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$BGEM BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/BGEM
Force Index Technical Indicator was developed by Alexander Elder. This index measures the Bulls Power at each increase, and the Bulls Power at each decrease. It connects the basic elements of market information: price trend, its drops, and volumes of transactions.
THREE OUTSIDE UP
The Bearish Upside Gap Two Crows Pattern is a three-candlestick pattern and it signals a top reversal. The first candlestick is a long white candlestick followed by a real body that gaps higher. Then another black real body appears, which opens above the second day’s open and closes under the second day’s close, completing the pattern
Recognition Criteria:
1. Market is characterized by downtrend.
2. We see a Bullish Engulfing Pattern in the first two days.
3. The third day is a white candlestick with a higher close than the second day.
Explanation:
The first two days of this three-day pattern is simply a Bullish Engulfing Pattern, and the third day confirms the reversal suggested by the Bullish Engulfing Pattern since it is a white candlestick closing with a new high for the last three days.
The Coppock Curve is simply a smoothed momentum oscillator. Even though it was originally designed for monthly charts and long-term analysis, it can be used on intraday, daily or weekly charts and the settings can be adjusted to suit one's style. The main signals are generated with crosses above and below the zero line. More aggressive chartists can consider looking for bullish and bearish divergences to anticipate such crossovers. Be careful though. Divergences do not always result in trend reversals because the trend can simply slow and continue in the same direction.
$WCYN BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/WCYN
$ELRA BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/ELRA
This index can be used as it is, but it is better to approximate it with the help of Moving Average. Approximation with the help a short moving average (the author proposes to use 2 intervals) contributes to finding the best opportunity to open and close positions.
THREE INSIDE DOWN (Bearish)
The Bearish Three Inside Down Pattern is another name for the Confirmed Bearish Harami Pattern. The third day confirms the bearish trend reversal.
Recognition Criteria:
1. Market is characterized by uptrend.
2. We see a Bearish Harami Pattern in the first two days.
3. We then see a black candlestick on the third day with a lower close than the second day.
Explanation:
The first two days of this three-day pattern is a Bearish Harami Pattern, and the third day confirms the reversal suggested by Bearish Harami Pattern since it is a black candlestick closing with a new low for the three days.
Important Factors:
The reliability of this pattern is very high, but still a confirmation in the form of a black candlestick with a lower close or a gap-down is suggested.
$SGCP BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/SGCP
BULLISH BREAKAWAY
There is a downtrend but we also see that the prices bottom out and level off now. The result is a long white candlestick that however does not close the initial downward gap of the first and second days. This suggests a short-term reversal.
Recognition Criteria:
1. Market is characterized by downtrend.
2. We see a long black candlestick in the first day.
3. Then we see a black candlestick on the second day with a gap below the first day.
4. Bearish mood continues on the third and fourth days as evidenced by lower consecutive closes.
5. Finally however, we see a long white candlestick on the fifth day characterized by a closing price inside the gap caused by the first and second days.
Explanation:
The Bullish Breakaway Pattern appears during a downtrend and it shows that selling accelerated to the point of an oversold market. It starts with a long black day then involves a gap in the direction of the downtrend followed by three consecutively lower price days. So far, all days in this pattern are black with the exception of the third day, which can be either be black or white. The three days after the gap are similar to the Three Black Crows pattern since their highs and lows are each consecutively lower. It is by now apparent that the downtrend has accelerated with a big gap and then starts to fizzle, however it still continues. There is an evident slow deterioration of the downtrend suggested by this pattern. Finally, we see a burst in the opposite direction, which completely recovers the previous three days' price action. The gap is not filled which points out to the weakness of the reversal. This is a short-term reversal.
Important Factors:
A confirmation on the sixth day is recommended in the form of a white candlestick, a large gap up or a higher close, to be sure about the reversal.
Three factors affect Force Index values. First, the Force Index is positive when the current close is above the prior close. The Force Index is negative when the current close is below the prior close. Second, the extent of the move determines the volume multiplier.
$TGWI BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/TGWI
Definitions For The Fifth Letter Of Ticker Symbols
Have you ever wondered what that fifth letter at the end of the stock symbol is? It signifies that the issuer may have additional circumstances involved with the stock. Most recognizable is the infamous "E".
Complete "Letter" list enclosed below. You may want to print it out for your own reference.
The Eligibility Rule protects investors by ensuring that they have access to companies current financial information when considering investments in OTCBB-eligible securities.
Nasdaq will continue to monitor the filing status of all OTCBB issuers. In the event of a filing delinquency, Nasdaq will append the trading symbol(s) of the delinquent issuer's security with an "E". The fifth character "E" will be removed from the symbol once Nasdaq receives notification that the security meets the requirements of the Eligibility Rule. After 30 days (60 days for non-SEC filers), if Nasdaq has not been notified that the appropriate filing has been made with the issuer's regulatory authority, the issuer's security will be removed from the OTCBB.
Code: Meaning
A: Class A.
B: Class B.
C: Exempt from Nasdaq listing requirements for a limited period of time.
D: A new issue of an existing stock. (Often the result of a reverse split.)
E: Delinquent in required filings with the SEC as determined by the NASD.
F: Foreign.
G: First Convertible Bond.
H: Second Convertible Bond, same company.
I: Third Convertible Bond, same company.
J: Voting.
K Non-voting.
L: Miscellaneous situations such as foreign preferred, preferred when-issued, a second class of units, a third class of warrants, or a sixth class of preferred stock.
M: Fourth preferred, same company.
N: Third preferred, same company.
O: Second preferred, same company.
P: First preferred.
Q: In bankruptcy proceedings.
R: Rights.
S: Beneficial interest.
T: With warrants or with rights.
U: Units.
V: When-issued and when-distributed.
W: Warrants.
X: Mutual Fund.
Y: ADR (American Depositary Receipts).
Z: Miscellaneous situations such as a second class of warrants, a fifth class of preferred stock, a stub, a foreign preferred when-issued, or any unit, receipt, or certificate representing a limited partnership interest."
TRIX Bearish Signal Line Cross: This scan reveals stocks that meet four criteria. First, they must be below their 200-day moving average to be in an overall down trend. Second, the TRIX must be positive to signal a bounce. Third, the TRIX crossed its signal line and turned down. Fourth, volume moved above the 250-day average to show an increase in selling pressure.
$HESG BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/HESG
Once working with a SCTR table, users can sort the columns with the double arrows. Sorting can be by industry group, SCTR, SCTR Change or Close. The SCTR change is the change in SCTR values from one period to the next. Sorting by this column will show chartists which stocks had the biggest changes in their technical rank. This feature can be used to spot big movers. Note that leveraged and inverse ETFs are excluded because above average volatility and inverse price movements skew the results. The VIX ETF (VXX) is also excluded because it moves inverse to the S
Pivot Points ~ Time Frames
Pivot Points for 1, 5, 10 and 15 minute charts use the prior day's high, low and close. In other words, Pivot Points for today's intraday charts would be based solely on yesterday's high, low and close. Once Pivot Points are set, they do not change and remain in play throughout the day.
Pivot Points for 30 and 60 minute charts use the prior week's high, low and close. These calculations are based on calendar weeks. Once the week starts, the Pivot Points for 30 and 60 minute charts remain fixed for the entire week. They do not change until the week ends and new Pivots can be calculated.
Pivot Points for daily charts use the prior month's data. Pivot Points for June 1st would be based on the high, low and close for May. They remain fixed the entire month of June. New Pivot Points would be calculated on the first trading day of July. These would be based on the high, low and close for June.
Pivot Points for weekly and monthly charts use the prior year's data.
$PSPW BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/PSPW
Money flow index (MFI) is an oscillator calculated over an N-day period, ranging from 0 to 100, showing money flow on up days as a percentage of the total of up and down days. Money flow in technical analysis is typical price multiplied by volume, a kind of approximation to the dollar value of a day's trading.
Walking the Bands
Moves above or below the bands are not signals as such. As Bollinger puts it, moves that touch or exceed the bands are not signals, but rather "tags". On the face of it, a move to the upper band shows strength, while a sharp move to the lower band shows weakness. Momentum oscillators work much the same way. Overbought is not necessarily bullish. It takes strength to reach overbought levels and overbought conditions can extend in a strong uptrend. Similarly, prices can "walk the band" with numerous touches during a strong uptrend. Think about it for a moment. The upper band is 2 standard deviations above the 20-period simple moving average. It takes a pretty strong price move to exceed this upper band. An upper band touch that occurs after a Bollinger Band confirmed W-Bottom would signal the start of an uptrend. Just as a strong uptrend produces numerous upper band tags, it is also common for prices to never reach the lower band during an uptrend. The 20-day SMA sometimes acts as support. In fact, dips below the 20-day SMA sometimes provide buying opportunities before the next tag of the upper band.
The chart above shows Air Products (APD) with a surge and close above the upper band in mid July. First, notice that this is a strong surge that broke above two resistance levels. A strong upward thrust is a sign of strength, not weakness. Trading turned flat in August and the 20-day SMA moved sideways. The Bollinger Bands narrowed, but APD did not close below the lower band. Prices, and the 20-day SMA, turned up in September. Overall, APD closed above the upper band at least five times over a four month period. The indicator window shows the 10-period Commodity Channel Index (CCI). Dips below -100 are deemed oversold and moves back above -100 signal the start of an oversold bounce (green dotted line). The upper band tag and breakout started the uptrend. CCI then identified tradable pullbacks with dips below -100. This is an example of combining Bollinger Bands with a momentum oscillator for trading signals.
$UYMG BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/UYMG
The RSI formula normalizes RS and turns it into an oscillator that fluctuates between zero and 100. In fact, a plot of RS looks exactly the same as a plot of RSI. The normalization step makes it easier to identify extremes because RSI is range bound. RSI is 0 when the Average Gain equals zero. Assuming a 14-period RSI, a zero RSI value means prices moved lower all 14 periods. There were no gains to measure. RSI is 100 when the Average Loss equals zero. This means prices moved higher all 14 periods. There were no losses to measure.
Currency ETFs or ETCs
In 2005, Rydex Investments launched the first ever currency ETF called the Euro Currency Trust (NYSE: FXE) in New York. Since then Rydex has launched a series of funds tracking all major currencies under their brand CurrencyShares. In 2007Deutsche Bank's db x-trackers launched EONIA Total Return Index ETF in Frankfurt tracking the euro, and later in 2008 the Sterling Money Market ETF (LSE: XGBP) and US Dollar Money Market ETF (LSE: XUSD) in London. In 2009, ETF Securitieslaunched the world's largest FX platform tracking the MSFXSM Index covering 18 long or short USD ETC vs. single G10 currencies. The funds are total return products where the investor gets access to the FX spot change, local institutional interest rates and a collateral yield.
GOING TO NASDAQ THEN KABOOM TVOG
$EMWW BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/EMWW
Many of today's traders use multiple monitors in order to display several charts and order entry windows. Even if six monitors are used, it should not be considered a green light to devote every square inch of screen space to technical indicators.
13H, 13H-Q, 13H-A, 13H-I, 13H-R, 13H-T ~ SEC Filings Explained
Large Trader Registration Information Required of Large Traders Pursuant to the Securities Exchange Act of 1934 and Rule 13h-1 Thereunder. Initial Filing (13H), Amended Filing (13H-Q), Annual Filing (13H-A), Inactive Status (13H-I), Reactivated Status (13H-R), and Termination Filing (13H-T)
$NWPP BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/NWPP
Signal line crossovers are the most common TRIX signals. The signal line is a 9-day EMA of the TRIX. As a moving average of the indicator, it trails TRIX and makes it easier to spot turns. A bullish crossover occurs when TRIX turns up and crosses above the signal line. A bearish crossover occurs when TRIX turns down and crosses below the signal line. Crossovers can last a few days or a few weeks, it all depends on the strength of the move. Due diligence is required before relying on these frequent signals. Volatility in the underlying security can also increase the number of crossovers.
$TCEGF BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/TCEGF
The term "MACD" may be used to refer to the indicator as a whole, or specifically to the MACD line itself. The first line, called the "MACD line", equals the difference between a "fast" (short period) exponential moving average (EMA), and a "slow" (longer period) EMA.
$EDIG BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/EDIG
MACD (moving average convergence/divergence) is a technical analysis indicator created by Gerald Appel in the late 1970s.[1] It is used to spot changes in the strength, direction, momentum, and duration of a trend in a stock's price.
$LUSI BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/LUSI
Tweezer Tops
The Tweezer Top formation is a bearish reversal pattern seen at the top of uptrends.
Tweezer Top formation consists of two candlesticks:
Bullish Candle (Day 1)
Bearish Candle (Day 2)
Sometimes Tweezer Tops have three candlesticks.
A bearish Tweezer Top occurs during an uptrend when bulls take prices higher, often closing the day off near the highs (a bullish sign). However, on the second day, how traders feel (i.e. their sentiment) reverses completely. The market opens and goes straight down, often eliminating the entire gains of Day One.
On Day 1, the bulls were in charge of the Russell 2000 E-mini. On Day 2, however, the bulls began the day trying to make a new high, but were rejected by the overhead resistance created by the prior day's highs. The market then sank quickly only to recover halfway by the end of the close on Day 2. Day 3 opened with a spectacular gap up, but the bulls were promptly rejected by the bears at the now established resistance line. The Russell 2000 E-mini then fell for the rest of the day. Many classic chartists will recognize this triple Tweezer Top as a Double Top formation (see: Double Top).
The Tweezer Top and Bottom reversal pattern is extremely helpful because it visually indicates a transfer of power and sentiment from the bulls and the bears. Of course other technical indicators should be consulted before making a buy or sell signal based on the Tweezer patterns.
Oversold in Up Trend. This scan searches for stocks where the Force Index (100) is in positive territory and the Commodity Channel Index (20) is oversold. A positive Force Index establishes an overall up trend. An oversold CCI identifies a pullback within this up trend. This scan is meant as a starting point. Further scrutiny and adjustment is advised.
$CMRZF BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/CMRZF
When the MACD falls below the signal line, it is a bearish signal, which indicates that it may be time to sell. Conversely, when the MACD rises above the signal line, the indicator gives a bullish signal, which suggests that the price of the asset is likely to experience upward momentum. Many traders wait for a confirmed cross above the signal line before entering into a position to avoid getting getting "faked out" or entering into a position too early, as shown by the first arrow.
Form 8-K~ SEC Filings Explained
Form 8-K is a very broad form used to notify investors of any material event that is important to shareholders or the United States Securities and Exchange Commission. This is one of the most common types of forms filed with the SEC. After a significant event like bankruptcy or departure of a CEO, a public company generally must file a Current Report on Form 8-K within four business days to provide an update to previously filed quarterly reports on Form 10-Qand/or Annual Reports on Form 10-K. Form 8-K is required to be filed by public companies with the SEC pursuant to the Securities Exchange Act of 1934, as amended. For a list of events that would trigger a Form 8-K to be filed, see the Official SEC Form 8-K Summary, reproduced below.
When Form 8-K is required
Form 8-K is used to notify investors of a current event. These types of events include:
? Material definitive agreements not made in the ordinary course of business
? Bankruptcies or receiverships
? Director is elected
? Director departs
? If a director departs because of a disagreement with the company on any matter relating to the registrant’s operations, policies, or practices then an 8-K must be filed to disclose a brief description of the circumstances representing the disagreement.[1]
? Asset movement: acquisition or sale
? Result of operations and financial condition
? Material Direct Financial obligations (bonds, debentures)
? Triggering events that accelerate material obligations (defaults on a loan)
? Exit or disposal plans
? Layoffs
? shutting down a plant
? material change in services or outlets
? Material impairments
? Delisting or transfer exchange notices
? Unregistered equity sales
? Modifications to shareholder rights
? Change in accountant - and good idea to explain why
? SEC investigations and internal reviews
? Financial non-reliance notices
? Changes in control of the company
? Someone takes a large equity position (more than 15%); shareholder also needs to file with SEC as to intent
? Someone takes a 51% position
? Changes in executive management
? Officer leaves
? Officer is fired
? Officer is hired
? Departure or appointment of company officers
? Amendments to company Governance Policies
? Code of Ethics
? Board Committee Governance Policies
? Trading suspension
? Change in credit
? Change in company status
? Other events
? Financial exhibits
Investors should always read any 8-K filings that are made by companies in which they are invested. These reports are both material and relevant to the company, and often contain information that will affect the share price.
Reading Form 8K
Typically an 8-K filing will only have two major parts. They are:
? The name and description of the event - this contains all the information that the company considers relevant to shareholders and the SEC. It is important to read this information, as it has been deemed "material" by the company.
? Any exhibits that are relevant - these exhibits may include financial statements, press releases, data tables, or other information that is referenced in the description of the event.
$PFNO BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/PFNO
The CMF formula creates an oscillator that fluctuates between -1 and 1. The CMF line will spend the majority of the time between extreme levels and it is fact extremely rare for the oscillator to reach these extremes. Just to clarify this point, for the CMF indicator to reach the top or bottom of the oscillator would take 20 consecutive data points on the high for a 20-day Chaikin Money Flow to reach 1 and the opposite to reach -1.
$MPPCQ BarChart Technical Analysis
http://www.barchart.com/technicals/stocks/MPPCQ
A bearish failure swing occurs when MFI becomes overbought above 80, plunges below 80, fails to exceed 80 on a bounce and then breaks below the prior reaction low. A bearish divergence forms when the stock forges a higher high and the indicator forms a lower high, which indicates deteriorating money flow or momentum.
BULLISH GRAVESTONE DOJI
Gravestone Doji is a specific Doji with opening and closing prices equal to the low of the day. The Bullish Gravestone Doji Pattern is a bottom reversal pattern. Similar to its cousin the Bullish Inverted Hammer Pattern, it occurs in a downtrend and represents a possible reversal of trend.
Recognition Criteria:
1. Market is characterized by downtrend.
2. We see a black body formed at the lower end of the trading range.
3. We then see a Doji, which does not have a lower shadow in the second day.
4. No gap down is required.
Explanation:
The market opens below the closing price of the previous day. Then there is a brief rally but the rally is not enough to send prices over the closing price of previous day and prices then reverse direction and fall down to the day’s lows. This movement however leaves shorts in a losing position creating the potential for an upcoming rally. It may not be clear why it signals a potential reversal. The answer has to do with what happens over the next session. If the next day opens above the real body of the Gravestone Doji, it means those who shorted at the opening (or closing) of the Gravestone day are losing money. The longer the market holds above Gravestone Doji’s real body the more likely these shorts will cover. The short will then spark a rally by covering their positions, which also encourage the bottom pickers to go long. The Gravestone Doji represents the graves of those bears that have died defending their territory.
Important Factors:
Bullish Gravestone Doji requires further confirmation on the next day. Confirmation may be in the form of the next day opening above the Gravestone Doji’s body. The larger the gap the stronger the confirmation will be. A white candlestick with higher prices can also be another form of confirmation.
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Investor Hub Alerts: Sign up for 'STOCKGOODIES PLAYS OF THE WEEK ' E-Mail List UPDATE; 5-1-22 courtesy of charting /\ wit tweezer top calls /\ Tony @Montana_Trades Really good study sheet on Candlestick Patterns [-chart]pbs.twimg.com/media/FRn8188XMAAdZvk?format=jpg&name=small[/chart]
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