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And here......but a weekly.

Same here....another monthly view of some nice consolidation.

Though my primary focus has been to short resistance / buy support for the better of a year, I do buy breakouts / short breakdowns from time to time. This is a monthly chart. Not many out there that look like this.

Weekly view here.....will short at the upper parallel line.

I'm a bit late posting this and I'm already short at $39.50. I'll blow it for a loss on a hard push with volume over $40.00.

Another possible H&S in the making (hmmm...thinking back to MIK......looks similar). The low risk trade is to short at the shoulder highs with a tight stop.

There have been a ton that have looked like this lately.......a possible smaller H&S pattern. The low risk trade is to short here at the shoulder highs with a stop of a 1/2 or so. Sure, I get stopped out a lot trading these but it still has a decent risk / reward ratio and it doesn't hurt too...

Sheesh.....this ain't something I'll buy for my nephew's college fund. Hopefully, it'll pop up to the upper trendline to give me a lower risk "in." She's got risk longer term to the mid $30s. Here's what it reminds me of. http://www.downside.com/bldgjump.gif

Looks like a bearish wedge to me......I'll take a pilot short at the upper wedge line....currently around $81.50.

chasinfla, Thank you. I hope you had a great Christmas as well. Have a great year.

babe714, Particulary with these goliath's where the chart is parabolic, I'm personally trading them loose and small or not at all. I still have 200 of AVID short and see no reason to cover as it's at major resistance with no identifiable consolidation upon which to push it significantly...

Dennis, This applies to swing trading from the daily & weekly charts exclusively. Without that site, I'd be dead in the water. Subscribers are allowed to save ANNOTATED charts to a favorites list which saves me a ton of time personally. If I remember correctly, you can save 500 to a list. I'm...

Don't really know why I'm posting it since I'm already short, but I'm considering getting a bit more on a push up to the trendline.

I got burned for a small loss the last time I traded it. I'll look for some redemption on a push up to the stick highs with a smaller position and a tight stop.

Hmmm....I think I'd like to catch a short up around the stick highs.

I don't know when the stock market began. BUT, I do know all this crap I post has been used since it did. In other words, it ain't complicated. It's S-I-M-P-L-E. So, you wanna buy this if it busts over the parallel line (when I go short) and make me suck your knee caps? It may happen, but the...

I would have already taken a short in this had I spotted last week. Unfortunately, I didn't so here I sit hoping we'll get some sort of santa bullshit rally this week and it'll push back up to the upper trendline.

You wanna buy this breakout? Here's some advice before you pull the trigger....go read what Edwards & Magee think about a big "gap suck" like this one has. Maybe there's a CANSLIMER in the house who's stupid enough to push this up a bit further to give us smart traders a low risk in.

Can't remember who it was on here but they were calling for a breakout the last time it was at these levels. Sure, it might but longer term this dog points lower......much lower. As a matter of fact, pull the weekly views of some of your favorite big big cappers......WMT (eventually tanks to...

Yep, it's a little thin but what the hell. I won't be buying the breakout. Push on up little pig so momma can take a whack.