...from all their other attempts at companies and products....
Is LiveDeal wasting money now by paying the pumpers again while still paying the flooders? They are going to bury their own pumps.
"only way is sky?" You must have been surprised when the price got cut in half to 0.0001. ...ouch.
The price is starting to break out of the negative trend today. ....If it can stay above $.02
Increased volume could bring the price up significantly.
I've been watching this stock since it kicked up in February. There seems to be increased interest starting again in April.
On 3/25/14, I posted that the price could move down $1. Today marks that move as completed. The price closed on 3/25 at $5.01 and today's low was $4.00.
Current chart info:
Today the price broke down. When it dropped it had a little too much momentum. It started to come back up and choked. Then it started back up again and fizzled out. It moved flat to the right and started another last hour climb but headed south again the last 30 minutes. It just didn't get enough gas to make it up to where it needed to in order to mark support at $4.30 where it needed to close today.
With that said.... the previous support is broken. ...The only support I see now is way down at $3.15
However, the $1 move predicted by the end of the pennant pattern was completed today. ...so maybe it can get a grip here....but I wouldn't bet MY money on it.
Good Luck, I'll let you know when I see something interesting with this stock again.
$4.32 secondary support
The little boost in price at the end gives it a bit of wiggle room to go down tomorrow. If the price would have ended at $4.26, it would have surely gone up tomorrow. Now it has the room to go down a bit and close tomorrow around $4.26.
The question is was today's close at $4.34 close enough to the support line to bounce? The last time it bounced on March 10th, it was also a tiny bit higher than the main support. I think it is close enough and that it will bounce instead off of the secondary support that is at $4.32. (Well, technically it bounced off of the main support today...but the monthly charts will hide that later.)
The stochastic is between 60% and 75%. This could cause the price to dip slightly tomorrow. After that, I would expect the price to start to rise overall back into the 5 dollar range. (Although, it could take weeks or months to complete the series of rises and falls that will get the price back up into the range. ...but that should be the overall direction.)
The stochastic also gives it room to rise initially a bit, then dip, then start to rise again.
Can you prove that they are actually chimps? ...and how did the chimps get smart enough to post? ...and do the chimps get happy hour deals from LiveDeal? ...and if they do, do the restaurants know about it? ...and are they paid in dollars or bananas?
If you think this response is stupid....don't worry. ...it will be buried in 3......2.......1.........
Thanks for noticing. I always get a bit of resistance at first when I enter a new message board with chart info. I'm OK with earning respect over time.
If anyone is interested, look back at my post from 3/25 that was the chart for 3/26/14. This post charted what happened from then until today. If following me, you could have shorted at $5.30 and covered today at $4.20. (Not a bad short term trade.)
I expect the price will end today somewhere around $4.26, give or take a few cents. That will mark the chart exactly at support where it should be. Then I would expect the overall price to start climbing again Friday and next week.
There shouldn't be much risk to going long here. (The risk is if it did crash through support here then there is little to stop it.) Looking back, this happened back in October...but that was after an offering announcement.)
$4.32 secondary support
$4.26 main support
The price broke out of the pennant pattern to the downside as expected. (see chart for 04/02/14)
Stochastic ended at overbought. This could push the price initially further downward.
I would look for it to keep trading overall within the ranges above until it reaches the main support. The midpoint is now $4.47
I see no reason why it would dip below $4.26 on Thursday.
The price is now $4.62. With a well timed spike in volume it could push the resistance line higher, extending the time it takes to bounce off of support. The resistance line is pretty steep but actually not as steep as the line back in January that eventually bounced it off of support.
ZIOP is down to $4.46 at 1:00pm. The price could hit some additional supports at $4.39 and $4.32. The main support is at $4.25.
Currently at 10:40am, ZIOP is very near the secondary support. Stochastic has been oversold since 9:55am. The price could pause here or bounce up a bit. The midpoint of the pennant is $4.70.
As of March 31, 2014 the Liberty Ridge #4 well was producing approximately 25 barrels of oil and 23 barrels of water per day from the Viola zone. Thru February 28, 2014, after approximately 9 weeks of production, the Liberty Ridge #4 well had generated revenue in excess of $647,000 net of taxes. The initial revenue generated has allowed the well to be 63% paid out. The Liberty Ridge project operator has indicated that the Liberty Ridge #4 location could potentially support 1-2 additional development wells. The Company anticipates that at least one of the additional development wells will be drilled in 2014.
$4.61 secondary support
$4.25 main support
The price sits at resistance.
The 5 day fast stochastic is at overbought.
This combination should result in the price decreasing on Wednesday. (At least initially.) There shouldn't be the normal spike up that we have been seeing.
It is currently in a pennant pattern that could move $1 either way.
If the price is able to move up above resistance, there will be very little to stop it after that. It could pause at $5.41.
If the price moves down, as expected,...there will be 2 lines of support to catch it, so a $1 move down is less likely. Most likely it would pause at $4.61 and at $4.25.
The midpoint of the pennant is $4.70 and the pattern would close tomorrow, so there is a good chance that there will be movement Wednesday.
The price went to it's midpoint of the pennant pattern at 9:30 at $5.07 as expected. (read post for 3/27/14)
The price started to break out of the pattern at 11:15 when it hit $4.99
The price broke out of the pattern completely at 11:45 when it hit $4.92
The price continued to go down all the way to $4.55
The day ended with the 5 day stochastic at overbought at 92%
This should mean that the price will continue next week to go down to around the main support as predicted on 3/25/14.
The main support is now at $4.24 and rising.
I would look for it to bounce off of that support.
Here's an idea. Everyone post in the same post and keep this one post on top.
The main resistance has moved higher to $5.27. (with the spike in the morning.)
The secondary support has lowered slightly to $4.88 (with the lowest dip.)
The main support raises naturally to $4.25
The price fluctuation today extends the pennant pattern out further. Sometime soon, this pattern will end with a sudden move, either up or down, up to $1.00. I would say to look for about 74-76 cents. You should see the volume start to decrease and then see the price move suddenly on a spike of volume. Today we saw average volume. This kept the chart basically in the same range as yesterday even though it ended slightly down.
The price now sits just slightly above a secondary support. The 5 day fast stochastic is oversold. This should result in another spike tomorrow morning. There is also very short term higher lows and higher highs.
Even though the price is lower and most of the day the price in decline, in general it has not broken down. It basically bounced off of support today and never returned all the way back down again. An increase in negative pressure would be enough to sink the price fast tomorrow morning. However, with a support that held today and stochastic at oversold, the stock should have plenty of room for a move up tomorrow morning.
If it hits higher highs tomorrow, look for it to continue upward slightly overall. If it doesn't, look for the swings in price to decrease settling at a mid-point around $5.07, until the pattern ends and the price makes a move up or down between $0.74 and $1.00
(Take this info for what its worth to you. It may have no value for you at all. My perspective is as a day-trader with no input from fundamentals, news, leadership, ect. A long term investor may not find this information to be of much use.) Happy Trading.