The short pullback that was expected in EK this week largely did not occur, and there always is a reason. You can not always just chalk up missed trading calls to market exuberance or market malaise. There is usually always…
Trading Analysis Price Motion Scenario For ManTech (MANT)
On the monthly chart there is ambiguity to price motion due to the lack of price history since the IPO. It is important to always start with the largest time frame to identify the most powerful trend in play, even…
Melco Crown Entertainment Upward Momentum Price Resolution
Yesterdays trading in MPEL is on course with previously mentioned price targets. With the markets, as well as MPEL, being so extended of late, reevaluating a position to its near and long term targets is a safe thing to do.…
JA Solar Trend Correcting From Downgrade But Possibly Room To Rise
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 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…
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…
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…
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…
JEF – Jefferies Group, Inc.
With weakness in the banking sector as of late, it’s been a good idea to look at banking stocks for any trading opportunities. For long term traders, now does not appear to be the time to step in. Looking at…
MPEL – Melco Crown Entertainment Ltd
Melco Crown Entertainment Limited (MPEL), is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market. MPEL is starting to look interesting. MPEL was mentioned on the…
UNH – UnitedHealth Group Inc.
It’s hard to find a day in the markets when the speculation on health care reform is not taking a new turn. However, with the latest passage of the new reform bill in the House this past weekend, you would…
AMR-AMR Corporation
AMR has traded off it’s high of 9.24. Oil has rebounded, inflation and commodity speculators are supporting prices for the time being. The Federal Reserve reports no heightened risks of inflation in the near future however. It may be good…
EXM- Excel Maritime Carriers Ltd
Excel Maritime reported good numbers this week and the stock seems to be learning how to trade sideways. A change from its normal downward trend. EXM’s monthly MACD is close to crossing the signal line and the most recent low…
HBAN-Huntington Bancshares Incorporated
Huntington Bancshares Incorporated is a multi-state diversified financial holding company. HBAN has been trading steadily sideways off its high of 6.18 for some time now. HBAN has been in a correction, and a closer look may have revealed that HBAN…
BGP-Borders Group, Inc.
Borders traded down almost 12% on Friday October 30, 2009 during the market weakness. Not many stocks traded higher on Friday, even the most defensive took losses to some extent. Regardless of the market correction and how far it will…
LEAP – Leap Wireless International, Inc.
If you don’t know about LEAP, you’re probably better off as a trader. Unless you have been short. However, there are some interesting things to consider while looking at the chart and realizing some of the recent market news. The…
AKS – AK Steel Holding Corporation
AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products. Stock signal trader does not produce sell or short signals outside of short ETF’s. However, sometimes the signals that are generated can be…
SDS -ProShares UltraShort S&P500 (ETF)
The markets talking heads have been looking for a correction, or pullback, for many weeks now. Some say that Wednesday 23, 2009 may have signaled that turn is near or in progress already. The S&P 500 made an outside reversal…
ETFC – E TRADE Financial Corporation
E*TRADE Financial Corporation is a financial services company, that provides online brokerage and related products and services primarily to individual retail investors. A small trade has developed in ETFC. The trade on the one minute trading time frame is a…
EK – Eastman Kodak Company
Eastman Kodak Company (Kodak) provides imaging technology products and services to the photographic and graphic communications markets. EK bounced nicely off its 50% Fibonacci Retracement level of 4.63 today, September 25 2009. Calculate these levels from trading low of 2.44…
SAH – Sonic Automotive, Inc.
Will SAH make a turn trading higher? The 30 minute trading time frame is showing that a 5 wave downtrend may be near completion. The only problem with this call is that a stock offering was announced today at 10.10.…
CAB – Cabela’s Incorporated
CAB was giving a trading signal that it may be ready to reverse its near term correction wave. CAB is possibly near completion of an A wave of an ABC correction from its trading range of 4.18 to 16.87. This…
LRN – K12 Inc. (Public, NYSE:LRN)
K12 Inc. (K12) is a technology-based education company. The Company offers curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12. A lot of buy signals are being triggered in stocks that may…