JA Solar has been on a tear of recent weeks, racking up a gain of almost 125% in just 5 months time. Despite being initially stopped out of our trade in August 2009, JASO has continued to trade higher to…
Targets Raised For Melco Crown Entertainment
In the past few days, MPEL has received many new price targets and performance ratings from Wells Fargo, Morgan Stanley Deutshe Bank, Citigroup and Daiwa. Also, the price target that ssttrader issued on May 25, 2010 was almost hit on…
DryShips Inc. Price Motion Could Be Turning Bullish
DryShips Inc. is up 22% in the past two trading days. DRYS has been volatile in the past and traders are looking for more of that to finally continue. 83% off its low in March of 08′ DRYS is still…
Melco Crown Entertainment Trending Higher
MPEL is showing an interesting chart right now. The technical analysis using Elliott Waves has been dead on from the 3.26 low, to the 5.68 high in December 09′ to April 10′ respectively. This calculates an exact wave 3 price…
DryShips Technical Price Targets
After our sell stop signal on DRYS it became overly clear that the market and stock sentiment was not going to allow for the correction expected and the short term uptrend price targets set. There is a way to calculate…
The Technicals May Reflect Positively For Canadian Solar (CSIQ)
Canadian Solar has made a sharp correction in 2010 from a high of 33.68 to a low of 9.25 so far. This trading low could be very significant to a continuation of the trend higher. We outlined this trading level…
Trade Signal WATG_052710
Buy trading signal triggered on WATG on May 27, 2010**. WATG- Buy signal triggered on WATG on May 27, 2010* Trading signal for daily price bars Buy price: $8.25 Sell stop price: $7.34 LEVEL HIT – June 7, 2010 Short…
Trade Signal LEAP_052710
Buy trading signal triggered on LEAP on May 27, 2010**. LEAP- Buy signal triggered on LEAP on May 27, 2010* Trading signal for daily price bars Buy price: $16.45 Sell stop price: $15.34 LEVEL HIT – June 1, 2010 Short…
Trade Signal MPEL_052510
Buy trading signal triggered on MPEL on May 25, 2010**. MPEL- Buy signal triggered on MPEL on May 25, 2010* Trading signal for daily price bars Buy price: $3.55 Sell stop price: $3.25 Short term profit level: $5.40 LEVEL HIT…
Trade Signal EXM_052510
Buy trading signal triggered on EXM on May 25, 2010**. EXM- Buy signal triggered on EXM on May 25, 2010* Trading signal for daily price bars Buy price: $5.22 Sell stop price: $4.82 LEVEL HIT – July 7, 2010 Short…
Trading Analysis For Leap Wireless (LEAP) Trading Patterns
We looked at an EK daily price bar chart the other day to analyze how its trading time frame appeared to be developing relative to the macd readings. Looking at this Leap Wireless (LEAP) chart below it appears that a…
Short term trading gains will likely be tested in dry shippers
Last week the trading of EXM and DRYS was on the watch list for potential bottoming process in play. EXM has continued to show volatile strength to the upside while DRYS has shown some signs of its volatile downside beginning…
Analyzing Trading Time Frame In Eastman Kodak – EK
This will be an information rich post for anyone who gets lost in the wave counts from time to time, myself included. Time frame is the most elemental key to using Elliott Waves and also maybe the most difficult part…
Excel Maritime Carriers took the plunge
With EXM recently on the radar for successful trading signals and DRYS doing nothing to excite a long position, todays trading action in EXM could be exactly what DRYS needs. The chart was exciting to see develop and if it…
The May 6, 2010 market error
The statement “market error” is possible, but largely impossible. At times errors occur, they are rare but obvious, like in many individual stocks on May 6, 2010. But the “market error” speculated to have been made by reaching the indices…
Where greed is lying in the markets
News as a business will seek out what is desirable and what is selling to audiences to remain profitable. Sometimes that audience is the market participants or traders, other times it is so called “Main Street.” Which I happen to…
Trade Signal DRYS_042810
Buy trading signal triggered on DRYS on April 28, 2010**. DRYS- Buy signal triggered on DRYS on April 28, 2010* Trading signal for 30 minute price bars Buy price: $5.88 Sell stop price: $5.30 LEVEL HIT – May 6, 2010…
Shipping stocks could be positioned for a big swing
While some may be wondering why the market is still headed higher or when a correction will come, why think any harder when looking for the next catalyst. Just pick a sector that hasn’t moved yet, make up some projections…
Trade Signal EXM_033110
Buy trading signal triggered on EXM on March 31, 2010**. EXM- Buy signal triggered on EXM on arch 31, 2010* Trading signal for daily price bars Buy price: $6.05 Sell stop price: $5.80 Short term profit level: $6.46 LEVEL HIT…
Trading MetroPCS For The Next Breakout
Lets revisit the trading pattern that we anticipated in MetroPCS a few weeks ago. We first analyzed the trading action to be forming a triangle and projected trading to reach a final retracement of 6.27 before moving higher. We can…
FHCO May Be Trading To New Highs Or New Lows
The Female Health Company just hit a short term trading level we set last September 2009. When we first entered the trade our sell stop level was triggered quickly in a few days before FHCO made a sharp move lower,…
MetroPCS Communications Making An Orderly Correction
PCS has been on our trading radar, and so far the calculations have been looking great. The usual bad news has been insignificant to our projection and as usual, just prior to latest move higher, there were reports speculating the…
Trade Signal EXM_022410
Buy trading signal triggered on EXM on February 24, 2010**. EXM- Buy signal triggered on EXM on February 24, 2010* Trading signal for daily price bars Buy price: $5.22 Sell stop price: $4.80 Short term profit level: $6.20 LEVEL HIT…
EK-Eastman Kodak Company Could Correct Further After Recent Move Higher
We looked at EK a while back for a turn higher. After slow sideways trading EK’s last move higher created quite a pop and caused some news flow. The latest move started from 3.26 and reached close to the previous…
Trade Signal MPEL_020310
Buy trading signal triggered on MPEL on February 03, 2010**. MPEL- Buy signal triggered on MPEL on February 03, 2010* Trading signal for 5 minute price bars Buy price: $3.70 Sell stop price: $3.24 Short term profit level: $4.65 LEVEL…