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PLT Prior trend- It appears a volatility event in May 2006 caused a sharp gap down. There was a small reaction rally from there and then the equity continued in its next wave down. The wave down was very strong as the ADX line suggests. However, the reaction wave back up from 14.68...

GRC Prior trend- The stock appeared to have started a typical 5 phase Elliott run starting in mid July. In late December, it appears there was a volatility event that made the stock jump about 10 points. Then there was another volatility event in early February that made the stock correct...

I was coming home and listening to 92.3 in the NYC area. It was 9:45pm (tonight, Sunday) The DJ comes on to say that he found out the station was going to all Spanish at midnight tonight. He seemed very emotional stating that all the station employees were going to get laid-off. Then he went...

GOOG- The ADX, A/D lines, MacD and the tight Bollinger Bands suggest a large move is imminent. We just completed a triple top reversal and I believe the target price has been reached. The large gap to the left has been filled. I believe that a volatility event is imminent. The...

If you really believe that BRLC will be at 10 bucks shortly then you can buy the May 07 10s for 30 cents a share. 5 grand will get you over 16000 shares. That is, if your right about where the stock is headed. You can lose a lot more with this stock by simply buying the common or...

Here is the chart. That nasty head and shoulders says it all. AMD has a chance of going to 0 and heading into bankruptcy. Everyone has been dumping this stock like yesterday's news when looking at the OB Vol and A/D line. There is a weak gap back in 2004 that has been filled and is...

This is great. You went from a considerable loss to a nice gain in a week. This is reason why you should keep trading even when you have lost a lot. Although, that DNDN trade was *crazy*. When something bubbles up that high in the premarket, it usually will be found for a better price...

Rack is a risky game of chance filled with volatility events that create huge gaps in the chart. If you insist on spinning the wheel, then I say to mark the end and start points of all gaps on the chart. Then you see form a map of different pivot points. These pivot points can easily turn...

I say broken resistance turns into support. Go long between 7.5-8 dollar range. If price breaks through 7.5, then the next stop is 6.5. If price is able to break 8.64, then the next pivot point is mid-9s. Heavy resistance at 10. Need a volatility event to break through 10. Head and...

Chevron CVX- Primary/Secondary Trendline, Triple Top Reversal or Continuation, B.A.R.F. Since 2004, Chevron has been traveling up one main primary trend line that it always seems to get back to at one point or the other. Usually around the summer driving season, we see Chevron travel up a...

It didnt want to get above 28.50 today. When it hit the line, then it pulled back with conviction. To be fair, the $OSX was down 1% so that didnt help things out. Im afraid if it cant get above that line then we are not going to see 32 for a while. With the quick rise in oil and all the...

The RIMM chart I will have to place in the bearish slot. The rising wedge, the three notable tops, the large gap that sits staring at us on the chart, etc. However, there is a volatility event ahead (earnings call) that might suddenly change the chart. If the call does not go well, then I...

Someone pointed out one more feature of RIMM. That is the rising wedge pattern. Take a look...

second rimm chart

RIMM INCOMPLETE TRIPLE TOP REVERSAL OR CONTINUATION 1. Prior trend- The trend from July to November has been up. The price went from 61 dollars in June to 140 Mid November. 2. Three highs- Late November at 142, early January at 145 and 147 in late February. 3. Support break-...

If your looking for a double or triple, a highly speculative trading stock then I say look at the small/micro cap drillers/explorers that trade in the single digits. They can be found here: http://biz.yahoo.com/ic/123_cl_pub.html However, if your looking for more of a safehaven investment...

going to bed, be back tommorrow.

AMZN- This stock reached up over 100 during the tech boom and then went to the 5s in Sept 2001. Then it rallied to 59 dollars in Oct 2003. From then on its been setting lower highs and lower lows. While MU appears to me to be an ascending triangle on the macro level, AMZN appears to be a...

MU- This is part of the SOX index which is notoriously difficult to predict. The semiconductor industry is highly cyclical. The trick to this stock is looking at it on a macro-level and using technical analysis over many years to see the big picture evolving. Looking at the data we...

SWC- This company is a wreck. The price was range bound in the mid-90s. Then it soared during the tech bubble and crashed along with it. Now its back to 12 dollars after making a few trips up and down and visiting different levels. The 20/50 cross about every few months. I cant seem to...