MTM's Charts to watch

[mtm]

Some people wanted us to to start a new thread, so here is my attempt.

We will post ideas for plays in here, but that is all the are !!!Ideas!!!

You must do you own DD because we are 99% technicians.

The odds of us posting everyday are very unlikely for we have our hands full on maintaining another site.

Here is what we will try to do:

• Provide 2 to 4 chart ideas a week. (Short and Long)
• Check this thread periodically to answer any questions (no promises)
• Try and update on any changes we may have for these ideas.

We won't tell you exactly when to get in and out. Use your trading style, targets, stops and whatever suits your trading or risk/rewards scenarios.

We basically just offering up some ideas since we have our scanning of 10,000 stocks down to a science. JMHO



Good luck all and ALWAYS USE STOPS!

[mtm]

PRGS

Long Play

Wide range bar up with 2x the average daily volume, near its 52 week high. Just had a bullish crosover on the MACD and the RSI is kind of tricky on the one due to the gap up 2 months ago. So lets stick with the MACD on this one. (using (26,12,9) for the MACD)

Stop of 26.35 with a high target of $30.50

[mtm]

SYMC

LONG Play:

Made a double bottom now attempting to break up through it short-term downtrend line.

Stop of 17.74 with a target of $21.90 The chart also is showing great releitive strength.

P.S. This stock was way overdone to the down side!

[mtm]

DIOD

Wide range bar up on 4x the average daily volume volume to a new 52 week high. Targets of $34 to $36 with a stop of $29.28

[mtm]

ENWV

Rounding top with negative divergence (magenta line) on the RSI. Short target of 27.63 with a stop over the high of 32.50.

[IIC]

MTM...I cannot see the charts...all I see are red X's

[mtm]

I don't understand how that keeps happening because I have had no issues at all seeing them on here. Maybe MrMarket could look into why this is happening?

You can also see them on my stock's to watch list on my board here.

[noshadyldy]

charts

the charts are visible on my screen. IIC, maybe you need to dump some cache, cookies, or superfluous files.

[mtm]

Just a little take on where the S&P lies at the moment. Upside volume is still a joke, so don't start getting all bullish because of today. We want to see heavy upside volume!!!

Lets see what the CPI and PPI tells us this week.

We are still in this range unable to establish a trend yet.

[Websman]

MTM...I cannot see the charts...all I see are red X's

Same here...all X's.

[dmk112]

Red x's on mine too

[dmk112]

MTM, what format are the pictures?

[mtm]

I am not sure what to say about the x's some can see and some cannot. So it must be something with your pc or something with the board here.

Sorry!

[mtm]

They are PNG and GIF format.

[skiracer]

MTM,
Do they work with image shack? Can you use JPEG? Then you could use image shack.