9 replies to this topic

[SemiBizz]

http://bigcharts.mar...&mocktick=1.gif

No News....

Edited by SemiBizz, 18 April 2008 - 09:33 AM.

[SemiBizz]

7+% Possible entry/add pivot... pullback to last 3 min volume spike 11.17 - 11.37

Edited by SemiBizz, 18 April 2008 - 09:42 AM.

[skyymaster]

Semi, if you have time can you look at DECK and tell me your view for that Feb. 28, high volume. It looks like it is trying to test for that. If it is a low volume test then would you consider that bearish? Still trying to learn volume. Thanks

[SemiBizz]

so, DECK is into the gap here... last 2 days quality of volume UP move... next resistance is 1/23 high 128.58 after the gap is filled, you don't want to be shorting into a quality of volume up move, you need to see exhaustion, a light volume tick over...

[skyymaster]

Sound good. I think I will await until next week. Too many shorting this (mkt) thing today. Will wait for the setup.

Edited by skyymaster, 18 April 2008 - 09:59 AM.

[SemiBizz]

Did I forget to mention that my target on MRVL is 16.02 gap fill ?

[SemiBizz]

This Gap Fill... right here... !!

[AChartist]

Semi, does your name imply you like the semi's.

What's your volume read of that HOG action this week?

I'm in with you on the MRVL from around 10.50.

This Gap Fill... right here... !!

[SemiBizz]

What's your volume read of that HOG action this week?

OK, what you have here is a bullish spring off the test of the high volume January low. This stock is in consolidation mode, and on this increasing volume needs to break out here and make a new high based on the stronger volume, so break over that March high, to prove it can still go higher, otherwise what you have is the March low broken on more volume without breaking the high, a bit of a red flag. If it can hold this test of the lows again, the target of course will be the January higher volume high 46.61. It really would be best however to test that March 41.41 high now before the month is done. Now this stock has been known to gap away and this could be a dangerous play, but you could be long here with a stop at the April low.

http://bigcharts.mar...&mocktick=1.gif

With regard to the "Semi" in my screen name... I am a consultant to the Microelectronics Industry.

[AChartist]

That's great that you know the inside of the industry. I know Tires.

I am long Hog now on 37.5 calls executed. I was hoping to exit over 40 and let it test the lows
piling in there. They announced plant closing and layoffs. Probably closing lowest quality, oldest,
highest cost plant, is a good thing. Announced increasing exports. Stock is down 50% and earnings
are not down. Their constituency is probably among hardest hit here. If things turn around for me
( wife goes to work ) I want one.

What's your volume read of that HOG action this week?

OK, what you have here is a bullish spring off the test of the high volume January low. This stock is in consolidation mode, and on this increasing volume needs to break out here and make a new high based on the stronger volume, so break over that March high, to prove it can still go higher, otherwise what you have is the March low broken on more volume without breaking the high, a bit of a red flag. If it can hold this test of the lows again, the target of course will be the January higher volume high 46.61. It really would be best however to test that March 41.41 high now before the month is done. Now this stock has been known to gap away and this could be a dangerous play, but you could be long here with a stop at the April low.

http://bigcharts.mar...&mocktick=1.gif

With regard to the "Semi" in my screen name... I am a consultant to the Microelectronics Industry.