[charlie_brown]

sorry for that, I re-saved this chart in jpeg and it is approx. 160KB. is it ok?
I tried Image Optimizer, but was unsatisfied with results.

No, that's too big still. As that's the equivalent of 8 images posted by everyone else. The tinypng link is your best bet if you don't have photoshop. But you can also reduce the file size by reducing the size of the image as currently it's 2562 pixels wide. Which is almost double the majority of people's screen sizes that visit the site. So try taking that down to a max of 1400 pixels and save as png-8 format if you can.

ok, thank you.

[pcabc]

ok, thank you.

This may or may not be helpful to you, I use pngquant:
https://pngquant.org/

Code:

https://pngquant.org/

[isatrader]

Attached is the stocks for the US long watchlist from Friday's scans:

WNS, STRP, RVNC, MNGA, GLOB, EMKR, ERI, CRTO, CSCD, ABCD, BONA

   


To see the daily watchlists in the Elite Board - register for free here: http://stageanalysis.net/forum/member.ph...n=register and get a one week free trial to the Elite members board.

[Amedee]

Some of the recent shares mentioned here have pulled back significantly, including SQNM and CY.
I've just gone long SQNM at 4.05 and thinking about buying CY. Any thoughts?

CY is below the 30 week MA currently and 50 day MA. So personally I'd be wary until it can get back above those. Or make a Stage 2A breakout on the intraday 2 hour chart, which would be a close above the 13.8 area imo. See attached

I have a 'broken' position in Cy because of the recent pullback.
But I am still positive about it. Working with P&F charts, we note that the first sell signal in a uptrend, is very often a buy signal! It broke the so called blue dotted bearish resistance line in the following print screen.
   
Above that, one of my favorite 1 box reversal patterns comes in to play: a downtrend > congestion > mid pattern rally fulcrum > congestion and testing the lows > fulcrum breakout.
1 box reversal chart CY
And then of course, I think there was an important stage 2 (second attempt) breakout @ $11 and above $12.
   
On the other hand, this is a lagging stock who's relative strength against his peers is no good. But the sector (semiconductors) is still favored. The price objective is $28,5. One can compute the reward to risk when you know your stop loss...
I will add to my position when it triggers $14. For me the RR is about 7 so it is worth the risk...

I had some troubles adding attachments to this post. First with the iPad, then also with my pc. I see the attachment in 'my attachments' but I can't add them anymore to this post. Reason why one of the attachments is a URL link...

[shaunattwood]

I bought 500 CY at 12.7 because the 150 day is motoring straight up and the volume has been exceptionally heavy since the breakout 6 months ago. MACD has done a recent positive crossover and money flow is solid. Shares often pullback to the 150 day, which diminishes their RS short term, but I quite like buying pullbacks like this one and I'll hold as long as it doesn't break its recent low.

SQNM looks weaker than CY, but I bought more at 3.61, with a stop loss at 3.39, so I'm only risking a bit.

I even bought some TWTR today at 37.25, which lacks all of Stan's checklist, but has done a superb MACD crossover and with a market cap of $24 bill versus FB $227 bill something has to give. The 2 previous MACD signals on TWTR were followed by gains of $25 and $15.

[isatrader]

For the US long watchlist - TSNU, NMR, MOMO, LDRH, HDP, EHIC, UCBI

                           

[Amedee]

I bought 500 CY at 12.7 because the 150 day is motoring straight up and the volume has been exceptionally heavy since the breakout 6 months ago. MACD has done a recent positive crossover and money flow is solid. Shares often pullback to the 150 day, which diminishes their RS short term, but I quite like buying pullbacks like this one and I'll hold as long as it doesn't break its recent low.

SQNM looks weaker than CY, but I bought more at 3.61, with a stop loss at 3.39, so I'm only risking a bit.

I even bought some TWTR today at 37.25, which lacks all of Stan's checklist, but has done a superb MACD crossover and with a market cap of $24 bill versus FB $227 bill something has to give. The 2 previous MACD signals on TWTR were followed by gains of $25 and $15.

- CY @ 12.7 is a low risk entry I believe. Where do you have your stop loss?
- SQNM is sector Biomedics. The sector is no longer 'favored' according to my information from DWA. I only buy in favored sectors and I sell sometimes when the sector moves from favored to unfavored.
- TWTR: I sold @50 (bought some puts strike 50 just before earnings). Will it be bottoming already? Sector still favored though. But I don't see one of my favored strategies in it so I rather leave it aside...

Good luck with the trades,

[shaunattwood]

I'll sell CY if it closes below 12.50.

---

Amedee,
Just looked at the biotech index, BTK. It looks like a super bullish sector using Stan's criteria.