http://chartist.zigzo.com My Open Chart Journal... Wed, 03 Sep 2008 01:13:09 +0000 http://backend.userland.com/rss092 en Check it out, DDM looks to be trending in a nice upward channel in addition to triangulating.  I think that we will continue to see DDM move upward over the long term and a buying point might be a touch to the bottom support or break through $65.  Just thought this was ... http://chartist.zigzo.com/2008/09/02/ddm-ultra-dow-30-proshares-fund-2/ Avis Budget Group is looking interesting in this current chart. I think there are two potential options: If the price can fill June's tiny gap and break through $8.53 then we could see the price move towards resistance @ $9.17 and then $10.19. Option 2, which i think is the most likely, is ... http://chartist.zigzo.com/2008/08/18/car-avis-budget-group-inc/ DDM is an ETF that tracks the Dow and is described as: "The Ultra Dow30 seeks investment results generally equivalent to twice (200%) the performance of the Dow Jones Industrial Average Index." That said, there are some very positive signals on this chart (circled in red) that indicate a market rally is ... http://chartist.zigzo.com/2008/07/20/ddm-ultra-dow-30-proshares-fund/ I just got off of the phone with SCHW after opening 2 accounts (a checking and brokerage).  Their support was PHENOMENAL to say the least.  These guys are doing it right. While talking to the support guy i realized he was knowledgable in everything from technical analysis, to web technology and ... http://chartist.zigzo.com/2008/06/16/schw-charles-schwab-corporation/ Super quick update on this one. I made a call on this guy back in April which I feel was not a *great* call. I was expecting the stock to move above $35.56 much sooner but regardless I was reviewing that post today, and when checking the charts ... http://chartist.zigzo.com/2008/06/14/stld-steel-dynamics-inc-resistance/ This chart of CRME looks fairly good.  It's a bit messy , and that's how it goes with pharma companies, but i do think there are some tasty nuggets hidden in here. The RSI has been trending upwards since February and will probably come down a bit to tag the trend ... http://chartist.zigzo.com/2008/06/07/crme-cardiome-pharma-corporation/ This (very) messy 12 month chart of PRGX on the left is showing a few good signals. Primarily I believe PRGX has formed a cup with handle pattern and will be testing the upper resistance shortly if not Now.  There is also an upward price channel that has formed starting around ... http://chartist.zigzo.com/2008/05/25/prgx-prg-schultz-international/ THQI appears to be setting up for a break out in the near future. MACD is under 0 and is moving north.  In addition, it just had a bullish cross. RSI is also moving north and a couple days ago just passed through the 80 mark which is considered a bullish signal. STO ... http://chartist.zigzo.com/2008/05/23/thqi-thq-inc/ The pic on the left is a weekly chart of CLDN. CLDN has formed an ascending triangle that is getting down to the do or die area on both the weekly and daily charts. . . . This is the daily chart. Both charts have resistance looming around $11 - $11.50. . . . On a ... http://chartist.zigzo.com/2008/05/21/cldn-celadon-group-inc/ WNR might be in for a quick pop between $9.50 to about $10.50. If we broke through $9.50 this would be a cross through two key points: The previous support floor The 20 day EMA Speaking of the 20 day EMA, check out what happened the past two times WNR moved crossed it.  Both ... http://chartist.zigzo.com/2008/05/20/wnr-western-refinning/