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$36.4, it is very close to a short entry, wait for the resistence is established and confirmed.

I hope you're doing okay or covered your short position as the charts suggested. ASF is trying to fill that $36s gap after $34.20 resistence was passed. Maybe you can short it again after the gap is filled and meet the upper trendline.

Okay, sold the DNDN calls and sold the stock (bought in premarket). I think I should just be happy and relax for the day, don't overtrade. May buy back some calls on a hard dip.

DNDN premarket is over $18, crazy :-)

QID 30 minutes, ADX cross-over. Last sell signal was formed two days ago. Buy signal is forming (not finished). When it is trending, ADX lines hook to the top or bottom. Maybe I should trade 30 minutes chart and do swing trading on the signals, it can save me a lot more on commissions, but...

Thanks for sharing your setup, looks like it worked for you like a charm. I have HMA30 and WMA - 34 and 60 on my CCI system. I use several HMA-based ADX cross-overs to generate these buy/sell signals as you saw on my charts, often it works well when the stock is trending or with momo volume...

Farooq, Thanks so much for the link. Very interesting and it's a very active board. I'll lurk and read the board. Interesting enough, a few years back when I trade futures, I studied Woody's CCI and Dr. Bob's CCI extensively, eventually, I developed a CCI trading system. I did well when...

I wish I could find a place to discuss potential plays and exchange ideas with some intelligent traders. Plan ahead and make $$ together. I've been in several chat rooms, but most talks in these chat rooms are B.S. Few constructive discussions. I am wondering if ET has any good thread to...

DNDN chart again. Very solid support @ 15s. Notice the volume change signal on yesterday's candle, it is just the opposite of the blue candle when it was topped, selling exhaustion (bottom) vs buying exhaustion (top), from the chart, I see it could go to $19 before the FDA decision.

Not sure if any bought SNEN yesterday. SNEN dropped to $2.31, right at the last support. Today it has been traded at $2.60 forever with almost one million shares, no idea what's going on - accumulation or distribution? I've not looked at its charts.

Thanks DNDN for another great day. Sold its June $20 calls (+UKOFD) when DNDN popped up. Bought these calls back in the last hour. I expect DNDN to make another run tomorrow. I made a little bounce play on SOHU. I should have banked on ASF. I studied its chart last night and knew it was...

Since you mentioned this is a swing trade and with a tight stop. Can you reshort it at higher prices if you stopped out? If I were you, I would put an even tighter stop at $34.55 to protect from further loss. Chances are, if it can pass $34.4, it could go much higher. If it goes to $36s and...

SOHU earnings is out and down $2.4 to $23. Looks like my four $25 calls will be toasted. Well, win some and lose some, glad took out some profits yesterday. SOHU is certainly not following some of other Chinese ADRs.

Today - most gains were made from my overnight holdings on DNDN stock and the QQQQ puts. Made little on AMZN. Clearly, think ahead and plan the trade is the way to go. Bought some SOHU calls, I hope SOHU have good earnings tonight. Today: Yesterday:

Right at resistence $61.50:

Many shorts jumped to the boat, they're pushing it to 30 period MA - right now at 61.40s.

Went short on this pop to 60.95: http://charts.dacharts.com/2007-05-01/smallcaptrade_98.png

Here she goes, broke the support. http://charts.dacharts.com/2007-05-01/smallcaptrade_97.png

May $65 puts (+ZQNQM) maybe the best bet so far, the permium is not much @ 4.50 (AMZN is at $61 now).

AMZN technicals have not changed much on the hourly chart, still pretty weak. 30 period WMA - the resistence, 60 period WMA - the support. Whenever it hits 30 period WMA, the price starts to fall, whenever it nears 60 period WMA, the price starts to bounce. Something will happen when both MAs...