• Here are five more breakout plays. All of them are at or near or already in the process of breaking out. Keep in mind that in the short-term the market is getting overbought, and a lot of stocks could see consolidation/profit-taking, merely due to the market taking a breather.   

    By |Published On: December 13, 2010|0 min read|
  • Here are four breakout plays worth watching. I also went long on BSX this morning at $6.96 which is today’s long setup that I posted last night.  Here are the four breakout charts.

    By |Published On: December 10, 2010|0 min read|
  • I’ve seen a lot of these high-flying stocks, like NFLX, and others sell-off hard due to rumors about a CEO (i.e. Steve Jobs and Apple) or a resignation by another corporate executive (like what we have today with NFLX), only to see the stock quickly rebound within a few days or even the same

    By |Published On: December 8, 2010|1 min read|
  • Here is a list of some of the stocks that I am currently watching as breakout plays in this market. If the market can push ahead, these stocks should do incredibly well.  Here’s the breakout plays with charts.

    By |Published On: December 8, 2010|0 min read|
  • We’ve seen some weakness since the open – in fact there has been little incentive from the market to build on the day’s open. Right now, 1227 stands as the support level to watch for. If we break it, and close underneath the price level, I believe it greatly diminishes the euphoria behind this rally

    By |Published On: December 7, 2010|1 min read|
  • Can’t say I am overly thrilled about where I chose to enter in this trade (hindsight 20/20 is always a stinker), but I still believe the trade is still intact, despite my overzealous nature at times to get in trades earlier than I should. The chart is worth checking out, and perhaps you can benefit

    By |Published On: December 6, 2010|0 min read|
  • One of my early morning buys was in Baidu (BIDU), which gapped above ressitance and appears to be primed for a move higher in the coming days. Check it out for yourselves. Here’s my chart analysis on BIDU.

    By |Published On: December 6, 2010|0 min read|
  • Went long this morning Range Resources Corp (RRC) after watching it sport a very nice breakout pattern at $43.36.

    By |Published On: December 2, 2010|0 min read|
  • NVLS  is setting up as a nice breakout play with what appears to be a lot of momentum still left in the stock. The stop-loss is also very inviting, as the amount of capital that needs to be risked to the downside is minimal. 

    By |Published On: December 2, 2010|0 min read|
  • I’m pulling the trigger on one of the daily trading setups from a few days ago by going long on Monsanto (MON) at $62.93. I’m going to be much tighter with my stop-loss though by placing it at $61.20. If it goes lower than that, I’ll be out of the trade.  Here’s the chart

    By |Published On: November 11, 2010|0 min read|