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OPMG - "Options Media Group Holdings, Inc., through its subsidiaries, focuses on the mobile software applications in the United States and Canada. The company offers DriveSafe software, a mobile phone control management software suite, which is designed to prevent texting and emailing while driving, as well as offers parents and employers the ability to monitor the driving habits of mobile phone users to prevent speeding. It also provides PhoneGuard anti-texting software, a new software suite specifically designed to safeguard cellular phones/PDAs or smart phones from the ever increasing risk of data theft by hackers and cyber criminals, as well as anti-virus mobile software. In addition, the company offers lead generation programs to assist various businesses with customer acquisition for the products and services they are selling. Options Media Group Holdings, Inc. was founded in 2000 and is headquartered in Boca Raton, Florida."
That's nice. But not as nice as the chart, which needs but two tiny trend lines.
Home page:
http://www.optionsmedia.com/
Stuff about:
http://finance.yahoo.com/q;_ylt=AqAxtqeBCZedy92zhpo2jvHxVax_;_ylu=X3oDMTFja2g4bTJkBHBvcwMxMgRzZWMDeWZpU3ltYm9sTG9va3VwUmVzdWx0cwRzbGsDb3BtZ3Br?s=OPMG.PK
Other opinion:
http://americanbulls.com/StockPage.asp?CompanyTicker=OPMG&MarketTicker=OTC&Typ=S
GOJO breaking out
"GraphOn Corporation develops, markets, sells, and supports application virtualization software and cloud computing software internationally."
I have no idea what that means. What I do know is that the charts look very bully-bully, indeed.
http://stockcharts.com/freecharts/gallery.html?gojo
EXPU - watching for a bottom
Some nice setups, Shankapotamus. Here's another one for the watch list. Company does ATMs and financing.
http://stockcharts.com/h-sc/ui?s=EXPU&p=W&b=5&g=0&id=p80881768295
The home you bought may not be yours.
http://www.msnbc.msn.com/id/44365184/ns/business-real_estate/
Green indeed - DKAM up 71.43% this week!
Handily penetrated and closed above MA 200 on the daily chart today.
This company is the real deal. Strong brands, increasing distribution, great management team.
Site:
http://www.drinksamericas.com/
Charts:
http://stockcharts.com/freecharts/gallery.html?dkam
Analyzing stocks – FTWR as example
One of the things that I find so intriguing about stocks is the sheer number of ways in which they can be analyzed. One of the puzzles that I always seek to unravel is that of what is providing the support, and what is providing the resistance?
See message #1295 in which I employ Fibonacci arcs to define the support boundary on VVTV. Note that it landed spot on the projected support arc, and that buying followed right on cue to provide that support. This means that I'm not the only player who recognized that VVTV is particularly amenable to this kind of analysis.
It takes time to be able to eyeball a chart and recognize whether it's Fib friendly, and whether it's Fib friendly in terms of arcs, conventional Fib grids, or for that matter even Fibonacci time extensions. Some stocks will resist Fibonacci analysis completely. They may lend themselves instead to Renko analysis on either the daily or weekly time-frame. Some stocks resist analysis of any variety, and those are the ones that I generally avoid.
Sometimes the analysis is not that complex. The stock is in a clear uptrend, it pulled back with the broader market, and the CCI and RSI are rising. Simple as that.
In this instance, why did FTWR turn back exactly where it did? Resistance may clearly be seen on this chart. Resistance does not have to be projected or drawn horizontally. It can come from anywhere. In this case, is projects from two previous highs. Look at how that projection nails resistance right on the head.
If you want to get fancy, you can draw another line underneath it to try to define a chart pattern, in this case a descending broadening wedge, a breakout from which may be taken as a signal. Such a breakout will probably be followed by a pullback, allowing people late to the party to hop on board.
See: http://thepatternsite.com/dbw.html for Thomas N. Bulkowski's take on this pattern.
What I like about this particular setup is that the wedge is positioned near support on an apparent long term bottom. If it turns against me over the next or two, I can always cut my loss by pulling out and trying to catch the next bounce, but I think there's a good chance that it's setting up for a breakout.
FTWR -Buyer?
There are a number of things I look for before pulling the trigger, including acc/dis, OBV, and volume levels.
I also look for a number of other green lights before I take the plunge, these days, and as of 8-31-11 all of those lights were green. Here are two of the green lights that I used:
http://americanbulls.com/StockPage.asp?CompanyTicker=FTWR&MarketTicker=NASD&TYP=S
http://stockcharts.com/h-sc/ui?s=FTWR&p=D&st=2010-09-01&en=2011-08-31&id=p97576283825
FTWR – Fallen Angel
Drops to $0.70 during the crash in '09, breaks $18.00 near the end of the year, and drops back down to a low of $0.64. Just amazing. Now rising up out of a long term double bottom.
Info:
http://finance.yahoo.com/news/FiberTower-Reports-2011-prnews-1398378402.html?x=0&.v=1
Home page:
http://www.fibertower.com/corp/index.php
Weekly chart:
http://stockcharts.com/h-sc/ui?s=FTWR&p=W&b=5&g=0&id=p71580020587
BBX – Fallen Angel
Bankatlantic Bancorp is truly a fallen angel. Indeed, in the book Swing Trading, Jon D. Markman notes (page 157) that as of July 26, 2001, BBX had a rating of 10 based on fundamentals. So did the now defunct Washington Mutual!
BBX took a big hit on the chin when the Florida housing bubble popped, as did many other regional banks. Many failed to survive.
Among the casualties: Bank of Florida, Southshore Community Bank, LandMark Bank of Florida, First Peoples Bank, First Commercial Bank of Tampa Bay, Coastal Bank, Cortez Community Bank, First National Bank of Central Florida, Sunshine State Community Bank, First Commercial Bank of Florida, The Bank of Miami, N.A., Gulf State Community Bank, First Bank of Jacksonville, Progress Bank of Florida, Wakulla Bank, Haven Trust Bank Florida, Horizon Bank, Independent National Bank, Community National Bank at Bartow, Bayside Savings Bank, Coastal Community Bank, Sterling Bank, Turnberry Bank, Olde Cypress Community Bank, Peninsula Bank, The Bank of Bonifay, Riverside National Bank of Florida, AmericanFirst Bank, First Federal Bank of North Florida, Key West Bank, Old Southern Bank, Sun American Bank, Marco Community Bank, Florida Community Bank, Premier American Bank, Peoples First Community Bank, Republic Federal Bank, N.A., Commerce Bank of Southwest Florida, Orion Bank, Century Bank, F.S.B., Flagship National Bank, Hillcrest Bank Florida, Partners Bank, First State Bank, Community National Bank of Sarasota County, Integrity Bank, BankUnited, FSB, Riverside Bank of the Gulf Coast, Ocala National Bank, Freedom Bank, First Priority Bank, Guaranty National Bank of Tallahassee, Net 1st National Bank, and Hamilton Bank, NA.
In case you're wondering, the latest news is that Lydian Private Bank in Palm Beach was seized by regulators a few weeks ago. It was purchased by Sabadell United, which is owned by Banco Sabadell of Spain, the fourth-largest banking group in Spain. Lydian Private Bank is Sabadell’s fourth acquisition in Florida, following TransAtlantic Bank in 2007, BBVA’s international private banking in Miami in 2008, and Mellon United National Bank in 2010.
Read more: http://www.miamiherald.com/2011/08/19/2366785/lydian-private-bank-in-palm-beach.html
That said, everyone from the Motley Fool to The Street is considering BBX to be a potential buy. The Street notes that: “The current short interest as a percentage of the float for BankAtlantic Bancorp is a rather large 15.5%,” suggesting that a short squeeze may be in the making.
http://www.fool.com/investing/general/2011/08/31/does-breaking-the-jinx-of-losses-make-bankatlantic.aspx
http://www.thestreet.com/_yahoo/story/11231311/1/5-shorted-bank-stocks-set-to-climb.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
But what does the chart say? That's what really matters. BBX has carved out a multi-month long triple bottom, with its lows at $0.66, $0.60 and $0.64 respectively. Bear in mind that as a general rule, the height of the breakout is generally equal to the width of the base. Hence, this one has the potential to make for a very good longer term play.
Here is the standard Gallery view:
http://stockcharts.com/freecharts/gallery.html?bbx
Steel industry (fixed url)
http://stockcharts.com/freecharts/candleglance.html?X,VALE,RIO,MT,PKX,SID,$DJUSST,NUE,AKS,SUTR|B|F" rel="nofollow" target="_blank" >http://stockcharts.com/freecharts/candleglance.html?X,VALE,RIO,MT,PKX,SID,$DJUSST,NUE,AKS,SUTR|B|F
Steel Industry - Fallen Angel
Steel is currently one of the bottom sectors, however many stocks appear poised for a rebound. I've tossed together a CandleGlance for your review.
http://stockcharts.com/freecharts/candleglance.html?X,VALE,RIO,MT,PKX,SID,$DJUSST,NUE,AKS,SUTR|B|F
PEIX - Fallen Angel
Pacific Ethanol, Inc. produces and markets low carbon renewable fuels in the western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, Idaho, and Washington. The company offers ethanol and its co-products, including wet distillers grains. It also provides transportation, storage, and delivery of ethanol through third-party service providers. The company sells ethanol to gasoline refining and distribution companies, and wet distillers grains to dairy operators and animal feed distributors. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California. Isn't that nice to know?
Was $19.25. Now possibly bottom building at $0.47.
This one trades on the Nasdaq, not the Pink Sheets.
Weekly:
http://stockcharts.com/h-sc/ui?s=PEIX&p=W&b=5&g=0&id=p28908293829
REVU - Fallen Angel
Here is the information link for Princeton Review at Yahoo:
http://finance.yahoo.com/q/pr?s=REVU
There may be some robust short term swing trade opportunities as it continues to carve out a bottom. The moving averages are lining up nicely for that.
http://stockcharts.com/freecharts/gallery.html?revu
Bottomed Qs.
There are two varieties; chapter 11 "reorganization," and chapter 7, which typically results in the complete liquidation of all company assets.
In the former case, the company continues too exist, and to operate, and the stock may well come back to life (although there is always the possibility that they may issue new stock to refinance.) GAPTQ is a perfect example. You'd never know by walking into their stores that anything is amiss,
In the latter, there is no company left, e.g., Circuit City.
Here's an article on Synergy Brands. As it turns out, one of its' associates was himself associated with someone who is legendary for the number of bankruptcies that he has had. Interesting twist!
http://tampabankruptcy.pro/blog/tag/synergy-brands/
YRCW
It's impossible to get any sleep in a hospital. How do they expect anyone to recuperate from anything here?!
In any event, it's been a little while since I've looked at how YRCW was setting up. No need for markups hare. Apparent double bottoms on the daily and weekly. Of course they're only confirmed as such when their upper necklines are penetrated.
http://stockcharts.com/freecharts/gallery.html?yrcw
http://www.yrcw.com/services/index.shtml
Looking for quality setups.
I'll be in a hospital for a couple days, and I had the presence of mind to bring a laptop, cell, and their respective chargers. (That should tell you that it isn't anything too serious.) Quality pullbacks - let's see here:
VVTV - ValueVision Media, Inc., an interactive retailer, engages in marketing, selling, and distributing products to consumers through televisions (TVs), telephone, online, mobile, and social media. ValueVision Director Edwin Garrubbo has been loading up on shares, the most recent purchase being 31,778 shares at $3.14. Here's the weekly, dutifully marked up.
GARB playing out as predicted.
http://stockcharts.com/h-sc/ui?s=GARB&p=D&b=5&g=0&id=p01325266854
TDCP setting up nicely.
The setup is best seen on the weekly:
http://stockcharts.com/h-sc/ui?s=TDCP&p=W&b=5&g=0&id=p29694710342
Look at the pinch between the two moving averages on the daily CandleGlance chart. This one may be as simple as buying the breakout on the daily in anticipation of a larger move on the weekly timeframe:
Downtrodden Blue Chips.
EK - I would hope so, too, but. . . But do they have a way of reinventing themselves? About two years ago, I noticed that the drop-box for Kodak film processing at Martin's (supermarket) was closed due to “lack of consumer interest in the service.”
Buying into downtrodden blue-chips sure does seem like a good idea on the surface of things. I think it may work for short-term swing trades based on sentiment, e.g.; the notion that “Kodak is just too big to disappear.” But, is that true when they are selling off their intellectual property rights?
The only downtrodden stock play that I'm currently in is GAPTQ, which I'm holding less for technical reasons than the perhaps futile hope that Google, Apple, Amazon, and Wal-Mart don't really own the whole world. People have to eat, and this is a strong chain of brand-names. (I won't mention them again, because I don't want to be accused of pumping up a stock.) I'll be perfectly candid, though (as I feel that I have been since my entry into this forum by virtue of a gracious invitation.) This is not so much a technical investment as it is a “feel good” investment with me.
What the world really needs now to “become connected” is universal cell phone service for $19.95 per month, not more clever web surfing gimmicks. I can't tell you just how much I despise my cell phone service provider. I am standing in anticipation of an era in which “giving me less” equates to “giving me more.” I'm just hoping that Wal-Mart isn't the first or the only one able to provide that service.
Sometimes less is more.
Can Eastman-Kodak really reinvent itself? This former high-flier looks like it's carving out a huge double bottom. But will the lowest price on ink in photo-quality printers save the company? It reportedly has a cache of valuable patents that it is looking to sell in the current patent buying frenzy. But can it survive after it sells off its' intellectual property?
http://www.reuters.com/article/2011/08/18/us-eastman-kodak-shares-idUSTRE77H5BP20110818
Charts: http://stockcharts.com/freecharts/gallery.html?ek
Have we arrived at the point where buying or selling intellectual property may, in and of itself, be taken as something of a technical indicator?
“The bubble in mobile phone technology patent values may just have popped. Now that Google has agreed to a $12.5 billion deal to buy Motorola Mobility -- scooping up a trove of 17,000 phonerelated patents to give itself some ground to defend its Android operating system -- the most motivated buyer looks to be off the market. 'The game is completely changed as a result of Google's acquisition of Motorola Mobility,'” explains The Economic Times: http://economictimes.indiatimes.com/tech/hardware/google-motorola-could-be-peak-of-patent-price-spike/articleshow/9728749.cms
Perhaps it is germane to note that Google's stock (GOOG) closed today at $523.29, while Eastman-Kodak shares closed at but a mere $2.58.
Wait! - there's some even more interesting news: “China's telecom giants are building up a war-chest of patents to help give them an edge in the legal battles raging between the world's smartphone makers, aided by Beijing's push to transform the country from workshop to innovator,” explains reporter Rachel Armstrong from Singapore.
http://www.reuters.com/article/2011/08/25/us-china-patents-idUSTRE77O0VX20110825
This raises some important philosophical questions; not the least of which is whether we should be investing in the strongest companies – those that are buying the patents – or those that are selling off their valuable intellectual property in the hopes of regaining their footholds?
Just how Apple – for years the runner-up behind the “IBM-compatible” computer – managed to come up with a larger stash of cash than the United States is a story that has yet to be told. In part, it was by reinventing itself from a mainstream manufacturer of computers into a communications giant.
But just how much more can we expect from our communication devices? Are we anticipating teleportation to other planets with them?
As for me, I'd be more than satisfied with unlimited talk and text for a flat $19.95 per month. The first company to offer me that deal gets my signature on the dotted line.
Sometimes less truly is more.
OPSY up 660% this week.
Anyone catch the move? Sure wish I could say that I did.
http://stockcharts.com/h-sc/ui?s=OPSY&p=W&b=5&g=0&id=p99317722554
You may be on to something in copper.
But this is a tough call based on technicals alone.
COPX – which is a pure copper ETF consisting of both large and small miners – is always a handy reference. The Point & Figure chart says it's still in an uptrend, but in a relatively deep pullback. The daily shows lower highs and lower lows, which means it's in a downtrend. But there's a tantalizing double bottom that mirrors that of the general markets. If I were to play it, I'd put a stop on it at about $14.50, and look to take profit at around $19.00.
http://stockcharts.com/freecharts/gallery.html?copx
CU – the First Trust ISE Global Copper Index Fund – displays a similar pattern.
http://stockcharts.com/freecharts/gallery.html?cu
There is also the Emerging Global Shares Emerging Markets Metals & Mining ETF (EMT) which focuses on emerging markets such as Asia, Latin America, China and Brazil.
http://stockcharts.com/freecharts/gallery.html?emt
BDD – the PowerShares DB Base Metals ETF – is a little different. It's based on futures for aluminum, copper and nickel.
http://stockcharts.com/freecharts/gallery.html?bdd
This much is certain – there are a lot of relatively safe options out there, and the demand for these materials will not go away within the near future.
EVPH – Speculative play of the week
Apparently the company offers prepaid telephone service, and is branching out into the nasty business of buying foreclosed home at a discount. This is a growing business. See:
http://www.thestreet.com/story/11224917/1/a-huge-housing-bargain--but-not-for-you.html
Nasty business or not, Buyins.net issued a SqueezeTrigger alert way back in March. Here, from Bloomberg, and solely for your entertainment, it is with links to their reports:
http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=EVPH:US&sid=azzRi61vn3.I
Company website:
http://www.everybodysphonecompany.com/
Almost forgot the most important part – a solid close above a critical moving average. Standard gallery view:
http://stockcharts.com/freecharts/gallery.html?evph
Novel automated trading idea of the week – trading short squeezes:
http://www.squeezetrigger.com/
More paradigm shifts.
It is all just so amazing.
http://finance.yahoo.com/news/In-nod-to-IBM-HP-overhaul-apf-3036187722.html?x=0
Baltic Dry Index is up, up, and away.
http://stockcharts.com/h-sc/ui?s=$BDI&p=D&b=5&g=0&id=p89039560148
There it is. The bellwether. The harbinger. Or, to put it another way, the signal that the shipping industry may finally have tanked and is ready to rebound. Yes sir, the Baltic dry index is indeed the bellwether, and it's up over its' critical moving average and rapidly approaching overbought status on the RSI. Look at all of those luscious bottoms in the making on the shipping stocks!
Navious Maritime – possible bottom in the making:
http://stockcharts.com/h-sc/ui?s=NM&p=D&b=5&g=0&id=p36777303666
DRYS – Up we go – down we go:
http://stockcharts.com/h-sc/ui?s=DRYS&p=D&b=5&g=0&id=p49726109234
EXM – Glug, glug, glug:
http://stockcharts.com/h-sc/ui?s=EXM&p=D&b=5&g=0&id=p14765849299
TNP - Tsakos Energy Navigation. Still looking as if it's trying to find some support after a major nosedive.
http://stockcharts.com/h-sc/ui?s=TNP&p=D&b=5&g=0&id=p79320498191
TNK. Teekay Tankers Ltd. Still looking for support.
http://stockcharts.com/h-sc/ui?s=TNK&p=D&b=5&g=0&id=p45634041215
FRO: Frontline, Ltd. Just wait.
http://stockcharts.com/h-sc/ui?s=FRO&p=D&b=5&g=0&id=p05759660134
Genco Shipping up quite a bit since I'd last mentioned it:
http://stockcharts.com/h-sc/ui?s=GNK&p=D&b=5&g=0&id=p53165789013
Paragon Shipping still looking for support:
http://stockcharts.com/h-sc/ui?s=PRGN&p=D&b=5&g=0&id=p43205269061
Eagle Bulk Shipping (EGLE) is down to but a mere $1.80:
http://stockcharts.com/h-sc/ui?s=EGLE&p=D&b=5&g=0&id=p77206390212
Finally, Horizon Lines (HRZ) closed at but $0.79 on Friday:
http://stockcharts.com/h-sc/ui?s=HRZ&p=W&b=5&g=0&id=p58020021345 ;
It's Friday night and there are no posts?
SMKY- Agree with Six Cents.
This is a nice setup. And, apparently there is a company behind the stock. That can be a consideration.
http://stockcharts.com/h-sc/ui?s=SMKY&p=D&b=5&g=0&id=p47258081911
EK - long term double bottom
If you pull up a weekly chart, you'll see this as a long term double bottom. A lot of stocks are at this point now. This is the third and final wave of the big market crash.
AMZN – some amazing accomplishments
Millions of Amazon Prime subscribers at $79 a year. Imagine that. They get unlimited free two day shipping on millions of items, and now Amazon is offering unlimited streaming of the entire Star Trek franchise along with other popular TV series such as The Tudors, Frasier, and more to subscribers.
For years, I've been doing my Christmas shopping at my kitchen table on a laptop. (No fighting for a parking spot at a Wal-mart for me!) I toss out some key words and an endless variety of stuff comes out to me. I pick and choose, and it all arrives at my doorstep via UPS (or some other similar carrier) handily contained in one right-sized box.
The concept of paying an annual fee for lower pricing has always intrigued me. Just how does Sam's Club and Costco get away with this? A membership fee for lower pricing on breakfast foods and paper towels?
Why not charge a membership fee for unlimited streaming and faster shipping online as well? People will recognize the value in it. I'd call this a paradigm shift. I'd call this as one that is working.
http://stockcharts.com/h-sc/ui?s=AMZN&p=W&b=5&g=0&id=p41557433727
Paradigm shifts.
My son and I were playing around with stock charts (one of his favorite games) and he tossed out some tickers to see how they were doing today. He's known for years that “F” is for Ford, “S” is for Sprint, “K” is for Kellogg, and “L” is for Lowes. Bright kid that he is, he also now knows that “AAPL” is for Apple, and that “IBM” is for . . .
May I digress for a moment here to note that it's official now – a company holds greater cash holdings than the United States? http://www.thirdage.com/news/apple-cash-reserve-greater-than-u-s_07-29-2011 Were you aware that Apple had surpassed Exxon/Mobil as the most valuable American company? http://kliv.com/Apple-Passes-ExxonMobil-as-Most-Valuable-American-/10581663 And, has anyone taken notice that Standard & Poors has rated Microsoft with a higher credit rating than the U.S. Government? http://www.huffingtonpost.com/david-morris/sp-says-microsoft-more-cr_b_925415.html No one even knows what IBM does anymore, but it closed at $171.48 today. AAPL closed at $380.44. GOOG closed at $533.15.
Meanwhile, child poverty has climbed in 38 States. http://www.huffingtonpost.com/2011/08/17/child-poverty-climbs-in-3_n_929905.html Don't even go there - a triple leveraged reverse ETF tracked against child poverty rates in the U.S. Better yet, how about a triple leveraged ETF that profits off of rubber-stamped home foreclosures?
My purpose in writing originally was to set out to discuss paradigm shifts. Those are the mental gear shifts that we have to make when we come to the realization that the world does not quite work in the way that we once thought that it did. Little things like that Sears and K-Mart merging won't put a dent into Wal-mart. Things like the second largest toy retailer in the country liquidating most of its real estate holdings. Surely you remember Toys r Us? Now Borders, reportedly the second largest brick and mortar book retailer is out of business. I suppose that I'm at least in part to blame for that for having bought so many books online through Amazon, which perhaps not so incidentally closed today at $195.93.
I was hit with one of these paradigm shifts head-on tonight when my son asked me to pull up one particular stock ticker. The world as we knew and understood it has actually changed. But change isn't always a bad thing. There is room for quality and innovation. There is room for making an honest buck in our society simply by staying one step ahead of your competitor.
Sometimes change isn't such a bad thing at all. Sometimes it's only a matter of convenience.
http://stockcharts.com/h-sc/ui?s=NFLX&p=W&b=5&g=0&id=p28340745449
SIRG - Solid close above MA 50.
Company is based in the US, and and claims to perform socially responsible mining. Director Luis Munoz was recently appointed top legal adviser by the government of Ecuador. Isn't that interesting?
Here are the charts:
http://stockcharts.com/freecharts/gallery.html?sirg
GARB is setting up nicely.
Possible thrust from around .0025 to .006 (or more) seems to be in the making.
http://stockcharts.com/h-sc/ui?s=GARB&p=D&b=5&g=0&id=p00569904737
MDFI is looking very perky today.
Now testing resistance at the 50 MA.
http://stockcharts.com/freecharts/gallery.html?mdfi
http://www.medefile.com/
Fresh material - part 2
MTIZ – Recently broke out of a flotsam and jetsam base, and is now engaged in a pullback.
http://stockcharts.com/freecharts/gallery.html?MTIZ
LBAS – Overbought RSI spells pullback.
http://stockcharts.com/h-sc/ui?s=LBAS&p=D&b=5&g=0&id=p06659233527
BIEL – Has been above critical moving averages for a time, and appears to be pulling back.
http://stockcharts.com/freecharts/gallery.html?BIEL
DFSH – Still going strong.
http://stockcharts.com/freecharts/gallery.html?DFSH
EYSM – This setup looks better every day. RSI is getting pretty high. That may slow things down.
http://stockcharts.com/freecharts/gallery.html?EYSM
SFOR – Note the similarity between this setup and EYSM, particularly on the weekly.
http://stockcharts.com/freecharts/gallery.html?sfor
Still trolling for fresh material.
SLPH – looks like a turnaround. Standard gallery view:
http://stockcharts.com/freecharts/gallery.html?slph
TSSP – Wish I had seen this one before the breakout. It closed above the 200 day moving average two days in a row before the big move. They do some interesting stuff. http://www.trendsetterindustries.com/
http://stockcharts.com/freecharts/gallery.html?tssp
GSPI - Chart says it all.
http://stockcharts.com/freecharts/gallery.html?gspi
STTN – Charts are saying a breakout may be in the making. The bars are in the right places on both the daily and weekly charts.
http://stockcharts.com/freecharts/gallery.html?STTN
SMKI – Agree with Six Cents – this one's worth watching.
http://stockcharts.com/freecharts/gallery.html?smky
EXMT – Agree with BullsEye. I particularly like the weekly chart, where the setup can clearly be seen.
http://stockcharts.com/freecharts/gallery.html?exmt
BPAX is a nice find.
To some market participants, that trendline break may represent a trend reversal signal, but I'm not necessarily seeing it that way.
Market technician John Murphy explains that when a stock breaks the 20 day moving average, it will usually find support on the 50. When it breaks support on the 50, it will usually fall to the 200 day moving average. Those are the three moving averages that he uses the most.
Look at what has happened here. Exactly what he'd described!
This looks like a very good stock to swing trade time and time again with even a minimalist set of indicators. Odds are good that this one will at least run back up to test resistance at $3.00, and if it finds support above that point on MA 50, there is a good chance of a blast toward $4.00 to retest resistance there.