SVSE - Silver Star Energy Inc. (SVSE.OB)

[Klipper22]

Looks like they're tryring to come off the bottom. Share structure:

Shares Outstanding6: 96.22M
Float: 66.57M
% Held by Insiders: 50.00%

http://stockcharts.com/h-sc/ui?s=SVS...4335&listNum=2

[Klipper22]

Sure would like to see this guy pop through .025 today. The chart will be looking very nice with a strong close.

[Klipper22]

Didn't get the push through .025, but depending how you want to look at the patterns, it can be a bullish engulfing confirmed by 3 white soldiers or 3 white soldiers confirmed. Either way, this chart looks very good.
Quick definition of 3 White Soldiers:



BULLISH THREE WHITE SOLDIERS

Type: Reversal
Relevance: Bullish
Prior Trend: Bearish
Reliability: High
Confirmation: Suggested
No. of Sticks: 3

Bullish Three White Soldiers Pattern is indicative of a strong reversal in the market. It is characterized by three long candlesticks stepping upward like a staircase. The opening of each day is slightly lower than previous close rallying then to a short term high.

Recognition Criteria:

1. Market is characterized by downtrend.
2. We see three consecutive long white candlesticks.
3. Each candlestick closes at a new high.
4. The opening of each candlestick is within the body of the previous day.
5. Each consecutive day closes near or at its highs.

Explanation:

The Bullish Three White Soldiers Pattern appears in a context where the market stayed at a low price for too long. The market is still falling down and it is now approaching a bottom or already at bottom. Then we see a decisive attempt upward shown by the long white candlestick. Rally continues in the next two days characterized by higher closes. Bears are now forced to cover short positions.

Important Factors:

The opening prices of the second and third days can be anywhere within the previous day's body. However, it is better to see the opening prices above the middle of the previous day's body.

If the white candlesticks are very extended, one should be cautious about an overbought market.

The reliability of this pattern is very high, but still a confirmation in the form of a white candlestick with a higher close or a gap-up is suggested.

http://stockcharts.com/h-sc/ui

[daiello]

Looks like it wants off the bottom again with some decent support.

Full STO curling up from just about 0 haha.

MACD fast crossed slow line, with the hist showing buying.

[Kuzami]

I'm guessing that it "might" go up for a bit, but I'm not seeing anything jumping out at me saying buy... For the past 4 years it's done nothing but go down. Might need some serious DD done before taking a gamble. Maybe there's something out there to light the signal flare...

[daiello]

It all depends on what you are going for.

As a trader i don't worry too many fundies, but rather the T/A.

I wouldn't hop in Monday without watching of course, but if signs show up that i can make a few bucks, thats enough for me to get in :D.

[Kuzami]

Originally Posted by daiello

It all depends on what you are going for.

As a trader i don't worry too many fundies, but rather the T/A.

I wouldn't hop in Monday without watching of course, but if signs show up that i can make a few bucks, thats enough for me to get in :D.

That's what I'm trying to learn:/ In this stock world a month now, and have already realized enough mistakes to carry me through the year! I came in with the intention of trading stocks, and have found myself wound up "investing" in what I think should be long term holds. I'm in the process of breaking away from that and cutting some losses to start out fresh!

[daiello]

Kuzami, i started in January of this year.

I fell into some "investments" back in February.

But since I'm down SOO much haha, i haven't sold out.

Since then i have taken my losses, and i think about 2 months ago i made up for all my newbie losses.

Learn to take profits and don't be greedy.

PS. The "investment" i am in (although it can have a future and a higher pps) i could have taken a profit. I remember it like it was yesterday. I got in at .0225, saw it go to .026 and didn't sell. But since then i learned how to watch L2 and take profits when i see something i don't like.

[Kuzami]

Originally Posted by daiello

Kuzami, i started in January of this year.

I fell into some "investments" back in February.

But since I'm down SOO much haha, i haven't sold out.

Since then i have taken my losses, and i think about 2 months ago i made up for all my newbie losses.

Learn to take profits and don't be greedy.

PS. The "investment" i am in (although it can have a future and a higher pps) i could have taken a profit. I remember it like it was yesterday. I got in at .0225, saw it go to .026 and didn't sell. But since then i learned how to watch L2 and take profits when i see something i don't like.

Oh, I'm already learning I've taken more profits than losses so far (I don't count my current shares until they're cashed in!) and plan to keep doing so. My goal is to be riding free shares on all the stocks I have some day down the road. If that happens, I'm golden! I'm currently riding one stock for free atm, so it's a start.../cheer

[daiello]

There you go.

Learning is key!

Good luck, I as well as the rest of the board are here to answer your questions.