$NOK

The technical analysis for BlackBerry still suggests that this is not the right time to have an exposure for the long term. The stock is in bearish phase, in a buy signal after a double top breakout at $11 in July and in a column of Os. Therefore, it only has 1 out of 3 […]

$SNDK

SanDisk Corp is back to a column of Os after reaching $83 today. The stock is in bearish phase and in a sell signal too. Up to now, zero technical attributes. Better to avoid this bad boy until the technical picture improves.

$RIG

TRansocean Inc remains to be a crappy stock. It is in bearish phase, in a sell signal after a double bottom breakdown at $39 and in a column of Os. At this point, there is no known support. Better to continue to avoid.

$TKMR

Tekmira Pharma is in a sell signal after a double bottom breakdown at $23.00. This is the first time it is on a sell signal since July 2014. Therefore, this is not a good time to initiate a long position or to hold long. A close below $20 will give a spread triple bottom breakdown […]

$AAPL

The technical picture of Apple has deteriorated. The stock gave a sell signal after a double bottom breakdown at $97. This comes after a triple top resistance at $102! The last time Apple gave a sell signal was back in Jan 2014! We must not consider a long position until we see a new buy […]

$INO

We must remain cautious with Inovio. The stock is in bearish phase, in a sell signal after a double bottom breakdown at $9.00, and it just reversed to Xs today. However, there is strong resistance at $12-$12.50 on the bearish resistance trendline! It is not a bad idea to lock in profits. The risk/reward does […]

$SPY

The S&P remains in a column of Os, and in a sell signal after a double bottom breakdown at $188. Therefore, we must still not consider a long position despite the nice recovery from the markets today. Wait for a new buy signal… The stock will change back to a column of Xs after it […]

$WMT

Wal-Mart remains in a buy signal after a double top breakout at $79 in Oct. However, the column has reversed to Os today. If you are long, the stop order must be set at $72 on the double bottom breakdown sell signal. This will also violate the bullish signal (higher lows) formed in Oct 2013. […]

$MNKD

MannKind remains in bearish phase, in a sell signal after a triple bottom breakdown and it just changed to a column of Xs. The bad news is that the technical picture remains deteriorated, so investing in MannKind is still not favorable rom the technical perspective. Better to wait for a buy signal.

$NFLX

More bad news… and this one is significant! The stock gave a new double bottom breakdown sell signal by reaching $432 this morning. This sell signal comes after a spread triple bottom breakdown sell signal which completes a bearish catapult. We must not consider any long position until we see a new buy signal. Stay […]

$BAC

Hello fellas! We are back to monitoring Bank of America. The stock still looks great from the technical point of view (PnF). It is in bullish phase, in a buy signal after a double top breakout that comes back from Dec 2012. Your stop order MUST be at $15 where the column will change back […]

$NQ

NetQin seems to be slowly getting on its feet again. The stock is in a column of Xs, and in a buy signal after a double top breakout at $8.00 However, the stock is in bearish phase. Therefore, if you want to go long, you must set the stop order at $6.00 on the column […]

$INTC

Intel Corp. looks worrisome because it is in a column of Os and there is no known support until $19.50. Other than that, the stock looks fantastic. It is on a buy signal after a double top breakout in May and in bullish phase. I would wait until we see a new column of Xs […]