HAON



This is a stock that reported to day - increase in earnings, and they have started a "repurchase" program for their stock. (Though in 2017 it was a whopping $800) And they are not profitable - so, where they plan on getting the money to "repurchase" is a guesstimation at best.

But, a couple interesting things - see how the stock did rise above the weekly price?

The CMF has turned positive in recent days:



And the Accumulation has been increasing:



These are all very positive signs.

The company, like most pink sheet stocks, is trying to dig itself out of the morass of past mistakes and get on the correct path to profitability. The question is, will they succeed?

Right now, the market believes they will. That could easily change tomorrow.

But, a stock worth keeping an eye on.

Happy trading, and I hope you enjoyed the analysis.

Cheers

HAON

PHIL chart analysis



These are the fibonacci levels that one should be concerned with.

Mr Market shows us the ways of the traders. Natures number come into play more often than not.

Notice how it broke above .06 and then fell back below the 1st fibonacci line. This is normal trading, though a stock that really has momentum should have easily taken out the .0685.

I'm sure news will have an effect on the trading numbers. Acquisitions are supposedly to be announced soon, and PHIL has been paying off debt with cash vs. shares, which is dilutive for us shareholders.

A retest of the .032 would not be surprising. But, as long as it stays within the trading range, PHIL is a pretty safe bet.

Myself, I've traded stocks with in a range like this.

For example, the big this morning is .04 - so a purchase here might be a wise thing, with expectations that news is around the corner.

Once the stock hits .0599, the second fibonacci line, a sale of 50% of holdings might be prudent to get some profits off the table. I've never run across anyone that's gone broke by taking profits.

The CMF is decent, though I have seen higher and more consistency in a chart.



Accumulation has recently fallen off with the share price. Again, normal trading activity - nothing that would make me feel my shares. If it stays within the trading range, I'm going to think more likely the stock is going to move up vs. break the resistance on the lower side of the fibonacci numbers.



Still holding on to my shares, with expectations of new acquisitions and the positive increase in sales. I believe a potential for this stocks is well over $.10

Watch Mr. market, he will show you the way!!

Happy trading and hope you've enjoyed my analysis.

Cheers

PHIL

SRMX - lets take a look at Saddle Ranch Media.
I think great possibilities - a relationship with AT&T, stocks movement has been good in the last couple weeks.
Chart's looking relatively good.

See how it's fallen all the way back to it's lower levels? Not an unusual thing to do with a penny stock - no news, and the stock loses momentum.
My analysis for high is .016 on this move up.
The resistance levels right now for the stock and the support levels:

The resistance level right now is .008
Support is at .0061
If the stock break above .008, the next level of resistance is .0107
I would start accumulating if the stock went back to .0061. I wouldn't go all in, as it may retest .0047.
CMF is positive:

As is the Accumulation chart:

According to the SRMX board, news is supposed to be coming soon, along with a new ticker symbol. This is neither good nor bad, but may affect trading as people have to "rediscover" the company.
All things to keep in mind when investing in SRMX.
I hope you found the analysis helpful.
Happy trading.
Cheers
SRMX