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Author Archive




Starting To Grow (Grow Stock Chart)

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I have been waiting a while for GROW to make a move and today it looks like it may be the start of one. I loaded up once it broke the resistance around 20ish. The stock is still in the downtrend but I have a good feeling about this. I am looking forward to buying more once it pushes towards 23.



OMTR SHORT (Swing Trade)

You can probably get away with short OMTR here at $35.70 for a swing trade. I sold my position here expecting a correction in the coming week where I can re pick it up.



Investing Strategies

Congratulations everyone for a great month. Money seemed to come very easy. I would like everyone who reads this to post a comment explaining or just telling us you best investment statagies. The one that I found out works for me the best are finding charts with up trends that seem to be stable, dump money into them and hold. I also like to find stocks that tend to trade within their BB. The strategies that didn’t work to well was when I tried to day trade. It seemed to be more then just a gamble when I tried not to mention the stress. I guess I do not know how to day trade yet. Also I used to sell stocks after a moderate move just happy to take a small profit while missing the bigger move to come. I now hold stocks alot longer then I used to and it has been more profitable.
Now lets share what works best, and maybe some people can adopt your method or trading and making there trading days more profitable.



Update

Well I was in school all day today and noticed that some stocks got slammed. NTRI, LDK, and TSL. Might be a good time to pick up some solar stocks. I also have been watching RMH. They pay .12 cents a share every month and the stock is only 8$ and change. If anyone has any input about this stock please share.

PAST CHARTS

It has been a good month for the stocks that have been posted.

SPWR -UP $25!!! Followed the trading rage perfectly

ICE - Never lost faith, up over $20 since the chart

ZNH - down 10$ in 2 days since the chart was posted noting the blow off top. Not sure how much further if so it will go down.

DWSN - I really wish it would come down to 70$ so I can pick more up

SCHN- Waiting for a new high to be made or a 70$ print line to buy more

RIMM - Earnings are tomorrow. Would just be a plain gamble to call this one. But got 5$ out of this one from 100

CSUN - Wish I got you guys in sooner

OMTR -Just going crazy. Waiting for a pull back to buy more. There should be one hopefully.

AEM -Poised to go higher. I am seeing $60 in the next couple months

GIGM- Waiting for it to make me rich

TPX - poised to go higher



Blow Off Top or Stock on Sale (ZNH stock chart)

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I really wish I found out about these stocks back in January. Well usually what seems to high goes higher and what seems to expensive is usually too cheap. The surge of volume with the all time high looks like a blow off top to me. I am neither going to go long or short at the moment, but I would lean to the short side if forced to pick one. Keep this on your watch list, if it starts to make a new high in a few months from now then jump on in.



DWSN Stock Chart

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I just noticed this chart the other day unfortunately. I hope that I am not too late. Well if it comes down to $70, i am buying, I may take a small position here though.



SCHN UPDATE

Congrats to al who got into SCHN when I posted it 5 days ago and $10 cheaper. Time to make some money. Rimm short is looking good at the moment as well.



RIMM STOCK CHART (SWING TRADE)

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This opinion of mine is only for a short term trade. I am going to short this and cover as soon as it makes a new high. It is over bought and I really think that it should see the low 90`s next week. RIMM does not like to be in over bought situations if you look at the chart unlike HANS.



I can see the sun shining (CSUN STOCK CHART)

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This is an interesting stock. Its ipo was about 16. I bought a few shares then. The stock then dropped below $5. As it came back up, it retraced back to support where I loaded up and kept a tight stop loss. If you have not bought this stock yet, then I would just keep an eye on it and mabye you can make some money off the mo mo. It definitely broke its downward trend with some nice volume. This company actually has a lawsuit against it if you check on yahoo and supposedly they are losing money, but how can one argue with this turnaround.

(AEM - I am loading up on some shares tom at the open and keeping a tight stop loss around 45ish)



OMTR Stock Chart

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I know I have spoke about this 3 weeks ago or so. IM sorry if the stocks seems redundant but I like to emphasize stocks that I really like. Here you can see that this stock is in an uptrend with its volume increasing nicely. I am going to maintain my position on this stock until it breaks its trendline. Once it hits the trendline, I am going to load up some more and once I get back to school, I will be able to draw on the charts because stock charts is not working on this computer. Also check out CSUN, I will put a chart up later. Might get some momo off of it.



Gold makes you rich (AEM STOCK CHART)

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I mentioned this stock a while ago at 45. Unfortunately it went right down but has since come up. As you can see 45 ish was resistance and it took it out on good volume. It has hit 52 and has come back down a little bit. This is a gold stock and right now gold is strong. I am going to keep my eye on this one. I LIKE IT



SCHN Stock CHART

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This stock finnaly has made my hair turn back to being black from gray. I bought this after the gap up around $60. It then went to 45  and is now making new highs. The rsi looks fine as well as the MACD. I am going to keep my position in this stock.



GIGM Stock Chart

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I know I have spoke about this stock a few times int he past. It is making new highs after a test to the old high and a pull back that I really like. It seems a little over bought but that is not saying much. HANS was overbought for about 40pts. I am prob going to reestablish a position very soon.

 



TPX

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So stock charts is still not working for me so I cant draw on the charts. Well, I mentioned this stock 10pts back and I shall mention it again. Its making a new high, breaking out of old resistance and the MACD and RSI both look good. Keep an eye on this stock.



Finals are over, Lets get some rest

Okay, Im trying to annotate a chart right now but stockcharts is not working with me. Finals are over and I will try and get a new chart up every day. The 1st chart that I am trying to post is TPX (Tempur-Pedic). I am very tired from finals and I might as well buy this stock then rest on there bed. I hear they are comfortable. I put this chart up a few months back (10pts back) and I like the way the chart looks again. Once stockcharts starts to work again, then the charts will be on there way.



So Far So Gooood

So far, the previous stocks and charts that I have put up have done what I expected them to do.

SPWR - Trading in the range and acting right

DRYS - Steaming ahead

LFC - Went up about 10pts the next day

ICE - Up 15pts from the chart

OMTR -Dont loose faith

AMZN - Need I say more?

SMSI -Hit the target of $17

TBSI -Steaming Ahead

BIDU - Making all time highs

Lets just hope this market does not try and do anything irrational. Not like it ever does or anything. I will continue to look for undercover charts that I think will do good. I am in the last 2 weeks of finals, so once there over I will be back strong.



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Here is a good looking chart even though the Fundamentals sucks.  It seems to be trading in a range. I am probably going to buy around this level and keep a stop loss below the lower trading line. Lets keep an eye on it.



Check it out

I am liking DRYS and LFC. Might come down a little bit but I will put a chart up later. I have been meaning to put up these charts after that plunge last week



Ice Stock Chart

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If i only listed to myself. I said during the last post about ICE that the lower BB provided good support. I should have sold once it broke support. I held, watched it go to 117 and was about to have a heart attack. I still like ICE and still have Faith.



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This is one of the few stocks that I own that didnt get destroyed during the market dip. Looks like it is starting a tred line. Im in on this one.