4 replies to this topic

[hiker]

These three have my bottom-picking alert in motion:

http://stockcharts.com/gallery/?rnai

http://stockcharts.com/gallery/?synm

http://stockcharts.com/gallery/?aber
risk remains that $20-25 zone is tested someday, but this risk is manageable with entries in $29-30...a low volume trader so most will not like it...much info posted about it many weeks ago at the gold board


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http://stockcharts.com/gallery/?xsnx


this one I am only watching for now...hope a long horizontal base develops, and will watch to see if $.50 to .87 zone is tested on some spikes or a new downtrend...if so, will really pay attention then

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http://stockcharts.com/gallery/?ccj

continues to be my favorite for playing either directional moves in the energy sector

note price action relative to the 20-day ema/sma's....for over a year in 2005 Ted Burge showed that CCJ tends to pivot swings on signals provided by the 20-day sma, and he shows resistance and support and MACD signals for some indices and sectors often pivot at that point.


another energy sector play -

http://stockcharts.com/gallery/?SU

will today's upgrade be faded on test of resistance zone starting near $74, or will a move above be sustained?

PnF chart remains in a bearish pattern for now...note signifance of 74-76 zone on the PnF chart and weekly chart
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http://stockcharts.com/gallery/?ntap

has made a nice run off the recent swing low, and now testing a resistance zone (see weekly and PnF chart for significance of this zone) where it topped this week...will a retest of that weekly high fail or move upward?

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http://stockcharts.com/gallery/?panl

re-testing the former broken downtrend line on the weekly chart

risk to 10 or 10.50 minimum..PnF is in a bearish pattern

Edited by hiker, 23 June 2006 - 10:22 AM.

[hiker]

http://stockcharts.com/gallery/?fcx

three consecutive days where the intraday highs topped near $50

this is from my 6/21 update:

6/21 intraday -

http://stockcharts.com/gallery/?fcx
advance stalled at $50 area of importance visible on the daily and PnF charts

20-day ema is $50.60

these daily ema's remain in a bearish configuration: 20, 34, 50-day ema's..and the 20 ema is in a bearish crossover of the 200-day ema for 6 days now...the 20-day ema continues to point down, but is flattening some

price has been below the 50-week ema for 3 consecutive weeks, tho' these weekly ema's remain in a bullish configuration for now: 20, 34, 50-week ema's....the 100-week ema currently at $44.53 was tested by last week's low

note the daily MACD

article about today's sector action -

http://biz.yahoo.com...opper.html?.v=1

[Jnavin]

Doubled up on CCJ today - stop loss is 36.

[hiker]

6/23 intraday -

CCJ -testing these levels, on below average volume so far:

thursday's high was 39.56

20-day sma is 38.90
50 sma is 40.16
50 ema is 38.90

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http://stockcharts.com/gallery/?grmn

triple top breakout today....will it last?

note the weekly volume trend

has been running steady for most of 2006...no mention of it at this board in all that time that I am aware...do we not talk about stocks here any more...just the overall market and stocks once in a while?

Edited by hiker, 23 June 2006 - 12:02 PM.

[hiker]

6/23

selected from today's new high list at SC -

http://stockcharts.com/gallery/?BAMM
note volume trend

http://stockcharts.com/gallery/?CELG
ditto

http://stockcharts.com/gallery/?MWRK
weekly volume has picked up with this advance

http://stockcharts.com/gallery/?OMNI
see PnF and weekly chart

http://stockcharts.com/gallery/?XPRSA
gained 10% this week
impt resistance being probed

http://stockcharts.com/gallery/?ODFL
volume trend is steady on this multi-week advance

http://stockcharts.com/gallery/?EYE
high volume candles in recent weeks

http://stockcharts.com/gallery/?EGY
note recent daily volume trend

http://stockcharts.com/gallery/?HUD.V
penny stock
note dramatic change in weekly volume trend