Have you ever noticed that many times a stock chart looks pretty disgusting prior to earnings and then: BOOM!!! the stock is up 30% the day after the earnings as the shorts are spooked and are dying to get out while some others are backing up the semi to load up for a potential ride up? I might be 100% wrong but I have a gut feeling ACIA will move big on...
Ladies and gents. This little stock taps into raw human impulses and turn them into gold 0.30% . Talk about alchemy. Move over George Soros... I made the image a bit bigger but there is a channel top at around $21.80. I see this stock going up. I put a few scenarios with the red arrows but as usual, the market will do what it will do... red arrows or not. The key...
I like this one outside the downward diagonal trendline . Earnings are coming pretty fast so don't forget that fact. I was hoping for a bigger drop but support seems pretty decent in that area with the red POC 5.71% and two Tim West Key Option Levels ( KOL -1.44% ) in the support area . Note that one of the KOL -1.44% is actually hidden by the POC 5.71% as they...
Chances are a breakout is coming for this one. Goldman kicked the tires on this one a while back.
CVEO is a case of the trading called "from worse... to less worse." The type of trade like TCK was was last January. It was like $2-$3 and they survived the downturn in commodities which is the most important thing. The stock went to $25 right now. I don't know about you but very few experts were talking about that stock last winter. ;-) When it comes to CVEO I...
Interesting to see the contrast yesterday between various retailers: $M, $KSS, $JWN and others were hammered pretty good... and as a side note, I would let them bleed some more before jumping on them. if it is s.u.c.h. a deal Wall Street will back up the truck and you will notice it. Of course if Icahn sends a Tweet next week to say that he bought a few million...
I am keeping an eye on this one. I want the stock to jump a few hoops first. I want it in the "X" area, above $46 on a closing basis, It's in a chop zone right now trapped under resistance and I won't buy it where it is. Not sure about you but front running never really worked for me. I end up being the "lunch" usually. Got a bit tired of it so I now let the...
Hi guys, never had a chance to sink my teeth in their noodles but I started to nibble at the stock . I know, it's been slugged and hammered... However last year BZH 1.74% was at $6... then it beat the heck of all the other home builders right after until this day. CCJ 4.89% ( Cameco 4.89% ) was heading to penny stock land recently, it almost doubled in a few...
I was in this one with some calls recently. Looking to get back in with stocks this time. It's a nice slow mover. It just did a retest. Some decent support just underneath.
Interesting set-up for $VEEV. Got in this one over a week ago. Slightly under for now... but it's a longer term trade. I am keeping my eyes on it to add some more. There is a fair bit of support in the yellow rectangle area. Red line on top is the recent resistance and the bold one below is the POC (point of control) for the last few months. It's taking a...
Hello World, Interesting little chart here. Been in this one a few times in the last few months. It will be interesting to see if we will see a repeat of the range or not in the coming weeks. The value of the range from top to bottom is about $3.50 occurring very quickly. If you nail it a few times with calls or even with stocks it can be very rewarding....
I am not long yet but here's my game plan for Lowe. I have to humbly admit that I was in Lowe when if popped to $76 with some calls... but I rode the fade until I had a small loss ;-) From a significant gain to a small loss. Hats off to the faders on this one ;-) I was pretty new at this game and I did lose some easy profits like this in the last few months...
Interesting lil' chart with Mylan. I put a few yellow circles to show where there was support/resistance before. The wavy pink line is the 30 weekly EMA. As good old Sam Weinstein used to say: be careful going long under the 30 weekly EMA. This does not mean that it can't jump any higher but the is a chance that taking some profit near that line or the dented...
Interesting basing action on this one. While $EXR is linked to interest rates to some extent. They also offer a product (storage) that could be in demand if the economy is picking up. We have a bit of a reverse head and shoulders on this one and also a flag on the right side. I was in this one recently with some calls between roughly $69 and $74 (where I got...
Just wanted to submit a few charts of stocks I am in and that could have a nice pop just in time for X-Mas. Of the two, CSIQ is the most volatile. It it still in a downtrend and it is volatile so to take profit and maybe limit your expectations unless you want to be in for the long run. I put a few red bars on the RSI 50 as it tends to reverse there and also...