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Alexza Pharmaceuticals Inc. Message Board

  • forgotmorthanuno forgotmorthanuno Aug 2, 2013 11:05 AM Flag

    Trend day up in the works

    A trend day up is simply not having 5 (30 minute) intervals with a common point AND the stock closes in the top 10% of the day's trading range.....so far so good.
    This draws a lot of attn from traders that normally are not active in a stock and more importantly the current MKT MKRS load up. Trend days are rare and occur in both directions.
    On our way to re-test $6.65 and only after we have 2 consecutive daily closes above $6.65 (resistance) will the shorts have the #$%$ scared out of them - - enuf to see the next level - $15.80

    Sentiment: Strong Buy

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    • lol. Gotta love people arond here with huge price targets. You were on point before you added in $15.80. I'd love a $15.80 but it's not coming.

      Sentiment: Hold

      • 1 Reply to retired.at25
      • When you learn how to read a chart , maybe you can have an intelligent discussion about technicals. Look at a monthly chart.....Do you see $15.80? That is the next number in the food chain. I did not say it would ever hit that number,but the stock has actually traded there before. It may also take a couple of years to get there,but it is 100% certain that the t/a folks look at that number as the next area on the ladder. And if the company ever goes higher than that it will have to go through $15.80.

        yes , I forgotmorthanuno

        Sentiment: Strong Buy

 
ALXA
2.01-0.020(-0.99%)Mar 27 4:00 PMEDT