Not the right time… $FEYE

Do not fall for the trap. The stock is in bearish phase, in a sell signal after a double bottom breakdown at $31.00 and in a column of Os! This looks very dangerous! I would not initiate a long position since the technical picture is not appealing.

Be careful…. $BBY

Best Buy is in bullish phase and in a buy signal, but it is very close to give a sell signal. If you are long, you must set the stop order at $28.00 on the double bottom breakdown sell signal. At this point, there is small support at $22-24 then at $19.50 on the bullish […]

Look elsewhere!!! $RIG

Transocean Inc is a very weak stocks within a strong sector… that is a bad start for this bad boy…. The stock is in bearish phase, in a sell signal after a double bottom breakdown at $39.00 and in a column of Os. Avoid at all costs! Better to look for the tip of the […]

$ARWR

Beautiful looking chart! The stock is in bullish phase, in a buy signal after a double top breakout at $14.00 and it is back to a column of Xs! OK to consider a long position with a stop order at $12.00 on the double bottom breakdown sell signal, bullish support trendline violation and bullish signal […]

$DKS is not ready yet…. careful

Dicks Sporting Goods is in bearish phase, in a sell signal after a double bottom breakdown at $42.00 and in a column of Xs. The technical picture does not look appealing at the moment. The stock has been making lower highs and lower lows. In order for us to consider a long position, we want […]

A significant breakout?! $TSL

Trina Solar made a significant breakout today! The stock gave a double top breakout buy signal by reaching $13.50 today. This also violates the bearish resistance trendline which puts the stock right back in bullish phase. If you want to consider a long position, set the stop order at $12.00 on the column reversal to […]

Not a bad idea to sell here… $ACHN

Thinking analytically here… the stock is at multi-year highs. There is strong resistance at $11.00 to $12.50 Considering that the stock jumped 400% in two months…. makes it a very suitable candidate to lock in profits and don’t look bad. If you still want to be long, at least set the stop order at $9.50 […]

This is the plan to invest in …. $DGLY

Digital Ally Inc. remains in bullish phase, in a buy signal after a double top breakout at $9.00 and in Xs. Since there is no known support until $6.00, it is BEST to set the stop order at $12.50 on the column reversal to Os!!! Always remember to lock in profits. OK to add to […]

Almost ready, but hold on… $KERX

Keryx Biopharma is back to a column of Xs after reaching $17.00 The stock is at multiple resistance at this point. Therefore, we want to see a close above $17.50 to add to an existing long or to initiate a long position. The stop order MUST be set at $15.00 on the double bottom breakdown […]

Nice trip! but be careful $BITA

Bitauto remains super strong! in a column of Xs, in a fresh buy signal after a double top breakout at $85.00 and in bullish phase. Time to raise the stop order to $89.00 on the column reversal to Os to lock in profits. There is no known support until $76.00!

Are things bad? $QIHU

Things are not as bad as they seem. the stock is back to a column of Os, but at least found support today at $92.00 on the bullish support trendline. The stock remains in a buy signal, and also in bullish phase. If the price reaches $95.00 tomorrow, we could start a long position with […]

Is the trade done?! $JRJC

China Finance Online, perhaps a shady company is on the spot today! The stock had an amazing run from $4.25 after it completed a bullish triangle and broke the bearish resistance trendline at $5.00. The stock is about to change to a column of Os!!! That’s bad news! At this point, there is no known […]