Charts of Interest

SPF if it can break 8.52 she should be good to the 8.70 range and beyond.



CORT looking to test resistance again at 3.00. If we get through resistance we could close that gap!



INWK looking for pullback indicators in over bought territory and pps closed well above BB. Looking for pullback to 8.09 23% fib.



HOV looking for a pullback for same reasons above. I will look for pullback to 200ma 5.15 range.

XLU been a stud this week! Huge volume day, looking to go blue skies, but alot of resistance up ahead. Traded twice calls mon and tues.

Charts of interest:
LXRX Bullflag breakout possible. Could be possible to get a fill at the lower pendent line????


EGO triple bottom bouncing off of 200. Golden Cross Soon. Watching for break of 6.52


ANR looks ready for a short opportunity.




XLU July14 42 Calls

Charts of interest

YOD Bull Pendant Breakout


PSID fib bounce play retrace to 38%


MJNA Wedge breakout


CBIS Cup and Handle Breakout

Nati, Here are a few charts from my scans. Have fun and be green!

ARQL - Divergence Play RSI, MACD, STOCH, and MFI all positive divergence.



DGRI Again - Channel play, buyin bounce off the 50ma or resistance toward bottom of channel. 50ma sounds better though.



HIL Swing play long



SGYP Short Play

Nati, Have you seen a list of MM's and their roles, good, bad, diluters and such. I saw one on Hack's site but there have been some MM's I don't see on his list. Just Curious.

Nice week guys. Have a great weekend and I look forward to new scans.

ACGX possible breakout imminent. A lot of positive divergences, RSI rising, ACC/DIS rising, Stoch crossing, MFI trending up crossing 50.

YOD hit both profit targets, now trailing 10ema with free shares. VIP hit short entry 8.36, topping on RSI 5 and hopefully looking for fall off the cliff, if not small stop loss 8.61. MY almost triggered entry at 3.45. She's getting ready to erupt volcano style.

Here are a few picks from my scans:

MY, looks like there could be some upward momo. MACD slow crossing above 0, RSI back down to 60ish. Green enter, Yellow profit zones.


YOD for fib bounce play off the 50% retrace / 200sma.


VIP, for the Dead Cat Bounce SHORT

LDV not sure what the complaint is about. Clay never said the pps would hit .002. He simply stated that .002 was what needed to hold as support. 1 candle doesnt make a move, but there needs to be confirmation. Only confirmation was that fridays candle remained above ma support, as Clay stated. If it remains above ma's you have resistance at .0026 and .0029. In The video not once did he say the stock will go one way or another. GLTY

Here are a few plays from my scans, sorry for being late.

Here is a Positive Divergence play with BBDA.


BIEL watching for breakout. RSI5 x RSI15, and MACD Signal crossing 0.


ONCS ready for breakout. BB pinching, MACD crossed above 0, Stoch and MFI looking nice.

ACGX closed above the 50 now lets keep it there! Chart looking good, waiting for that RSI 5 to cross above the RSI 15. Stayed within the channel, hopefully we see some poppage up to the 20!

The nemesis 50sma. Crazy doji though we shall see. FROZ getting back into profit territory. I will start taking profit there as it comes. Long way to go for initial buy in to go green.

ARRY looking good took a little off today. Will trail rest at 10ema. Waiting for PSID to break. ACGX not sure what to make of candle, but stoch crossed above 20 hopefully we see a reversal here. Obvious no fill on SKYF play is over, hopefully those who are playing are taking some profit.

Positive Divergence play (RSI,STOC,MFI) with increasing volume


Nice Hammer, and stoch cross could be signs of reversal. I HOPE!


Pattern Breakout. Nice above average green volume last week or so, could be ready to breakout.


Just because you mentioned it yesterday. Closed way outside BB. Look for retrace Im calling 50% but gonna place limit at 38% .0009, see if we get a fill.

Missed that one. I have too much of my acct tied up. Need to free up some FROZ. Hopefully we see a pop so i can balance my acct. You guys have been doing well. Will do some scans tommorow, will post.

PHRX Sweet 30% one and done!

PHRX looking like a breakout, testing .006 resistance.

HW looking to blow volcano style!

Take some profits on the way up my friend. Be green!

I'm stuck in the deep freeze. FROZ is killing me. Missing trading last week didn't help. Will be out rest of this week. So sad!

Damn it man, missed those fib fills by .0003 on MELY, and .0005 on NLEF. 60% and 33% gains respectfully, hopefully someone profited! FYI, Im done with those plays personally.

Prez you are right, my bad about AS only 2b. Still a liquidity trap, and the weekend did it no favors. GLTY, hopefully there is a bounce.

LGBS liquidity trap. Whole $540 worth of volume on a stock with 1.3b in OS and 10b in AS, makes one go hmmmmmm! Hopefully it works for you.

The Nati board #7 on breakout list, gotta be a proud papa!

Its a lifelong journey my friend. Check out Clay's InnerCircle and training courses they are awesome IMO and well worth the few bucks he charges. GLTY, be green.

MT my .02 is that the hammer is a pretty bullish one. As price tried to touch the 50ma the bulls took control back. It also closed within the channel. However, there is some neg divergence with RSI being flat while pps is rising. If the next candle is green it goes to upper channel .05+, if not 50ma is waiting. I favor the former.

NG200 Clay does them and sends via email to Innercircle members.

I hope you break the bank my friend. Just not for me. Be green.

Low float liquidity trap! 50m OS with 30m float. If you are in you should have sold most Friday. You still could see a pop, the hype looks good. If you are not in, don't be. They go down faster than up! Look at the chart 1/31 weekend -- look familiar??? Retrace of 100% premarket. Those who sold Friday made bank while the rest are still holding body bags, their own.

BE CAREFUL ON THIS ONE, IMO

JD dollar volume is about 500K and 150K. Nice volume is always a must when going for a quick trip to profit land. Looking to hit a single or double here. MELY with the 200ma sitting right there looks prime for retrace and bounce. If not, o'well there will be another one.

Nati, looking at a couple of fib RvR type plays: MELY see if I can hit .0025 38% retrace and quick rebound. Just above 200 support too.


Also, NLEF long wicks looking for .0105 between 38% and 50% retrace then rebound. Reason not 50% is .01 psyc support level. Quick in and out.

Hey Nati, the board is growing, nice! Here is a strategy that's made me some cash in the past. See TAN chart, looking only at the daily, stoc(5,1). Buy trigger is stoc crosses above 20. Cant get easier. I use straight up in the money call options with this strategy. I buy 3+ contracts, set to sell 1/3 position at 15% and the remaining I will trail. Works best with leading ETF and Big Board. Use some chart knowledge and it becomes more powerful. Thought I would share.

Hopefully you are feeling better bro. I have to travel mon-wed at a job site so will be iphone watching but no day trading. Thanks for the watchlist. Have a restful weekend.

Planning to watch these early next week as I will be travelling to Tampa. It will pass the time in the hotel, I hate travelling, been there done that all my life.

Thanks a lot Hack for all the time you spend keeping us informed.

Said same in IC chat last night. This confirms my thought process is at least on the right track. Although I did not correlate the move to a prior move as you did. Awesome chart Hack! Will be watching also.

Good morning fellas, watching UTRM for bounce, MYEC for continue consolidation. Couple of new kids GYST keeps hitting my scans and LQMT other than the spinning top last candle looks ready to go. Will be watching them today as well.

Bottom line Bird, charts help to put the odds in my favor, and my accounts say Im doing pretty well.

Without going into the definition of "100% profitable," any person or company trading any volume claiming to be 100% accurate, is a liar, pure and simple. But then I digress...

The only way to NEVER fail in any endeavor is to never engage in it. You can use that if you wish.

I do believe Turkey is on the menu.

Bird, Charts are not the holy grail, nothing is. However, if Im playing poker and can figure the odds of my hand winning, I have a greater chance of winning long term by simply folding crap hands and hedging bets.

Charts do more than measure price action and quantify it in different time spans and dissect it with a myriad of indicators. Charts can help measure psychology and give guidance as far as telling one where the best odds for winning are.

I can take your statement further and say Penny Stocks are not the way to make money, period. That would be true for the 95% who lose everything, but for the 5%, hmmmmm, I want to be one of those. I feel charts will help me better to navigate to that goal.