Tatnic's Terrific Trades

damnit, Doug.... I said "TATNIC" hehehe

Well.... what do YOU think of the chart?

btw: how'd you know? Did you look up issues advancing greater than 15%, sort the share price, and then scan thru the charts of the resulting stocks?

OK...so now that I know its WHT, I pulled up a weekly and I don't like it here. To me it looks like it could base for quite a while longer so I'd rather see it build a nice base with decent support and then eventually break strongly out of that base above resistance, with volume. That's not to say that this chart can't pop here but to my eye its got some time left in the basing stage (one could argue that its still in the downtrend phase and you wouldn't get much opposition from me on that claim--its in the gray area right now and to be in a basing stage is an improvement).

Some other things I don't like are the descending ma's...the majority of the time you can't get a strong move in the opposite direction of the slope. Not always, but most of the time.

Tatnic,

I know you love charts... tell me what you think of this: (company witheld)

I like the colors and the way those lines go up and down. Seriously, as a rule, I don't look at daily charts and I don't very often bother with anything under $5 (I did buy some small stuff last week but due to its very speculative nature, I didn't post them). Also, there appears to be quite alot of overhead nearby so....but if it goes up and makes you money then its all good.

I feel more comfortable looking at a bigger picture. If you pull up any of the charts I posted from last week you'll see how I like them parameter-wise: Weeklies, 40/2 bollingers, rsi, adx, 10 sma, 30 ema, and volume over the past 1/2 year. That's just the beginning, but its a start.

[IIC]

damnit, Doug.... I said "TATNIC" hehehe

Well.... what do YOU think of the chart?

btw: how'd you know? Did you look up issues advancing greater than 15%, sort the share price, and then scan thru the charts of the resulting stocks?

My crystal ball knows all.

But I took the long way way out although not as long as your way...One of my Fave scans is MACD 2,13,12 crossovers...I put in a price range based on your chart and only 4 came up.

Interesting chart but I would like to know why it moved?...Unfortunately, this is my busiest week of the year (hopefully) so I don't have time to check it out.

[peanuts]

rapscallion!

Let me guess...that looks like WHT

damnit, Doug.... I said "TATNIC" hehehe

Well.... what do YOU think of the chart?

btw: how'd you know? Did you look up issues advancing greater than 15%, sort the share price, and then scan thru the charts of the resulting stocks?

[IIC]

Tatnic,

I know you love charts... tell me what you think of this: (company witheld)

Let me guess...that looks like WHT

[IIC]

Tatnic's thread is rapidly becoming the most popular investment column on the internet. Way to go dude.

Heck...Even I like his thread

[peanuts]

Tatnic,

I know you love charts... tell me what you think of this: (company witheld)

[mrmarket]

Tatnic's thread is rapidly becoming the most popular investment column on the internet. Way to go dude.

anyone?

did I mention that AMSC looks good here? I don't own it currently and am trying to not get carried away by this overly optimistic market, but this chart is right where I like to see them. So it may warrant a "just in case" position.

any one get any of this? The fundamentals are meaningless...its the chart stupid.

Greenspan ain't dead

This bodes watching, ie the market's reaction.

http://biz.yahoo.com/ap/070226/hong_kong_us_greenspan.html?.v=4

What is the best way to play this bit of info? Thanks

I'd wait and see how the market reacts. There's a 3rd possibility, that nothing much will happen.

[peanuts]

MY BAD! I thought I had read last week that earnings were to be released b4 the market opened today.....that's incorrect. They're to be released after today's close, so watch the extended hours quotes to see how the numbers were taken. If the stock pops, then the numbers (ie margins) have improved and the stock could break out strongly. If not, then its more of the same.

What is the best way to play this bit of info? Thanks

...I'm guessing by the reaction this mornings after their earnings release that their margins were not marvelous. I stated months ago on another thread where this stock was being pumped and pumped some more, that the street would not push the price up until they showed marked improvements in their margins. I haven't listened to the conference call or see their numbers but the tape tells the story.

MY BAD! I thought I had read last week that earnings were to be released b4 the market opened today.....that's incorrect. They're to be released after today's close, so watch the extended hours quotes to see how the numbers were taken. If the stock pops, then the numbers (ie margins) have improved and the stock could break out strongly. If not, then its more of the same.

Mrvl

...I'm guessing by the reaction this mornings after their earnings release that their margins were not marvelous. I stated months ago on another thread where this stock was being pumped and pumped some more, that the street would not push the price up until they showed marked improvements in their margins. I haven't listened to the conference call or see their numbers but the tape tells the story.

...as soon as I posted about the sox perking up, Diod popped up on my alerts. I bought a little but I may be guilty of pushing things here. Its a breakout for sure, but if the sox do not clear 490, I'll most likely put a short leash on Diod.

the sox just could not close last week above that level of 490. Looks like more backfilling is in store.