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Showing posts with label breakout. Show all posts
Showing posts with label breakout. Show all posts

Wednesday, January 6, 2010

Well, it is a little embarrassing that after only a couple of days I find that I'm already skimping on my research, but I'm just not feeling up to it this week. I did want to note though, that several of the breakouts have occurred, and I did have a trade trigger to that added CLNE to my portfolio. Unfortunately, I didn't set the second trigger properly, so I did not get the sale of half the position when it made it's target the following day.

I also want to note that POT, PCU, and RGNC are all on the precipice of breakouts, and I have set triggers for them as well.

RGNC
BREAKOUT
WATCH for possible breakout above 21.64, no resistance in area just above.

Type: Continuation breakout from single resistance.

Target: 24.07, 13.4% Stop: 20.51, Loss: 3.4%, Profit/Loss ratio: 3.9 : 1 - Excellent

Breakouts are an exception to the normal indicators which can at the same time indicate bearishness.


POT

BREAKOUT
WATCH for possible breakout above 123.79, no resistance in area just above.

Type: True breakout from double resistance.

Target: 137.7, 11.9% Stop: 117.3, Loss: 4.6%, Profit/Loss ratio: 2.6 : 1 - Good

Breakouts are an exception to the normal indicators which can at the same time indicate bearishness.



PCU

BREAKOUT
WATCH for possible breakout above 36.46, no resistance in area just above.

Type: True breakout from triple resistance.

Target: 40.55, 13% Stop: 34.26, Loss: 4.6%, Profit/Loss ratio: 2.8 : 1 - Good

As you can see, all three will give us double digit profits if they breakout, make targets, and we get in and out correctly. CLNE would have netted me an 11% profit in one day if the trade trigger had been set correctly. I have reset the trigger, and am hopeful that it will retrace it's way up again tomorrow. The chart is still looking positive, and it is approaching the natural gas season, so I am hoping for a reprieve on my error.

Always perform your own due diligence before making any investment.

Monday, January 4, 2010

Seasonal Research 01/04/2010

BREAKOUT CONFIRMED

UP

EPB ... 26.41 target 27.98

WMZ ... 24.01 target 25.5

Breakout Watches

UP

SEP ... 30.09 target 31.69

BWP .. 30.80 target 32.49

CLNE ... 16.40 target 18.24

CPNO ... 24.87 target 27.77

DEP ... 24.27 target 25.73

DPM ... 30.25 target 33.13

MWE ... 30.38 target 33.90

RGNC ... 21.48 target 23.88

SUG ... 23.45 target 25.76

WES
... 19.84 target 20.97

DOWN

EGAS ... 10.14 target 9.63



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Always perform your own due diligence before making any investment.

Friday, January 1, 2010

Seasonal Research 01/01/2010

Current seasonal research is for Natural Gas companies. Season starts the beginning of February and ends the beginning of June.

Breakout Watches

UP

EPB... 26.41 target 27.95 (note chart is incorrect re: BO and TARGET for this stock)

SEP ... 30.09 target 31.68

WMZ ...24.01 target 25.42

BWP ... 30.79 target 32.48

CPNO ... 24.62 target 27.49

DEP ... 24.37 target 26.26

DPM ... 29.98 target 32.81

MWE ... 30.33 target 33.81

RGNC ... 21.38 target 23.88

SUG ... 23.40 target 25.69

WES ... 19.84 target 20.97

DOWN

EPB ... 25.71 target 24.17
(note chart is incorrect re: BO and TARGET for this stock)



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Always perform your own due diligence before making any investment.

Daily Research 01/02/2010

Breakout Watches

UP

GOOG
... 631.41 target 674.50

V ... 89.50 target 95.14

DOWN

V ... 86.25 target 81.31

Option Watches

V Calls


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Always perform your own due diligence before making any investment.

Wednesday, July 16, 2008

Seasonal Research 7/16/08

Breakout Watches

Up

AZK . . . 5.30 target 7.40
NFG . . . 58.45 target 63.35

GILD earnings after market close tomorrow.

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Always perform your own due diligence before making any investment.

Wednesday, July 2, 2008

Daily Research 7/2/08

Breakout Watches

Up

V . . . . . . . . . 82.53 target 94.77

Down

GOOG . . . . .535.00 target 470.00 confirmed
GS . . . . . . . .161.21 target 119.00
RIMM. . . . . 125.00 target 112.73 confirmed
SOLF . . . . . 19.42 target 9.67 confirmed
V . . . . . . . . . 77.59 target 65.30
QQQQ . . . . 47.82 target 45.00 confirmed target met


I wont be picking up any new positions tomorrow. Remember the trading day ends at 1:00 pm Eastern, and the market is closed on Friday.

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Always perform your own due diligence before making any investment.

Tuesday, July 1, 2008

Daily Research 7/1/08

Breakout Watches

Up

FWLT . . . . .75.00 target 83
V . . . . . . . . . 82.53 target 94.77
GSI . . . . . . .12.75 target 17.50 confirmed

Down

FWLT . . . . .71.30 target 63.00
GOOG . . . . .535.00 target 470.00 confirmed
GS . . . . . . . .161.21 target 119.00
RIMM. . . . . 125.00 target 112.73 confirmed
SOLF . . . . . 19.42 target 9.67 confirmed
V . . . . . . . . . 77.59 target 65.30
QQQQ . . . . 47.82 target 45.00 confirmed


Option Watches

SOLF puts
JRCC calls
QID calls
USO calls


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Always perform your own due diligence before making any investment.

Saturday, June 28, 2008

Seasonal Research 6/27/08

Breakout Watches

Up

ILMN. . . . 80.00 Target 108.00 confirmed
KGC . . . . 22.00 Target 26.00 confirmed
GG. . . . . . 46.25 Target 58.00 confirmed
AZK . . . . 5.30 Target 7.40
NFG . . . . 59.00 Target 63.71


Down

BMRN 31.00 Target 21.00 confirmed
GILD . . . . 56.96 Target 60.00 52.50


Option Watches

ILMN call
KGC call
GG call
BMRN put
GILD put

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Always perform your own due diligence before making any investment.

Daily Research 6/27/08

Breakout Watches

Up

DRYS . . . . . 87.76 target 95.91
FWLT . . . . .75.00 target 83
TRA . . . . . . 46.50 target 62.00 confirmed
V . . . . . . . . . 88.02 target 103.00
GOT . . . . . . 2.25 target 3.40 confirmed

Down

FWLT . . . . .71.30 target 63.00
GOOG . . . . .535.00 target 470.00 confirmed
GS . . . . . . . .161.21 target 119.00
RIMM. . . . . 125.00 target 112.73 confirmed
SOLF . . . . . 19.42 target 9.67 confirmed
V . . . . . . . . . 77.50 target 65.00
JRCC . . . . . 49.54 target 37.83
QQQQ . . . . 47.82 target 45.00 confirmed


Option Watches

DRYS calls
GOOG puts
GS puts
POT calls
SOLF puts
AUY calls
QID calls
USO calls


CLICK ON IMAGE TO ENLARGE



Always perform your own due diligence before making any investment.

Thursday, June 26, 2008

Daily Research 6/26/08

Up

DRYS . . . . . 87.55 Target 97.24
ENER . . . . .84.09 Target 90.00
JRCC . . . . . 62.85 Target 70.00
GOT . . . . . . 2.25 Target 3.40 confirmed

Down

FWLT
. . . . . . 71.30 Target 63.00 confirmed
GOOG . . . .535 Target 470 confirmed
RIMM . . . . 125 Target 112 confirmed
V . . . . . . . . . 80 Target 67.70 confirmed
QQQQ . . . . 47.82 Target 44.85 confirmed

Option Watches

ENER call
GOOG put
RIMM put
FWLT put
QID call
QQQQ put
AUY call


CLICK ON IMAGE TO ENLARGE



Always perform your own due diligence before making any investment.

Wednesday, June 25, 2008

Seasonal Research 6/25/08

Breakout Watches

Up

ILMN . . . . 86.00 Target 95.00
GILD . . . . 56.96 Target 60.00
KGC . . . . 22.00 Target 26.00
AZK . . . . 5.30 Target 7.40
EGN . . . . 80.00 Target 90.00
LG . . . . . 41.55 Target 45.00
NFG . . . . 59.00 Target 63.71


Down

BMRN 31.00 Target 21.00

Option Watches

ILMN call
BMRN put
GG call
LG call



CLICK ON IMAGE TO ENLARGE



Always perform your own due diligence before making any investment.

Daily Research 6/25/08

Breakout Watches

Up

ENER . . . . .84.06 Target 90.00
GOOG . . . . 580 Target 645
POT . . . . . . 231 Target 241
GOT . . . . . . 2.25 Target 3.40 confirmed

Down

GOOG . . . .535 Target 470
RIMM . . . . 125 Target 112
AAPL . . . . . 171.64 Target 150


Option Watches

ENER call
PCU call
QQQQ put

CLICK ON IMAGE TO ENLARGE



Always perform your own due diligence before making any investment.

Tuesday, June 24, 2008

Seasonal Research 6/24/08

Breakout Watches

Up

ILMN . . . . 85.02 Target 91.24
EGN . . . . . 77.51 Target 82.03



CLICK ON IMAGE TO ENLARGE



Always perform your own due diligence before making any investment.

Monday, June 23, 2008

Seasonal Research 6/23/08

Breakout Watches

Up

ILMN . . . . . 85.07 Target 91.55
GILD . . . . . .55.87 Target 58.93
LG . . . . . . . . 44.18 Target 43.26


Option Watches

ILMN calls
BMRN puts
GILD calls
EGN calls
LG calls


Possible Chart Patterns Forming

AZK symmetrical triangle
BMRN Triple top break down?
EGN cup and handle?
GG triple top
GILD 3 rising valleys
ILMN Breakout from Ascending Triangle
KGC Double Bottom


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Always perform your own due diligence before making any investment.

Daily Research 6/23/08

Breakout Watches

Up

POT . . . . . 242.92 Target 269.00
RIMM . . . .148.30 Target 163.90
TRA . . . . . .56.20 Target 63.30
ENER . . . . .80.03 Target 92.16 confirmed
JRCC . . . . . 64.28 Target 83.54 High Volume Alert

Down

ABK . . . . . . 1.68 Target .21

Option Watches

FWLT calls
PCU calls
GOOG calls/puts
POT calls
RIMM calls
TRA calls
ENER calls
QQQQ puts
JRCC calls
AAPL puts


Possible Chart Patterns Forming

QQQQ double top confirmed
PCU break out from down trend
AAPL possible double top
GOOG symmetrical triangle
TRA break out from symmetrical triangle

CLICK ON IMAGE TO ENLARGE



Always perform your own due diligence before making any investment.

Friday, June 20, 2008

Daily Research 6/20/08

Breakout Watches

Up

RIMM . . . .148.27 Target 164.00
TRA . . . . . .56.21 Target 63.31
ENER . . . . .80.00 Target 91.98
JRCC . . . . . 62.46 Target 80.93 High Volume Alert

Down

ABK . . . . . . 1.70 Target .53

Option Watches

PCU call
RIMM call earnings released in June
QQQQ call/put
TRA call/put
GOOG
call/put
AAPL call/put
ENER call
FWLT call
JRCC call High Volume Alert


Possible Chart Patterns Forming

PCU: Broke out of downward trading channel temporarily but closed in channel. Needs to break and hold 110 to start upward trend. *PCU 3 to 1 split record date June 30th.

FWLT: close below 71.33 would reconfirm double top.

GOOG: Tested and closed at lower support of symmetrical triangle pattern.

TRA: Toppy? Needs to break back over $55.00 to resume upward trend.

HTE: Threw back and broke downward from symmetrical triangle. Downside target 22.38. I will start looking to add shares under 22.50. Great dividend stock, pays monthly. Next record date June 23, 2008.

QQQQ: Closed below the 47.82 double top confirmation line for a second time. If it continues the downward trend (I'm still not convinced yet) think QID.


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Always perform your own due diligence before making any investment.

Wednesday, June 18, 2008

Daily Research 6/18/08

Breakout Watches

Up

POT . . . . . .243.62 Target 269.80
RIMM . . . .146.13 Target 162.10
TRA . . . . . .56.29 Target 63.50
ENER . . . . .77.46 Target 88.46 High Volume Alert
HTE . . . . . . 25.86 Target 27.60
PCX . . . . . . 159.48 Target 186.40 confirmed High Volume Alert

Down

ABK . . . . . . 1.69 Target .53
NOC . . . . . .69.21 Target 66.54 High Volume Alert

Option Watches

PCU call/put
RIMM call earnings released in June
QQQQ call/put
TRA call
POT call
ENER call High Volume Alert
JRCC call High Volume Alert
PCX put High Volume Alert


Possible Chart Patterns Forming

QQQQ double top almost confirmed today.



CLICK ON IMAGE TO ENLARGE



Always perform your own due diligence before making any investment.

Tuesday, June 17, 2008

Daily Research ~ 6/17/08

Breakout Watches

Up

RIMM . . . .143.86 Target 160.12
ENER . . . . .78.95 Target 90.30 High Volume Alert
HTE . . . . . . 25.85 Target 27.59
PCX . . . . . . 159.24 Target 185.10 High Volume Alert

Down

ABK . . . . . . 1.71 Target .56


Round Trip Watches

PCU call/put
DRYS call High Volume Alert
GS put High Volume Alert
RIMM call/put earnings released in June
QQQQ call
TRA call
AAPL call
POT call
PCX put High Volume Alert

Possible Chart Patterns Forming

This newly added section is for possible patterns that I see while looking at the charts each day. Since I have not studied all of these formations, they could be misidentified. As time permits I will be using them as case studies as I am doing with FWLT and AAPL for learning the double top using Encyclopedia of Chart Patterns.

V: Triple top forming?

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Always perform your own due diligence before making any investment.

Monday, June 16, 2008

Daily Research 6/16/08

Breakout Watches

Up

POT . . . . . 229.11 Target 253.20 confirmed
RIMM . . . .143.73 Target 159.20
TRA . . . . . .51.53 Target 58.23 confirmed
JRCC . . . . . 49.34 Target 62.30 confirmed High Volume Alert


Round Trip Watches

PCU call/put
GS call/put earnings 6/17/08 before market open
RIMM call/put earnings released in June
QQQQ call
TRA call
FWLT call double top busted
AAPL call
POT call


Possible Chart Patterns Forming

This newly added section is for possible patterns that I see while looking at the charts each day. Since I have not studied all of these formations, they could be misidentified. As time permits I will be using them as case studies as I am doing with FWLT and AAPL for learning the double top using Encyclopedia of Chart Patterns.

POT: 3 rising valley
FWLT: busted double top
SOLF: scallops ascending?
GOOG: symmetrical triangle
RIMM: busted double top?
V: symmetrical triangle
TRA: break up from symmetrical triangle
ENER: forming 3 rising valley?
HTE: break up from symmetrical triangle
NOC: scallops descending
JASO: double top reversing?
QQQQ: busted double top?
AUY: down trending channel
GOT
: descending triangle
AAPL: failed double top
ABK: Bump and run reversal bottoms.

CLICK ON IMAGE TO ENLARGE



Always perform your own due diligence before making any investment.

Saturday, June 14, 2008

Daily Research 6/14/08

Breakout Watches

Up

POT . . . . . 229.04 Target 252.70
PCX . . . . . . 143.65 Target 166.90 confirmed
ENER . . . . 66.46 Target 75.23 confirmed High Volume Alert
JRCC . . . . . 49.34 Target 62.30
TRA . . . . . .51.55 Target 58.35

Down

ABK . . . . . 1.75 Target 0.59


Round Trip Watches

PCU call
GS call earnings released in June
RIMM call earnings released in June
ENER call
QQQQ call
JRCC call
TRA call
FWLT call double top busted
PCX call
AAPL call
POT call
SOLF call

Possible Chart Patterns Forming

This newly added section is for possible patterns that I see while looking at the charts each day. Since I have not studied all of these formations, they could be misidentified. As time permits I will be using them as case studies as I am doing with FWLT and AAPL for learning the double top using Encyclopedia of Chart Patterns.

POT: 3 rising valley, symmetrical triangle
SOLF: 3 rising valley
GOOG: symmetrical triangle
HTE: symmetrical triangle



CLICK ON IMAGE TO ENLARGE

Always perform your own due diligence before making any investment.