TA Charts

HSKA - Go Long?

2007-07-08T17:49:00.001-06:00

Moniker: jmar
Symbol: hska
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: tat could you look this over, go back to june 13th through july 7th, do you think this looks pretty decent?

HSKA is in the biotech sector. Since the first mention of this stock, it has looked good and continues to do so. It never got back far enough to buy in based on the analysis we did a couple months back and my thinking is that it may take another month or two before it builds up enough steam to really break free. If so, we should see another chance to buy in around the $2.00 to $2.10 area. Since the June 13th to current time frame it has built out a nice pattern but there is so much volume sitting at those highs at $2.79 that I don't know if this move higher can get through that area just yet. If you like this longer term, which it seems you do, taking a little here is OK but look for one more retrace to buy more substantially would still be my opinion.

RAME - Go Long?

2007-06-23T10:28:00.000-06:00

Moniker: jmar
Symbol: rame
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: tat heres one where the 50ma is cutting through the 200ma, took off in the last 2 to 3 minutes of trading , amazing setup, would you check this one out thanks

RAME is an independent oil and gas company although it shows up in my books as being in the diversified investments sector. Not sure why but that changes the sector rating in the cube as the oil and gas sector has been bullish throughout the time frames. . If we look at the chart, we see a good setup. Eventual target looks to be the $6.5 area with resistance overhead at $5.7 that it is magnetized to now. There was a lot of rebalancing on the indexes on Friday and that may speak to the volume spurt we saw. The ideal entry is back towards the break of the trend line. Consider that a stop out area as well as those tops around $4.9 should provide support on any retrace now. There are nice signs of strength here. I would look to see if it can actually break over the $5.8 area immediately. If so, then an entry on the next retrace from above that point back to the $5.4 area would be a good place to start adding. If it can't break above, then the ideal entry point may be the setup instead. A little patience here and we will see what the stock tells us as to where to enter.

======================================================================
Symbol = RAME Exchange = NASDAQ
Sector = Diversified Investments
======================================================================

FUNDAMENTALS
Short Interest = 0.00%
Earnings Date = No Date Set
Beta = 0.00
PE = 1069.2
1/2 yr Avg Volume = 210500

Institutional
Buying = 5462 Selling = 566 Holdings = 22.8%

EPS Current Quarter = -0.02
Previous Quarter = 0.03
2 Quarters Ago = 0.13
3 Quarters Ago = -0.13
4 Quarters Ago = 0.36
Percent Change Last = -100.00
======================================================================
TECHNICALS
Stochastics =Bull X MA MACD = Bull

TRADING CUBE TRENDS
TIME FRAME STOCK SECTOR NASDAQ
======================================================================
2 Weeks Bullish Sideways Sideways
3 Months Bullish Sideways Sideways
6 Months Bullish Bearish Bullish
12 Months Bullish Bearish Bullish
24 Months Bullish Sideways Bullish

MPZ - Go Long?

2007-06-22T05:34:00.000-06:00

Moniker: jmar
Symbol: mpz
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: tat would you look this one over thanks, it has made a huge move so right now im just waiting to see how far this will correct

MPZ trades in the computer peripherals sector. Looking at the cube, we see a change slow shift in this sector and this stock mirrors that change over the past six months. The big high volume spike shown on the chart I suspect was associated with earnings (I didn't look it up) and that becomes the benchmark going forward as you can see the long term trend line now comes in around the same area as that high. . So far, on a long term basis, this is nothing more than range trading. What's needed is a break above the $2 level on high volume and for prices to stick. At that point, a retrace back to the $1.25 level would provide a great entry point for a long term trade. With earnings season coming up you could see that occur.

======================================================================
Symbol = MPZ Exchange = Russell
Sector = Computer Peripherals
======================================================================

FUNDAMENTALS
Short Interest = 1.03%
Earnings Date = No Date Set
Beta = 0.00
PE = 0.0
1/2 yr Avg Volume = 0

Institutional
Buying = 192 Selling = 98 Holdings = 2.5%

EPS Current Quarter = -0.41
Previous Quarter = 1.24
2 Quarters Ago = -3.33
3 Quarters Ago = -2.11
4 Quarters Ago = -0.66
Percent Change Last = -100.00
======================================================================
TECHNICALS
Stochastics =Bear MACD = Bull

TRADING CUBE TRENDS
TIME FRAME STOCK SECTOR Russell
======================================================================
2 Weeks Bullish Bullish Sideways
3 Months Bullish Bullish Sideways
6 Months Bullish Bullish Sideways
12 Months Bearish Sideways Bullish
24 Months Bearish Bearish Bullish

FEEC - Go Long?

2007-06-13T05:17:00.002-06:00

Moniker: jmar
Symbol: feec
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: has made a very nice move since june 5th when the 50ma crossed the 200ma, right now im just waiting for this to correct maybe once it touches 1.52 on a weekly chart

FEEC trades in the energy sector and shows promise as it's completing a nice rounded bottom here. . What's most interesting is that you have two levels of support and some over head resistance right above so you would expect it to come into those support levels giving you a buying opportunity. The real resistance lies arond $2 so if you can pick it up for $1.2 or so and shoot for the $2, that's a nice trade. It shouldn't trade below $1.05 or so now.

ALLI - Go Long?

2007-06-13T05:17:00.001-06:00

Moniker: jmar
Symbol: alli
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: looking for an entry, should i wait and see if this will close and trade above 5.34, or 5.28?

ALLI is in the health services sector. If we look at the chart, it's showing a huge range that spans from about $4 to almost $8 where this stock has traded over the year after getting whacked hard late summer last year. The more that I look at this, I can see how, on an intermediate term basis it could make sense and I've annotated the chart to show that. What I don't like is there's no real sign of strength. It's one thing for the buyers to be exhausted, but another for some buyers to step in. You need them to get back to the target and so far they are missing from the chart. As a result, this could take a long time to play out.

======================================================================
Symbol = ALLI Exchange = NASDAQ
Sector = Specialized Health Svcs
======================================================================

FUNDAMENTALS
Short Interest = 5.42%
Earnings Date = No Date Set
Beta = 0.00
PE = 40.1
1/2 yr Avg Volume = 84600

Instutional
Buying = 1335 Selling = 1488 Holdings = 70.2%

EPS Current Quarter = 0.01
Previous Quarter = 0.02
2 Quarters Ago = 0.06
3 Quarters Ago = 0.04
4 Quarters Ago = 0.07
Percent Change Last = -51.21
======================================================================
TECHNICALS
Stochastics =Bull MACD = Bull X Up

TRADING CUBE TRENDS
TIME FRAME STOCK SECTOR NASDAQ
======================================================================
2 Weeks Bullish Bearish Bearish
3 Months Bullish Bullish Sideways
6 Months Bearish Bullish Bullish
12 Months Bearish Bullish Bullish
24 Months Bearish Bullish Bullish

SLG - Go Short?

2007-05-11T08:26:00.000-06:00

Moniker: RabbitDad7
Symbol: SLG
[X] Entry
Duration: Intermediate
Direction: Go Short
Comments: The chairman of real estate investment trust SL Green Realty Corp. sold 271,112 shares of common stock, according to a Securities and Exchange Commission filing.

SLG is a REIT. As noted above, the thought is that if the chairman begins selling, then others might want to do the same. I've never followed this type of trading decision making close enough to know what works and what doesn't. Regardless, lets look at the chart for some clues which actually provides a lot to look at. The first thing that catches my eye is that there is now a nice natural resistance area back at those Nov highs from last year. That'a good place to try and get a short off at. Stop goes above that. So short around $141 to $143, stop out at $144.34 or so. Target is $117 eventually, $126 to start. Risk/reward looks good and there is an apparent loss of interest in this stock currently it appears.

MEK - Go Long?

2007-05-11T05:22:00.000-06:00

Moniker: jmar
Symbol: MEK
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: tat if this can recover from this huge setback (5/10/07) today do you think this might eventually be a good one?

MEK is in the business services sector. The stock has been basically building out a large base from the $10 to $20 range. I've pulled a 5 year chart to see the bigger picture here.

Basically, it looks like it is base building to me in a wide range. It could come all the way back to that $9 level in a short order and it wouldn't be a totally broken stock if it traded as low as $6.50 or so either. It came from $2 to $20 in a year. It's worth looking at around the first level of support. If that breaks on volume, I'd step aside and look again at the second support level. If it's really range bound, then the first level support at $9 is a good buy.

HSOA - Go Long?

2007-05-10T05:44:00.000-06:00

Moniker: jmar
Symbol: HSOA
Duration: Intermediate
Direction: Go Long
Comments: tat would you look this over again, today 5/09/07, it traded through the parabolic technical on my 3 month daily chart. the adx(14,14) is still negative although the +di crossed the =di and gernerated a buy signal and right around (20)

HSOA is in the business services sector. The stock is doing what it should do and that is building out a base down here. problem is, after getting whacked as bad as this one did, base building takes a very long time.

If you are itching to get into it, make sure you do so along the lower trend line which would be somewhere around the $4.7 area currently. There's plenty of time here and I wouldn't be in a rush to do much of anything. With the general markets cruising for a brusing, I'm not in a hurry to do much of anything anywhere on the long side; especially in a stock that is base building.

HSKA - Go Long?

2007-05-04T04:51:00.000-06:00

Moniker: jmar
Symbol: HSKA
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: tat could you look this one over, previously they reported finaincial results for the year 2006 on march 12th , next earnings report for the 1st qtr of 2007 is due next week do you think the way this has traded up since april 12th 2007,investors or speculators are anticipating more good news?

HSKA is in the biotech sector. If you are looking at the stock from a short term trading view, I would not step in front of earnings and roll the dice, especially with them trading up in front of earnings. Gaming earnings is never easy. Even if you are right about a good report, as you point out, it may already be in the stock.

If you look at this stock longer term though, it's promising. Long term resistance comes in around the $4 area and with the stock currently trading at $2.25, that a good profit margin. On the risk side, there's a $1 downside and if you go all the way back to the up trend line, it's a $1.25. I'd rather see if the earnings create some volatility that allows a better entry lower, maybe around the $1.65 area.

EVCC - Go Long?

2007-05-02T18:11:00.001-06:00

Moniker: jmar
Symbol: EVCC
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: tat i have been wanting to buy this again because it just seemed they had a neat idea, but these last 2 days make me wonder if they are borrowing money or selling the company the way it has jumped in price, could you look this one over thanks

EVCC is in the retail sector, specifically environmentally friendly products. This high beta stock is definitely not for the weak of heart (disclaimer, I have held a small stake since you first pointed this stock out). To address your question, what makes a stock move is never clear until later when the news finally arrives. In the meantime, I've pulled up a weekly chart to try and explain this move. What I see was a large volume break higher back in November and this plunge/rebound was a successful test of that area.

The fact that it surged is the news that will likely come out later. What's important is that this huge surge has taken us right to the former resistance. The likely case here is that it rests for a while, possibly retraces and then tries to break higher. A break over the $2.30 area on volume would be huge and you have to buy some of that break if it comes or and look to buy the retrace as well. An immediate break probably offers a quick retrace. If it spends some time here and then breaks, there might not be much of a retrace. Any way you cut it, it's volatile and it would be hard to hold a large position at this juncture.

ROY - Go Long?

2007-05-02T05:49:00.000-06:00

Moniker: jmar
Symbol: ROY
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: found this today, chart shows slow stochastics crossing 50, and it looks like macd signal may cross the macd(9) signal soon, anyway could you look this over, most of the charts i have been watching this year have turned down , it really does look like to me there might be some kind of correction

ROY is in the metals market sector. That sector is starting to run into hard times and that may offer up a good entry point in this stock as it looks as if it's ready to consolidate these gains. I like the identification of a stock that has been trading for a year or two like this one as that's early enough to get on board but not to late to have missed the bulk of the gains. This one definitely has good characteristics but I wouldn't chase it unless it breaks topside again on volume. More likely it will build out a consolidation region. Currently that looks to be somewhere between $5.75 and $7.25 but the bottom could end up being as high as $6.25 on the bottom side. I definitely appreciate you continuing to share your finds and this definitely looks to be another one that's worth getting on the active watch list.

CBAG - Go Long?

2007-04-26T05:44:00.000-06:00

Moniker: jmar
Symbol: cbag
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: im already in this one and i thought you might like to look it over, only problem with this is the daily volume, somethimes its good and most of the time its really low, i bought this back in early nov 2006, price had crossed the 200ema, eventually both the 14ma and 50ma crossed the 200 and it has been in a slow uptrend, looks like today it made a new high,

CBAG is in the oil and gas sector. It's within a whisker of it's all time high and has come all the way back up from last years May sell off to touch those highs yesterday. Here's a weekly chart. As Jmar suggests, volume is light and even non-existent on some days so that's always a heads up that this isn't a trading stock as much as an investment one. The buy bars definitely outnumber the sell ones so volume is quite good. I would look to purchase a retrace off the breakout if it happens first or a retrace to either of those support bars I've highlighted on the chart. I expect the latter which is why I would not be in a hurry to buy it at the highs. Make it prove it can breakout after the extended run rather than assuming it.

IAO - Go Long?

2007-04-25T05:17:00.001-06:00

Moniker: DAVID FU
Symbol: IAO
[X] Entry
Duration: Long Term
Direction: Go Long
Comments:

IAO is a holding company in the financial and telecommunications sector. Long stuck in a down trend, it has been building a base now for 6 years trading in a large channel from .10cents to .50cents. Here's a weekly chart. There are good things to say about the chart. A long term down trend line has clearly been broken and there are good buy bars over the past couple weeks on a weekly basis. The problem is that it's still in the channel. Since you are thinking long term, the ideal purchase area would be a drift back to the .25cent area. .24cents was the low on a high volume bar push higher. you can use .20cents as your stop out.

Note that these very low priced stocks have very a high beta and the risk of stop out is greater. You either have to use a limit stop or watch it closely off and on during the trading day.

ACEL - Go Long

2007-04-23T20:38:00.000-06:00

Moniker: jmar
Symbol: ACEL
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: TAT i think i might have found another one for you, , there has been a couple of big trades in the last 4 years for me, this year seems to be another one, could you take a look at this one thanks

ACEL is in the biotechnology sector and has shown huge volume bars as it breaks higher the past couple weeks. I've looked back over many years and I can't find anything wrong with this move other than we are catching it a bit late on this move. Support is about $2.4 and resistance around $4.5. With the momentum it has developed here it probably won't offer us a good entry point on a retrace prior to running higher unless we dive into it in which case it will pull back with a vengenace according to Murphy's laws.

I'd like to see some sort of trade near the $3 bar to get an entry near term. If that doesn't happen we'll just have to wait a bit longer and see how it continues to run and what kind of volume it exhibits. It is a nice find but we are a little late to join in right here.

CHTR - Go Long?

2007-04-23T13:04:00.001-06:00

Moniker: jmar
Symbol: chtr
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: tat- the week starting april 9th, that week chtr opened 2.73 closed 3.37, good or bad just looks unusual since it was in a correctiom since end if jan

CHTR is in the broadcast and cable tv sector and we've not revisited this chart since the October time frame if my memory serves me correct. I noticed the move recently as well over the weekend as I was flipping through past trades. With earnings coming up in a matter of days and with volume failing so far, I think this is like many other stock charts right now ... you can't buy them and you can't sell them. It's wait and see.

LGF - Go Long?

2007-04-20T05:43:00.002-06:00

Moniker: AD
Symbol: LGF
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: Another one I have owned/traded for years. Lots of big green volume bars over the past few months makes me think this could break topside, depending on earnings of course. Too risky here or do you share the thought?

LGF is in the entertainment sector. I've pulled up a multiyear weekly chart and what bothers me here is that we don't see any conviction with volume as it tests the old highs. I would wait for this one to prove itself and break above those highs on volume and then catch the retrace rather than stepping in front of uncertainty without conviction being shown so far.

AUO - Go Long?

2007-04-20T05:43:00.001-06:00

Moniker: AD
Symbol: AUO
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: I have owned this off and on for a few years. What do you think about a short to mid term entry on this pullback?

AUO is in the cable and broadcast TV sector. I've pulled up a multiyear weekly chart and it just looks like a large consolidation taking place with the top of that consolidation up around $16.80 Your time frame is short term though and there, a trade has developed. Using that high volume push from the 3rd of this month (April), you can stop out at the low of that day ($14.75) while shooting for the $16.80 area off the long term chart. The caveat is that they report earnings in a week so its in and out.

ANO - Go Long?

2007-04-19T21:29:00.000-06:00

Moniker: jmar
Symbol: ano
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: tat would you look this one over thanks, right now im waiting for a correction in the price

ANO is in the metals sector; platinum in particular. I've been in this stock since the beginning of the year and though I took some profits around the $2.20 area thinking it was extended, it still keeps moving higher on a parabolic type move. The only thing you can do in a stock like this is to wait. Eventually it will provide an entry point but until it does, buying it at these levels almost certainly will result in an initial loss as you won't want to take the profits short term and we all know that a parabolic type move works both ways when it does end. There is some resistance up around $2.6 or so and that will slow it down but the entry is back $1.80 right now and that's a long way back down. We'll have to evaluate this further once it's stops going up and we can see what kind of volume it comes back on and what the price spread is as it drops.

WWAT - Go Long

2007-04-19T21:16:00.000-06:00

Moniker: jmar
Symbol: wwat
Duration: Long Term
Direction: Go Long
Comments: just watching now, weekly chart has given me a buy signal way back in oct of 2006, daily chart shows a sell april 17th this month so now im waiting through this correction trend has been pretty good since early march, i was looking for a low priced stock in water sector, that is where i found CCC, would you look this over thanks

WWAT is in the water sector. Looking at the chart, I cannot see any sign of weakness in this chart. I've pulled up a weekly chart of the past 3 to 4 years. Note the positive action as displayed through the weekly volume bars. We are at a previous price point now that may finally cause this stock to take a break. That might give us a retrace to the 50cent area which is where the buy comes in. Anything under about $.38 seems like a failure at this point. This is a nice strong looking chart but they usually give you an entry if you are patient. If it hangs in this $.70 area for 2 or 3 weeks though without the retrace back to the $.50 area, then that becomes the buy area leaving room to average in if necessary.

RSH - Go Short?

2007-04-16T05:06:00.002-06:00

Moniker: AD
Symbol: RSH
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: Another one with waning momentum, rolling over. Tight stop?

RSH is in the retail sector. Looking at the chart, I cannot see any sign of weakness indicating that a top is near. This is just like the earlier look at DLTR I did a few minutes ago in that it is overextended but unclear if it's a top or a good short yet. All I see are mostly good volume bars as it rises and some tailing off in volume on pullbacks which is bullish. Until the stock gives us some sign of weakness or until we get a previous high that fails or looks to fail, etc., it's a tough short. I'd leave this one alone also.

COST - Go Short?

2007-04-16T05:06:00.001-06:00

Moniker: AD
Symbol: COST
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: Looks like it could break to the downside. 52 target, What do you think?

COST is in the retail sector and, by looking at the chart, we can see that it has signalled a sign of weakness previously. If you look back at March 8th, there was a heavy volume down day that set off a run lower. That push lower culminated with a low on March 14th on heavy volume. Now working back in the chart, that March 8th low was attacking the gap up breakout day from Oct 12th of 2006. Volume was heavier then so you have to take this recent low as a sign that weakness exists in this name and that we will most likely come back to retest that low again.

Having said that, the real short on this stock is further up; around the high price point on that push lower on the 8th of March. That price point is $56.46 and a push back to that area is likely before this breaks back to the lows. It's also a place where you can put a stop on the other side and have a great reward/risk ratio. I'll put this on my watch list and wait.

DLTR - Go Short?

2007-04-16T05:05:00.002-06:00

Moniker: AD
Symbol: DLTR
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: This looks like it is running out of momentum short term.

DLTR is in the retail sector. Looking at the chart, I cannot see any sign of weakness indicating that a top is near. Overextended? Yes. Top, won't know until it gives us a sign and so far all I see are good volume bars as it initially rose and some tailing off in volume now, but nothing indicating a reversal yet. Until the stock gives us some sign of weakness or until we get a previous high that fails or looks to fail, etc., it's a tough short. I'd leave this one alone.

RTH - Go Short?

2007-04-16T05:05:00.001-06:00

Moniker: AD
Symbol: RTH
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: The Retailers look like they are about to get whacked. Stagflation would take its toll here first, especially with elevated fuel prices.

RTH is the Retailer ETF. It did show a sign of weakness back on the week of 2/27 and made an attempt on the swing point break higher from Sept of last year. Although the retailers are clearly struggling still, the problem is that they have twice tested the breakdown area now so this would be the third attempt to get over that area. First and second attempts are good shorts, but the third time I get a bit nervous to put my money in harms way. I'd be careful here to short the retailers until we see a sign of weakness elsewhere in the major indexes. SPX and DJIA look ready to test old highs. If they do, then this will be dragged higher. If it can't break the high of the down bar from 2/27 while other indexes challenge old highs, then it's probably a short but wait for some sort of confirmation before plunging or, at the least, keep a tight stop in over those highs. Personally I would wait a bit longer still.

IVAN - Go Long?

2007-04-12T20:10:00.000-06:00

Moniker: jmar
Symbol: ivan
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: tat not sure if this is turning around, i have shares i left over from back in march of 2006, which i bought at 2.86 , then in may it fell about the time every thing fell,since jan of 2007 this has move all the up to the weekly 200ma i have on my chart

IVAN is in the oil and gas sector with a reasonably high beta. As we all know by now, this oil train just doesn't want to quit. I'm not sure about this issue though as we see in the chart. What I don't like is that we had massive volume the last time these price points were seen on the way up and I'm suspecting that the urge to sell is going to be great just ahead. I don't think you will see your entry price any time soon as I suspect the sellers will swamp this first. If I were you, I would think about moving all of this out if we trade back to $2 on a closing basis. Ideally, you could get a further move as the oil stocks are being pushed by many extenuating factors here. I wouldn't be buying but at some point they will likely break and break hard so don't ride this back down again.

On the positive side, if you do get that run back to $2.90, unless volume expands I would let these shares out there. Good luck.

GSS - Stay Long?

2007-04-03T11:23:00.000-06:00

Moniker: jmar
Symbol: gss
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: I'm already in this since 3/12, question ? this is about resistance lines, a lot of times the price will hit resistance and back off and then a week or sometimes longer the price comes right back just to hit resistance again and back off, do you give it 3 times to break resistance, before you decide if you want to close it or give it another shot or 2?

GSS trades in the Gold and Silver sector. I'm a little confused by your questions as I don't see any obvious resistance currently on this issue other than a very short term basis. In general, the third time is the charm. In other words, if there is a serious resistance level, the first time it bounce right off that as the sellers hit it hard. The second trip up is where you get a better sense of whether resistance will be overcame because if it's going to break through it will usually hit it the second time and hang around eating away at it which sets up the third try which many times breaks through.

Looking at GSS, I don't see serious resistance until the $5.40 level now.

YHOO - Go Long?

2007-03-26T14:40:00.001-06:00

Moniker: jmar
Symbol: yhoo
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: would you update this one thx, if this takes out resistance what % of volume above avg volume would you like to see

YHOO trades in the Internet sector. We first looked at this back on the 24th of Jan and again the middle of February where I still couldn't see a reason to buy. Since then, the $32.40 area was attacked and it repelled the first attack. It looks as if the stock is gearing up to try again. As we discussed before, that huge volume bar on the week of July 17th represents a lot of buyers stuck in losing positions. The next visit up there again likely will be repelled again I suspect. As I show on the chart, you need around 71M on a weekly basis to get a break higher. Note that even once this falls, then you have to start comparing volume against the Jan 20th 2006 bar down which also comes in at almost 70M. I still don't like the situation at this juncture.

CCC - Go Long?

2007-03-26T12:21:00.001-06:00

Moniker: jmar
Symbol: ccc
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: im in this one since 3/12, think this might be turning around?

CCC is in the chemical manufacturing sector and has been trading in a very large range over the past few years as indicated in the chart. . I wouldn't be a buyer at the current price point with earnings due up in a couple of days but would like to see a pull back towards the $7 mark. If that doesn't occur, then I would look to enter after it breaks the huge consolidation range it has been operating in ... with volume. If you are already in, as you are, I would sit tight and look to add in either of the above two scenarios.

ABAT - Go Long?

2007-03-25T07:33:00.001-06:00

Moniker: jmar
Symbol: abat
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: would like to know if this made a top friday(march23) and sold off, look at the volume and long red candle stick, this has been quite a pick, where would you draw a support line 1.57 area ?

ABAT is in the technology sector producing Lithium batteries with greatly extended lifetime. We last looked at this stock earlier this month deciding at the time that it would be worth pursuing if we could get a good entry point. The concern at the time is that it could just jump and run and that's what it did. . The reversal off the top with volume on the daily chart does suggest that we will see strength again in this issue and I can see that you are quite interested to get in again given the price point you are targeting as support. Looking at the daily chart, yes this is a support zone but if you expand the chart to a weekly view, you get a better look at what's happening. We see a big acceleration with a spike in volume last week. It is possible that this stock could come all the way back to $.90 before the correction is done but I believe that to be unlikely immediately. Instead, the bar from last week is probably the bar to concentrate on. The low of that bar is around $1.20 and that corresponds with the breakout over the previous highs. If you can be patient and put the bulk of your positions on close to that price point, that would be ideal because then you could risk $.30 for a likely $1.50 target gain. I say the bulk of your positions because it is likely necessarily that we start a little earlier than that in the purchase plan. I would target the $1.50 area for a 1/5th entry and add another 1/5th each .10 down which would have you fully invested around the $1 area if it came to that. You can add up the risk. The way this stock is acting, if it gets a nice build up and gets a solid close over the $2 area, we could see the all time highs tested before this is out. That's what the volume is currently saying.

EVCC - Go Long?

2007-03-25T07:32:00.000-06:00

Moniker: jmar
Symbol: EVCC
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: i bought this back in jan and sold but did not catch the full run up to 5, so now im looking for a new entry area, this caught my interest back in january when they patented a technology to reduce emmisions on small combustion motors

EVCC is in the retail sector, specifically environmentally friendly products. The chart is rather interesting and the current price is beginning to look rather interesting. After a large spike in price back in January, the price crumbled back towards the breakout area around $1.80. That low volume retrace led to a decent sized bounce that is now coming back in once more. Unless that breakout was false, as this price point comes in again, anything near the $1.80-$2.00 area looks to be a good entry point. Usually a high volume spike will be revisited before the run is out and that means that you are shooting for the top of that spike to be tested once more with risk back to $1.30 area. That's a pretty good risk/reward ratio. As always, this is a low volume, low priced stock and the beta is reasonably high so it's buyer beware. Another nice stock pattern though from a contributor who continues to make nice finds.

XOM - Go Short?

2007-03-18T11:51:00.000-06:00

Moniker:
Symbol: xom
[X] Entry
Duration: Short Term
Direction: Go Short
Comments:

XOM is in the oil conglomerate sector. I've looked at not only XOM in order to try and write this opinion but other like competitors such as CVX, COP, SUN, OXY, and SU. What I decided is that it's just not ready here ... not yet.

The reasoning for my opinion of not ready is the risk/reward. If you want to go short, where can you put your stop with a reasonable likelihood of not being stopped out prematurely. The best case profit looks to be around $64. With the current price at almost $70, that a $3 risk for a $6 reward; 1:2 risk to reward. That's a minimal risk/reward so it could be done. What would be better would be to see if a close under the $69.04 looks like and to make an entry around $68.8 or so and place a stop at the $70.18 area. There you are risk a little over $1 and shooting for follow through down towards $64 and you would have the break and close lower on the previous swing point. As part of this, volume expanding to greater than 33M would be the final parameter. That would be the scenario I would be looking for at this time to enter into a short on XOM with a short term time frame.

QQQQ - Short - Where to Exit?

2007-03-14T20:13:00.000-06:00

Moniker: DavidR
Symbol: QQQQ
[X] Exit
Duration: Short Term
Comments: I am currently in PUT APRIL 42. I still think it could go down further, but after today I'm a bit worried.

DavidR. I'm no options expert and I don't watch the options markets so rather than me attempting to tell you when/where to exit, let me instead talk about what I expect to unfold. Problem is, I don't know how fast it will unfold which, of course, is a problem for options as the premium erodes as time passes.

The QQQQ is, of course, an ETF proxy for the Nasdaq-100. The NDX was the only primary index I watch that didn't hit a lower low basis the melt of 3/5. Take a look at this chart. What we saw happen today was a test of the bottom end of the channel but when we got to the bottom, there were no more sellers. That ended up in a rejection of price so what we should see tomorrow or Friday at the latest is a test of the top of the channel at 43.34 and if that test succeeds and we get a close above that level and on volume greater than 128M, then we move into the next channel. The top of that channel is $44+ level.

Given that the reversal today pushed us up to basically $43, you may want to wait and see if that $43.34 level is overtaken before you push these out. If it happens and looks to close over the level with volume, then personally that would be my stop out area and I would exit this put.

If you want my directional opinion, I believe we will see $44 before we see $42 although I do believe we will see lower prices again on an intermediate term basis but that could be a couple weeks out or even a couple months. Note I'm long the QLD which is the opposite positional bet.

Hope that helps.

GENR - Go Long?

2007-03-12T16:42:00.001-06:00

Moniker: genr
Symbol: jmar
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: looks interesting since jan23, weekly chart needs more time i think but the daily chart is what caught my eye

GENR is in the biotech sector. With these low price bulletin board stocks, buyer definitely needs to be aware of the potential for the stock to crater as well as rocket. Note also that earnings are due out tomorrow although I can't confirm that on the company's website.

Two charts here to explain this stock; a long term and a daily. The longer term chart first. On this monthly chart, we can see a double bottom that spans 4 years. It looks like we washed out all the remaining longs on those lows at the beginning of this year and now we see new money coming in. How sticky this new money is will be the question. Switching to the daily chart, note that the close today was over that $.40 area which I believe was critical. With earnings tomorrow, either someone knows something or they are speculating here. Given that we just recently had the washout, I would guess that someone knows something. For that reason, I could see wading in here before earnings with just a small number of shares. If we don't get the pop-up, the $.35 and $.30 area are the key support zones. A fall below those levels and I say forget it for now. If we do get the pop higher on earnings, it could easily get a 50% pop in a hurry. An interesting company and chart.

ABAT - Go Long?

2007-03-10T18:01:00.001-07:00

Moniker: jmar
Symbol: ABAT
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: bought this last week at .98 cents but sold it friday , after looking at a 6 month chart i am wondering if this might be a decent stock by the way the chart looked thanks

Jmar, like so many of the charts that you bring to our attention, this looks like another potential longer term winner. ABAT is in the technology sector producing Lithium batteries with greatly extended lifetime. As can be seen in the chart, they have ran from $.70 to $1.18 in about 3 weeks. Although it could continue, I think we have to be patient and look for an entry back around the $1 level back to about $.90 which looks to be a good floor now. Purchases back down in that area at this point would give us the ability to hold all the way back to $.70 without a huge loss in capital invested. On the flip side, if this stock does catch fire, it could skip to $1.60 in a heartbeat before retracing so that's the rub. It may make sense to scale in a little ways on any weakness off this big push higher and then look to add more if it comes in. Longer term, it looks like it will eventually test that high volume $2.80 mark before this is over. Thanks for your continued willingness to share these finds. By the way, I featured another of your recent picks, ZIXI, as a Chart of the Day after it tested and held that support area we last looked at.

BWLD - Go Long?

2007-03-09T08:32:00.000-07:00

Moniker: AD
Symbol: BWLD
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: The volume action lately looks good on this. Do you think the risks are just too great right now overall?

BWLD is in the retail restaurant business. It's not a bad chart at all and in different times, I would side with your thoughts on the buy. I've put it on a weekly chart to offer a better look. Also note it has a reasonably high beta. My concern is that the stock hit a high volume low on the weekly chart and that the low is likely to be tested sooner or later. Given the current environment, that could be sooner rather than later. If you have a great interest in this, I would look for some sort of weakness to buy into and stop out below that low. That will give you the parameters to set your risk reward.

CAL - Go Short?

2007-03-08T07:35:00.001-07:00

Moniker: AD
Symbol: CAL
[X] Entry
Duration: Intermediate
Direction: Go Short
Comments: Big H&S top here. Looks like it broke the neckline at 40. Does the R/R line up?

CAL is in the airline sector, a sector I always have trouble making picks in. Looking at this chart, I think you need to be patient and wait on the bounce to make the numbers work. A short back up at resistance lets you put a reasonable stop in that shouldn't be hit and then gives you a good run back at the recent lows. It has to build up some downward momentum to take out that support line.

SHPIX - Go Long

2007-03-06T19:47:00.001-07:00

Moniker:
Symbol: shpix
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments:

SHIPIX is a ProFunds Short Small Cap index open-ended mutual fund. There are no volume figures associated with open-ended mutual funds so I really can't do anything in the way of analysis as all you get is the end-of-day quotes without volume indications. Sorry, but I can't to a TA on this fund.

In a general view, I can say that going long this fund for the intermediate term may make sense at some juncture, but I don't think that is now. You want to let the fund come back down to test out those lows in the $15.35 to $15.25 range before getting long (short the small cap index).

KOMG - Go Long?

2007-03-02T05:05:00.001-07:00

Moniker: AD
Symbol: KOMG
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: I think a two or three day market bounce would help this be a good trade. Great relative strength, good volume flows. Your opinion please.

KOMG is in the tech sector; data storage. We've seen some strength in this sector of late in other issues like STX, WDC. KOMG isn't showing us much though; even for a short term trade. Your risk is below the recent lows and it will have difficulty short term trading above $36 so it looks to be a bad risk/reward in this timer perspective.

GLD - Go Long?

2007-03-02T05:04:00.003-07:00

Moniker: AD
Symbol: GLD
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: Reload long at 64?

GLD is ETF for spot gold. In other long term accounts I got long this is back on that dip the beginning of January and have held since. I believe gold will take out last year's highs sometime within the next month or so and after that, we'll have to see what kind of juice it has under it. I've market the areas on the chart of where it may trade for entry points long term. I did start another trading position in it last night. If it breaks below $65 we could see it trade back as low as $63.8 or so in the lower range. If you are intermediate term, then you likely hold and add.

GLBL - Go Long?

2007-03-02T05:04:00.001-07:00

Moniker: AD
Symbol: GLBL
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: This was a long term add-to last week for me. Check the fundamentals. They have a huge backlog of orders with new contracts all the time. Your opinion please.

GLBL is in the oil sector; drilling and services. I don't know about the fundamentals but the charts shows money pushing it higher at the moment. I believe the oils will have their day again so it's a good area to be looking. At this particular time though, I'm wary of buying just about anything with a time frame of more than a few days outside the metals complex. You are looking long term though so I'll evaluate it from that perspective but I wouldn't let it get away from me on the downside no matter what your time frame. As a result, the buy is back around that $14 area with a stop below the gap where the money started to flow in at the $13.70. If you want to nibble on the way back to that area given your time frame, that will work. I just wouldn't let it get back into that gap on volume. It should not do that now and if it does, it's going back to the low 11's which is really where you want to be buying a longer term trade.

CYP - Go Long?

2007-02-28T21:02:00.000-07:00

Moniker: Rob
Symbol: cyp
[X] Entry
Duration: Short Term
Direction: Go Long
Comments:

CYP is in the financial industry from what I can tell, mostly in the packaging of various derivatives and bonds placements. It's a thinly traded stock with a favorable chart though. Looking at the chart, we see a recent high volume bar back on 2/12 defining the recent highs. Add to that nice accumulation all during late January as it broke over the $20 range. Support looks strong in the $19.90 to $20.30 range. It may take a while but the $24 shelf looks to be the top of this new range and the $20 area the bottom. I would look to enter in that support range and risk back to the low of 11/27 at $19.11 or so. A close under that level means you are falling back into the lower range. So, an entry around $20 with a target of $24 and a risk back to around $19.00. That's a good risk/reward. Wish it had a bit more volume though.

YHOO - Go Long?

2007-02-16T11:12:00.001-07:00

Moniker: jmar
Symbol: yhoo
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: would you look this over once more, im looking at waiting for this to clear 32,, and find support above the 100 ma

YHOO trades in the Internet sector. We first looked at this back on the 24th of Jan and back then we thought it was an entry if it would trade lower before going higher. It went higher and didn't afford a good entry with respect to risk/reward. Now that it has clear the first of two hurdles at $30, the monster problem is before it at $32.40. I've pullled a weekly chart to highlight what I see as resistance that likely will kill this advance. See that huge volume bar on the week of July 17th of last year? That volume spike on a down weekly bar represents a lot of buyers who are stuck in losing positions because it gapped down overnight and left them holding the bag. Odds are, a lot of them are still holding and just waiting to dump.

So, I'm almost certain that the first trip to that area will represent a selling opportunity and likely many will jump it. In fact, it's a very nice short setup as a result and I may look to trade it that way short term for a push back to the $30 area. It will most likely take some time to work off that selling inventory so a trip to resistance, then back down, then again back up, etc. until it's worked off. Support looks to be at $30 now so if I really wanted to buy this stock, I would wait for that price point to enter long and then see how it reacts on the second approach back to the resistance point. It may take it several times to get through there and that could play out over another few weeks or months. Risk is back to the $27.61 swing point on the time basis you cite. As an aside, GOOG looks to be readying to fill it's gap lower and that should hurt this stock as well.

MEDX - Go Long?

2007-02-12T16:51:00.000-07:00

Moniker:
Symbol: medx
[X] Entry
Duration: Long Term
Direction: Go Long
Comments:

MEDX is in the biotech sector and has had a history of volatile swings. The beta is currently pegged at 3.39 which means that this stock moves up and down at a rate of 3.39 as much as the general market. It has recently been pulling back after testing the $16 area and failing. I'm showing a weekly chart here of about 6 years as the request is for a long term position.

All in all, the chart is constructive with higher highs over the past four years until recently. That double top probably causes us to retrace more than we would otherwise do. Support ranges from about $12.37 all the way to around $9.00 although it appears to me that the key support is around the $10 level.

For an entry point, I definitely would wait this out for a retrace and test of the $12.10 area. My preferred entry point would be around $10. Since you are looking long term, you can start a small position in the low $12 area and then look to add on the way back to $10 if it does that. $10 should provide good support. A break under that swing point area of $9 would definitely make me think that the long side is the wrong side so that's the risk point. A break of $16 puts $20 and likely $25 on the radar screen so that's the realistic parameters on a long term basis. Patience on entry is the key here. Watch for a stab down on no volume for a good entry.

FDMLQ - Go Long?

2007-02-11T15:30:00.001-07:00

Moniker: jmar
Symbol: fdmlq
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: had quite a week with a gap, is this getting interesting yet?

Since we last looked at FDMLQ which trades in the industrial machinery sector, it did come back in some but held that $.35 area we talked about and now has spiked back higher on nice volume again. The chart has me more curious so I did more reading to see that they are in chapter 11 bankruptcy protection due to asbestos liability issues that they are trying to resolve. Now I understand the volatility.

The comments are the same now as before. The $.35 area is critical and a violation of that and you have to come out. The buy now looks to be the $.65 area; up from the $.50 area we talked about last time. Still has to break out on big volume over $1 to really attract more money I suspect and personally I won't play this due to the risk of legal problems but that's the way the chart stacks up.

NTRZ - Go Long?

2007-02-11T15:29:00.001-07:00

Moniker: jmar
Symbol: ntrz
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: tat still too early?

Jmar, I bit on this again Friday but I could well be too early still. They looked to be breaking it out and volume was starting to move but in the end, it ended up back in the range and volume didn't continue to pick up by end of day. I was too impatient it appears. Looking at the chart, you really want to see volume expand more but I do believe that if you don't have a position on, you could get left behind if this one takes off. My tact has been to maintain some presence with the idea of adding further on weakness. Weakness I was looking at would be back towards that $2 area but it has been unwilling to trade lower than $2.2 since that last dip towards $2 right after the break over $2 back in late November.

So, my belief continues to be that there is nothing wrong with this chart, you have to keep some exposure and it could take off at anytime. If we do see weakness now, we have to add further with $2.4 being the first spot, $2.2 after that and finally $2 if it were to trade that low again.

ZIXI - Go Long?

2007-02-11T15:28:00.000-07:00

Moniker: jmar
Symbol: ZIXI
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: on my weekly chart price has hit the underside of the 100ma , macd ihas crossed 0,adx signal looks good,cci shows overbought, almost 3 years now since it sold off

ZIXI is a very interesting chart as longer term it seems to be coming back from the abyss. . I'm showing a weekly chart of the past couple years here and you can see that there are a lot of good volume bars showing accumulation and no large volume sell bars. There is very good support now back around that $1.32 area with resistance above at $2.15 and again at $2.53. After that, there are continuing resistance levels at $4, and then a huge one starting at $6 but that's a very long ways away from this price point.

It dropped to it's lowest price point in Sept of 06 after it received a delisting notification from NASDAQ. I'm not sure what has become of that. That would be my one concern area. If you know more about this, please post a comment follow up.

The recent strength in part seems to be spurred by favorable mention by Tobin Smith who is reasonably well followed. I wouldn't chase this stock but would definitely look to buy weakness back to the $1.40 area with the idea of stopping out below $1 on a conservative basis. You could also average in at higher price points back to $1.4 and trim if it closes below $1.3 as that should be strong support now. All in all, this looks like a pretty good find.

SIE - Go Long?

2007-01-31T11:58:00.000-07:00

Moniker: AD
Symbol: SIE
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: Breaking out today. You think it can get some legs, or wait for a pullback?

SIE trades in the health care sector and reported earnings this morning. It has broken out big time as indicated by AD.
I don't typically chase these kinds of moves unless I grab a little bit early on and then trade around the position. There's just too much risk to tackle a stock up 9% in a day.

What I do during earnings season is to review stocks that have reported, about 4 to 5 days after they report in order to see what the true move is. That's about the right time to catch an entry if one exists without taking undue risk.

NDX - Go Short?

2007-01-30T16:27:00.000-07:00

Moniker: d333gs
Symbol: $NDXA50R
Direction: Go Short
Comments: I am using this as a bases to buy the QID as a hedge but there is an unusual divergence with the NDXA200R.TIA for your thoughts

The NDX is the top 100 capitalized companies on the NASDAQ. The QID is an ETF that is a 2x short of the NDX. I'm assuming that your comments are referring to one months contract compared to another. I'm not sure of the symbols you have cited so I'll just speak about the NDX in general.

The NDX, as shown in the chart, has changed from and up trend to a sidways trend. The question is, are we simply pausing before a further advance, or are we changing from up to sideways, to down on an intermediate term basis.

My belief has been that we are doing the latter, changing to a downtrend. That action is more pronounced on the NDX than any other index. Note that the volume flows favor higher volume down days than up ones and that there are large distribution markings over the past couple months now. Since you didn't specify a time frame, I'll assume short term trading. In the short term, we could see a short covering spike take us back towards the 1800 level. Unless volume rises substantially on that rise however, it will likely fail to overcome the 1/25 distribution down day were 2.2+ million shares traded. So, as I have been saying elsewhere, the idea is to short the rallies and to maintain some shares short but not leverage to greatly that you can't stay with a 25+ point short covering rally as that could happen. With Fed meeting tomorrow, we could see a short covering spike after the announcement so be prepared if it happens.

AOI - Go Long?

2007-01-29T21:26:00.000-07:00

Moniker: jmar
Symbol: aoi
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: im just wondering if some of these charts that look like they are going to breakout will correct much less if the rest of the market gors into a correction like it did back in may?

AOI is in the tobacco sector and, like many safe stocks, it has attracted a lot of attention. The chart is phenomenal looking like a growth stock the way it has been attracting buyers. Although I wouldn't be chasing a buy in this stock on the breakout here only because momentum plays are not working so well, it definitely is a stock that is buyable on any decent retrace. As to the question of whether this sort of stock will do well if the general market declines, the answer is that it will do better probably than others. Unfortunately, after basically doubling now in six months, even a "safe" stock like this one starts to look pricey.

HSOA - Go Long?

2007-01-29T21:13:00.000-07:00

Moniker: jmar
Symbol: hom
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: my weekly adx signaled a buy weekending 10/09/06 and next the week ending 12/04/06 the weekly parabolic signaled a buy, do you think this is showing increased interest from traders and buyers these past 2 months?

HOM symbol I now show as HSOA which is in the business services sector. Six months ago this stock was left for dead after a 50% haircut. Since that time it has tested that high volume low and began to build a base over the past four months.

What I do not like in terms of a buy here is that high volume spike back in August to the price point of $7.15. I would like to see a close over that area on better volume. That would take this stock to the next level. I do agree that the stock is building a base and shows promise but I would wait on this one a bit longer.

INAP - Go Short?

2007-01-28T09:14:00.000-07:00

Moniker: AD
Symbol: INAP
[X] Entry
Duration: Short Term
Direction: Go Short
Comments:

INAP is in the Internet technology sector, a sector that has witnessed a lot of pressure of late and this chart echos that sentiment. It has a very high beta at 4.5 and with short interest at 12.8 it can see short squeezes develop with significant price spread.

From a technical perspective, the test of the Dec highs came on 1/10 and on light volume. Since then, it's been lower prices culminating with a big drop on the 17th and 18th. The high of the breakdown bar on 1/18 is $19.25 and I'd like to get the bulk of any short positions on as close as possible to that price point. Having said that, the confluence area ranges from $17.25 to $18.29 (resistance) and we have already registered those price points on this light volume bounce. Given that this stock has short interest that is high, I would only play a partial position at the current price point and look to add further on short squeeze strength if it happens. Volume on the 18th was almost 2M. If we get a short squeeze up to that area without heavier volume, we probably come right back down.

Since we have the lows of Nov were taken out on heavier volume on 18th, that opens up the possibility of trade back to the Oct lows now. So, in summary, yeah, it looks like a short. There is the possibility of a further short squeeze to retest the $19.25 area but that's a coin flip whether it happens before it trades lower. There's a decent chance that we could trade as low as the October lows before the decline is over. So, I would look for a short entry here with a partial position and wait to see when it makes sense to add further.

YHOO - Go Long?

2007-01-24T17:14:00.000-07:00

Moniker: jmar
Symbol: yhoo
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: should i wait for this to close above 30 and find support above 30

YHOO is in the internet sector and just released it's earnings which caused a large spike higher today.
. The question is should we get long this stock for the intermediate term. I hate to be pessimistic as this market is so optimistic but I see two problems; one you point out is the resistance at $30, but even if it is overcome and that looks likely actually, $32 will take even a greater amount of effort. So, the reward looks to be $32. The risk is back to $27.55 or so. What you need then is to enter now and catch the $3 move with increased risk that it may or may not get over $30 or wait for a bit of a retrace and try to but it closer to $28. I would do the latter rather than the former as I would want to see it trade over $30 before buying but wouldn't buy at the juncture because the risk/reward doesn't work.

So, I guess what I'm saying is it is quite buy-able if it trades back to the mid to low $20s before it pushes above $30.

EFX - Go Long?

2007-01-16T04:43:00.001-07:00

Moniker: AD
Symbol: EFX
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: Solid uptrend but what about the volume flows lately? Better as a shorter term play, December highs target?

EFX is in the business services sector. They have good earnings flow and institutional support. The chart shows a pull back to support on lighter volume. As to your question regarding time frame, the immediate play is a short term long position with a target of $41 and a risk of $39.21 or so. With the price point of $40, it's probably not worth it. So, we move to the intermediate term time frame. Earnings due up in a couple weeks makes that a bit harder to hold though. A normal retracement could easily bring this stock back to the $35.50 to $37 area where it would be a great buy. At the current price level, I don't see a reason to move just yet.

LMRA - Go Long?

2007-01-16T04:42:00.000-07:00

Moniker: AD
Symbol: LMRA
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: Looks like good R/R here with a relatively tight stop. Your analysis please.

LMRA is in the basic materials sector fabricating plastics and rubber products. Earnings are due out in about 6 weeks. The chart shows a huge spike on volume off the previous earnings time frame taking this stock from a low of roughly $1.5 to a high of $9. Short interest is very high at 26+%. Here's I show a daily chart but if you pull back to a monthly chart, you can see a huge spike on volume and a low volume retrace back to the top of the support area of $5 from all of '05. That coincides with the breakout top of the spike that came on 10/16 of last year. So, it's clear that a stop needs to be around $4.77 or so. What's the reward? On an intermediate term basis, $7 looks to be the first real resistance zone. Given that the highs were on pretty good volume, I would think that the $8 to $10 zone is quite likely in that time frame again. Pretty good looking setup.

AMZN - Go Long?

2007-01-16T04:41:00.000-07:00

Moniker: AD
Symbol: AMZN
[X] Entry
Duration: Short Term
Direction: Go Long
Comments:

AMZN is in the retail sector. Earnings are due out in two to three weeks so your time frame is reasonable. I wouldn't be in this one for earnings. The chart does so good support from where we bounced as that is the area where the large volume spike signified buying back on 10/25/06. The low of that day was $36.04 and if this stock is to remain in an intermediate term bullish mode, that should hold on a closing basis and shouldn't be easy to take out the first time. This is why we see the bounce here on Friday. So the stop is a lower low that looks to stick and the reward is either that gap down area around $39 on 01/4/07 or potentially the swing high area on an intermediate term at the $40.50 level. Risk, is $1 to $1.30; reward $1 or possibly $2.50. Not the best of trades and since I wouldn't hold this one into earnings, I'd probably pass and look elsewhere.

SPX - Go Short?

2007-01-12T07:37:00.000-07:00

Moniker:
Symbol: sp500
[X] Entry
Duration: Short Term
Direction: Go Short
Comments:

The S&P 500 is nearings major resistance again going into earnings season. It was pulled higher by the NASDAQ recently and lower by the oil sector. The fact that it is nearing major resistance does set up a trade because it is trading in a channel from 1400-1430. The problem is that momentum is with the bulls here and they may make it rather uncomfortable to be short once more.

The good part about the trade is that the risk is reasonably well defined and the reward far outweighs the risk. The problem will be staying in the trade as the momentum is very strong here. Earnings could change things though and that begins in earnest next week. The oil sector is probably through being a drag though so weakness will have to develop elsewhere. The financial sector just broke higher so that is probably bullish. In my opinion, it's a toss up as to whether the trade succeeds or not. As a result, I probably would wait for a better signal or would at least try to put the trade on at, or near the top and give the stop a little more room to set new highs and potential fail after that.

FDMLQ - Go Long?

2007-01-07T11:39:00.001-07:00

Moniker: jmar
Symbol: FDMLQ
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: intermediate to long term,a low price issue which has had a few volume spikes lately and the price has had some momentum, volume is kind of low but i was thinking of looking for an entry to buy and then hold and wait for other set ups to add more positions throughout the year,if it can continue? would this look like a potential stock to buy and hold throughout the year? thanks

FDMLQ trades in the industrial machinery sector and has been around for a long time. Your trading time frame is longer term so I've pulled up a 10 year monthly chart to examine.

Whether this is a good stock to buy into and look for key times to add to it over the coming year is not an easy question for me. I don't tend to profess to be able to see that far. Nevertheless, lets look at what we can see. We basically are in a trading range on a longer term chart as shown. The key support and resistance points are shown and that's the key areas to concentrate on. If you are to take a position, you probably don't want to hold that position any longer if that support swing point is taken out. On the positive side, if the resistance swing point can be taken out on higher volume, then this chart really starts to get interesting so that clearly would be an area to concentrate on with your adds.

Basically, if you believe in this company, I would be looking to buy on weakness on low volume back around the .50 area. The risk is back at roughly .35 so percentage wise it's a pretty good hit if you lose on the trade. The real trade comes if the resistance swing point is remove because the trade there is up to the $1.60 area after the break of the .96 area. I would look to add on the breakout and remove some as it moves into the resistance area and look to rebuy more on the retrace. Good luck and if/when this takes out the resistance area, drop a line as I would be interested and I made forget about it by then.

PRFT - Go Short?

2007-01-07T11:38:00.001-07:00

Moniker: AD
Symbol: PRFT
[X] Entry
Duration: Intermediate
Direction: Go Short
Comments: Beautiful H&S pattern here IMO. Your analysis, please.

PRFT plays in the techncal business software arena. Like the UTEK analysis prior to this one, we see a big volume spike lower and a lighter volume retrace. I'm not sure I agree on the H&S pattern but that doesn't really matter. What matters is that there is significant resistance here and the reward to risk looks quite favorable.

With a stop out area around $17.28 and Friday's close at $16.86, there's not a lot of risk compared to the probably reward back to retest the $15 area. I like this one.

UTEK - Go Short?

2007-01-07T11:37:00.000-07:00

Moniker: AD
Symbol: UTEK
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: Looks like an exhaustion-type move in late Dec. with low volume retrace. Whats the odds on a retest of the 11 area, or are there better places to look?

UTEK is in the semiconductor space and as AD indicates, it had exhaustion type selling on that big spike down to the $10.56 area. As a short term trade, this is a very good setup. There was big volume on that spike down and that suggests that it will be retested. There is significant resistance in the $12.30 to $13 range (see the grey area on the chart) which is where this has bogged down. You can probably put a stop at the 13.28 range and should expect a retest of the $11 area near term. If you can get an entry in the mid to high $12 area, the reward to risk is favorable. If you can't get that entry point, it's probably not worth the trade on a risk basis.

JSDA - Go Long?

2007-01-05T08:15:00.003-07:00

Moniker: AD
Symbol: JSDA
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: Whats a decent R/R entry here, 11.00?

JSDA is in the beverages sector and was a favorite of mine back last summer. I did work it for a couple trades but never stuck with it long enough to get a real move. You are looking at this as a short term trade but I believe we should look at it for a longer term trade. It busted out to new all time highs on heavy volume on a gap up. That is always a good sign. Now it is retracing on light volume to the gap area. Perfect!

I just took a small entry to get it back on my radar as it had fell off. Thanks for pointing it out again. I believe $11 is too low to consider entry. I would buy from here back to $11 if it gets back that far but I suspect it won't. $11.43 is the low of the gap bar and anything in that area is probably the best entry point. If it closes the gap and volume increases we would have to come out. That's a $.70 or $.80 risk with a reward probably to $15 now.

FSYS - Go Long?

2007-01-05T08:15:00.001-07:00

Moniker: AD
Symbol: FSYS
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: Good volume flows here but near longer term resistance. Too much risk?

FSYS is in the auto parts sector and actually this chart is setting up nicely. I'm not sure why the strength but it's undeniable strength. You ask about risk. As long as you are patient and allow it to come back towards that $20.20 area and if it does so on light volume, that is a good reward to risk scenario. It shouldn't fall much below $20 and appears determined to test those highs up at $25 again. Nice find. I'll be watching it also.

ACEC - Go Long?

2007-01-05T08:14:00.001-07:00

Moniker: AD
Symbol: ACEC
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: I see a lot of low priced issues like this with a good looking setup.

AD, ACEC is a technology company that had a huge sign of strength over the past couple of weeks. Here's a long term chart that gives a good perspective of what it has done. The reason I show this is that it underscores the double bottom idea. On the longer term view, I would look for a retest of that $1 area on light volume to signal the buy.

If we look at a shorter term chart since that's where your interest lies. On this time frame, the question is whether it will break through that $1.6 resistance area now or if it will instead need to build further strenth with a retest of the $1.2 area. I'd look to buy that $1.2 retrace if it happens on light volume again otherwise you have to wait for a definitive break of the resistance to get aboard if you consider the risk/reward parameters. Stop out is below $1 on volume.

CMI - Go Long?

2007-01-05T05:36:00.000-07:00

Moniker: micks
Symbol: cmi
[X] Entry
Duration: Long Term
Direction: Go Long
Comments:

CMI is in the industrial machinery sector and I can see why your interest here.
After a long and mostly uninterrupted climb, we have see a pull back to the 200 day MA. Yesterday we saw a little sign of strength off that area and we could get a bit of a bounce here but I would be patient on entering this one with any size. You definitely can make a small buy here just for starters but give it some time and let it retest this area again before committing any real capital. We could travel as low as the 110 or the 100 area before this pull back is over and that's another 10 to 15%. I wouldn't stop out of this unless we broke the 100 area with volume. You can figure the money management out from there. Good luck and thanks for asking. I'll put this on my watch list.

AUNFF - Go Long?

2006-12-22T11:32:00.000-07:00

Moniker: peja
Symbol: aun.v
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments:

AUN.V corresponds to AUNFF I believe which is in the mining sector with mines of copper, zinc, and silver. Trades on the TSX exchange. The chart is interesting as it has moved from .03 cents to $1 this year. My concern, any time I talk about these low prices mostly illiquid stocks is the risk that they are pump and dump type operations. The low priced stocks are certainly much more of a risk in this respect and I cannot offer any thoughts on this stock in that area.

From a purely technical point of view, we have seen good volume flows (nice rise on advances and low volume pull backs). There is very good support now of almost a year in the .65 range. A continued low volume pull back towards that area would offer a good entry point. I believe this sector is a long term winner.

NTRZ - Go Long?

2006-12-18T18:45:00.000-07:00

Moniker: jmar
Symbol: ntrz
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: new entry area? i had a buy signal on my daily chart this morning , its gone now, my weekly chart is still positive , this has been in kind of a correction since nov 13th, could you reveiw this one again thanks

NTRZ, a favorite of JMAR and mine since he first pointed it out has been building a nice base up here around $2.20 to $2.60. If you remember, this stock broke topside at the $2.14 level besting it's previously highest close. Since then it has done nothing wrong and I, like you, continue to monitor it closely for further upside potential.
I don't believe we are quite there yet though and here's why.

Today we tested the topside again on decent daily volume but we failed again on price and volume overall. It suggests that we will likely continue to build a base. If we look at a weekly picture, there I think we have a good indication of what's happening and what it will take to breakout further. We had a huge volume run up on that week of Nov 6th and since then we have been backing and filling. The low of that week was right at $2 and that should be our downside limit. We saw a test of that area two weeks later on lighter volume and that was rejected and sent us back to test the topside again. My take is that we will test that area yet again. I will look to add down at that price point when it does (if it does). I've let some stock out up here but given the positive technical picture, I want to keep a decent amount on the books and add on any weakness.

Overall, very positive still but likely needs some more time.

GNBT - Go Long?

2006-12-09T21:16:00.000-07:00

Moniker: jmar
Symbol: gnbt
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: could you revisit this chart please, starting back to 9/18/06 and look at 10/06/06 on sept 18 their press release was about distribution of their rapid spray and on oct 18th aboutfilling several purchase orders from additional retail pharmacies, it has been pretty quite but the ma(14) is really close to falling thru the ma(50)

GNBT is in the biotech industry. It was unable to challenge the October highs and has since pulled back towards the trend line. It's currently going against the breakout bar from October 9th and is challenging it with a low volume push. I would be surprised if it breaks lower at this point, but that may just be a matter of time. Benefit of the doubt has to still be given to the up trend but that has become harder since we are trapped below all the major MAs now and they are about to give that death star cross you have spoke of. It might be worth lightening up a bit and waiting. Could be consolidation but until it breaks back above 2.3 now, I don't see a lot of promise. Personally I had a very small position and I recently pulled it to wait and see how it develops.

INSM - Go Long?

2006-12-09T21:15:00.000-07:00

Moniker: jmar
Symbol: insm
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: what do you thinkis going on with the last 2 trading days of insm

INSM is in the biotech sector. The last few days it was crushed on heavy volume. . Although I've shown a monthly chart for other reasons, you can pull up a daily and take a look at the recent carnage on heavy volume. The question of what I think is happening this past couple days garners the response of "Somebody or bodies decided to exit their positions". As for a buy, even short term, the advice is "No". It may catch a dead cat bounce but near term, it could visit the bottom of the horizontal channel that can be seen on the monthly chart ... around 80 cents. That's another 33% haircut from this level so I wouldn't play with this right now. If and when it gets back to the 80 cent level and if it comes down there on low volume, then it might be worth a try.

SANM - Go Long?

2006-12-09T21:14:00.000-07:00

Moniker: jmar
Symbol: sanm
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: what is phantom stock? COUDER ALAIN A director last form-4 change in beneficial ownership. doesnt look like a sell

SANM is in the technology sector. It's been in a long term down trend. This latest sign of strength looks like nothing more than a retrace to the heavy down day of Nov 17th. Since you are thinking intermediate term on the time frame, I would wait and let this stock prove that it's done going down. To do this, I would want to see a push back above the 200 day MA and $4.3 or so on some volume. At that point you can consider adding some and then adding on retraces if it continues to show strength.

As for your question, there are such things as phantom stock plans where select employees get the benefits of stock ownership without actually getting any real stock.

NEU - Go Short?

2006-12-06T12:07:00.000-07:00

Moniker: AD
Symbol: NEU
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: Watching for a trendline break at 60. What do you think?

NEU is in the chemical sector and has been a very strong stock. This has setup, however for a short here as you are wondering. I believe you already have the confirmation of a short setup given the higher volume break of the trend line, then the lower volume retrace/failure of yesterday. You can short with a stop above yesterday's highs in my opinion for a short term trade. A little safer trade stop would be just above the $64 area.

VLNC- Go Long?

2006-12-04T21:12:00.000-07:00

Moniker: jmar(rod)
Symbol: vlnc
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: should i wait for it to close above 2.25?

VLNC is in the industrial sector. It had a nice pop on volume and now is fighting resistance at 2.25 which poses the question, "Do we wait for a breakout before buying?"

The answer is yes if it doesn't come back in but the better buy is the retrace if it comes back to the $2 level. A purchase in that area and you can put a stop in around $1.88 or so. It should not visit that level again if it's heading higher. If it does break out, even there I would likely only add a portion of my desired size and only if it broke out with volume of 1M or better for the day. Good luck.

BTW, did you catch AMCC on that retrace. That turned out to be a good one.

CHU - Go Long?

2006-12-01T21:24:00.000-07:00

Moniker: jmar(rod)
Symbol: chu
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: wondering if this might be a good one to look for an entry? thanks

CHU is in the wireless telecommunications space as an ADR for a Chinese concern. It has a relatively high beta so it will move around a lot. Your time frame of long term is probably a good one to have with this stock as it will likely jump around a lot. I've chosen to start with a weekly chart because it shows a huge resistance area that lies directly ahead. I would be patient and watch to see how it attacks that area first. If it can break through it, then I would add a 1/3rd to half of my desired position. My guess is that it won't break and hold that area but instead will do some more work first. If that is the case, then the ideal buy area is back at the $9 to $9.5 area. I've shown it more clearly on the daily chart. Given your time frame and your entry point, you may want to give it more room on the stop ... as low as the trend line. It's a stock with decent momentum. I'd rather see more volume on this advance but that's true of most of the market.

ATPG - Go Long

2006-11-29T21:17:00.001-07:00

Moniker: AD
Symbol: ATPG
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: Drillers look strong. Sector Breakout or Fakeout?

ATPG is in the oil drilling sector and is on my short list in that sector. I owned it until recently . The volume flows are good, the sector is coming to life and a look at the OIH says it's for real. The stocks have refused to come in even though the price of crude has wavered until today. This particular issue has been on a tear moving 30% over the past 8 weeks so it's hard to get too excited to dive in right now. I'd rather a retrace to the $44 area over the next week or two which would provide a lower risk entry. I'll probably look to buy the OIH and spread across multiple stocks in the sector rather than playing one or two. Anything back toward the $42 area now looks to be a good entry there.

CNX - Go Long?

2006-11-29T21:17:00.000-07:00

Moniker: AD
Symbol: CNX
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: Breakout here on volume. Whats a short-mid term target?

CNX is in the utility sector and although this is a good setup, I'm not sure that I agree this one has broken out. The push up today sets up a potential breakout but that breakout over the swing point of $38.71 and at least $38 where the 200 day MA lies above. We did see interest today as the whole sector caught fire when oil put back-to-back days together of gains and looks to have broken out. The OIH definitely broke topside and needs to be looked at for a buy on a retrace.

This one you have to risk back to the recent lows of the low $33 area with a near term potential of probably $40 so that's about $3.60 up, $3.25 down. Unfortunately the buy was probably yesterday.

CP - Go Short?

2006-11-29T07:38:00.000-07:00

Moniker: AD
Symbol: CP
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: Looks like a topping pattern here.

CP is in the transportation sector and that sector has been a non-confirming sector throughout this whole rally. CP was pushing highs recently and is backing off currently. The thing I don't like is that this just appears to be more of a consolidation than a break down. Until it takes out that support line I've drawn in, it's consolidation. You can short near the top and put your back against the wall with a tight stop or you can wait for a confirmed breakdown to short. Right here, I just don't see much of an advantage.

WEN - Go Short?

2006-11-27T21:13:00.000-07:00

Moniker: AD
Symbol: WEN
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: MA resistence overhead, 200 MA below for a target? What do you think?

WEN is in the restaurant sector and that big gap on the graph actually was a distribution of shares to a spin off of a subsidiary. Not sure why it shows this way as it shouldn't.

The problem with a short here is that it's pretty much in no mans land risk wise. A short setup would be best on a low volume test of the 11/17 down day or a high volume break of the low after the spin off. I would pass on this one.

AMCC - Go Long?

2006-11-21T21:53:00.000-07:00

Moniker: jmar
Symbol: amcc
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: might have stumbled across another low priced issue that has been a slow uptrend since july 20,06- sorry about all these request , but i couldnt let this one get by without you looking at it, thanks

AMCC is another chip related stock and although it has had a nice uptrend for a while now, I'm showing a monthly chart here to give contect to this stock. Two things with respect to your comments; if there were 20 requests a day, I might have a problem meeting them all, but with 5 or 6, we are fine. If others figure out that this is a valuable resource for them and others, then you may have to compete more for my time. For now you are cool though. Secondly, on the low price issue in an uptrend ... this one is in an uptrend, but as I show on the monthly chart, unlike a NTRZ, for example, here you have to be very careful of how this fits in to the bigger picture.

AMCC has seen progressively lower lows since falling from grace during the go-go years of the late 1990s. With an intermediate term time frame, it is playable, but again, in this market I believe you have to be very patient for well time entries. For that, here's a daily chart. As you can see on this chart, a retrace to the 200 day MA, is the logical place to make an entry point right around $3.10 with a stop below $2.97. That gives you the best risk/reward and I probably wouldn't even consider an entry unless I could garner that entry price point.

LTON - Go Long?

2006-11-21T21:18:00.000-07:00

Moniker: jmar
Symbol: lton
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: go back to 11/17/06, i am looking for an entry but do you think this volume spike is negative

LTON is a wireless communications stock listed on the OTC as an ADS. It has about a 3 year history and has pretty much traded down since it's listing. Since August it has been working its way back to the lows of early this year and April of 2005. That's where resistance is. That's about where the 200 day MA is as well, which is what this stock is struggling with now. To address the question about the volume spike, take a look at the candle. That spike showed a large open candle which is positive, not negative. The low on that day should not be violated now; certainly not on a closing basis. If that low holds, then stock can continue to consolidate an eventually look to break through the resistance that it is working through now.

As for an entry with a long term time frame, you could do a little buying in this area. Again, I would want that $5.50 low to hold at this point so you have a low risk entry here. I can't say what the likelihood of stopping out is though. I have little confidence in the general market providing support near term.

NTRZ - Go Long?

2006-11-21T21:12:00.000-07:00

Moniker: jmar
Symbol: ntrz
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: could you revisit this one, do you think this could be a small correction right now,

Since you first brought this stock to all of our attention, it has moved a good 50+ percent. I was fortunate to take some profits up near the highs and then reload on that dip as a result of earnings. If you look at this retrace though, it's coming on very low volume. Although this stock has done nothing wrong, it appears to be in need of some further consolidation here so I may be inclined to take some profits once more and look to reload on any further dip.

Again, let me say again, overall, this still looks very promising. It just needs a little more time I suspect.

BRCD - Go Long?

2006-11-21T20:57:00.000-07:00

Moniker: jmar
Symbol: brcd
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: actually take a look at both mcdt and brcd, both had a huge volume spike in early august, , and both trended up,these charts look like twins

BRCD, like MCDT, is another chip stock and similar to MCDT it is best looked at on a weekly chart. . For 3 years it's been building a base. That push past $8.38 in early October was a breakout move, but it wasn't able to hold that breakout and retraced rather deeply. The 50 day MA held though and today it gave a good volume push higher and looks to retest those recent highs once more.

What isn't good is that the volume isn't there. What else is new with this market though? I would prefer to wait on this. I see you are thinking intermediate term, but I'd like to see a bit more base building for a lasting breakout. If it gathers steam here and breaks those recent highs on volume, then a partial entry may be warranted given your time frame.

MCDT - Go Long?

2006-11-21T20:27:00.000-07:00

Moniker: jmar
Symbol: mcdt
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: go back to aug 2006 ,about 3 months nice trend,

MCDT is a chip related technology stock and recently they have began to heat up again. I've pulled a 3 year weekly chart to highlight the range between $6.50 and $4.25. With the current trade at $5.84, we are pushing to the upside right now but I would caution that, like the general markets, we are doing so on no volume.

This chart is shaping up nicely intermediate term. I would look to buy a pull back or wait for the breakout and either grap that or a retrace off that break out. I like the double bottom, high volume push that started in August.

SIRI - Go Long?

2006-11-15T07:01:00.000-07:00

Moniker: jmar
Symbol: siri
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: could you revisit this one again, from 11/06 thru 11/16, thanks

When we last looked at SIRI, there were two areas of resistance that I wanted to see taken out. The lower of the two was breached and that was at $4.15 while the second, the 200 day MA hasn't been as of yet. Still, this chart is perking up nicely. The big volume push is seeing a lighter volume retracement now and that may lead to another push against the 200 day MA.

If you wish to speculate rather than wait, a purchase in the $3.93 area would be the place to do put on a partial position. The risk is back to the $3.86 level or so. If you want to play it more safe, then you put a buy stop above the 200 day MA. So far the stock is doing what it should be doing. Definitely worth keeping an eye on.

FTSE - Long or Short?

2006-11-13T12:27:00.000-07:00

Moniker: jacob adler
Symbol: ^ftse
[X] Entry
Duration: Short Term
Comments:

It's unclear from the request whether the desire is to go long or short so I'll just comment on the health of the index. I'm using the EWU as a proxy for that index as well. What we see with the EWU is basically what we see elsewhere with most markets and that is a nice rise to higher highs that is a bit extended but not hugely so. The continuing climb show little signs of coming back in just yet and support looks strong at that last breakout area around $22 on the daily chart. Just like with the US equity markets, it appears that it will take something rather dramatic to cause a down draft as the money just seems to keep coming. As an impartial observer, I probably wouldn't be shorting here and would likely be a dip buyer around that $22 area.

NEM - Go Long?

2006-11-09T08:54:00.000-07:00

Moniker: AD
Symbol: NEM
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: Looking for a bounce off the 20 MA and target of 49-50 with tight stop. Is this reasonable, attainable?

NEM is not the strongest stock in the sector but it is the largest one. They have had company particular issues that have held them back. As for the chart, on a short term basis I'm not that enamored with NEM as I would chase other momentum stocks (see my portfolio holdings) instead, but intermediate to long term I like it.
Risk is back to the $44 area probably (although I would probably hold through that if GLD still looked well) and yes, $50 is the next round target.

BONT - Go Short?

2006-11-08T10:40:00.000-07:00

Moniker: AD
Symbol: BONT
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: Looks like a topping pattern here. Check BEBE, CHIC, for similar action in retail.

BONT is in the retail sector as noted above and the retrace on lower volume it is showing looks suspicious.
The problem with this chart though is that it shows big volume moves on up days and that is problematic. It suggests that we won't see a big decline so I would probably pass on this particular one. BEBE and especially CHIC look a lot better as shorts here.

UST - Go Short?

2006-11-08T10:36:00.000-07:00

Moniker: AD
Symbol: ust
[X] Entry
Duration: Short Term
Direction: Go Short
Comments: Bad news for Tobacco? Top looks to be in here?

UST is in the tobacco sector and this pattern does appear to be a top on this particular issue ... at least for the short term. I can only agree that shorting this rise makes sense. We see MO catching some buying after the elections but I would assume that UST will start to pull back soon off the low volume retrace.

SIRI - Go Long?

2006-11-06T21:32:00.000-07:00

Moniker: jmar
Symbol: siri
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: i would like to go long eventually, do you see any improvement in this chart so far? thanks-

I've take two views of SIRI - one a very long term view
and the other a daily chart. As you can see in the long term view, there appears to be a very large cup and handle which is bullish long term. On the daily chart, there are two sore thumbs of resistance that I would like to see taken out before I put money into this one on an intermediate to long term time frame.
The first is there at the $4.15 area and the other at the $4.43 area. Taking those out would also remove the 200 day MA resistance and would tell us that it is something more than short covering.

GMST - Go Long?

2006-11-02T19:08:00.000-07:00

Moniker: jmar
Symbol: gmst
[X] Entry
Duration: Long Term
Direction: Go Short
Comments: gmst-gemstar-tv guide, question? is this a tricky time to be looking for long term charts, it probably would be better if we had the same set up in the dow like we did back in july -aug fo this year?

Again, if you pull this back to a weekly chart, it's clear that the big resistance lies at $3.90 or so.

I placed a down trend line on the weekly that was broken just recently but today it opened gap down off a big red candle yesterday and I quickly loose interest.

I don't know that you forget longer term plays do to the general market weakness but you clearly have to be a lot more careful about how you enter them and how far you let them go against you.

LNUX - Go Long?

2006-11-02T19:07:00.000-07:00

Moniker: jmar
Symbol: lnux
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: i might have found another one today lnux -va software corp, vol was pretty high

LNUX is one of a few players in the Linux aftermarket. I saw a deal between NOVL and MSFT today in this space that perked NOVL up on big volume. I show a weekly chart on LNUX because I believe it shows the intermediate term better. The real breakout point on this stock is not the current resistance level, but up arounnd $6.40.

If you scale back to the daily chart, you almost have to wait for this stock to break above immediate resistance at $4.69 and then work it with a tight stop if you choose to play it. With the general market starting to show weakness, I'm not sure that this is one I would put too much faith or money right now.

INAP - Go Long?

2006-11-01T17:20:00.000-07:00

Moniker: jmar
Symbol: iip
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: one more, i did get a daily buy signal on my daily chart and my weekly chart is still positive, the only reason these charts look good is because of the uptrend in the overall market since july/aug,

I believe the company you are asking for is Internap Network Services which I show as INAP. The daily chart shows a recent failure off of earnings back on 10/12.
That high volume gap down was tested yesterday and today and it was a failure at resistance which means we are going back down now. So how far?

If you pull this chart back and look at a monthly chart, you can see a large cup and handle formation. Looking at this chart, there looks to be risk all the way back to the $9 area which is a long way back down. I'm not sure I would want to mess with a buy on this one right now unless it reverses and takes out the resistance mentioned above. Otherwise, it's a revist later type trade in my opinion.

RMDX - Go Long?

2006-11-01T17:19:00.000-07:00

Moniker: jmar
Symbol: rmdx
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: would you take alook at this? its in a correction right now

RMDX is forming a nice bullish wedge and is reaching the penacle of that wedge currently. Ideally, one should wait for the break, especially at this late date since you have to give up so little in points to do so and reduce your risk greatly. A move above $2 with a little volume would be a clear signal this baby is ready to roll again. Interesting company as well although they look to almost solely dependent on the one product line.

GNSS - Go Long?

2006-10-31T06:27:00.000-07:00

Moniker: Alex
Symbol: GNSS
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: The stock is near all time low. Target: 13

Now GNSS looks like it may have finally found a bottom. That large volume gap down move likely blew out the last of the weaker hands playing for a turn and had some value buyers step in. The problem is, this will take a long time to play out. The good news is that you have your back to the wall as you buy down here as it's very clear where you have to exit and it also appears clear that you have buyers to support your efforts. The bad news is that this will likely take a long time to play out so you either need to buy and sell portions of a position as it moves up and back down for a while or look to be satisfied to hold for a good while as it develops.

SMTC - Go Long?

2006-10-31T06:26:00.000-07:00

Moniker: Alex
Symbol: SMTC
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: Target:: 13.50

SMTC looks a bit like the same idea as PLAY. Although the setup is a little better, the volume flows are just OK, and the real problem is where do you stop out. If you use $12 as the point, odds are pretty decent that it could test it again before your reach your profit target. It looks to me that you are just trying to catch a quick move and get out here. That momentum type trade works if SMTC breaks above the bowtie of MAs here at 12.80. That doesn't give you a lot of room to work with and your risk/reward parameters are less than I like but I believe that is what you are seeing here. Key things it to know where you leave the party if wrong in such a trade and this stop will need to be tight as a result.

PLAB - Go Long?

2006-10-31T06:22:00.000-07:00

Moniker: Alex
Symbol: PLAB
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: Target: 15

The only way to take on PLAB at this point is to stop out 30 cents lower and that seems like a low probability play. I don't see much of anything in this chart that I like; no good volume flows, etc. If you pull this chart back to a weekly or monthly, the volume flows are not good. Can't say much more.

KKD - Go Long?

2006-10-27T14:38:00.000-06:00

Moniker: jmar
Symbol: kkd
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: tat - would you wait before you would enter kkd after it had a press release today? i never thought i would see this come back like it did but im kind of cautious about chasing this one although my chart show this turning around about 10/16/06 this month

Jmar,

The idea is good here; the time frame right (short term trade) and the thought process that maybe you should wait is absolutely right. Here's my thoughts after looking at KKD. We see a solid break on volume of this first resistance line. You have to believe that a lot of that volume was stops as this thing is heavily shorted. Just like dip buyers don't fade away easy, shorts don't either and they will keep shorting this as it rises I'm sure.

To get a risk/reward that makes sense, you have to wait on this baby to come back in and test that break out. What you want is for volume to dry up as it comes back in. If it does that, then we jump all over it and try to catch a move up to that resistance point at $13 or so. In other words, a buy around $9.5 or so with a risk to $8.10-$8.45 and a reward of $12.2-$13 is well worth the trade. If it comes in on light volume the odds will be heavily in your favor. Bag em if the script plays out and I'll be looking to do the same!

CHTR - Go Long?

2006-10-26T12:52:00.000-06:00

Moniker: jmar
Symbol: chtr
[X] Entry
Duration: Intermediate
Direction: Go Long
Comments: tat would you please look at chtr, on my weekly chart my sma(200) is around 2.34, this chart has has turned around since june this year, today it really had alot of volume and price movement, im thinking maybe i should wait to enter after it reaches the 200sma and see how it trades at around 2.34? good idea ? on a daily chart it looks great, it trading above its 20ma and the 20ma is above the 50ma and both are above the 200ma, macd is very positive.

Jmar, you seem to have a knack for finding these low prices, good entry point charts. Today CHTR showed a classic break of resistance on volume.
There are a lot of things to like in this chart such as the double bottom over time, the break of the long term down trend line back in August and now the break of a key resistance line and on volume at $2. Although not shown on this 2 year chart, the next key resistance level is way up past $5 so there could be a double in this one over time. There will be short term resistance at $2.5 next and risk is back to the 20 day MA in my opinion. Too bad I didn't look this up earlier as I would have made an entry today. Another good find. Thanks,

UCTT - Go Long?

2006-10-22T21:10:00.000-06:00

Moniker: mcleert
Symbol: uctt
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: earnings out Monday 10-23-06-------looks good but downgraded by JPM

UCTT is in the semiconductor space, a space that has been taking on a little water of late. When you look at the daily chart, it's retracing on a little heavier volume that I would prefer but is still above the 20 day MA. I've pulled it back to look at it on a weekly chart as well and there you can see volume expansion off the top which is not good short term. The result is, I suspect it has more retracing to do before any kind of real pop back higher. A break of that 20 day MA could lead to a quick retrace back towards the 50 day MA and that would be a much better entry point as long as volume does continue to expand.

NTRZ - Go Long?

2006-10-19T21:15:00.000-06:00

Moniker: jmar
Symbol: ntrz
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: i think i found a low price stock that might be turning around? although i see no institutional holdings there has been 1 guy steven saunders director who has been loading up,right now it looks to me like it might be in a short term correction, anyway would you look at this one thanks

No problem. My pleasure as you and others continue to make good finds. NTRZ is in the health foods space and you are right about this chart; it's very interesting.
The first thing that strikes me is that this stock looks to be ready to take out those previous highs of a little more than a year ago on volume. It has made the surge and now looks to be digesting that move and readying for the next. If you look all the way back, it's all time highs are at $2.2 or so which is not that far away. This looks to be another gem to add to our long term list. This makes my fourth one on that list (SVVS, H, PMDX and now NTRZ). Good find.

CELG - Go Long?

2006-10-19T14:27:00.000-06:00

Moniker: Alex
Symbol: CELG
[X] Entry
Duration: Short Term
Direction: Go Long
Comments:

I'm not sure I agree on this chart. I don't like the risk to reward setup.
On the reward side, give the way this is moving higher (low volume), that $48+ area looks to be a hard bet to go any higher. On the risk side, you have to give it room back to that support area of $44 and change at a minimum. I just don't see the trade going long, even short term.

MIL - Go Short?

2006-10-18T11:32:00.000-06:00

Moniker: Alex
Symbol: MIL
[X] Entry
Duration: Intermediate
Direction: Go Short
Comments: Big H&S on weekly. Whats the odds of a 3rd push lower and whats the target?

MIL has been stuck in a down trend of selling and the question is, will it continue? Looking at today's behavior ( a continue retrace on even lighter volume) my thought is, why not?

Alex points out the large H&S topping pattern on the weekly chart and that it is. The neckline is at roughly $60 and the shoulder just above $64. What interests me most right here is that you have this low volume rise into stiff resistance on absolutely no volume. That gives us a good entry point with a intermediate term target of the low 50's if we get the neckline break. I'm in!

SINA - Go Long?

2006-10-10T05:53:00.000-06:00

Moniker: AD
Symbol: SINA
[X] Entry
Duration: Short Term
Direction: Go Long
Comments: Bull wedge at MA support

The comments due apply here as SINA has pulled back on lighter volume creating a wedge just above key MAs. Risk is the lows just below the current price point whereas reward is a break of the wedge and a push back to retest recent highs. Earnings out in two weeks so it may be capped before then or, in this market, it may break through that on anticipation.

PMDX - Go Long?

2006-10-05T05:50:00.000-06:00

Symbol: pmdx
[X] Entry
Duration: Long Term
Direction: Go Long
Comments: volume has been great for 2006, im always looking for the next ntri,hans, any thoughts?

I've put PMDX on a weekly scale to highlight the volume flows you are talking about and they are big comparatively.
My style has never been to pick long term winners as I believe that requires more rigorous fundamental analysis but to pick a stock that clearly has accumulation and have the wherewithal to stay with it over time is something you can do technically and something I need to improve personally. PMDX has volume flows that are quite positive. If I pull the chart back 20 years, it traded in the $6+ range many years back. I don't know what's different now, but clearly someone believes in it and is putting there money where their thoughts are. That breakout over $2 was critical and it should not give that up now as that was a 4 year high that was taken out. I would look to accumulate anywhere between the current price and that $1.8 price. If it slipped much below there I would have to give up on it. This is a nice find and I'll look to accumulate and play this longer term myself.