GOL is still tracking nicely to the Elliott Wave count prior calculations. More on the initial count and post here. Initially we were looking for 13.88 to be our first price target of resistance shown in this prior chart. This…
LEAP Still Reaching Price Targets
LEAP has been on a tear after it corrected from its triangle wave 4 low of 11.48. All charts at SST can be right clicked to be viewed at 100% if your screen size does not allow this and auto…
A GOL Trade
Last night a potentially great trade for GOL was signaled by ZorTrades on StockTwits. This is a Brazilian airline play with upside. There was an Elliott Wave off the 3/10/11 low that looked like it was reacting well to the…
JASO Loosing Momentum
Right now JASO is trading down, close to the 6.26 low. Breaking this low could open up the possibility of much lower prices for JASO. The prior post outlining these correction scenario can be found here. An update to the…
DRYS Near Lower Targets
The January 25, 2011 low of 4.61 was close to projections and created a fair move in the stock 12% higher. However, as 4.61 was broken this low now becomes a wave 3 low, and not the final wave 5.…
UGL Flat Correction
In early January UGL and GLL charts were looked at for possible Elliott Wave formations and price targets. UGL was speculated to be at an internal wave 3 of 5 top and possibly in the midst of a flat correction…
LEAP Trades To Profit Level And Some
Just yesterday LEAP traded to its short term profit level and followed an Elliott Wave structure nicely. Today, LEAP was on a tear up over 10% at times and closing just shy of this level. LEAP easily reached the 13.30…
LEAP Price Motion Chart
Leap Wireless was a good trade coming out of last fall and was outlined on many occasions for its performance and underperformance during the trend from 9.51 to 14.50. A meta tag search pulls up all prior analysis. The current…
WATG Trade Developing
Last week WATG was targeted with an interesting trade setup off a pattern in volume seen in the daily chart. Today WATG traded solidly into the market selloff, trading up over 2.5% at the open testing a parent wave 1…
Potential Trade In WATG Again?
WATG has been within many trading concept scenario and many trading signals in the past. Most recently not successful in its trade setups in late 2010. The last few trading days in WATG has set up a similar short term…
JA Solar Trading At Targets
When a trading duration period analysis was visited for JASO the end of January 2011, it was speculated that JASO may break lower to test its 200 day average. Just after that analysis, JA Solar traded to its 200 sma…
BRCD Trend Scenario Into Earnings
Prior analysis of Brocade led to a small upward move towards its near term target 6.31 shown in this chart. The stock has underperformed its expectations so far. Even as it broke higher out of the prior correction, it only…
Telcom Seasonal Trend Performance
Briefly revisiting the telcom seasonal trade statistics and the seasonal upswing in most of these stocks from mid November 2010 to December 31 2010, shows hits and misses. Performance was overall positive during this time frame. For some like JDSU…
Brocade Following Trend
Brocade is up 3% so far today. In early January 2011 a Brocade chart was marked up with price projections and analysis for an Elliott Wave count beginning off the 4.64 low on 8/24/10, but specifically continuing off the 4.86…
MPEL Possible Near Term Upside Targets
Yesterday a MPEL correction was analyzed. Today, further upside targets will be entertained in the event that more upside is in play before a correction begins. As previously stated if price motion is not contained by the recent 7.88 high,…
MPEL Melco Crown Entertainment Monthly Price Target
Melco Crown Entertainment has been a great trading stock since the lows in 2009. In early November 2010 MPEL reached a long term trading target of 7.20 and was in a projected correction until it broke this 7.20 level with…
JA Solar Trading Duration Period
JASO has made a nice correction from its highs and been a very volatile stock the past month off recent lows. Technically trading along its long term trend line, shown in the chart below, JASO has made calculated moves higher…
DryShips Trading At Price Target
Today DRYS traded to the projected triangle wave A correction price of 4.88. This price was calculated using the 3.92 low and 6.44 high shown in the previous chart as wave 2 in red and internal wave 3 in green.…
Analyzing An Elliott Wave In JASO
Last week JASO was a part of a new buy signal. Today, JASO has traded 5.5% higher and is illustrating the price motion that traders using Elliott Wave analysis should be aware of and try to locate in the equities…
JA Solar Trades To Profit Level
This stock made a short juke downward triggering a sell stop just after a buy signal was issued mid December 2010. Today the short term profit level was met with accuracy relative to the day’s high. Being stopped out can…
UGL and GLL Trading Trends
In early November 2010, these ETF’s were spotted to be making some turning point lows and highs. Particularly, the UGL chart was trading in step with an Elliott Wave sequence. This chart shows the wave count of UGL from the…
Brocade Trading The Trend
Mid December 2010, BRCD was highlighted in a trading concepts post to try to identify the trend that seemed to be beginning off the 4.64 low on 8/24/10. The analysis showed that the internal wave 1 of parent wave 5…
Leap Wireless Meets Expectations
Leap Wireless was a laggard in the projected seasonal move for telcom stocks, however it certainly has made up ground targeting both short and long term price targets this week. The trading with probability post has likely been proven successful,…
Smith & Wesson Broke Trading Range
Last time Smith & Wesson traded to this price level, it resulted in a 15% move higher in the stocks chart. The recent price motion was thought to be in a flat correction shown in this chart, however todays trading…
Stocks On The Move January 3, 2011
After much nervousness in the holiday trading sessions, the beginning of the new year launches stocks higher without regard to past tentative tendencies or indicators. LEAP wireless gained almost 9.5% and has reached the short term price target set. LEAP…