$NKTR

Nektar Therapehutics remains in bearish phase and in a sell signal after a double bottom breakdown sell signal back in April. The only good news is that the stock is in a column of Xs. Therefore, if you are considering a long position, wait for a close above $15.00 on the triple top breakout buy […]

$P

This bad boy is no man’s land. The stock is in bullish phase, in a buy signal and in a column of Xs. However, the stock has been making lower highs since July. However, be prepared… if you see a close above $29.00,that is your buy signal and you could initiate a long position! Until […]

$VIMC Lock profits !

Vimicro Intl remains in bullish phase and in a buy signal after a double top breakout buy signal at $4.00. Since there is no known support until $2.50, we MUST set the stop order at $7.50 on the column reversal to Os! It would be a shame not to lock such precious profits.

Undecided on what to do? $VHC

VirnetX was in bearish phase, and in a sell signal… a reason powerful enough not to take a long position. What’s worse today is that it completed a bearish triangle by reaching $13.50 on the double bottom breakdown sell signal. Unless you enjoy gambling, there is not reason to pick this corpse

$PBR

The reason why I am going long right now at $16.49 is because the stock is on the bullish signal support. This means that it has been making higher lows since March, and we can see an almost perfect stairway going up. I am going long with a stop order at $15.00 on the double […]

$SCTY

SolarCity gave a triple top breakout buy signal today by reaching $74.00!! This is a great opportunity to initiate a long position with a stop order at $66.00 on the double bottom breakdown sell signal. Notice how the stock has been doing higher lows since June. OK to add a second traunch after a close […]

$PCLN

Not a bad idea to start looking for a reversal here. the stock is in a sell signal after a bearish catapult at $1190.00 However, the stock is very close to the bullish support trendline. Therefore, if the stock reaches $1200, we could initiate a long position on the column reversal to Xs. We must […]

$YHOO

Yahoo! Inc gave a new X after reaching $43.00! the stock is in bullish phase, in a buy signal after a quadrouple top breakout and in a column of Xs. Since there is no known support until $33.00, we must raise the stop order to $40.00 on the column reversal to Os.

$LULU

A significant breakout occurred today… The stock returned to the first buy signal that does not seem like a bull trap after completing a bullish triangle. The stock is in a column of Xs, so we could initiate a long position (small… 1/2 at the most). Let’s not put all the eggs in the basket […]

$GOGO

Significant breakout! The stock is finally trading in bullish phase again, and in a buy signal after an ascending triple top breakout and in Xs! OK to consider long positions with a stop order at $16.00 on the double bottom breakdown sell signal!  

$OREX

Orexigen Thera is back to a column of Xs, but it hit its head hard against the bearish resistance trendline. The stock will change back to Os after it touches $5.00 This is certainly not a good stock to initiate a long position, from the technical analysis point of view. Avoid.

$GPRO

GoPro is a nice stock to own… it is in bullish phase, in a buy signal after a double top breakout at $58.00 and in a column of Xs. However, there is no known support until $53.00. Therefore, if I was long, I would set the stop order at $67.00 on the column reversal to […]

A simple trading idea $FEYE

FireEye¬† remains in bearish phase, but it is close to complete its second buy signal after a double top breakout at $37.00. The stock has also generated a bullish signal after making higher lows. Therefore, if you hold a long position, you could set the stop order for 1/2 of the long position at $33.00 […]

$YHOO

The technical picture remains unchanged. The stock is still in a column of Xs and in a buy signal after a quadrouple top breakout buy signal. Therefore, you should maintain a long position WITH a stop order at $39.00 to lock in profits. At this point,t here is no known support until $33.00

$PANW

Palo Alto Networks completed a bullish catapult by making a double top breakout at $93.00 The column remains in Xs. Beautiful looking chart… Now, there is no known support until $87.00, and if you want to keep some of this profit, you could set the stop order to $96.00 on the column reversal to Os! […]