• I love breakout plays in the short-term that also form long-term ascending triangles in the long-term. They are incredibly reliable plays.   I got in JCI at $35.22, with my stop-loss at $34.25. As long as we don’t fall below the breakout level as shown below, we should be good to go in the

    By |Published On: May 6, 2013|0 min read|
  • You have a number of developments working in Wabash National’s favor (WNC). First you have the down channel broken, followed by a confirmed inverse head and shoulders pattern in the short-term. But the longer-term looks bearish However, I really do not like the longer-term double top as weel as the run-in that price is currently

    By |Published On: May 6, 2013|1 min read|
  • Here are three long setups that I am watching today, and considering jumping into before the end of the day:  Long: BGC Partners (BGCP)

    By |Published On: May 2, 2013|0 min read|
  • I got into CMG yesterday and despite it being a bit lower than where I got in at, I am  still marveling at the chart pattern here. If it breaks out and starts trending higher, there is a good chance, it could be hitting $400 in short order. Chipotle Mexican Grill (CMG) once it starts trending,

    By |Published On: April 30, 2013|1 min read|
  • Taiwan Semiconductor (TSM) has a near perfect Fibonacci retracement Stock: Taiwan Semiconductor (TSM) Long or Short: Long Entry: $18.37 Stop-Loss: $17.87

    By |Published On: April 25, 2013|0 min read|
  • VimpelCom (VIP) at a crossroads and major support.  I know we are off our highs on the session, and the notion is to get short intraday, but don’t be surprised if this market still finishes close to the highs on the day. I expect it quite honestly. As a result I ahve already added VimpelCom

    By |Published On: April 23, 2013|0 min read|
  • Dupont Fabros Technology (DFT) breaking out of bull-flag Stock: Dupont Fabros Technology (DFT) Long or Short: Long Entry: $25.55 Stop-Loss: $24.95

    By |Published On: April 22, 2013|0 min read|
  • Nice bounce but doubt lingers about its legitimacy The belief the market will get bought up and be back at its highs in short order isn’t as strong as it once was. We’ve seen a lot of heavy selling in recent days, and the economic news hasn’t been too hot either.  I am bias towards

    By |Published On: April 19, 2013|1 min read|
  • Weight Watchers (WTW) is ready to splurge Stock: Weight Watchers (WTW) Long or Short: Long Entry: $41.75 Stop-Loss: $40.67

    By |Published On: April 16, 2013|0 min read|
  • Pre-market update (updated 9am eastern): European markets are trading mixed & flat. Asian markets traded -0.4% lower. US futures are significantly higher ahead of the bell. Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45am), Consumer Price Index (8:30am), Housing Starts (8:30am), Redbook (8:55am), Industrial Production (9:15am) Technical Outlook (SPX): Huge sell-off

    By |Published On: April 16, 2013|2 min read|