Buy trading signal triggered on TM on February 03, 2010**. TM- Buy signal triggered on TM on February 03, 2010* Trading signal for 1 minute price bars Buy price: $72.30 Sell stop price: $71.89 LEVEL HIT – February 4, 2010…
Trade Signal EXM_020110
Buy trading signal triggered on EXM on February 01, 2010**. EXM- Buy signal triggered on EXM on February 01, 2010* Trading signal for 60 minute price bars Buy price: $5.96 Sell stop price: $5.70 LEVEL HIT – February 4, 2010…
Trade Signal LEAP_020110
Buy trading signal triggered on LEAP on February 01, 2010**. LEAP- Buy signal triggered on LEAP on February 01, 2010* Trading signal for 60 minute price bars Buy price: $13.40 Sell stop price: $12.82 Short term profit level: $16.38 LEVEL…
Trade Signal PCS_020110
Buy trading signal triggered on PCS on February 01, 2010**. PCS- Buy signal triggered on PCS on February 01, 2010* Trading signal for 60 minute price bars Buy price: $5.66 Sell stop price: $5.50 Short term profit level: $6.63 LEVEL…
Excel Maritime Carriers Ltd. shows possible trading opportunity
This morning EXM traded to a targeted trading level. On a long term chart EXM has traded from 3.00 to 11.70. A 62% Fibonacci retracement of this move would be 6.30. EXM has traded to 6.23 so far today. The…
MetroPCS Communications trading towards 52 week low
Last week MetroPCS seemed to be trading sideways in a B wave triangle, it’s obviously not trading sideways any longer. When will the turn come? We targeted the 5.96 level as support. Today’s trading supported that level so far and…
Leap Wireless Merger Talks Just Old News
As a technical trader it humors me to read between the lines at times, those lines being candlesticks, and entertain the idea that somehow for the average trader news can come before price motion. While I’m sure that sometimes it…
MetroPCS Falling Again But Is It Trading Like A Looser?
Where Is MetroPCS Trading? MetroPCS along with many other telecoms has made great moves the past two months. PCS in particular has been in a corrective wave as of late and it’s worth taking a look at to find out…
ZSL – Is It Ready To Trade Higher Again As It Approaches Its 52 Week Low Support Level?
We tried jumping into ZSL this past September as gold and silver seemed to be getting ahead of themselves. Gold and Silver both continued higher and our stops kicked in. ZSL drifted lower to 3.66 on December 2, 2009. Since…
Leap Wireless Shares Trading Within The Technicals
LEAP has been trading nicely within a Elliott Wave pattern. The potential trade setup to watch is the completion of a wave 3 off the 11.98 trading low. This profit level would be about 21.25. There is a trading signal…
Trade Signal LEAP_010610
Buy trading signal triggered on LEAP on January 06, 2010**. LEAP- Buy signal triggered on LEAP on January 06, 2010* Trading signal for 3 minute price bars Buy price: $16.28 Sell stop price: $16.23 LEVEL HIT – January 8, 2010…
Trade Signal CSE_010510
Buy trading signal triggered on CSE on January 05, 2010**. CSE- Buy signal triggered on CSE on January 05, 2010* Trading signal for 60 minute price bars Buy price: $4.10 Sell stop price: $3.61 Short term profit level: $4.55 LEVEL…
CSE-Capital Source Inc. could follow financials higher
Loooking at Capital Source Inc. it appears that an ABC correction from its .90 cent low has completed after trading to 2.99 on November 2, 2009. The correction from 3.55 to 5.08 could have been a small irregular correction of…
EXM-Exel Maritime shake downs not stopping moves higher
EXM is making tight stops trigger some small losses for conservative longs, however this stock may just still be in the more frequent stage of shake down that is being noticed in many stocks before turning points. In my mind,…
MPEL makes another big bounce, but is the correction over?
MPEL traded close to average volume today in a low volume market and held up nicely. Last week we wrote that the 3.34 low may be taken out because a possible wave three test at the 60 minute trading time…
Some Stock Market News Is Nothing New
For anyone who is carousing the web looking for information and direction in the equity markets the pitfalls are numerous. But, the wolf in sheep’s clothing can be hard to discern for a beginner trader. Perhaps he or she does…
Is Leap Wireless a buy today?
The sluggish sideways trading may have an aggressive trader following the strength of today. A thirty minute chart LEAP is tracking its 200 day moving average nicely. However, on lesser time frames it has struggled to close above it and…
Is AMR In A Irregular Correction?
Last week airlines stocks were the talk of the town. The news of oil being down 8 days in a row, capacities being in line with future expectations, combined with some breaking news for AMR about possible overseas connections in…
Trade Signal JEF_120409
Buy trading signal triggered on JEF on December 04, 2009**. JEF- Buy signal triggered on JEF on December 04, 2009* Trading signal for 30 minute price bars Buy price: $23.30 Sell stop price: $23.04 LEVEL HIT – December 10, 2009…
Trade Signal BRCD_120409
Buy trading signal triggered on BRCD on December 04, 2009**. BRCD- Buy signal triggered on BRCD on December 04, 2009* Trading signal for 15 minute price bars Buy price: $7.00 Sell stop price: $6.78 LEVEL HIT – January 29, 2010…
Trade Signal EXM_120209
Buy trading signal triggered on EXM on December 02, 2009**. EXM- Buy signal triggered on EXM on December 02, 2009* Trading signal for 5 minute price bars Buy price: $7.15 Sell stop price: $6.65 LEVEL HIT – December 8, 2009…
Excel Maritime Trades Strong To Upside
EXM has made a strong move higher as anticipated in the trading concepts write up. If you have not entered into this trade yet, you want to monitor EXM closely for an entry point. Today’s open did gap. From these…
Jefferies Group Ready To Trade Higher
JEF trading to a low of 23.05 today which could have triggered the end of its most recent down trend. We’ve been expecting JEF to rebound from a trading range of 24.09 and 22.82 its 53% and 62% Fibonacci retracement…
Why Do I Read Financial News Advisory Articles?
As a technical day trader I continue to work on solidifying my own day trading strategy. As I explore the markets for opportunity, I find that the urge to follow others “advice” becomes more distracting. That’s not to say that…
BRCD – Brocade To Trade Higher…For Now
BRCD traded down to the 7.00 level today. This is very close to its 38% Fibonacci retracement off the March lows. It did this with large volume and could be ready for rebound, although the shorter trading time frames show…