Weekend Charts 5-19

  A few quick charts for the weekend update, I hope by next weekend to be back to a more regular, less crazy schedule    Webinar this Wednesday 8pm est. 95% done moving, new office setup ( needs some organizing ), pony still at the vets after surgery last week…hopefully coming home tues/wed……then 6 weeks of recovery, and emergency call to the vet this morning for Abby….she’s still there….. ………sheeeww.  So how was your weekend ??  BIDU, flagging, long biased on a move over last weeks highs. CTSH, set a lower high, long biased as long as support holds. DECK, ...Continue Reading...

Chart Updates 5-14

  Lots of opportunities everyday …..it’s great, try to focus on the the setups that work for you…….if you miss something more setups will come.  The strength in the market is impressive, of course we can pullback at any point, so keep that in mind, but that being said more and more charts are really setting up well to the long side. APOL and ESI both off the weekends scans making very nice moves today. FNMA finally got the break up thru the $1…..it closed on the hod, 1.47 is  52 week highs from earlier this year…….I have included a weekly ...Continue Reading...

Weekend Charts 5-12

SINA, long biased off pulls, a close above $60 and it will probably want $70.  SZYM, long biased off pulls. ACTV, after a few days of consolidation this looks ready to move higher again, resistance at the 200 day ma. APOL breaking up and volumes ticking up, long biased. ESI, same space as apol…….also looking better , on watch for a push thru the 200 day ma. MCP, very nice move friday…..AVL and REE followed……long biased. BAC setting up in a bull flag, may need a few more days, but watching for a break higher. BCOV on watch for a break above $8 CLF ...Continue Reading...

Chart Updates 5/8

New baby sheeps at herding class………..they are CUTE !!! I am working on this before the close, so prices are not todays closing prices… FNMA nice move today……..long consolidation around that .80 area….on watch for a possible break back over $1 over the next few days. FNMA weekly DANG  acting well, long biased. APOL, starting to tighten up in the triangle,  on watch for a break of the trend line. BG on watch for a possible break higher here. CLF and WLT 60 min charts, tweeted these out earlier today, finally coming off their bottoms and acting well. long biased off ...Continue Reading...

Weekend Charts 5-5

  Well after pulling nicely Wednesday the bulls took the ball and ran to new all time highs.  We are slightly overbought on the 60 minute time frame, I suspect it will unwind by consolidating sideways, the strength in the market is impressive. ACTV, had this one on watch from the webinar last weekend and it finally got moving Friday………long biased. BCOV, consolidating after a gap up…….long biased here as long as $7 supports. EDMC has held up well, lower volume, but starting to look like a bull flag setting up, on watch for a break higher. EOX, one from last weekends charts, finally ...Continue Reading...

Chart Updates 5-1

Headed over to the property this afternoon and checked on the Great Horned Owl nest and look what was finally peeking over the edge……not a great picture, but to be sure more will follow SPX 60 min chart, getting some pullback off the top…..I will be watching the 1575 area, do we get some support there or blow down thru it??  Today is the first time in a long time that I have had more short setups than long setups that look good. $RUT daily chart…….getting hit…..potential right shoulder forming. BCOV….nice break up today, will see how it acts on a ...Continue Reading...

Weekend Charts 4-28

  Webinar tonight 8pm est. SPX 60 min chart….watching the 1575 area to see if it supports or do we break thru lower. BEBE…..nice base in place , long biased. CALI, nice push off the 200 day ma, on watch to see if it can get thru the 50 day ma. CIMT acting better, interested long thru Fridays highs. EOX…….$6 has been supporting, on watch to see if it can push thru the 50/200 day area. LEDS,nice one from Thursdays charts…..on watch for more. MITK, still like this chart….. MM, 60 min chart, long biased.  NTE, breaking down thru the 200 day ma…..ss ...Continue Reading...

Chart Updates 4-25

  SPX 60 min chart, watch the upper trendline….. BODY on watch for a move and close above $10. BPI on watch, long biased CMGE , low floater, low volume spec play, it’s consolidated for awhile now, see if it can finally push higher. ACTV…..still watching this for a move higher. ESI, nice break up today, long biased off pulls here. LEDS, interesting to the long side thru 1.60ish ...Continue Reading...

Chart Updates 4-23

  I am doing a webinar this Sunday 8pm est so start sending in your questions and chart requests. SPX 60 min chart….lots of back and forth here, we are getting  alittle overbought here on this timeframe, watching for a possible head and shoulders here to form , but so is everyone else…….which means it will probably fail and we will continue higher. ACTV , like the look of this, long biased. BPI, inching thru the 200 day ma. CBEY, starting to inch higher. EDMC up thru $5 and an uptick in volume, long biased. SFLY getting close to breaking out ...Continue Reading...

Weekend Charts 4-21

  The markets getting an oversold bounce, let’s see how far it gets…….I am most interested to see if it gets to the 1570/1575 area and how that’s handled . CBEY still looking interesting here to the long side if it can break up thru resistance. CLF, beat chart on watch for a bounce. EDMC, another one off last weekend’s setups still looking good, lower volume, but see if it can get moving up thru $5.   One sector that is looking very good it Natural Gas, new highs last week, this is a longer term chart. UGAZ is a leveraged way to play this. ...Continue Reading...