Good Lookin' Charts

[billyjoe]

This chart is from FINVIZ.com. Can I post it if I give them credit?

http://finviz.com/quote.ashx?t=tat

----------billy

[billyjoe]

freestockcharts.com is the most complicated site I've ever seen . It drives me crazy. The same chart has been on there for 6 months and I can't change it. I hate computers!

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

[billyjoe]

I like TAT

----billy

[billyjoe]

DMK,
Check out 6 month charts for 2 of my uptrenders from Friday, MTG and PMI.

----------billy

[dmk112]

Dmk,
KLIC looks good to me. What do you think?

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

Not bad Billy, I must say it does look like a late stage b/o candidate at this point. I love that double bottom in 2009. I think it's bullish, but I would keep a tight leash on it, probably under the 50 dma.

[billyjoe]

Dmk,
KLIC looks good to me. What do you think?

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

[dmk112]

Stopped out of NVAX... still has potential but looks that it wants lower.

arrrrrggggghhhhhhhhhh

[dmk112]

Stopped out of NVAX... still has potential but looks that it wants lower.

[dmk112]

Nice going dmk. I also sold RINO for a small profit, but too soon.

Thanks River

[riverbabe]

Sold RINO today for a nice profit.

Nice going dmk. I also sold RINO for a small profit, but too soon.

[dmk112]

No pick this week, away traveling in MD.

RINO looking good for a continuation move but NVAX not so good.

Sold RINO today for a nice profit.

[dmk112]

No pick this week, away traveling in MD.

RINO looking good for a continuation move but NVAX not so good.

[dmk112]

If you missed the initial entry (like me), this may be another opp to get on the train.

[dmk112]

Nvax

What a week....VIX got hammered as expected and it will be definitely be an interesting week. I expect some weakness though.

Bagged a nice 20%+ on RINO which was last week's pick. I was scanning for the past few hours and nothing was really jumping out on me (out of a few hundred stocks). Many were already extended during last week's move. I sorted my scan by a % of 52 week high which showed me some stocks that have been beat up (this is how I found ZLC which had a nice week last week as well).

This week stock is similar to ZLC in that it's a cheapie. A bit more risky but this is a potential double bagger.

The pick is NVAX. I've owned this one in the past and lost money on it so let' see if I can do better this time around.

The weekly is showing a nice bullish divergence on the MACD and stochastics are turning up. BULLISH!



The daily also looks quite good with the move already on it's way but not too far off the base. The lower low has been put in place. Notice that the 50 dma has been giving it trouble 2x before. This will have to be the initial target for this one. With a 3rd test of the dma coming, I think it will break to the upside but you never know, then $3.0 will give it some resistance. 2nd target is for a double which is 4.75. Stops around $2ish.



Now the hourly for the entry... Looks like it's ready to take off... there my be some resistance around $2.40 so you can try to get it around $2.30 as a pull back entry but it may get away from you if you wait. Double edge sword of waiting for a pullback... it may never come.

[dmk112]

do you own it dmk? up against some strong resistance on the daily right now with the two moving averages right above it. if it breaks thru those and holds it could see $35. but the last time it tried it fell back.

No Ski... I was caught up with other trades and didn't have enough capital for this one.