Recent content by istock

Something big is coming up.

I agree, EXP has a very strong and clear reversal.

I haven't bought it yet. I just spot the stock from my scans. I am planning on entering at $71 within the next 5 days if it gets there.

The uptick 6 days ago carries a huge volume. It is very probable that the bulls will win the battle.

Just for discussion, anyone has any experience trading stocks that has a lot of gaps? Do these stocks behave differently from the normal ones? Here is a gappy cup with handle:

Nice pop today. Not sure if the uptrend is sustainable though.

Isn't TXI a little bit late to enter? The stock has already gone up so much.

Ok I am learning to see the story behind the charts. Actually I manually went through hundreds of charts and found the following to be visually appealing: NI ATI I understand that chart reading is an art rather than a science. I welcome all kinds of constructive criticism and...

To My2Cents: How does this chart (PPL) look? The volume very clearly matches the chart pattern. Also, volume wise, DYN looks pretty good as well:

Wow, that was really eye opening. So what you are saying is, the volume should match the pattern of the price. As in the following chart? In fact, SONS is up 9% since it broke out on 11/20/2006. Is it too late to enter now?

Here is another stock that shows similar pattern. A seemingly double bottom with a cup and handle setup. It looks like for this one the bearish volume has dried out (around October) and the bulls are taking over.

It is a good buy as long as it stays above the lower trend line (points to around $41).