Divergences

Quote from romik:

AAPL (NASD) Apple Computer, Inc

Current: $57.27
PT1: $61.00
PT2: $65.00
PT3: $70.00 (longer TF)
Stop: $47.00
4BLD!!! in MACD HIST/BLD in RSI on a daily chart attached

I really have a good feeling about this one making a nice rally any time soon, if fundamentals do not interfere with the technicals. BTW I know nothing about fundamental based investing, so these are pure TA calls.

http://finance.yahoo.com/q?s=AAPL
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PT3 hit today ($69.99), position closed.

Profit: +12.18% based on scaling out, though 22.21% could be gained if one was simply holding (no scaling out).
 
Quote from Buy1Sell2:

Looking good!!
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thank u, there are better set-ups out there, i am certain, a divergence scanner would help, these were just random picks.
 
Quote from romik:

CPB (NYSE) Campbell Soup Co

Current: $36.98
PT1: $36.00
PT2: $35.00
PT3: $34.00
Stop: $38.50
BRD in RSI/MACD HIST/CCI on a daily chart attached. Looks perfect BRD confirmed in 3 indicators. Weekly supports the short by inverted long shadow doji


http://finance.yahoo.com/q?s=CPB
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Exit @ entry

+2.65%
 
This will be the next contender. There is a developping BRD on daily in HIST, could be either an A Class or a B Class. It is not quite there yet.
 

Attachments

EBAY (Nasdaq) Ebay Inc

Current: $24.20 1/2 position size to allow for possible averaging
PT1: $27.50
PT2: depends
PT3: N/A
Average down: $22.83
Stop: ~$21.00-.50
BLD in MACD HIST on a daily chart attached, though weekly is still pretty bearish, this might turn out to be a rather short-term play.

http://finance.yahoo.com/q?s=EBAY
 

Attachments

Though I am short ES right now, I will not cancel long calls based on BLDs. If my decision/timing is correct on ES, than it would be interesting to see how the remaining stocks with divergences "behave". EBAY was showing some signs of life on the long side, I think that divergence (shape-wise) is really cool and the timing was pretty good as well. DELL, DELL, DELL...where are you heading? T is still looking great for a short. CAL is another great short in the making. AIT that is a total bitch so far, but - We will see.
 
Quote from romik:

AIT (NYSE) Applied Industrial Technologies Inc

Current: $24.31
PT1: $25.00
PT2: $26.00
PT3: $30.00
Stop: $20.50
BLD in MACD HIST on a daily chart attached
Weekly chart is in an uptrend and recently oversold, which is clearly seen in CCI

http://finance.yahoo.com/q?s=AIT
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Looks like I f...ed up here, as PT1 been reached and I have forgotten about it.

Therefore 50% position exit @ $25.00 and the remainder exit @ entry.

PnL: +1.42% (+2.83 if not scaling out)
 
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