• I got long this fine beauty of a chart today at $104.66. Hasn’t done much for me in the past few hours, but the chart pattern and setup is undeniable and one that I am constantly on the prowl for.  The box breakout is one of my favorite patterns…particularly when it merges with an ascending

    By |Published On: July 9, 2013|1 min read|
  • The charts sum it up pretty clearly… LONG: Verizon (VZ) LONG:Tenet Healthcare (THC)

    By |Published On: June 27, 2013|0 min read|
  • Visa (V) trading outside the box Stock: Visa (V) Long or Short: Long Entry: $182.15 Stop-Loss: $176.25

    By |Published On: June 26, 2013|1 min read|
  • Two Bounce Plays that Setup Nicely Activity on the street has turned completely bearish, and everyone is still talking about last week's news. But what happens when that becomes a distant memory, with no new news to sustain it.  I could be wrong, but I don't believe the Fed is going to say anything near-term

    By |Published On: June 25, 2013|1 min read|
  • Playing the Pharmacyclics (PCYC) Bounce Stock: Parmacyclics (PCYC) Long or Short: Long Entry: $80.56 Stop-Loss: $77.78

    By |Published On: June 24, 2013|1 min read|
  • Green Mountain Coffee (GMCR) Ascending Triangle Stock: Green Mountain Coffee Roasters (GMCR) Long or Short: Long Entry: $81.28 Stop-Loss: $78.28

    By |Published On: June 19, 2013|1 min read|
  • Big day for the market today – breaking above the 1648 level was key. Now they just need to hold it until the close. If 1648 and more so, the 20-day moving average, breaks  then this market will be in the same condition as it was for the past month.  With that said, I’ve added

    By |Published On: June 18, 2013|1 min read|
  • I'm a huge fan of trading Ascending Triangles.  What are they exactly?  Let's take a look at the Ascending Triangle Pattern I found posted on StockCharts.com... Notice how on all six points it bounces perfectly off of the resistance overhead and the rising support below.  If you are a new trader these are some of

    By |Published On: June 17, 2013|1 min read|
  • Here is a trade that I made in RKT this morning.  What you will want to observe here is just how simple the setup is, and more times than not, with a little bit of risk management at your disposal, you can consistently profit from this trade setup.  My Entry on this setup was

    By |Published On: June 13, 2013|0 min read|
  • I know being long these days isn’t the “cool” thing to be over the last half month or so. But there are still some excellent swing trades out there.  Two Swing Trades To Consider: 

    By |Published On: June 12, 2013|0 min read|