Showing posts with label stock tips. Show all posts
Showing posts with label stock tips. Show all posts

Thursday, May 30, 2013

Facebook (stock FB) seems to have turned around today- Island Reversal signal

Facebook (stock FB) seems to have turned around today- Island Reversal signal
Yesterday, FB stock had a downgap and a very bearish day. Today there is a positive gap and very bullish mood. As you can see on the daily chart, there are two gaps which makes this a nice island reversal.
Island Reversal


Conclusin: To be bullish with a stoploss at yesterday's low. Or at yesterday's high.

Tuesday, April 27, 2010

BSX-- Something good happening at last?

BSX- Boston Scientific Corp

Not sure what is happening fundamentally but recently the stock is rising after some bad news. Today the overall market melted. Dow was down 200 plus points. BSX also opened lower but during the day, climbed up and closed strong.
Worth keeping on the radar.


As always, keep a stoploss in your trading.

Tuesday, September 29, 2009

DAL (Delta Airlines) -FLAG/Pennant pattern: On its way to $12?

DAL: Delta Airlines stock is forming a Pennant/Flag pattern.
The DAL stock jumped from around 6.xx to 9.xx in a sudden move with high volume. Since then it is trading in a narrow range which is getting narrower on a declining volume.

Nice Call options play or a trading opportunity with a stop loss around 8.79/8.49 level.


The stock is in an accelerated upward move so I would keep an eye on any Open with a gap.

What is wrong with my trading? The other me who keeps screaming inside me that the market is too risky. It is about to crash!!! It is actually killing me instead.

This all started in 2020. Two of my accounts were reaching 7 digits and I wanted to go all cash once they crossed that benchmark but I was 3...