QQQQ Trades (Weekend Update)...

From 03/06/06 thru 04/21/06:

$7.86 = Profit from the 'Support & Resistance Report' Strategy (Day Trades)

$6.57 = Profit from the 'Support & Resistance Report' Strategy (Swing Trades)

$0.55 = Profit from a 'Buy and Hold' Strategy

QQQQ Charts

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A record of 'Buy' and 'Sell' Signals that produced the results above may be viewed at the Support & Resistance Report web site.

The Medved QuoteTracker will alert you when the price of a stock rises to its area of "Gathering Resistance" (Sell Trigger) and when a price falls to its area of "Gathering Support" (Buy Trigger).

It will not, however, automatically execute the trade for you. You must still do that yourself.

As you know, you may choose the method by which you receive alerts from the QuoteTracker:

1) "Popup Window" Alert

2) "Sound" Alert ( you may use your own sound files )

3) "Email" Alert ( "Medved QuoteTracker" will notify you via email whenever one of the alerts that is generated by the "Support & Resistance Report" is triggered. )

Y worry Murry, You are correct in your assessment...

of the Support & Resistance Report service.

The number of "Buy" and "Sell" alerts that trigger varies from day-to-day. However, there is invariably a handful to choose from.

I post a trigger here from time to time in order to provide an example of how the service works.

I, myself, use the service every day as a guide to profitable trades. Over 200 repeat subscribers use the service as well. I have no idea of how most of them are doing. However, I assume that traders who renew their subscriptions month after month are doing well.

A newer aspect of the service enables subscribers to import all of the "Buy" and "Sell" alerts into the Medved QuoteTracker with the click of one button.

It's a great time saver.

Thanks for your interest. Feel free to ask any other questions that you may have.

Mike

SNDK and its area of "Gathering Support"...

An area of "Gathering Support" (Buy Trigger) caught a falling SNDK in after-hours trade on Thursday.

The area was composed of two individual aspects of Support in close proximity to one another:

1) $61.05 (Weekly Pivot Price)

2) $61.01 (20-Week Moving Average)

After printing a low of $61.00 in after-hours trade, Support was found. SNDK rose to a subsequent high of $66.00.

SNDK and its area of "Gathering Support"...

An area of "Gathering Support" (Buy Trigger) caught a falling SNDK in after-hours trade on Thursday.

The area was composed of two individual aspects of Support in close proximity to one another:

1) $61.05 (Weekly Pivot Price)

2) $61.01 (20-Week Moving Average)

After printing a low of $61.00 in after-hours trade, Support was found. SNDK rose to a subsequent high of $66.00.

SNDK and its area of "Gathering Support"...

An area of "Gathering Support" (Buy Trigger) caught a falling SNDK in after-hours trade on Thursday.

The area was composed of two individual aspects of Support in close proximity to one another:

1) $61.05 (Weekly Pivot Price)

2) $61.01 (20-Week Moving Average)

After printing a low of $61.00 in after-hours trade, Support was found. SNDK rose to a subsequent high of $66.00.

Stock Charts and The "Support & Resistance Report" :

The goal of a Stock Chart is to reveal levels of Support (areas where a falling price will stop falling and begin to rise) and levels of Resistance (areas where a rising price will stop rising and begin to fall).

The Support & Resistance Report gleans Support Prices and Resistance Prices from a combination of 4 charts (Daily, Weekly, Monthly and "Point & Figure" Charts). It then presents the gleaned prices in a concise and useful manner by sorting them in descending order for each individual stock and by highlighting, in purple, areas of concentrated Support (Gathering Support) and areas of concentrated Resistance (Gathering Resistance).

If the price of a stock is falling, then the report is useful for revealing where the price may stop falling and begin to rise (at an area of "Gathering Support").

Likewise, if the price of a stock is rising, then the report is useful for revealing where the price may stop rising and begin to fall (at an area of "Gathering Resistance").

Stock Charts and The "Support & Resistance Report" :

The goal of a Stock Chart is to reveal levels of Support (areas where a falling price will stop falling and begin to rise) and levels of Resistance (areas where a rising price will stop rising and begin to fall).

The Support & Resistance Report gleans Support Prices and Resistance Prices from a combination of 4 charts (Daily, Weekly, Monthly and "Point & Figure" Charts). It then presents the gleaned prices in a concise and useful manner by sorting them in descending order for each individual stock and by highlighting, in purple, areas of concentrated Support (Gathering Support) and areas of concentrated Resistance (Gathering Resistance).

If the price of a stock is falling, then the report is useful for revealing where the price may stop falling and begin to rise (at an area of "Gathering Support").

Likewise, if the price of a stock is rising, then the report is useful for revealing where the price may stop rising and begin to fall (at an area of "Gathering Resistance").

Chart & Comments Updated for RIMM...

04/20 - The 'Support & Resistance Report' identified an area of 'Gathering Resistance' (Sell Trigger) at $78.00 on the nose going into Thursday's trade, and so it was found to be.

After printing a high of $78.00, RIMM fell $2.00 to a subsequent low of $76.00

RIMM (5 Minute Chart):

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Chart & Comments Updated for RIMM...

04/20 - The 'Support & Resistance Report' identified an area of 'Gathering Resistance' (Sell Trigger) at $78.00 on the nose going into Thursday's trade, and so it was found to be.

After printing a high of $78.00, RIMM fell $2.00 to a subsequent low of $76.00

RIMM (5 Minute Chart):

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gloe,

I detect that you are one of those unpleasant people who is here to pick a fight.

You didn't request one expample of Suport for the IWM and $RUT. You requested two weeks to a month's worth of Support & Resistance data. That would involve a lot of work for me and I just don't have the time.

As for your "that's all I need to know" statement, the "Support & Resistance Report" has over 200 long term subscribers. That number is growing day-by-day.

These are traders who decided to try a 1-month subscription for a very reasonable $14.98 (see if you can find that price on another subscription service) and decided that they liked what they got for their money.

That's "all you need to know".

Mike

gloe,

There is a good example of the "Support & Resistance Report" Spreadsheet at the Support & Resistance Report web site.

It is accompanied by a clear explaination of how it works and why it works.

Traders who like to buy at Support and sell at Resistance see the value in the spreadsheet right away.

I do not have a "ready made" record of past areas of "Gathering Support" or "Gahtering Resistance" for the IWM or $RUT as I do for the QQQQ and have no plans, at the moment, for producing one.

Mike

gloe,

I maintain a running record of trades for the QQQQ only.

A running record for other ETFs (IWM, SMH, SPY, DIA, XLE, XLB, etc.) would have a similar record because the individual aspects of Support & Resistance that compose an area of "Gathering Support" (Buy Trigger) or "Gathering Resistance" (Sell Trigger) are the same as those used for the QQQQ.

In other words, its the principle of "Gathering Support" and "Gathering Resistance" that works across the board. It doesn't matter which ETF it is applied too.

gloe, In regard to IWM and $RUT...

The QQQQ receives special attention at my StockCharts.com web site for two reasons:

1) It is a popular trading vehicle.

2) It is the first stock that visitors see when they visit my website.

I know from the feedback that I receive, however, that the IWM and $RUT are popular trading vehicles, too. Otherwise, they would not be tracked by the "Support & Resistance Report" Spreadsheet.

For a shorter answer to your question, the IWM and $RUT recieve the exact same attention on the Support & Resistance Report Spreadsheet as does the QQQQ.

ONEBGG,

No permission needed. Thanks for all of the help that you provide.

Mike

A concentration of Resistance for the QQQQ...

resides within a 5 cent range between $42.87 and $42.92 going into Wednesday's trade.

It is being provided by:

1) Bollinger Band Resistance ($42.87)

2) Weekly R2 Pivot Price ($42.89) and

3) Weekly Bollinger Band Resistance ($42.92)

A concentration of Resistance for the QQQQ...

resides within a 5 cent range between $42.87 and $42.92 going into Wednesday's trade.

It is being provided by:

1) Bollinger Band Resistance ($42.87)

2) Weekly R2 Pivot Price ($42.89) and

3) Weekly Bollinger Band Resistance ($42.92)

Hi ONEBGG,

Thanks for your reply.

I tinkered and found the way to do it.

If you put target="_blank" immediately in front of[*/url*] (without the asterisks, of course), then the destination web site will open in a new window while your I-Hub web site is preserved in its own window.

For an example of how this works, click on "Support & Resistance Report" link below:

Hi Matt...

I created a new I-Hub board in the "User Groups" Section.

It's called, "Medved QuoteTracker User Group".

Would make the "Board Title" green as you did for my other I-Hub board, "Support & Resistance Report".

Thank You,

Mike

A two-day "Swing" Trade for the QQQQ...

04/18 - A 'Swing' Trade Long taken on Monday at an area of Gathering Support between $41.53 and $41.56...

was closed on Tuesday at an area of Gathering Resistance between $42.50 and $42.57...

for a profit of no less than $1.00 per share

A two-day "Swing" Trade for the QQQQ...

04/18 - A 'Swing' Trade Long taken on Monday at an area of 'Gathering Support' between $41.53 and $41.56...

was closed on Tuesday at an area of 'Gathering Resistance' between $42.50 and $42.57...

for a profit of no less than $1.00 per share

Chart & Comments Updated for ADBE...

04/17 - The 'Support & Resistance Report' identified an area of 'Gathering Resistance' (Sell Trigger) between $37.38 and $37.57 going into Monday's trade, and so it was found to be.

After printing a high of $37.43, ADBE fell $0.82 to a subsequent low of $36.61

ADBE - 5 Minute Chart:

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Chart & Comments Updated for ADBE...

04/17 - The 'Support & Resistance Report' identified an area of 'Gathering Resistance' (Sell Trigger) between $37.38 and $37.57 going into Monday's trade, and so it was found to be.

After printing a high of $37.43, ADBE fell $0.82 to a subsequent low of $36.61

ADBE - 5 Minute Chart:

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Chart & Comments Updated for YHOO...

04/17 - The 'Support & Resistance Report' identified an area of 'Gathering Resistance' (Sell Trigger) between $31.67 and $31.68 going into Monday's trade, and so it was found to be.

After printing a high of $31.79, YHOO fell $1.13 to a subsequent low of $30.66

YHOO - 5 Minute Chart:

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Chart & Comments Updated for YHOO...

04/17 - The 'Support & Resistance Report' identified an area of 'Gathering Resistance' (Sell Trigger) between $31.67 and $31.68 going into Monday's trade, and so it was found to be.

After printing a high of $31.79, YHOO fell $1.13 to a subsequent low of $30.66

YHOO - 5 Minute Chart:

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Testimonial From a Russell-2000 Trader...

Hi Mike,

So far so good. Your data has tremendously helped me. Before, I felt like a hunter shooting at anything that moved. Now, the S&R Report gives me that target I have been looking for. I trade RUT futures. Thank you so much.

With Regards,

JW

Testimonial From a Russell-2000 Trader...

Hi Mike,

So far so good. Your data has tremendously helped me. Before, I felt like a hunter shooting at anything that moved. Now, the S&R Report gives me that target I have been looking for. I trade RUT futures. Thank you so much.

With Regards,

JW

Crude Oil (Weekly Chart) Displays a "Cup & Handle"

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Sector Performance Chart and Comments...

I do a weekly analysis of the S&P 500 Index and the 9 Market Sectors that compose it.

This looks like a good place to post it:

S&P 500 Sector Performance Chart

QQQQ Chart...

Chart & Comments Updated for GOOG...

GOOG Chart

Benefits of the "Support & Resistance Report"

The "Support and Resistance Report" is designed to highlight natural places to buy (at Support) and natural places to sell (at Resistance).

Support and Resistance are represented on the report by a stock's Highs, Lows, Closing Prices, Moving Averages, Fibonacci Numbers, Pivot Prices, Trend Lines, Double-Tops, Triple-Tops, Double-Bottoms, Triple-Bottoms and Upper and Lower Bollinger Bands.

The fact that the price of a stock bounces between these aspects of Support & Resistance during the course of a day, week or month provides specific trading opportunities for both swing-traders and day-traders.

For further information about the "Support & Resistance Report", including an example of the report, visit the Support & Resistance Report web site.

Chart & Comments Updated for the QQQQ...

From 03/06/06 thru 04/13/06:

$7.87 = Profit from the 'Support & Resistance Report' Strategy (Day Trades)

$5.69 = Profit from the 'Support & Resistance Report' Strategy (Swing Trades)

$0.63 = Profit from a 'Buy and Hold' Strategy

QQQQ Charts

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A record of 'Buy' and 'Sell' Signals that produced the results above may be viewed at the Support & Resistance Report web site.

I, hereby, confess that...

I have committed the sin of creating a new message board from which, I pray, we all may profit.

"For broad is the road that leads to losses, and those who travel it are many...narrow is the road that leads to profits, and those who find it are few."

Enter, therefore, into the joys of the "Support & Resistance Report" by clicking on the link below...Amen:

Thanks ONEBGG...Matt took care of the "Board Title" color change, as you suggested that he would.

I have another question...

Is there a way to incorporate the Target="_blank" parameter into a link so that the destination webpage opens in a new window?

Without the Target="_blank" parameter, those who click on a link lose their position in the message board from which they are linking because it is overlaid with the destination web page.

Thanks,

Mike

Linking to my I-Hub Message Board from my "Profile" Signature

A Test...

Chart & Comments Updated for the SMH...

04/13 - The 'Support & Resistance Report' identified an area of 'Gahtering Resistance' (Sell Trigger) between $37.00 and $37.04 going into Thursday's trade, and so it was found to be.

After printing a high of $37.09, the SMH fell $0.34 to a subsequent low of $36.75.

The 'Swing' Trade taken at Tuesday's area of "Gathering Support" between $36.19 and $36.34 was closed at Thursday's area of "Gathering Resistance" leaving a profit of no less than $0.66 and a max possible profit of $0.84.

SMH Chart

Comments for NNSR...

zeroluv,

NNSR is a penny stock that looks "oversold" in the short term.

I wouldn't think about jumping in, however, until it demonstrates that it is able to rise above it's "20-Day Moving Average".

It would also help if the "20-Day Moving Average" would turn up and begin to rise as opposed to the sharp decline that it is in now.

Chart & Comments Updated for the QQQQ...

From 03/06 thru 04/13:

$7.87 = Profit from the 'Support & Resistance Report' Strategy (Day Trades)

$5.69 = Profit from the 'Support & Resistance Report' Strategy (Swing Trades)

$0.63 = Profit from a 'Buy and Hold' Strategy

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID735617

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A record of 'Buy' and 'Sell' Signals that produced the results above may be viewed at the 'Support & Resistance Report' web site:

http://mewinfree.home.comcast.net/SupportAndResistanceReport7.html

Chart & Comments Updated for the SMH...

04/13 - The 'Support & Resistance Report' identified an area of 'Gahtering Resistance' (Sell Trigger) between $37.00 and $37.04 going into Thursday's trade, and so it was found to be.

After printing a high of $37.09, the SMH fell $0.34 to a subsequent low of $36.75.

The 'Swing' Trade taken at Tuesday's area of "Gathering Support" between $36.19 and $36.34 was closed at Thursday's area of 'Gathering Resistance' leaving a profit of no less than $0.66 and a max posible profit of $0.84.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID735617&cmd=show[s57481432]&disp=...