Triangle, base, flag

Free stock recommendation

Symbol: SGR

Sector: Industrial Goods
Industry: Waste Management

TRADING PLAN

Entry price: under $49.00
Stop price: above $49.43 (day trade) or 50.61(swing trade)

Target area: $48 for day trade – open for swing

Chart explanation:

I love when I find support on several time frames for possible setup. That is case with SGR. We can see on the 30 min chart that SGR forming bear flag what is opportunity for day trade, but it is also opportunity for swing trade because of daily bear flag and third try to break down. If day trade will work that can be trigger for swing trade what could increase risk reward on high level. On the weekly chart SGR forming triangle what is another opportunity for longer swing trade. This is example where all kind of traders (fast, day or swing) can use same stock charts.

Kind regards
Ivica Juracic

http://www.ivicacharts.com/diagrams/2008/05122008sgr15.jpg
http://www.ivicacharts.com/diagrams/2008/05122008sgr.jpg
http://www.ivicacharts.com/diagrams/2008/05122008sgrweekly.jpg
 
Trade recommendation

Symbol: DDR

Company Profile:
Developers Diversified Realty Corporation (DDR) operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers.

Sector: Financial
Industry: REIT-Retail

Chart explanation:

It is first time that I will use DDR for position trade and for chart of the week column. Reason for that is DDR possibility to be used as day, swing and position trade. That mean we can use day trade trading plan what can turn in to swing or position setup and that could increase risk/reward to really high level. It is just important to use proper trading plan. For swing trade it is explained on the site in the chart of the week column and we can use it. If 60 min triangle will be broken to upside direction DDR will stay on watch list for swing or position trade until will stay in the pattern.

http://www.ivicacharts.com/diagrams/2008/05192008ddr60.jpg
http://www.ivicacharts.com/diagrams/2008/05192008ddr.jpg
http://www.ivicacharts.com/diagrams/2008/05192008ddrweekly.jpg
http://www.ivicacharts.com/diagrams/2008/05192008ddrmonthly.jpg

If anyone will have any question about DDR setup or about any other please feel free to contact me.

Kind regards
Ivica Juracic
 
Hi all,

Hope that you all who follow this little topic had nice time with DDR. I gave it before several days and DDR has setup at 05/19/2008:

www.ivicacharts.com/diagrams/2008/05192008ddr.jpg

That was setup chart. If you remember I told that DDR is great for intraday setup and also big risk reward possibility. It had nice 60 min, daily, weekly and monthly chart and we could use it for day, swing and position trade. Well, day and swing reached targets and position is open.

Look at it now:
www.ivicacharts.com/diagrams/2008/05282008ddr.jpg

It is around equal move and $40 area is broken. With many bad market signals and news I believe that position trade look good and I will follow that one for more swing and day setups. If anyone will be interested for them always can contact me or for more other setups and explanations. Remember that when some chart have position potential, then it is always good to stay in focus.

Hope you all doing well and wish you all best.
Ivica
 
Trading plan: STAR - Long trade

Date entry. 05/27/2008

Entry price: $16.05
Stop price: $15.70

Exit date. 05/30/2008

Exit price: $17.45
% results: 8.72
Result: $1.40
Risk/reward: 4.00


Setup chart:
http://www.ivicacharts.com/diagrams/2008/05272008star.jpg


STAR was swing setup on the watch list from 05/27/2008. I liked action because despite of market weakness START stayed strong and had “own way” what improved few days after when broke up and gave us very nice profit. Chart of the week, position trade etc is updated and if you interested you get more. This is my classic trade move-rest-move. It is great education example that even in weak market we can find good strong setup. Look how 10 and 20sma can be good trading tool.
Wish you all great trading this week.

Exit chart:
http://www.ivicacharts.com/diagrams/2008/06022008star.jpg


If anyone will have any comment or question please feel free to contact me.

Kind regards
Ivica Juracic
 
Symbol: NKE

Sector: Consumer goods
Industry: Textile – Apparel Footwear & Accessories

TRADING PLAN

Entry price: above $70.25
Stop price: under $66.00

Target area: open

Chart explanation:

NKE holding very nice during market weakness and showing “own way” what is always best for us. On the weekly chart NKE consolidate at highs what result with monthly continuation pattern. I will look for another (3rd) try to break above $70 area. Equal move and number area is $80 area and that will be initial target area, but as always all depend on breakup volume and pace. Stronger pace and bigger volume = more odds for bigger move. It is simply setup, I will say my classic setup: move-rest-move, but it is always very important to analyze all time frames and have whole picture before setup.
Those who want more examples or have any question or comment about NKE please feel free to contact me

Kind regards
Ivica Juracic

http://www.ivicacharts.com/diagrams/2008/06092008nke.jpg
 
Symbol: NKE

Company Profile:
NIKE, Inc., a consumer products company, engages in the design, development, and marketing of footwear, apparel, equipment, and accessory products worldwide. It designs athletic, casual, and leisure footwear for men, women, and children

Sector: Consumer goods
Industry: Textile – Apparel Footwear & Accessories

Chart explanation:

NKE is in the uptrend on the monthly chart. After reversal to 20sma (blue line) and bounce to new highs, last several months NKE consolidate at highs what we can clearer see on the weekly chart. We can Use NKE as swing and position trade and that mean I will use swing stop for possible position move. We can see that 10sma is very important trend support area and I will use it to trail stop,
If anyone will have any question about NKE setup or interested for more setups feel free to contact me.

Kind regards
Ivica Juracic

http://www.ivicacharts.com/diagrams/2008/06162008nkew.jpg
http://www.ivicacharts.com/diagrams/2008/06162008nke.jpg
 
Nice thread you have going here - something not too common on ET. I enjoy reading your charts and analysis. Keep up the good work.
 
You must log in or register to reply here.
Back
Top