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:
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:
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:
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:
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