Possible Elliot wave buy opportunity? Got the buy idea from another post, but then took a look at the daily chart and saw the possible Elliot wave set up.
DXR has been in an almost 10 year long downtrend. The trend line, possibly, will be broken around the $7.50 price. Inside ownership stands at a very high 76% and there has been recent insider buying. The volume has also been quiet. This stock, if it breaks the trend line, could have a very good rise. I will look for no less than 200% when I enter the trade if the...
THIS IS A MONTHLY CHART. PDO has been in a good three year consolidation base. The stocks volume has also been very low during this accumulation base. The longer, sounder the base, the higher the rise. PDO appears to be breaking out of this base which good buy signal.
THIS IS A MONTHLY CHART
SLTC formed a 3 year base in its low range on very quiet volume. January 2013, the stock moved out of this base range on low volume. This is a very good signal. The stock is still in very strong hands.
This stock should rise at least 200% because of the solid base it formed. This is a long-term play, the only way I like to invest.
THIS IS A MONTHLY CHART. ALTI had a steep downtrend line broken in March, 2009. This was followed by another slower-paced downtrend line of over 4 1/2 years. All this with decreasing volume which means the public has almost sold out. There was a breakout of the trend line in October 2013. Inside Ownership stands at 61%. This stock is in strong hands and could...
THIS IS A MONTHLY CHART.
HMNY has formed a 6 year consolidation base that it broke through in August, 2013. This stock might consolidate for awhile, but is posed for a good 200% rise or more. Inside ownership stands at 85% and the volume, except for a couple of spike months, is really low. Low volume can mean the stock is in strong hands waiting for the rise and...
THIS IS A MONTHLY CHART.
EMMS is one of my favorite charts right now. It has a nice, long 5 year accumulation base in a low range. The stock broke out of this base in late 2013. All on decreasing volume over the 5 year period. This is another sign I look for, decreasing volume. This lets me know the stock is in strong hands and the public hasn't been induced to...
THIS IS A MONTHLY CHART. As stated in my earlier chart, I look for long-term investment ideas based on the Ted Warren method of charting. I look for stocks that have been an accumulation base of at least 3 years. I believe all the charts I post will have the opportunity to rise 200% of more. This will take time however. It could take 5 years, but that is still a...
First. let me state that my ideas are for long-term investors. I don't like sleepless nights wondering what the stock market will do the next day. I have tried them all - futures, day-trading, and swing trading and don't seem to have near the returns I do from looking at monthly stock charts. I am a big fan of the Ted Warren trading method.
I look for stocks...
