Cup w/ Handles

[IIC]

Here's another right side cup forming:

[IIC]

And another:

[IIC]

And 2 more:

http://stockcharts.com/charts/candleglance.php?MELI,EQIX|D|A10,20,5

[IIC]

Please take a look at this week's Cups w/ Handles at http://SharpTraders.com

Thanks, Doug(IIC)

[IIC]

Not much on the earnings side...Revenues increasing nicely...Sorta like the more you sell the more you lose...Institutions seem to be noticing a little bit...Possible Swing Trade idea

[IIC]

Not much on the earnings side...Revenues increasing nicely...Sorta like the more you sell the more you lose...Institutions seem to be noticing a little bit...Possible Swing Trade idea

[IIC]

Adding CEL to this week's Cup w/ Handles list...F/P is 34.00

[IIC]

[IIC]

This week's Cups w/ Handles and Patterns of Interest are updated at http://sharptraders.com

I also added 10 new links on my USEFUL LINKS page.

Please take a look.

Thanks, Doug(IIC)

[billyjoe]

CEL--from gap 4-15 4-17
Buy Zone 31.45--32.42
Target----37.80

OSTK--from gap 4-18
Buy Zone 17.05--18.56
Target----26.93

----------billy

[skiracer]

CEL--from gap 4-15 4-17
Buy Zone 31.45--32.42
Target----37.80

OSTK--from gap 4-18
Buy Zone 17.05--18.56
Target----26.93

----------billy

Billyjoe,
have you traded any of these gapfibs you've been posting for any gains? just curious if you have been trading any of these setups? some of the last 50 or so that you have posted look decent regarding the gapfib setups. like any setup you have to pick the right ones. have you traded any of the right ones yet?

[billyjoe]

Ski,
The 2 best I own right now would be RIMM and SID, both could possibly reach targets soon. As you know SAPE didn't make it and I sold to concentrate on better setups. Also my daughter owns NYX which hit goal last week. The more I get into this the more I'll be trading.

----------------billy

[skiracer]

Ski,
The 2 best I own right now would be RIMM and SID, both could possibly reach targets soon. As you know SAPE didn't make it and I sold to concentrate on better setups. Also my daughter owns NYX which hit goal last week. The more I get into this the more I'll be trading.

----------------billy

was just curious if you were trading any of the gapfib setups. what was the % loss on SAPE. glad to see that you have enough confidence to trade them. now you have to get used to bailing at a reasonable stop loss if they go that way. good luck.

[billyjoe]

Ski,
I did sell SAPE for a little under 7% loss , but I bought a little above the buy zone. In pre-market RIMM is over the target at 136+ so may be selling it today. Freeing up $$$ for buying more setups.

--------------billy

[IIC]

MPWR bounced off the 20 ema the other day...looks good in the Pivot window...Flash Point is 24.39 on the CwH