Posted by 19 August 2008

5 Charts to Watch

Here are some of the better looking swing trade setups I found going through my scans last night. They all happen to be shorts this time. My entry & exit rules are the same as always. Note: Whenever I post swing trade candidates I always get asked if I’ve gone back to swing trading. I [...]

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Posted by 18 May 2008

Delusional Technical Analysis

It’s rare that a week passes that I don’t see what I consider to be an improperly drawn trendline. Even the example chart on the wikipedia page for ‘trend lines’ makes my skin crawl. (One of these days I’m going to try to edit that page and post a better chart.) I’ve posted the rules [...]

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Posted by 1 October 2007

Chart Request: Interactive Brokers Group

Here’s a chart of Interactive Brokers Group, Inc. (IBKR) for Matt: As I’ve mentioned several times over the years, I love to catch recent IPOs once they hit new highs after basing for a few/several months. IBKR appears to still be working off the post-IPO hangover. The chart shows a lot of pain for early [...]

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Posted by 30 July 2007

Some Charts I’m Watching

As I type this we’re set for a bounce this morning. Many traders would prefer to see a weak morning followed by a strong close in order to hopefully flush out the last of the sellers. It doesn’t seem like that going to happen today. Anyway, here are some charts I’ll be watching closely over [...]

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Posted by 26 July 2007

July 26th Recap: Technical Damage on Record Volume

OK, you folks know how this goes: another one of *those* days with every sector and index down all-time record volume on the downside vs. lower volume rallies moving averages broken all over the place March trendlines broken again subprime & credit woes financials looking like death T2108 under 20 (closed at 18.86) my blog [...]

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