Sunday, September 20, 2009

Watchlist the next few days

MGI - One of my favorite charts. Chart is slowly becoming parabolic, and most of the lower resistances have been cleared. A strong upward move may be in store very soon, if the parabolic trend continues.


FIG - Another interesting chart. We have broken into the established 'bear' channel (green), and should be able to touch the top of that channel in a few weeks, at least around $7. the $5.50 level has been broken recently, which should encourage more buyers to come in. Additionally, the rising wedge should result in an upward breakout.



KKD - A giant flag can be seen, but nested inside is a smaller flag that looks like it may breakout very soon. Daily trading volume is light, but be on watch for a strong move.


Other misc charts for my own reference
FBN


GAP


AVNR


CRGN

Thursday, September 10, 2009

Wednesday, September 9, 2009

Thursday, September 3, 2009

Long Ideas - Charts Charts Charts

TQNT Weekly, 5 years. We've finally broken a 3 year+ resistance on volume. I'm interested in seeing how this plays out, but I think we're going to slowly move higher, towards 8.80, and possibly even 10. Looking for an entry on test of the 7.20 area, or a breakout above 7.60.


The rest of these charts are pretty much self explanitory. Keep an eye on them for strong movements in the future.

ANDS

DRYS

RAD

SFI

SHO

TRID

TSFG

UIS

ZZ

Just one chart

Next BAC short entry?

Tuesday, September 1, 2009

Financials Short Signal?

First post, will start with new charts.

XLF Daily - 2 year



BAC Daily - 4 month


BAC Daily - 1 year