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[Master Che]

1/17/12 Updates from the previous stock forecasts NOW = 1/17/12 Hopefully tomorrow in the afternoon I will have completed the second portion of the research (180 stocks – research and analysis) Stock Forecast: ADP: (from 1/13) Bias: Bullish Immediately up to 56.15 (56.95) (Up extension 56.95); the price action at 56.15 determines if we continue up (60.37) or back down (45.97) expect a pullback at 56.15. Currently 54.02 is the key support although 52.33 is the key pivotal support NOW: No change AMAT: (from 1/13) It’s all about what happens at 12.12; will update in accordance NOW: no change AMZN: Bias: Bearish Down to 154.15 although beforehand up to 189.56/191.65 NOW: No change APPL: (from 1/12) Bias: neutral (was very bearish) potential change to bullish Originally had it heading straight down to 354.80 then a bounce back up to 429.50 and then down sharply to 281/282; but that’s all changed. The key now is if we reach 429.50 or not; due to the fact APPL is quite dynamic we MUST update it in accordance the weekly movements. NOW No change waiting to see if we reach 429.50 or not; IMO we reach 427.05; ARII: Bias: Bullish, Up to 32.79; then expect a pullback down to 25.50/25.70; then up to 39/41 NOW: Today’s closing price is quite pivotal regarding the next 10/15 trading days Will update tomorrow ATVI: (from 1/12) Bias: Bearish Down to 8.80 although beforehand POSSIBLY up to 12.70 NOW We reached EXACTLY 12.70 and immediately pulled back No change down to 8.80 today’s close should where the first potential bounce will occur BAC: (from 1/10/12) Bias: Very Bearish Down to 5.31 High probability we topped out at 6.37 and head back down as such 5.56 is the key support; below it down to 5.31 BAC: (from 1/12) 6.74 is the support pivot for the pattern (7.10 against 6.23) Yesterday we developed (like almost all recent patterns) a bear bounce pattern, meaning it must reach 7.10 otherwise back down quickly to 6.23 (down extension – to 6.02) BAC from 1/11) It traded above 6.37 which takes us immediately up to 6.98/6.99 6.98/6.99 completes a bottom pattern from December; although 7.20 is the KEY resistance pivot since August. Not reaching 6.98/6.99 is a complete bull failure and immediately ushers in new lows NOW: We reached 7.02 and pulled back; currently between a rock and a hard spot; we’re stuck between 2 open gaps (6.78 and 6.60); the up price target from the 11/13 decline (bottom pattern) is 7.17; but yet an even smaller such pattern (bottom pattern) the up price target is 6.97; in light of the fact we failed to close the 1/12 gap down (6.78) upon today’s gap up IMO we immediately head down to 6.00 to 6.13 C: (from 1/13) down to 17.50 after this bounce; 32.09 is a potential termination level for this move up from 24.78; I was expecting it to reach 33.53 to 33.95 but the last few days have contracted the potential bounce NOW: No change (down to 17.50), immediately down to 27.39 BMRN: (from 1/12) It should have been Up to 39.72; although at 37.82 we may have put in the top, currently pointing down to 34.26, clearly trading below 35.00 confirms the top in place bias; none the less expect a significant pullback/trend reversal immediately down to 24.65/24.90 small bounce then down to 15.60 NOW: We took out 35.00 on the bounce, but we need a close at 35.00 or above The bounce should have occurred at 34.26 (not 34.28) it could go either way right now (up to 36.80 or down to 34.24) GE (from 1/11) Bullish Up to 20.98 NOW No change JPM: (from 1/11) Bearish Possible top at 37.05 if so immediately down to 34.27; no matter how you slice it up its down to 18.50 to 21.50 NOW: No change We reached 34.50 MAKO: Up to 38.16 to 38.75 then down to 9.23 to 10.84 We put in a top at 43.00 NOW: We have high open interest (20%) but the open interest increased while price decreased from 10/14/11; which is not bullish in fact the opposite – IMO the bounce from 24.40 terminates at 38.16; as such the immediate move is down to 19.22 NWSA: (from 1/13) Up to 21.24/21.25 NOW: no change SPPI: (from 1/13) Up to 17.35; then expect a significant pullback/trend reversal as such down to 8.50 NOW: no change STX: Very bullish, up to 28.15 although at 24.38 we have a confirmation for 28.15; at 20.25/30 expect a minor pullback and again at 21.79/91; the support pivot at 16.78 should support the first few pullbacks until 24.38, the pullback at 24.38ish should find support at 18.50 (most recent support pivot) NOW: no change VALE: (from 1/13) Very Bearish If it reaches 23.86 then down we go to 16.50/16.80 NOW: We reached 23.85 today

Edited by Master Che, 17 January 2012 - 01:38 PM.