ATHR
BBD
ENER
JBHT
JOYG
LRCX
MBT
Showing posts with label bbd. Show all posts
Showing posts with label bbd. Show all posts
19 March 2007
short watch list
today's volume sucked... it's late, here's my watch list for tomorrow - let me know if you have any questions about why these are short candidates or what i am waiting for before i actually go short...
ATHR
BBD
ENER
JBHT
JOYG
LRCX
MBT
ATHR
BBD
ENER
JBHT
JOYG
LRCX
MBT
14 March 2007
trend line failures + chart request
these are mid-day charts so double check where they closed for the day...
i will be updating this post throughout the day - so check back often... also, if there are any charts you'd like to see, let me know.
LEH - nice volume!
ATI - keep your eye on it - it looks ready perhaps to fail again at the long term uptrend line - the yellow box discloses trend line details, and don't forget to review my previous post making the case for shorting steel.
ALL - more failing at the long term uptrend line! see all previous posting and charting on ALL here.
AAPL - potential to fail at the trend line - keep your eye on on the action in the red circle... the blue box highlights the gap down that has been filled. see all previous posts and charting on AAPL here.
BBD has behaved according to plan [see all previous BBD posting/charting here]. gap resistance highlighted by the blue box came into effect. also notice the negative divergence between price and volume highlighted by the red lines.
JOYG -red lines show negative price and volume divergence. a break of the short term trend line on decent volume could be a short signal. CAT is weak too...
i will be updating this post throughout the day - so check back often... also, if there are any charts you'd like to see, let me know.
LEH - nice volume!
ATI - keep your eye on it - it looks ready perhaps to fail again at the long term uptrend line - the yellow box discloses trend line details, and don't forget to review my previous post making the case for shorting steel.
ALL - more failing at the long term uptrend line! see all previous posting and charting on ALL here.
AAPL - potential to fail at the trend line - keep your eye on on the action in the red circle... the blue box highlights the gap down that has been filled. see all previous posts and charting on AAPL here.
BBD has behaved according to plan [see all previous BBD posting/charting here]. gap resistance highlighted by the blue box came into effect. also notice the negative divergence between price and volume highlighted by the red lines.
JOYG -red lines show negative price and volume divergence. a break of the short term trend line on decent volume could be a short signal. CAT is weak too...
OSG - here we see gap resistance at work, pathetic volume at the peak of the bounce, and finally this is good example of support/resistance lines originating at moving average crossovers [see this post] - the green line was drawn when the 50-day moving average crossed below the 200-day moving average (green circle). this line provided support before - will it hold this time?
RIMM opened up below the 50-day moving average today and at the time of this posting was still below. it hasn't been crashing with the rest of the market today - so that's one feather in the bullish camp. watch it here - its sitting on a short term trend line highlighted in blue.
RIMM opened up below the 50-day moving average today and at the time of this posting was still below. it hasn't been crashing with the rest of the market today - so that's one feather in the bullish camp. watch it here - its sitting on a short term trend line highlighted in blue.
03 March 2007
watchlist | click charts for larger images
many stocks on my radar are sitting on their 50- or 200-day moving averages - i am expecting a bounce here over the next day or so, and then we should have a better idea of where the markets will be heading. here's what i'll be watching for the first part of this week:
shorts
AAPL's relative strength compared to the overall markets blast down shouldn't be ignored - that's why handle this one with care. but please do notice how it's capped by the 50-day moving average and how it has gapped down below that super long term blue uptrend line going back to the low of the day on 22 dec 2003. tracing back to the underside of uptrend lines and failing to break back above often provide good shorting opportunities
HOC - i like the negative divergence here between price and rsi, barring any breakout above the resistance line on big volume.
MBT - this gap down and the resistance at the 50-day moving average make this one to watch.
wait for the retrace (hopefully on low volume)
BBD - i charted this stock a while back and look how far it's come down! this is on my wait for a low volume bounce before shorting again. $38ish, the bottom of the gap down should provide decent resistance - it it passes that, perhaps wait for the 50-day moving average.
LRCX - charted earlier too! pretty straight forward here.
reluctanct longs
NVEC could move above (or gap above) the downtrend line, the 50-day moving average and the 200-day moving average in one fell swoop... or not. one to watch!
XING is a great, long term cup and handle pattern - and it has just pulled back - i may buy if it holds support here.
interesting but not sure
XLE
shorts
AAPL's relative strength compared to the overall markets blast down shouldn't be ignored - that's why handle this one with care. but please do notice how it's capped by the 50-day moving average and how it has gapped down below that super long term blue uptrend line going back to the low of the day on 22 dec 2003. tracing back to the underside of uptrend lines and failing to break back above often provide good shorting opportunities
HOC - i like the negative divergence here between price and rsi, barring any breakout above the resistance line on big volume.
MBT - this gap down and the resistance at the 50-day moving average make this one to watch.
wait for the retrace (hopefully on low volume)
BBD - i charted this stock a while back and look how far it's come down! this is on my wait for a low volume bounce before shorting again. $38ish, the bottom of the gap down should provide decent resistance - it it passes that, perhaps wait for the 50-day moving average.
LRCX - charted earlier too! pretty straight forward here.
reluctanct longs
NVEC could move above (or gap above) the downtrend line, the 50-day moving average and the 200-day moving average in one fell swoop... or not. one to watch!
XING is a great, long term cup and handle pattern - and it has just pulled back - i may buy if it holds support here.
interesting but not sure
XLE
26 February 2007
¡banderas rojas! (red flags!) [click chart for larger image]
BBD - getting interesting here - under the 50-day moving average - under a short term downtrend line - and sitting on support - we'll see how strong it is...
BOOM - last friday and thursday were big distribution days as BOOM went essentially no where on big volume and experienced that squirrelly gap up at the top. today BOOM pulled back through thru support indicating a failed breakout (at least for the moment) and fell below a short term uptrend line on big volume - what's next?
CRDN - tim knight mentioned this on his blog tonite - in addition to the huge bearish engulfing candle he noticed, i thought i would point out the break of the 50-day moving average and the break of the short term uptrend line, all on great volume!
GROW - the 50-day moving avererage has transitioned from support to resistance (see the red circles - i have also highlighted how the price action is becoming wedged between support and the downtrend line - which will break first?
LEH - candle in the red circle shows the price opening below the uptrend line and breaking the 50-day moving average on nice volume - the candle in the blue circle shows more selling/downward pressure with even more volume - will the break-out support hold?
MEDI - the 50-day moving average along with 50-day and 200-day moving average crossover resistance (green line) still capping this sucker (see the post: another signifance for moving average crossovers)
BOOM - last friday and thursday were big distribution days as BOOM went essentially no where on big volume and experienced that squirrelly gap up at the top. today BOOM pulled back through thru support indicating a failed breakout (at least for the moment) and fell below a short term uptrend line on big volume - what's next?
CRDN - tim knight mentioned this on his blog tonite - in addition to the huge bearish engulfing candle he noticed, i thought i would point out the break of the 50-day moving average and the break of the short term uptrend line, all on great volume!
GROW - the 50-day moving avererage has transitioned from support to resistance (see the red circles - i have also highlighted how the price action is becoming wedged between support and the downtrend line - which will break first?
LEH - candle in the red circle shows the price opening below the uptrend line and breaking the 50-day moving average on nice volume - the candle in the blue circle shows more selling/downward pressure with even more volume - will the break-out support hold?
MEDI - the 50-day moving average along with 50-day and 200-day moving average crossover resistance (green line) still capping this sucker (see the post: another signifance for moving average crossovers)
16 February 2007
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