enough of the personal attacks- lets get back on topic and loose the hurt male ego pride
Nuts, I can look at 32 day patterns, or 3 month patterns for info in trading patterns. See Investopedia for Breaking Down Wedge and Triangle Patterns. This seems to be the beginning of a consolidation of the trading range where highs and lows are getting closer just b4 a break out to the higher side. $1.60 seems to be the resistance to break on higher volume, and then we should get to 2.05/2.25.
suavio2015 ID from 5/19/2015 56 posts
.....Stockcharts dt cm - The falling wedge is a bullish pattern that begins wide at the top and contracts as the prices move lower.
......Investopedia: Breaking Down Wedge - once the price breaks down outside of the wedge it is expected to return to the major trend. Continuation patterns tend to be most accurate when they have existed for one to three months (32 days). Choose your poison, both are public sites, I just have access to the other as part of my service. good investing to all longs
.....bubbles, one day soon, MNGA will pop your bubble of ignorance and empty posts.
.....Thanks for your great chart knowledge, now go back to your crayons and stay inside the lines as best you can.
go to recognia dt cm - but from its high in Dec.2015 it shows a descending triangle pattern that gets compressed from lower highs and lower lows, but if you draw lines from the highs and lows, you get a wedge triangle that seems to be consolidating as the range tightens. Still MNGA must break the upper resistance of 1.57 to 1.60 to reach the assumed higher highs of 2.05 to 2.25. We need fruitfull PR s that have future sales estimates going forward, or co-co results, of some big names to allow release of their conversion to MNGA so we can at least figure-estimate future sales. In short - better fundys to support this assumed cart pattern.
.....I know the 50-100-200 day moving averages, just wanted an opinion on the "continuation wedge" if you had any insight into this pattern. Thank you for your input.
....Over the last 32 days we have what is called a continuation wedge, a bullish sign.
.....Support 1.17, resistance 1.60 upper range of 2.05-2.25. From Recognia dt cm site. Alert was triggered on Scott trade Elite platform. We have to break the 1.60 upper trend line to reach into the 2.05 and above range.
.....I only share this and seek anyone having with better chart abilities than I.
nutstobolts, take a real good look at page 6, it has a map of the entire US laid out for the total addressable market, 15,000,000 metric tons of bio gas produced annually inside the 48 states. Perhaps this small company is a key for MNGA to reach its goals just in production of mag gas. QPWR seems to have the locations mapped out and it seems to fit hand in glove with MNGA's need for production.
.....Just how many of these sites could be transformed from a biogas-methane into mag gas ??/ Good question to ask in the next Conf Call
QPWR has a "corporate presentation" on their web site that lays out their business plan, about 26 pages in all, to capture bio gas and waste methane for power production. Perhaps they want tot convert some manure pig farms into Mag gas ???
They have been using anaerobic digesters for the methane collection. Guess they are trying to see if MNGA has the real deal in order to supplement their reach in creating power and business
....I checked out the claim and the PR is on the TSX - Canadian - exchange.
.....Type in GUD.TO and it is the first headline. Still a big IF from the FDA side. Right to use is nothing if not approved !
....I have to admit that the CLIR technology is part of the solution for industrial fired applications. I have visited the site and have pulled up a few time derived charts. Now it is true that MNGA is up- way up- when compared to CLIR over the last 2 year and 1 year charts. BUT a funny thing happened at the 6 month chart comparison. Both charts looked VERY Similar-- with advances and retracements with MNGA still out pacimg CLIR by 11 %. Both companies are different approaches, CLIR tries to optimize the flame and its by products inside the furnace, and MNGA does this with after effects in the flue stack and lower the 'bad' gasses NOX and SOX. One thing MNGA has reported to do that CLIR has not is to effect the CO2, a key advantage with the global warming crowd. I have yet to figure out the percentage drops for CLIR on NOX and SOX and CO but it is interesting tech. Also, CLIR does not effect the enviorment in the way that MNGA does, with MNGA using its purification of waste products into MG1 and MG2 gas, there by having a beneficial effective pre and post production cycle uses. Both companies have just started out with contracts and have gone through like cycles on share price and might mirror each other for a while as they have for the last 6 months.
.....I encourage flowers to look at CLIR, it is interesting and if you look at the fall in its SP and its beginning rise, it might be a likely stock to invest in.
.....Don't think it will hold being we are going into a weekend w/o clear news on FDA while at he same time we have clear news the board is seeking another split of 1/20 or 1/35. A huge gamble based just on this news.
Some will hold an hope for the best o FDA . Purely a spec play at this point. Play only with what you can loose w/o pain.
......javcin38, would you care to more fully explain your view point and how MNGA reaches this expansion of 4x in 206, and 20x in 2017 ? Or are you just being the over positive leaning poster verses the negative bashers. Both extremes are regrettable and a sad base for investing.