Stage Analysis Video Training Course

US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts - Page 115

(This post was last modified: 2014-04-05, 09:44 PM by Locked in.)

RE: Watchlist - Investor method

       

ALBKY had a breakout above several months of resistance at 28cents. It then pulled back to 28 and finally closed at 30 for the week. There has been a huge amount of volume and is sitting above its 30 week moving average.

This is an OTC stock which trades at a third of the value of ALPHA:GA (Greek Bank). Because ALBKY is worth a 3rd of the value of ALPHA (.72 Euros), we know that ALBKY is worth approximately 32 cents.

With huge interest in Greece recently, my feeling is that this stock can have a huge run over the next few years as Greece starts turning the tides economically.

I have been in since 18.5 cents or so but that was not exactly a weinstein entry. I see this as being a pretty strong Weinstein buy signal so I thought I would share.

Hope everyone has been doing well!

Mike-

RE: US Stocks - Watchlist and Discussion (Premium)

There was slim pickings on the long side from Friday's scan, so all the stocks are for the breakdown watchlist - CTRX, FIX, CSOD, ANAD, AMZN, SGMS, MDSO, CIEN, TYL, KMX



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isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.

RE: US Stocks - Watchlist and Discussion (Premium)

There was only few on the long side today that look interesting imo - CHDX, TFSL

       

The short side however continues to have the majority of the better looking charts. Here's today's additions to the watchlist - FIG, BOBE, CME, MSG, SSYS, AJG, EPAM, SKM

                               

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.

RE: US Stocks - Watchlist and Discussion (Premium)

HMC is breaking below the 2013 lows



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isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.

RE: US Stocks - Watchlist and Discussion (Premium)

Shorted KMX at 44.52 as it violated its neckline at 44 earlier and appears to be providing a better entry price with this rally.

(2014-04-06, 11:46 PM)isatrader Wrote: There was slim pickings on the long side from Friday's scan, so all the stocks are for the breakdown watchlist - CTRX, FIX, CSOD, ANAD, AMZN, SGMS, MDSO, CIEN, TYL, KMX

(This post was last modified: 2014-04-08, 05:56 PM by goodtyneguy.)

RE: US Stocks - Watchlist and Discussion (Premium)

(2014-04-08, 05:00 PM)shaunattwood Wrote: Shorted KMX at 44.52 as it violated its neckline at 44 earlier and appears to be providing a better entry price with this rally.

Good looking chart imo, with quite a high short interest ratio (days to cover) of 5.8 better as an investor position than trader one.

   

RE: US Stocks - Watchlist and Discussion (Premium)

USTR is making a potential Stage 4A breakdown on more than 3x it's average daily volume, and weak relative performance well below a declining zero line. Attached is the charts.



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isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.

RE: US Stocks - Watchlist and Discussion (Premium)

A few watchlist candidates for the long side tonight after today's bounce in the markets - JOY, POZN, ECOL, JVA

               

And a few old South American favourites that popped up multiple times in the watchlist late last summer on heavy volume increases before they pulled back strongly in the late Autumn - GGAL, PAM, EDN, TGS

               

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.


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