CMOS: Credence Systems Corp.
CMOS is looking, to me, like it’s basing it’s ass off right now. This one is a good stalking candidate and on a confirming move through resistance it looks like it could move quite a bit.
The only ugly thing on this chart is the RSI. It IS trending upwards but I would hardly [...]
DUG: Ultrashort Oil and Gas
Is it time to short Oil and Gas? DUG is an ETF from ProShares that does exactly that and based on today’s news of oil passing $126 bucks it might be time to short?
This idea was spawned by this post on Break Out Watch and it made me want to check into DUG just to [...]
CSAR: Caraustar Industries
CSAR is looking like it may have finally finished building a base and is about to start climbing back upward.
RSI and MACD have been trending upwards since mid March creating positive divergence until about April 28th.
I think the chart looks pretty good and we have some minor resistance around $1.73.
Buy now @ $1.66, when the [...]
MCD: McDonalds Corporation
“Bah Da Dat Dah Daaaah I’m Loving It!” Yep, McDonalds and i think MCD is looking amazing right here.
The chart above (and linked) is a 2 year 6 month weekly chart of McDonald’s. McDonald’s is a well diversified multinational with an efficient business model and awesome breakfast menu.
THIS is how I want an [...]
STLD: Steel Dynamics, INC
STLD is showing a beautiful upward trending price channel with pretty “predicable” tags on the 20 day moving average.
Today was a down day and it looks like it may be a buying opportunity as the price just hit the channel’s bottom support line.
Another positive is that the dips in price have been led by fairly [...]
RMDX: Remote Mdx, Inc
RMDX is a dog. Look at that crash!
Regardless, it looks like RMDX is trying to get up from that beat down and with three touches @ the $1.75 mark it could bust through and move higher.
If this baby breaks above $1.75 on good volume, i would buy and set a SUPER tight trailing stop loss. [...]
DNDN: Dendreon Corp Again
DNDN is looking like it might be setup for a break out. The RSI has been trending up and it IS a little high but that might be OK at this point. MACD looks alright as well.
I think buy this if it crosses above $5.89 and set a tight stop trailing stop loss. [...]
HMY: Harmony Gold Mining Co.
I think that with Harmony Gold there is an opportunity to steal a couple points in the near term future.
Check out the chart on the left; HMY has clearly been trading in a channel that began around August and is still moving side ways. Currently, we are near the bottom of the channel [...]
EFII: Electronics For Imaging, Inc.
Quick and Dirty: EFI is showing the same cup and handle as e*trade setup. The price action looks nice, RSI is bastardly beautiful and MACD is trending upwards but i have to say, the Slow STO is ugly as hell. I would suggest watching what happens on this one as the signal on [...]
ACTU: Actuate Corp
I think this chart of ACTU has big potential for a break out. Check out the setups on the RSI, MACD and Slow STO.
RSI is trending upwards with three touches on the trend line indicating a pretty solid/strong uptrend in this indicator.
The MACD is JUST about to have a bullish cross and is under -.50. [...]