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Posts Tagged ‘AYSI’

GTE Beautiful Correction After the Big Move

Friday, May 23rd, 2008

GTE had a nice correction after being unable to break $7 it went a lot lower than I thought - went to $5.05 I figured it would correct to $5.50-6 as mentioned HERE

GTE

KYUS had been getting toppy today at $4.33-4.34 I figured last night it would top at $4.25-$4.30, lets see how it does by holding through the lunch hour. You can read that HERE about my thoughts from last night. If this holds through the day it surely will squeeze into close. if it breaks under $4.10 however the masses will be selling.
KYUS

MXC I think it’s going to consolidate around this level at $37-38, lose its volume and slowly sell off over the next few weeks but it will probably test $40 and squeeze over it if it breaks but I don’t anticipate the move to hold. It will just be another attempt for the big guys to lock in some good shorts at high prices before it returns back to reality. I wrote about it last night HERE.
MXC

AYSI breaking to new highs
AYSI

PEIX getting crushed today watch for this to bottom around $4.25-$4.35 for reversal after the long weekend (Tuesday). It may test $5 and thats about it, I wouldn’t expect this to be a long more than just trading the bounce.

After the volume stops and interest leaves this will probably settle right back down, but while the interest is there, we might as well look for opportunities to trade. If $4.25 breaks down let it test $4.00 but I doubt it will go much lower than $4.30 today and Tuesday.
PEIX



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