Investing Online

[MoMoney4Me]

Hi S_A,
I've got another one for you if you don't mind.

I've got 10k shares of ANAD that I purchased just over 12 months ago @$1.65. I'm holding this one for the turnaround story as the company has been narrowing it's losses and expect to see profitability later in this year. I'm looking to continue holding this one for at least 24 months with the possibility of seeing it go into the high teens.

I'm depending on reports from Value Line Investment Survey to play out. So far it's been good to me. I've held the majority of those shares and trading half the shares on spikes and dips, so in addition to the increase above my original costs, I've ben able to cull about 40k in profits from it over the past year.

Currently well off it's recent 52 week high of $9.26, ANAD dipped a bit today and closed at $6.66 I'd like to hold this one as long as it takes to double again.

In your opinion, what should I expect to see in the movement of this stock near term. Is it a buy here, if I was thinking of adding to my position here?

Has to break to the top side of 7.00 imo and start making higher highs on the RSI and Slow Stochastic, as you can see we are making lower highs now which is not a good sign

[MoMoney4Me]

S_A,

Thanks for the opinion.

As I have said before, I'm a novice when it comes to TA.

I've been investing in the market since 1975 and done quite well on my own merely by trial and error and doing my own homework.

I've always relied on fundamentals and research reports, and only recently beginning to explore the value of TA.

I appreciate your help, understanding , and patience with a learner.

any time. T/A is not the end all either, its best to use all the tools you can and even at that all you are doing is making a "educated guess"

Originally Posted by MoMoney4Me

S_A,

Thanks for the opinion.

As I have said before, I'm a novice when it comes to TA.

I've been investing in the market since 1975 and done quite well on my own merely by trial and error and doing my own homework.

I've always relied on fundamentals and research reports, and only recently beginning to explore the value of TA.

I appreciate your help, understanding , and patience with a learner.

[capt_nemo]

Originally Posted by MoMoney4Me

Hi S_A,
I've got another one for you if you don't mind.

I've got 10k shares of ANAD that I purchased just over 12 months ago @$1.65. I'm holding this one for the turnaround story as the company has been narrowing it's losses and expect to see profitability later in this year. I'm looking to continue holding this one for at least 24 months with the possibility of seeing it go into the high teens.

I'm depending on reports from Value Line Investment Survey to play out. So far it's been good to me. I've held the majority of those shares and trading half the shares on spikes and dips, so in addition to the increase above my original costs, I've ben able to cull about 40k in profits from it over the past year.

Currently well off it's recent 52 week high of $9.26, ANAD dipped a bit today and closed at $6.66 I'd like to hold this one as long as it takes to double again.

In your opinion, what should I expect to see in the movement of this stock near term. Is it a buy here, if I was thinking of adding to my position here?

WEEEEEEEEEEEEEEEEEEE for him!!!