for an orderly rise of share price through bidding action. This type of ambient atmosphere allows stocks with solid speculative fundamentals related to sentiment trading to rise and establish trend...!
Finding stocks is accomplished by scanning for certain criteria that produces a large field of bullish prospects entered into a Public Chart List out of which only the best looking are selected, and moved to a Level II platform where they are watched in a research list... From there they can be researched so Kenuck Small Cap Trader can filter out plays that have not developed answers to the topics listed below...
Not all of the topics can be answered all of the time, however every attempt is made to cover them all.
A call to the investment department of a prospect is made, and the research is put to the person in charge, and the accuracy is verified.
Considerations such as icebergs, market yearly cycles...such as summer doldrums,tax selling, Santa Rally and the January effect are taken into account. Charting is then used to follow the most promising.
Market Motivators:
Shares - outstandingOptions - average strike
Warrants - average strike
Fully Diluted
Reverse Split Potential
Cash on hand
Investments
Earnings per Share
Receivables
Debt
Last Financing
Burn Rate per month
Level II - analysis is paper showing
Short Report
Commentary.... icebergs noticed etc.
Most important though... is the scan picks up on the established trend or newly forming trend from which long positions are entered by either picking a dip which becomes less of a risk on an established trend, or moving into a position on a new trend out of a consolidation, bottom pattern, or better yet a new issue.
Finding good looking trends usually indicates insiders and institutions are tolerant or not actively distributing shares... At this point you could say we are walking in front of the elephants. When the paper starts to show... we walk behind the elephants... swing and dip pick... if the charts say to.
If a stock has solid positive conditions of the elements of market motivators listed above... it equates strong charting speculative analysis based on fundamental considerations... we post it to the Current Trade Page of the Kenuck Small Cap Trader blog for consideration. Most of the time... spotting a good trend means we are in the cycle of accumulation. Solid speculation with volume will be our friend!
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