*Shankapotamus'''' Playpen*

[Chart Addict]

Four bank plays - under $1.00


OPHC



Stock consultant prognosis:

BULLISH Probability - Intermediate trend possibly bullish, Sideways trend near lower support.
Probability - Oversold, odds favor long trades.
Probability - Mild bullish 3 day chart pattern with Good 3 day accumulation.
Confirmation - Extreme bullish 1 day moneyflow
Confirmation - at support

BEARISH None

See: http://www.nasdaq.com/symbol/ophc/stock-consultant

Renko chart:




FBC



See: http://www.nasdaq.com/symbol/fbc/stock-consultant

Note: Zacks #1 Rank Addition on April 16, 2012.

See: http://finance.yahoo.com/news/zacks-1-rank-additions-wednesday-125623070.html

Renko displays uptrend with pullbacks:




CBCR



Comments: No Nasdaq Stock Consultant report available because it is an OTC stock. CEO once voted banker of the year. Company is divesting itself of majority ownership of several regional banks in an effort to fix the balance sheet. Very easy to trade using a daily Renko chart.



See generally: http://finance.yahoo.com/q?s=cbcr&ql=1


FMAR



Company reported net income of $1.8 million for the first quarter of 2012, compared to a net loss of $7.3 million for the first quarter of 2011. OTC, hence no Nasdaq Stock Consultant report, and it is unrated by Zachs.

Renko chart displays strong uptrend with minor pullbacks.



See generally: http://finance.yahoo.com/q?s=fmar&ql=1

[shankapotamus]

$APPA is being accumulated in stealth mode? I nibbled on a few hundred shares yesterday.

Something might be coming SOON:

About APF530

A.P. Pharma's lead product, APF530, is in development for the prevention of both acute-onset and delayed-onset chemotherapy-induced nausea and vomiting (CINV). APF530 contains the 5-HT3 antagonist, granisetron, formulated in the Company's proprietary Biochronomer™ drug delivery system, which allows therapeutic drug levels to be maintained for five days with a single subcutaneous injection. Intravenous and oral formulations containing granisetron are approved for the prevention of acute-onset CINV, but not delayed-onset CINV. Granisetron was selected because it is widely prescribed by physicians based on a well-established record of safety and efficacy.

About A.P. Pharma

A.P. Pharma is a specialty pharmaceutical company developing products using its proprietary Biochronomer™ polymer-based drug delivery technology. The Company's primary focus is on its lead product, APF530, for the prevention of CINV. A.P. Pharma received a Complete Response Letter on the APF530 NDA and is targeting the resubmission of the NDA in mid-2012. The Company has additional research and development programs that utilize its bioerodible, injectable and implantable delivery systems. For further information, please visit the Company's web site at http://www.appharma.com.

[shankapotamus]

Geez, what's up with coal?

[Chart Addict]

HRDN - worth watching closely





http://www.hardnutrition.com/

[Chart Addict]

Two coal breakouts already!

[Chart Addict]

On close watch today

MLPH - possible breakout; BMSN - rounding bottom; USEI - possible pullback in the making; RARS - apparent rounding bottom; CLNO - possible breakout; IMDS - churning away; ALSK - three closes above MA 50; FMAR - but waiting for UYG to turn about; PCBZ - high volume, possible breakout in the making.

Also watching the usual suspects - cheap bank stocks such as CBCR and FMAR, coal, gold miners, shipping. . .

[Chart Addict]

SMKY under the microscope

Daily:



Weekly:



Daily with RSI, EMA envelope & MACD:



SMKY ala Renko:

[DOLLARLAND]

SMKY Weekly

Starting to make a move, just like last summer. This summer will have some concrete news, though, where last summer was just speculation.

[Chart Addict]

There's gold in them hills

The web has been all abuzz about gold mining, lately. The general consensus is that the gold mining ETFs may offer greater opportunities over the shorter term than the hard metal itself.

A recent article by Olivier Ludwig and Cinthia Murphy of IndexUniverse entitled Best/Worst Weekly ETF Returns: Gold Miners Shine notes that of the top ten performing ETFs during one recent week in May, four of them were gold miners, namely GLDX, GDX, GGGG, and RING. If you care to count SIL, the Global X Silver Miners, fully one half the list is populated with miners of one of the two more precious metals. (Silver has historically lagged somewhat behind gold, but has generally followed gold's overall trend over the longer term).

In a thoughtfully constructed article on Seeking Alpha entitled The Miners Are Forming A Major Bottom, the author explains that “miners are forming a major bottom, and will likely outperform both gold and silver in the next bull market phase.” The article is replete with charts, as well as a great deal of relevant information with respect to gold itself as a commodity, and gold mining as a potentially more lucrative investment at this juncture.

In a universe that is overpopulated with ETFs, there is no shortage of vehicles to trade. According to the Gold Miners ETF List at ETFdb, your options include GDX, GDXJ, NUGT, PSAU, RING, DUST, and GGGG. All have similar charts, some having triggered Renko buy signals (according to my interpretation as previously described here) while some others would appear to be poised to generate them. I would encourage one and all to take a close look at this play.

Finance.Yahoo.com is always a handy place to start, but there are other places that can provide a more comprehensive list of each individual ETFs component companies. The two least expensive ones are NUGT, which closed today at $13.26 on volume of 3.3 million shares traded, and GGGG, which closed out the day at $10.92, but on what may best be described as thin volume of only 13.5K shares. As a budget conscious investor, I'd prefer to pay the premium for NUGT because of the greater liquidity that comes with the higher volume.

Here is the Renko chart for GGGG:



Here is the chart for NUGT:



All things being equal, I think this may be a safe investment as it is hard to imagine the bottom dropping out with so many scared investors buying gold as a hedge against losses. Indeed, for the bottom to suddenly drop out from under it, a global economic catastrophe of proportions well beyond Greece dropping out of the Eurozone will have to occur. Indeed, it is the bank-created crisis and the subsequent crash that have have largely provided the impetus for gold's rise in value.

[Chart Addict]

> Watching your Renko chart on IVAN

See message 2382 for an explanation of how I generally interpret the Renko signals.

There is also a link to an article on Renko from Breakpointtrades in that message.

[Run4It]

Watching your Renko chart on IVAN....is the buy trigger the first white candle on the Renko chart? Other indicators to wait for?

[Chart Addict]

Reflection on online shopping AMZN GRPN FB NFLX


Amazon (AMZN) has my number. That is to say that its advanced algorithms know my shopping preferences. They know what I like so well, that it's almost scary. I have made purchases of items that I would not have known existed were it not for Amazon's recommendations.

Among the recommendation I found when I logged in this morning was “The New Sell and Sell Short: How To Take Profits, Cut Losses, and Benefit From Price Declines,” by Alexander Elder. Naturally, I clicked on the link and found not only that I could browse portions of the book online, but that there were three videos by Elder himself discussing the benefits of short selling (or of simply knowing when to sell a long position) in a bear market.

See for yourself: http://www.amazon.com/The-New-Sell-Short-Declines/dp/0470632399/

Other recommendations for me in the book department included: “How to Make Money Selling Stocks Short” by William J. O'Neil and Gil Morales; “High Probability Trading” by Marcel Link (which I already have and highly recommend); “Trading Price Action Trends,” byAl Brooks; and “Japanese Candlestick Charting Techniques,” by Steve Nison, among others.

Recommendations in music included three CDs involving Sonic the Hedgehog. My daughter was the beneficiary of a Sonic Soundtrack CD this Christmas, and Amazon remembered that. Oddly, there were no recommendations of the variety that had hooked me into actual purchases in the past. Such as the then-new Steve Winwood CD (which I bought and greatly enjoy); a Dark Side of the Moon remake by various artists (that I hate and regret purchasing ((I read the user reviews, and they warned me not to buy it)) ). That experience will keep me from buying the recommended “A Tribute to Pink Floyd: Back Against the Wall” by various artists, and “Pink Box: Songs of Pink Floyd” also by various artists. Burn me one, shame on you, burn me twice . . .

Hey - New for Me! The Beatles Yellow Submarine on Blu Ray disk; “Analog Man” by Joe Walsh (I'll pass on that, thanks); “Everybody's Talkin'” by Tedeschi Trucks Band (never heard of them); and “Driving Towards The Daylight” by Joe Bonamassa. I'd never heard of him, but I suppose it won't hurt to play a couple of clips online.

[Time passes].

Sounds like a cross between Ritchie Blackmore's Rainbow, Mark IV Deep Purple, early Led Zeppelin and Joe Walsh. Not bad, but it misses the mark. Still, I think it's rather a brilliant algorithm that would bring it to my attention.

Sometimes, Amazon manages to catch me completely off guard. They accomplished that with a pair of high top tie dyed Converse sneakers. Not only did I buy them, but a co-worker who saw me wearing them had to order a pair for herself. Amazing algorithm, that!



I don't mind Amazon profiling me based on my demographics and prior purchases. In fact, I rather enjoy and appreciate their recommendations. Indeed, there have been Christmases in which two or three boxes marked with the Amazon logo appeared right at my front door. No brick and mortar high stress trip to Wal-Mart or Target. No fighting over a parking space, and no standing in line with nervous and perspiring last minute shoppers. It was all done right at my cozy little kitchen table. Life can be good in the digital shopping domain.

But Amazon is the exception to the rule. I understand that Facebook offers ads, but I have never seen one. Google offers ads as well, but I don't see them either. I once logged into this I-Hub conference, and was surprised to see large banner ads in messages that I have posted. I'd never seen them before, either.

The miracle of ad-free web browsing is made possible by a small Google browser extension by the name of AdBlock. AdBlock is a free extension, and the most popular for Chrome, with over 5 million users. It blocks ads everywhere, including Facebook, Youtube, Google, Hulu, and, I=Hub.

Even among those who don't use ad-blocking software, according to recent surveys, only a minority of Facebook users actually click on ads. 70 percent of its user base hates the new Timeline feature foisted on them (I despise it myself), and 49 percent of Americans think Facebook will be a passing fad once the next new thing comes along.

Nevertheless, Facebook weighs in at 7.95% in the Global X Social Media Index ETF. The ETF counts among its holdings Tencent Holdings, Linkin, Sina, Netease, Google, Nexon, Tandex, and Zynga, among others. Its performance has been dismal since the FB IPO.



As for Groupon - also an SOCL component - according to one survey, up to 78 percent of users will not return to the merchant after having used the Groupon discount. The much-hyped GRPN IPO has not fared well in the market since its inception.



To put this all into perspective, diversified AMZN closed at $208.22 last Friday. Social networking behemoth FB closed at $27.72 - way below its IPO price. GRPN closed at a mere $9.69 - a fraction of its IPO price. Meanwhile, one-trick-pony NFLX closed at $62.95 - a huge drop from its high of $304.79.

Sometimes market corrections are exactly what the name suggests - corrections.

[Chart Addict]

Here is the Renko template I use

http://stockcharts.com/h-sc/ui?s=IVAN&p=D&yr=0&mn=6&dy=0&id=p62639401824

I like to see the Stochastic cross over and rise above 20; a white price bar close above EMA 5; a Parabolic SAR dot appearing under the price bar; and the CCI rising above -100. Also, the volume bars will be blue indicating that buying predominates, rather than pink indicating selling pressure.

You can substitute the RSI for the CCI, add a MACD, etc., but I find this setting to be a lean and clean charting machine.

Last weekend, I made a template that displays all stocks priced beteen $0.50 and $2.00. (These charts are sized at 360.) When you click on the Renko chart, it automatically pulls up Stockcahrts Gallery, Yahoo finance, and Barchart. The code for this is:

<a onclick="window.open("http://stockcharts.com/freecharts/gallery.html?WTF";); window.open("http://finance.yahoo.com/q?s=WTF&ql=1")"; href="http://barchart.com/quotes/stocks/WTF"; target="_blank"><IMG SRC="http://stockcharts.com/c-sc/sc?s=WTFS&p=D&yr=0&mn=6&dy=0&i=p90533956409&r=1338202783382"></a>;

<a onclick="window.open("http://stockcharts.com/freecharts/gallery.html?RINO";); window.open("http://finance.yahoo.com/q?s=RINO&ql=1")"; href="http://barchart.com/quotes/stocks/RINO"; target="_blank"><IMG SRC="http://stockcharts.com/c-sc/sc?s=RINO&p=D&yr=0&mn=6&dy=0&i=p72688458215&r=1338213908645"></a>;

Note that you must link to the "linkable" version of the Stockcharts image URL. Here is how it looks:



In looking back on last weekend, because all of the stocks in this series (between $0.50 - $2.00, with average daily volume of at least 500,000) turned out to be non-OTC stocks, it would have been more efficient to have linked only to the Nasdaq Stock Consultant, e.g.:
http://www.nasdaq.com/symbol/ivan/stock-consultant

For OTC stocks, the more complicated coding to open the multiple windows is a must, because Nasdaq's Stock Consultant does not cover OTC stocks.

Here is a link to a very useful page describing a Renko mechanical trading system: http://breakpointtrades.com/controls/preview.php?nl_id=267

[shankapotamus]

I need to start making some Renko charts. It sure cleans up the noise and shows the real moves clearly.

[shankapotamus]

$BPAX = daytrade only. Expect a
RS soon.

[Chart Addict]

IMDS - Watch list item - other thoughts

It is heartbreaking to see stocks that made me a bundle go belly up. IMDS, LFBG, MDFI, IDOI, CBAI and HTDS are among them. I continue to watch them, as it's within the realm of possibility that one or more of them may arise once again. IMDS has my attention today. It has managed so far to avoid the dreaded flatline at .0001. Accumulation is very strong, and the volume is rather high, lately. Here is the daily chart, with a select trio of indicators.



Here is the weekly chart, which shows indicators bottoming out. This is suggestive of an actual bottom in the making.



By no means am I suggesting that you run out and buy it, but it certainly bears close monitoring. It may be weeks until it comes back to life - assuming that it actually does.

My sense of the overall market is that we may have to wait patiently for bottoms to be built. This market offers countless opportunities in sectors such as the financials, coal, shipping, as well as in OTC stocks in general. At this time, I have no holdings in these sectors, nor do I have any active OTC holdings whatsoever. (THWI was my last OTC play).

I remember an interview in Technical Analysis of Stock and Commodities magazine in which the interviewee (I don't recall who it was at the moment) predicted over two years ago that the stock market will continue to offer stocks at fire sale prices for years to come. That appears to be the case.

I am cautiously optimistic that some of the breakthrough technologies that I am finding may work their way into the mainstream, to the greater benefit of society. That may sound like a grandiose hope, but consider that one company has a water cooler that is self replenishing, producing 99.9% pure water from thin air. Another company has provided proof of concept in turning dirty water into hydrogen. Another company offers flexible illuminating fabric. The company that is the subject of this message offers a non-invasive breast examination.

Even as FB continues to spiral downward, the venture capitalists continue to pass these promising companies by. One biotech just announced that it is pulling the plug on its third stage clinical trial of a promising drug because it has run out of money. Heaven only knows how many brilliant individuals out there have the potential to be the next Steve Jobs, given a small infusion of capital.

Call me crazy, but the proof of concept that Helix Wind provided in Chicago is to me far more significant than is a social networking web site.

[Chart Addict]

[img][/img]NBS - Possible breakout, ALU down

NBS has formed both an eve and eve double bottom, as well as an apparent island bottom. Now at the R2 pivot point. A close above this point would indicate a breakout. Targets include filling of the recent gap, and a potential rush to test resistance at the 200 MA. MACD seems poised to aid in these endeavors.



Other technical event of potential interest this morning: ALU gaps down on the open, after a nice run up.



Some other stocks making early moves worth watching: VPER, BPAX, SWRF, HDY, ZLCS, QTWW, PPHM, BNVI, RTGV and ACTC. THWI continues to skyrocket.

Coal and shipping stocks are still sleeping.

[Immie]

Wow the stock has taken quite a hit! Wonder how long they can keep paying the divi?

[Chart Addict]

UNQT - Watch list item

Here's one for your watch list. Company is based in Orlando, and does truck leasing. Revenues are up, and the stock price is down. Used to trade in the range of $0.50.

Daily shows strong volume and accumulation. Indicators suggest a move may soon be in the making.



Weekly chart shows a recent triple dip in the three indicators, suggesting that the bottom has been hit.





Web site: http://www.unionequityinc.info/

[Chart Addict]

ESEA offers 11% annualized dividend

According to Eurosea's earnings presentation, delivered on May 16, 2012, the company has declared the 27th consecutive dividend payment for the first quarter to shareholders. The dividend is $0.04 per share, based on the closing price of $1.45 on 5/14/12. This amounts to an annualized yield of about 11 percent.

The company also expressed its intention to continue to provide dividend payments throughout market cycles.

If you have been considering adding dividend paying stocks to your portfolio, I think you'd be hard pressed to find a more affordable stock to provide them. As of the afternoon of 5/29/12, the stock is trading at $1.22.



http://www.euroseas.gr/files/Euroseas_Q1_2012_Results.pdf

[Chart Addict]

ALU - So many ways of seeing

ALU standard daily sharpchart displays classic W bottom, which in this case is also an island bottom.



ALU daily with Pivot points and Stochastics.



ALU weekly with dynamic trio of indicators displaying volume and accumulation.



ALU daily in Renko.

[Chart Addict]

IVAN - Perfect Renko Play?

Every once in a while, you'll find a security that lends itself perfectly to one or another form of analysis. Some stocks are very "fib friendly," others may be relied upon to bounce off of pivot points. Some others respect standard moving averages so well that their next move is seemingly a given. Although I never use them, I'd imagine that there are even stocks that lend themselves well to analysis with Ichimoku clouds. The question often becomes "what form of analysis will this particular stock lend itself best to?"

Behold IVAN in Renko. Tell me that you can't trade off of a chart like this one! (This is a live chart).

[Chart Addict]

VPER - Renkosize me



This is a snapshot.

[Chart Addict]

> Also like EGT here.

It is a beautiful setup. The perfect pullback play. No warranty, but this is what I consider to be a high probability setup. Trail it with a stop (sometimes I use the parabolic SAR value) and you should be good to go.

> Shippers have been dragging forever

Some of the shippers reported good news. They have added to their fleets, or announced earnings brighter than that of the previous year. It will not happen overnight, but the sector will rebound. My plan is to roll my own mini-ETF out of three or four of them, equal in total size to one typical position.

I'm still looking at the coal stocks, which are way down relative to where the were last year at this time. This is not a seasonal adjustment. This is a sector crash.

I'll be looking at this sector very closely this week. JRCC seems like a good one, but I may roll another mini-ETF out of this sector as well.

[Run4It]

Also like EGT here. In at 94 cents from Friday.

Shippers have been dragging forever...do you think it has something to do w/ the fact that many of them are Greek owned and all the problems they are having in Greece or simply the sector is getting killed and is due at some pt. for a bounce?

[Chart Addict]

I spent the better part of the weekend pouring over charts. (What did you expect? I have never been one to crack open a six pack and watch a football game in boxer shorts.) I made some interesting discoveries.

I began by screening for all stocks that trade between $0.50 to $2.00, with an average daily volume of at least 500,000. I put every one of their charts - in Renko style - into a single file that I can pull up every day. When I click on a chart, it simultaneously pulls up the corresponding Stockcharts gallery view, Yahoo finance, and Barchart.com. This alone took an entire day. Here is what I found.

First, of the universe of stocks fitting the above criteria, every one of them was either an Amex or Nasdaq issue. Not one among them was an over-the-counter stock. Second, far and away the vast majority of these stocks are currently in downtrends. While some appear to be leveling off, few may be said to be clearly bottom building at this time. (My efforts will pay off over time, as I can now easily monitor this group of stocks for many weeks to come, patiently awaiting breakouts).

The next screen I ran was by pure volume. This is where you'll find stocks like DGRI (average daily volume 87988848, and a recent failure at the 200 MA), GNTA (average daily volume 67626944, the stock that never wants to stop going down), TIVU (maybe it's bottom building - maybe not), XDSL, and others such as XMDC (which is almost beginning to look like it wants to do something.) All of these are OTC issues. None offer particularly promising setups at this time.

For all of my efforts, I found less setups that are ripe for picking than I can count on one hand. The few setups that I did find had less volume than my initial screens were set for. By way of providing an example of a stronger setup that I found, have a look at EGT.



As far as individual sectors go, I am closely monitoring both the shipping and the coal sectors. Both are highly oversold, and offer incredible (if not outright ridiculous) values.

Among shipping: ESEA, ULTR, TOPS, NEWL, DRYS, SHIP, NNA, GSL, GNK, NM and others.

Among coal: LLEN, SCOK, PCX, JRCC, HNRG, ACI, OXF, WLB, ANR, XSC and more.

James River Coal Company is one I have been watching for some time. A couple of years ago, it was a monster stock that just kept ticking upward with each passing day. Now it's riding the roller coaster downhill alongside of its companion companies. It is all just so amazing.

[shankapotamus]

Just got back from my week-long excursion into the Northern Idaho wilderness. Despite picking ticks off, getting bad blisters on my feet, and being soaken wet for all but two days, it was great. I was completely cut off from civilization so laying in my tent at night often made me anxious wondering what my positions were doing! lol...

New blog entry, nothing too special:

$CIGX, chart and opinion: http://blog.chartmystock.com/2012/05/26/cigx-star-scientific-updated-chart.aspx

[jim1234]

yes now I see good

[Chart Addict]

> Any thoughts Chartwise on ICPA??

Have you seen message 2358?

[Chart Addict]

Bye bye THWI

Thanks for the ride!

[ditka]

JNSH Take a look at this one. Great volume solid base still great spot to jump in this one is a GREEN company installing electric car chargers in CHICAGO and showing a profit. JUST AMAZING this one has gone this long without anyone finding them. should see a dime by JULY

[jim1234]

Any thoughts Chartwise on ICPA??

stockcharts.com/c-sc/sc?s=ICPA&p=D&b=5&g=0&i=t64997246590&r=1337895466731

[Chart Addict]

THWI - NASDAQ BB

Company recently signed a contract with some other company to provide phone to phone videos in Asia. Isn't that cool? Here's the setup:

[Immie]

wow!

[Chart Addict]

ROSG - Wow, indeed!

There must have been some very good news in the outside world driving this one. I wonder what it was.

[jim1234]

Chart Addict ROSG WOW ah 12.20

[Chart Addict]

ICPA indeed interesting

Jim1234, what I'd suggest if you're not in this play yet is to wait to see if it bounces off of that pivot point. It may also slide through it, and bounce off of the 50 MA. To me it appears to be holding at the pivot. We've all heard the term "wait for the bounce." For a stock to bounce, it has to bounce off of something. (See my previous posting with the chart of AAPT to see how this looks when it happens.) That something may be a moving average, pivot point, or Fibonacci level. Support is strongest where more than one of these supports converge, or overlap.

My short-term target would be a test of resistance at R2. If it breaks out of the rectangle defined by P and R2 on high volume, that would cast another light on things.

[jim1234]

chart addict icpa
Is icpa of interest

http://stockcharts.com/h-sc/ui?s=icpa

[Chart Addict]

AAPT and other considerations

Bought into AAPT - which I have been watching for a while - on a perfect bounce. As the chart shows, as soon as that price touched the 50 MA, its fuse was ignited. Yesterday, I saw it finding support on the Pivot, and made my move. The result is that I'm up about 50% in a day. Isn't that nice?



Some others I am watching closely this week include WPUR, which appears to be in the process of trying to break out of a flotsam and jetsam base; GRPS, which looks real nice on both the daily and weekly charts; and HYSR, same.

WPUR offers a revolutionary water producing product that is already in production, while GRPS and HYSR also offer some great technological breakthroughs in resin plastic and hydrogen production respectively. Both are in need of financing, so they are speculative.

As I'd asked in reference to the now-defunct HLXW, where are the venture capitalists when you really need them? Investing in Facebook, it appears. (Sigh).

[Chart Addict]

AAPT and other considerations

Bought into AAPT - which I have been watching for a while - on a perfect bounce. As the chart shows, as soon as that price touched the 50 MA, its fuse was ignited. Yesterday, I saw it finding support on the Pivot, and made my move. The result is that I'm up about 50% in a day. Isn't that nice?



Some others I am watching closely this week include WPUR, which appears to be in the process of trying to break out of a flotsam and jetsam base; GRPS, which looks real nice on both the daily and weekly charts; and HYSR, same.

WPUR offers a revolutionary water producing product that is already in production, while GRPS and HYSR also offer some great technological breakthroughs in resin plastic and hydrogen production respectively. Both are in need of financing, so they are speculative.

As I'd asked in reference to the now-defunct HLXW, where are the venture capitalists when you really need them? Investing in Facebook, it appears. (Sigh).

[Chart Addict]

FB - Day Three



Above: Daily view of the first three trading days.


Above: Day two and day three of trading, each having gapped downward, and seemingly in free flight.

[Chart Addict]

FB - Day One.

Here it is; the chart of the day.

[Chart Addict]

Chaikin Oscillator.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chaikin_oscillator

[Run4It]

You thinking of shorting FB just like GRPN?

[Run4It]

Bought some JAG this morning. Quick question. I know you like the Chaikin Oscillator. Why that indicator and what does it measure?

http://stockcharts.com/h-sc/ui?s=JAG&p=D&b=5&g=0&id=p43783106441

[shankapotamus]

$ASYIE, trendline support?

[Run4It]

OMVE, looking strong today, big sell off this morning w/ big bounce. Lots of volume. Rebought this morning.

http://stockcharts.com/h-sc/ui?s=OMVE&p=D&b=5&g=0&id=p70145105969

[Chart Addict]

So would I have, right at 12:26 had I caught the move. I've caught a few like this one, but I won't pretend to say that it happens with tremendous frequency. It happens just often enough to keep the game exciting!

[shankapotamus]

It made a slight head fake eh? Volume is tailing off now. I would have sold before eod.

[shankapotamus]

I would have unloaded. Lol