Skiracer's stock slopes

[noshadyldy]

Thanks! For it all, Ed. And I appreciate all those that teach and guide me here. If you and misses ever get this way, I'll make dinner!

[skiracer]

Thanks for all that input, Ed. I'm taking a much closer look now. So much I don't know.

you're hanging out with some sharp people here Margie and it sounds like your doing pretty good on your own as it is. One thing you've got going for yourself and probably didn't realize how good a trait it is the ability to listen and absorb info and you're not afraid to make the play when you see something that is good. Keeping an open mind is such a great characteristic trait.

[noshadyldy]

I'm looking at the 1 year weekly chart for these stocks. I usually always go back at least 1 yr. and always at least the weekly and sometimes I will check out the monthly. I never rely on the daily for a determination or decision.

GPL: I wouldn't call that a cup base at this point although the price has crossed back above it's 20 ema. The volume so far in Sept. has been much lower than that of June, July, Aug. The late candle suggests indecision.

AUNFF: I like this chart. I would call that a double bottom. I bought this stock twice between $1 and $1.05. I own a couple thousand shares only because I see silver now making a trend upward and this stock should follow silver.

WFR: I don't like the chart and the volume has been decreasing significantly since the beginning of Aug. Not saying it couldn't make a move up but no edge in this chart for me.

KOG: In the process of making a cup base and currently riding it's 20 ema, which is a strong line of support, but I don't like the sector and I see no edge in it for me. Plus the risk vs the reward just is not there. Do you see the stock going to $11/12 range anywhere in the near or immediate future?

JOEZ: Don't like or see anything in this chart to stimulate my interests. If you want to gamble it is easier to go to the nearest casino and play roulette. At least with either the red or black your odds are alot better and higher for a chance of winning.

GDXJ: Could be a decent cup base forming since last March. Kind of pricey stock to be taking a flyer with. 1000 shares will cost you $22000 to make $2000/3000. Not the best risk vs reward numbers but I do kind of like the chart formation taking place. I still wouldn't but it.

HL: I've traded this stock a number of times and it doesn't owe me a thing. I kind of like the cup base forming but I see that you are enamored with these precious metal and mining stocks which I am not. Although in this chart I could see it moving to $6.50 / 7 range which is a much better risk vs reward scenario.

LIOX: Possible play here. But the chart suggests to me that the boat left the dock around the beginning of Aug. Maybe on a dip but not right now!

KBH: If I were going to buy a homebuilder right now or put anymore money into a building stock it would be HOV. I see no edge in this chart or stock and the r/r is not what I am looking for when I can get HOV at a bargain at this level and the r/r is much better in my estimation. Picking your spots is key.

Good luck. Never let emotion steer the boat and unless there is a "distinct and apparent visible edge" there in no reason to make the play.

Thanks for all that input, Ed. I'm taking a much closer look now. So much I don't know.

[skiracer]

Reading the paper this morning and am seeing reports that the US, China, and European economies are all slowing down at the same time. Commerce dept. reports that US construction spending, driven mostly by spending on home improvement projects, was off .9 percent in July from June. Also that the economy has suffered it's 3rd straight month of contraction in manufacturing. New orders, production, and employment all fell in August. The institute for Supply Management, a trade group of purchasing managers for manufacturers said it's index for manufacturing dropped from 46.7 to 46.6 which is the lowest reading in the past 3 years. Any reading below 50 indicates a contraction in manufacturing.

[skiracer]

HOV is not a classic cup base with a handle but it is close in most definitive respects to what it should be. It appears to be into the "breakout stage right now but the best time and the move up are past. Anywhere between $2.25/2.50 range would have been very nice. Even $2.75 would have provided a great return at this point but that's water over the dam. Right now is still decent in terms of risk vs reward and I think it moves up to the $5 range in the intermediate future which even from an entry at $3.15 level would be a nice r/r play and return on the trade.

[skiracer]

GPL on the 6 month chart, volume doubled today

Volume on HOV is more than doubled. My fingers wrapped so hard around that one that my knuckles are turning white. Thank you , Ed. Made over $2500 since I bought on your recommend on august 1.

AUNFF volume over doubled. Sold most at 1.05 gosh darn it, but will get back in fully on next pull back.

WFR volume up around 60%. Interest 6 month and 1 yr charts.

Kog 6 mo chart nice. could be another one for 20% soon.

JOEZ - two year chart is yummy!

GDXJ - 6 mo and 1 yr chart interesting. volume up 50%

HL - real nice 1 year chart

LIOX - over double volume and love the 2 year chart

KBH Volume down but look at the cup and handle on the 6 and 12 month chart!

So whadaya say guys, whadaya saaaaay?

I'm looking at the 1 year weekly chart for these stocks. I usually always go back at least 1 yr. and always at least the weekly and sometimes I will check out the monthly. I never rely on the daily for a determination or decision.

GPL: I wouldn't call that a cup base at this point although the price has crossed back above it's 20 ema. The volume so far in Sept. has been much lower than that of June, July, Aug. The late candle suggests indecision.

AUNFF: I like this chart. I would call that a double bottom. I bought this stock twice between $1 and $1.05. I own a couple thousand shares only because I see silver now making a trend upward and this stock should follow silver.

WFR: I don't like the chart and the volume has been decreasing significantly since the beginning of Aug. Not saying it couldn't make a move up but no edge in this chart for me.

KOG: In the process of making a cup base and currently riding it's 20 ema, which is a strong line of support, but I don't like the sector and I see no edge in it for me. Plus the risk vs the reward just is not there. Do you see the stock going to $11/12 range anywhere in the near or immediate future?

JOEZ: Don't like or see anything in this chart to stimulate my interests. If you want to gamble it is easier to go to the nearest casino and play roulette. At least with either the red or black your odds are alot better and higher for a chance of winning.

GDXJ: Could be a decent cup base forming since last March. Kind of pricey stock to be taking a flyer with. 1000 shares will cost you $22000 to make $2000/3000. Not the best risk vs reward numbers but I do kind of like the chart formation taking place. I still wouldn't but it.

HL: I've traded this stock a number of times and it doesn't owe me a thing. I kind of like the cup base forming but I see that you are enamored with these precious metal and mining stocks which I am not. Although in this chart I could see it moving to $6.50 / 7 range which is a much better risk vs reward scenario.

LIOX: Possible play here. But the chart suggests to me that the boat left the dock around the beginning of Aug. Maybe on a dip but not right now!

KBH: If I were going to buy a homebuilder right now or put anymore money into a building stock it would be HOV. I see no edge in this chart or stock and the r/r is not what I am looking for when I can get HOV at a bargain at this level and the r/r is much better in my estimation. Picking your spots is key.

Good luck. Never let emotion steer the boat and unless there is a "distinct and apparent visible edge" there in no reason to make the play.

[skiracer]

Volume on HOV is more than doubled. My fingers wrapped so hard around that one that my knuckles are turning white. Thank you , Ed. Made over $2500 since I bought on your recommend on august 1.

Don't hurt yourself with that grip! Be sure to "hold on" because we are going to see at least $5 with this one.

[skiracer]

GPL on the 6 month chart, volume doubled today

Volume on HOV is more than doubled. My fingers wrapped so hard around that one that my knuckles are turning white. Thank you , Ed. Made over $2500 since I bought on your recommend on august 1.

AUNFF volume over doubled. Sold most at 1.05 gosh darn it, but will get back in fully on next pull back.

WFR volume up around 60%. Interest 6 month and 1 yr charts.

Kog 6 mo chart nice. could be another one for 20% soon.

JOEZ - two year chart is yummy!

GDXJ - 6 mo and 1 yr chart interesting. volume up 50%

HL - real nice 1 year chart

LIOX - over double volume and love the 2 year chart

KBH Volume down but look at the cup and handle on the 6 and 12 month chart!

So whadaya say guys, whadaya saaaaay?

Exciting to see you doing so well Margie. I'm going to take a good look at all of these stocks between tonight and tomorrow sometime. In the meantime I am glued to my latest Kindle book, "No Easy Day" just arrived late this afternoon. This is the one written by the former Navy Seal and Part of Seal Team 6, the ones that took out Bin Laden. My heart is pounding!

[noshadyldy]

bowl$

GPL on the 6 month chart, volume doubled today

Volume on HOV is more than doubled. My fingers wrapped so hard around that one that my knuckles are turning white. Thank you , Ed. Made over $2500 since I bought on your recommend on august 1.

AUNFF volume over doubled. Sold most at 1.05 gosh darn it, but will get back in fully on next pull back.

WFR volume up around 60%. Interest 6 month and 1 yr charts.

Kog 6 mo chart nice. could be another one for 20% soon.

JOEZ - two year chart is yummy!

GDXJ - 6 mo and 1 yr chart interesting. volume up 50%

HL - real nice 1 year chart

LIOX - over double volume and love the 2 year chart

KBH Volume down but look at the cup and handle on the 6 and 12 month chart!

So whadaya say guys, whadaya saaaaay?

[noshadyldy]

Vrx

While I'm interested in KOG, the one I meant to show you when it came to a nice bowl on 6 month chart was VRX. This is the one for a 20% gain.

Well that was a fast almost 18% gain.
That bowl was ripe! I posted that 8/29. today it went up almost 18% in one day!

[skiracer]

Sold HOV @ $3.12

hags

Nice trade Hags. Kind of wish you would have held on longer though. I think it goes to $5 or higher
before to long.

[hags]

HOV ask $1.81, RIC ask $5.55....see what happens...

Still watching ROST...

hags

Sold HOV @ $3.12

hags

[noshadyldy]

info on KOG, one of my mentions.

http://www.stockstobuy.org/forum/topics/kodiak-oil-gas-kog-stock-analysis-september-2012

[noshadyldy]

Noshady, I also sold DDD too soon. Made about 3 points. Phoenix' THLD looks like a bowl to me but a little choppy. It's at the top of many relative strength lists.

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

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

Thanks Billy.

[billyjoe]

Noshady, I also sold DDD too soon. Made about 3 points. Phoenix' THLD looks like a bowl to me but a little choppy. It's at the top of many relative strength lists.

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

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