Today I took a loss in GOL. I’ve traded this name in the past with success and failure. This trades failure hurt a little more though because I let it last. The trade lost me 5% of my position size,…
A Look At DRYS
On Tuesday July 5, 2011 I posted a chart on StockTwits about DRYS inferring it was in a possible sweet spot if it could hold above 3.92.
Possible Swing Point For GDXJ
I’ve been writing about HL lately and have a trade on to date in the name. The updates on this trade can be found here. Even though things are so far working as planned I looked at the GDXJ today…
Seeing Elliott Waves In The SPX
Elliott Waves are visually everywhere and yet only exist when mathematically confirmed with the MACD structure. Without confirmation, Elliott waves can be relative to small moments of price history and not be relative to larger moves or the trend- not…
Helca Mining Co. Anticipating A Trade in HL
HL has been on the radar since I wrote my Elliott Wave count on it in this April 2011 post. Ive been following HL recently and although I was expecting lower prices, the recent price action combined with a re…
PPDI Andrews Pitchfork and a 5 Day Moving Average
I really don’t wish to write about PPDI again. It has frustrated me in the past and my negligence to close out a winner into earnings just because a price target had not been met has cost me. However, as…
EURUSD Elliott Wave Count
I have not followed the eur/usd in the past and don’t assume to know any of the correlations. I’ve spent about 3 hours charting and will share a simple minded (2 cents) point of view. Both technically and otherwise I…
GOL Parent Wave 3 Setting Up
We have been following GOL since late March when Zortrades of StockTwits first flagged it in his post. All SST posts on GOL can be found here as well. I have been drawn to this stock because of its potential…
What is going on right now?
Is helicopter Ben just not going to show up any longer? What does that even mean? I follow price not Fed Chair hobbies. Will the death of Osama Bin Laden really mark a top in the stock market? Is this…
GOLD Triangle Wave B Price Projections
In the previous post we outlined the price history of the GOLD chart (Rangold Resources). Visit that post for the larger picture and possibilities. This is a recap of the present price motion and expectations. No position in GOLD. A…
GOL Reaches Price Target
The target price of 13.25 was met today based on the break of a B wave triangle outlined in the last post and the prior chart markup below on May 6, 2011. An update to this prior markup below shows…
GOL Duration Period Update
Prior post on duration period for GOL outlined a rise in the stock of GOL from the first week of April to the first week of May for the past six years resulting in positive price motion and gains averaging…
GOL Parent Wave 2
GOL has great strength today. There are two scenario now with todays strength to look for from a technical basis. First, this current strength is the anticipated beginning of wave 3 of the trend. A very powerful move. This would…
Update To Elliott Wave Count For GOL Analysis
It got sloppy on April 20th with the S&P outlook downgrade (link) but the chart has still performed to expectations initiated about a month ago (link). The organized wave patterns projected were hard to follow. But in retrospect the completed…
Trading PPDI Weekly Chart
PPDI (Pharmaceutical Product Development Inc.) was giving me plenty of problems from the sidelines and at just about every time frame (post). But another look at the bigger picture compelled me to enter a trade today at 31.02. I’m looking…
GOL Correction S&P Outlook Downgrade
I’ve rebuilt a position at 13.28. Todays strength is great but I want to again establish my levels. Many things have recently played into the prior wave count and although not lost from a price projection standpoint, certainly the fluidity…
GOLD Elliott Wave Count
In early April 2011 I had a brief exchange with Xiphos_Trading on StockTwits who does great analysis and in particular had my attention with some analysis on GOLD- Randgold Resources Ltd. I don’t trade GOLD but do find the Elliott…
Take A Step Back
Focusing on the basics, the details and your time frames is no less important while observing a trade then actually trading it. A chart of PPDI that was noted on stocktwits by alphatrends had a great triangle setting up at…
GOL Duration Period
Duration period always interests me. I’ve had some of my biggest gains lately on a combination of duration period analysis and Elliot Wave projections particularly in LEAP wireless. These correlations outweighed downgrades, bizarre price action and prior trends over a…
GOL Entering A Trade
In late March we started following GOL. Recently I exited a position started in the initial post as GOL broke 13.60 to protect some profits as well as determine if this downtrend would continue in a channel instead of the…
Trade Signal GOL_041211
Buy signal trading GOL- April 12, 2011* Trading signal for daily price bars Buy price: $13.37 Sell stop price: $13.10 LEVEL HIT -April 18, 2011 Short term profit level: $13.89 LEVEL HIT – April 20, 2011 Long term profit level:…
UGL Internal Waves
I’m going to go ahead and update the bullish wave sequence that was previously outlined if the flat correction held. UGL did not retest its actual 382 retracement a second time, but did test its projected flat correction twice at…
Hecla Mining Price History
HL Elliott Wave correlations were drawn out earlier in the month prior to the big ramp up in price. Some miscalculations were made relative to preparing for the trade, but HL continues to intrigue my interest after smacking the 9.57…
GOL Trade Update
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…
Aluminum Corp. of China Price History and Triangle Formation
Aluminum Corporation is a producer of alumina, primary aluminum and aluminum fabrication. They operate in four segments: alumina, primary aluminium, aluminum fabrication and trading. ACH was targeted on 3/29/11 due to a possible triangle formation near completion. The following will…