Right Side of the Chart

...because anything to the left is history
Mar 112013

HMY looks to be offering an objective entry around current levels and will be added as an Active Trade at the open tomorrow barring any unusually large gap in either direction (2% or more).  Harmony Gold, like many of the recently posted mining stocks trade [continue reading…]

 March 11, 2013 5:01 pm  Completed Trades - Long, Gold & Commodities Tagged with:  Comments Off on HMY long setup & new entry
Mar 112013

Zooming in on the AAPL trade/setup even further, here’s a 60 minute chart which shows that key downtrend line that I’m watching for an additional/confirmed buy signal.  As you can see from this chart, that downtrend line currently intersects a nice resistance zone (as defined [continue reading…]

 March 11, 2013 4:03 pm  Completed Trades - Long Tagged with:  Comments Off on AAPL 60 minute chart
Mar 112013

Although I didn’t specify it in the early post today, those interested in the AAPL long could certainly take an initial position on a break above the lower wedge trendline.  In fact, the stock is moving up sharply as I type so by the time [continue reading…]

 March 11, 2013 2:49 pm  Completed Trades - Long Tagged with:  Comments Off on AAPL long setup optional entry
Mar 112013

IAG is breaking out above this 60 minute downtrend, thereby offering an objective long entry here with the appropriate stops in place (based on your preferred target).  This pattern has nice positive divergences in place below plus IAG has recently (so far) found reversed off [continue reading…]

 March 11, 2013 11:18 am  Completed Trades - Long, Gold & Commodities Tagged with:  Comments Off on IAG long entry
Mar 112013

OCN looks like an objective add-on or new short entry here as prices have turned down after a recent successful backtest of these dual intersecting trendlines preceded by the recent primary uptrend line breakdown.  Suggested stop over 43 area.

 March 11, 2013 11:01 am  Completed Trades - Short Tagged with:  Comments Off on OCN short trade update
Mar 112013

LEN looks like an objective new entry or add-on to an existing short position here as it backtests the recently broken bearish rising wedge pattern.  Updated daily & weekly charts:

 March 11, 2013 10:39 am  Completed Trades - Short Tagged with:  Comments Off on LEN short trade update