Above is a 30 day hourly chart of the QQQ's with pivots Above is a 15 day 15min chart of the QQQ's with pivots - Doug S … [Read more...]
Goldman Sachs Technical Analysis
August 8, 2011 Leave a Comment
It was in the morning when Dave asked to perform technical analysis on Goldman Sachs (GS)... It was trading around 118 and we called the next important support @$112.08.... The low of the day … [Read more...]
How to Read Weekly Charts
July 1, 2011 Leave a Comment
How to Read Weekly Charts We have drawn ascending and descending channels and Fibonacci retracement levels on significant ranges. The 50% is considered a pivot area and the 38.2% and the 61.8% may … [Read more...]
Bear Market
June 14, 2011 Leave a Comment
As of yesterday the SPX was up only a little over a percent. But let’s be honest here, there were sectors that were in complete bear markets, and here are some to name a few. Financials were well … [Read more...]
Suga Suga $IPSU
June 7, 2011 Leave a Comment
Imperial Sugar Company (IPSU) made it to the list of top 10 biggest percentage gainers on NASDAQ for 2 consecutive days last week (Jun 02, Jun 03) after paying a dividend … [Read more...]
Wahoo Yahoo
May 24, 2011 Leave a Comment
Today Yahoo (YHOO) went up about 16.11 to as high as 16.41. Before falling down to 16.05, which is 2 cents away from the Daily SMA200. It then bounced off rallying up to 16.19 before pulling back 9 … [Read more...]
Scalping for a Living
April 2, 2011 Leave a Comment
Mark has been applying his unique strategy to consistently scalp the stock market for profit the last twelve years. Regarded as one of the most consistent hyper-scalpers on Wall Street, Mark has … [Read more...]
Pepe Trade of the Day (BP)
March 24, 2011 Leave a Comment
At 2:00 PM, Pepe, one of our top technical analysis traders, called out BP @ $46.90. Pepe made the comment over the broadcast that BP was meeting resistance at $47.00 and was trading below the 50 SMA … [Read more...]
