Buy signal trading ACH- March 29, 2011* Trading signal for daily price bars Buy price: $23.94 Sell stop price: $21.99 LEVEL HIT – May 5, 2011 Short term profit level: $30.00 Long term profit level: $38.00 Trading Signal Buy Chart…
Trade Signal HL_032911
Buy signal trading HL- March 29, 2011* Trading signal for daily price bars Buy price: $9.00 Sell stop price: $8.65 LEVEL HIT – May 3, 2011 Short term profit level: $9.99 Long term profit level: $10.66 Trading Signal Buy Chart…
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…
HL Hecla Mining Co Trade
Hecla Mining Co was trading strong with the markets and metals today. A break down of the trade in HL, so far, exposes the Elliott Wave that was used to bring in a 6% gain but also why some was…
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…
Arch Coal Elliott Wave Count
ACI showed strength into the markets sell off over the past few days. A small channel has developed from the 36.50 to 31.50 roughly. One particular scenario for the Elliott Wave formations in this stock has the present pull back…
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…
JASO Correction Levels
Following up on the post that was written in late January 2011, JASO is now exiting a four month duration period in price motion. The previous chart markup from the duration analysis on JASO shows an estimated date of March…
Trade Signal MPEL_031111
Buy signal trading MPEL- March 11, 2011* Trading signal for daily price bars Buy price: $7.38 Sell stop price: $7.08 LEVEL HIT – March 15, 2011 Short term profit level: $7.88 LEVEL HIT – March 28, 2011 Long term profit…
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…
Trade Signal RIMM_031011
Buy signal trading RIMM- March 10, 2011* Trading signal for daily price bars Buy price: $62.60 Sell stop price: $61.10 LEVEL HIT – March 15, 2011 Short term profit level: $69.00 Long term profit level: $78.50 Trading Signal Buy Chart…
RIMM Price Motion Scenario
The RIMM chart since the 12/02/08 low looks a little disorganized from an Elliott Wave point of view, although it has maintained an attractive magnitude of price ranges to trade. RIMM was part of the telcom seasonal trades, but we…
LEAP Elliott Wave Trade Correlations
LEAP has been trading very close to Elliott Wave projections. This trade was based off a triangle wave4 A wave projected target of 11.45. The B wave target is 13.39. The analysis for these scenario can be found in the…
Trade Signal DRYS_030711
Buy signal trading DRYS- March 7, 2011* Trading signal for daily price bars Buy price: $4.85 Sell stop price: $4.59 LEVEL HIT – March 15, 2011 Short term profit level: $5.70 Long term profit level: $6.20 Trading Signal Buy Chart…
Trade Signal LEAP_030411
Buy signal trading LEAP- March 4, 2011* Trading signal for daily price bars Buy price: $11.70 Sell stop price: $11.44 Short term profit level: $12.60 LEVEL HIT – March 9, 2011 Long term profit level: $13.30 LEVEL HIT – March…
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…
JDSU Price Motion Analysis
JDSU has really heated up and was an over performer in the telcom seasonal trade issued in mid November 2010. This analysis of the JDSU weekly chart from 2002 explains a possible Elliott Wave count for JDSU, and clarifies the…
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…