Search results

MTW- Failed Cup/Handle Continuation Pattern 1. Prior trend- August 4th, 2003 started the uptrend for MTW with the closing price on that day being 8.47. The price went from 8.47 to a high of 54.66 on May 5th, 2006. The price then fell during what appears to be a correction after that...

QID Failed Triple Bottom Reversal 1. Prior trend- Long existing downtrend that lasted for several months 2. Three equal lows- Late Nov, Early Jan, Late Feb 3. Volume- Expansion of volume on the third advance. 4. Resistance break- Did not break resistance on the third...

BJ Services Co. (NYSE:BJS) calls active at low implied volatility on M&A chatter. BJS, a provider of pumping and oilfield services for the petroleum industry, is recently up $0.51 to $27.24 on unconfirmed chatter Halliburton Co. (NYSE:HAL) is interested in BJS. BJS has a market cap of $7.9...

If AMD does not turn around right now and breaks $13, then Im afraid the next stop is $10.00. After breaking that nasty head and shoulders pattern, the stock has a target price of $0.

It must get over 28.65 which is the intraday high set in February... 28-Mar-07 28.44 28.47 27.76 27.83 5,866,300 27.83 27-Mar-07 28.10 28.30 27.94 28.17 4,600,400 28.17 26-Mar-07 28.20 28.50 27.74 28.41 6,320,600 28.41 23-Mar-07 28.05 28.15 27.76 27.95 5,545,800 27.95 22-Mar-07 27.16...

I just looked at the chart. Two scenarios come to mind: 1) Thats a double top sell signal in the top Bollinger Band combined with a classic triple top sell signal over the last few months. It reached this level three times and the next stop is down to 24 dollars after it breaks the...

Whoops! Just checked. My trail stop triggered somewhere in the high 97 area. Hehe. TA isnt perfect but thats what stops are for...

The guy is right. Your research is worthless and here is why. The only way for you to know what is truly happening with the company is for you to be on the executive team. There is no other way of knowing what is truly going on. Whatever research you perform will not be 100% valid in the...

This was a good call.

Here is the master triangle set. Right now I am lighting up the candles in front of the statues of Fibonacci and will devote the next few minutes to bowing and praying.

Let me demonstrate to you why you shouldnt have goofed off in that high school geometry class. The 2005 low was 1.12 1.12X1.618= 1.81216 The 2006 low was 2.02. The 2005 high was 7.21 7.21X1.618= 11.66578 The 2007 high was 11.70. The 2006 low was 2.02. 2.02X1.618=...

You can stand there and be a doubter of Mr. Fibonacci, but watch how NYX goes to 100! I have 1500 shares that I probably will be powerdumping on the Cramerites right at one hundy! Then Im going to look to either get short or buy back in long. I'll re-evaluate my thesis then. I figure...

I want to practice my charting skills and technical analysis. Name a stock, any stock. One at a time please. I'll chart it out and give you the skinny. I dont warranty my work so you will have to take it "as is". Then we'll see what happens and see if the crystal ball I am using works...

Thats where your wrong. My trading business consists of one man and thats me. Im the CEO. As I said before, I really dont care what BRLC produces or what business model it operates under. They could be producing solar cells, cars or operating a strip club. I dont really care. Im...

When I decide to focus in on a certain equity, then I create a map of short, intermediate and long-term price targets. I also develop a master thesis. The map will change over time and the price targets will change as well...so will the thesis. I will create a chart of where and when I...

The institutions and hedge funds notice everything. If you notice the chart from June until December, the common surge and pull-back routine in the volume bars is telling. This tells me a player is taking a position. When I look through the SEC filings there is a list players listed like...

I dont like looking at fundamentals because the market doesnt really look at them. The market trades the way it wants to trades and only the chart can make any sense of it. However, I can read the financials. The financials show that this company turned in a loss the last 3 years. There...

Now here is part 2. I say it goes to 100 within the next few days and bounces back. Its in Mr. Fibonacci's hands now.

My friend. Look at my chart. Mr. Fibonacci tells me where this goes.

The DJIA just blasted through a key point. If it goes through 12267 then start being afraid. If it makes it through that point, then it will test even lower to the old lows. Lets hope it stays right here.