30th Dec 2010 – Pattern Study on STEM

Ticker:

 

1. STEM

 

Topic:

 

1. This example shows that all patterns are valid either they are stock that > USD100.00 or < USD1.00

 

Lesson Learnt:

 

1. There are many "obvious" and "safe" entry points if one pays very close attention.
2. Check out the "KILLER spot". This one can get a trader kill pretty easily. This is quite common in this kind of BIO stock.
3. The chart is forming a very interesting triangle NOW. Question now is --- Will it form the 1Million $ entry point for you to get in? And will you dare to get in? And if you get in, where should you set your stop loss point?

 

Intraday Chart

-NA-

Historical Chart

30th Dec 2010 – Keep staring at the chart…

Keep staring at the chart, you might see what I don’t see…                

30th Dec 2010 – Pattern Study on SEED

Ticker:

 

1. SEED

 

Topic:

 

1. Don't know what to call this, but it is something common that you can read from text book.      ;-)

 

Lesson Learnt:

 

1. If you miss to buy at the point it shot up, be PATIENCE. Opportunity will come again.
2. One should watch closely at the upper and lower line of the range bound area to ensure that the stock is healthy.
3. Multiple rebounds at the support line and also at the 200MA line have proven that the stock is healthy to get in.
4. One can also get in only when it poke through the upper line of the range bound area.
5. Uptrend MACD and RSI should give you more confidence on the entry.

 

Intraday Chart

-NA-

Historical Chart

29th Dec 2010 – Playboy serve Chinese Dessert.

Oh….. my GOD! I am sure it is going to be delicious.             

29th Dec 2010 – More banks to go under.

29th Dec 2010 – The guy who predict the collapse of Lehman.

29th Dec 2010 – Let’s start with some prediction.

After so long did not follow up with the stock market, how about let me start with a post on prediction?

29th Dec 2010 – Back from Holidays

I am back to work again!

Have not been touching stock marker for weeks. Feeling dumb and numb. Will get back to “work” and start my post again in the weekend. What a lazy stockaki I am.                  

14th Dec 2010 – Pattern Study on A

Ticker:

 

1. A

 

Topic:

 

1. A reverse Head-n-Shoulder pattern?!

 

Lesson Learnt:

 

1. There are many BULLISH Harami shown through out the entire cycle. If I have scan through carefully, all are opportunities.
2. After one month of struggling, it finally broke thru the reverse head-n-shoulder neck line.
3. Expect it to take a breather back to the neck line and then bounce much higher from there.
4. Looks like it is a long term hold for this stock.

 

Intraday Chart

-NA-

Historical Chart

13th Dec 2010 – My Analysis

BULL or BEAR ??

 

Short term (1 week)	Long term (6 months)
-- There is no sign of BEAR at all. -- There will be a lot volatility in coming week with Helicopter Ben announcing interest rate. However, there is nothing much Ben can do. So the market can just keep on their BULL move easily.	-- Long term SPY chart has shown that 20MA line has crossed up 50MA line which is a long term buy signal. -- NASDAQ index is not showing any sign of stopping.

 

Next Week Economic Data:

 

 

Input:

 

1. A lot of data coming out the entire week.
2. Interest rate announcement on Tuesday. FED cannot do anything other than stay the same rate figure. Maybe that is why market has no fear and Friday index still go up.
3. Is Helicopter Bernanke going to announced QE3?    *that will be interesting*

 

VXX chart:

 

 

 

Input:

 

1. RSI in daily chart might be indicating something. However, candlesticks look like it is still going down.
2. MACD at the long term chart might indicating something also. Again, there is no confirmation yet.

 

SPY chart:

 

 

 

Input:

 

1. Long term SPY chart shows that SPY has bounced up from 200MA line and now has reached another high.
2. 20MA has crossed up 50MA line and this is actually a long term BUY signal.
3. Watch and see how it can break up the resistance line. Watch carefully how MACD and RSI line work out.

 

DJIA chart:

 

 

Input:

 

1. DJIA is the only one index with very clear resistance line. However, don't under estimate the bull.

 

NASDAQ chart:

 

 

Input:

 

1. Nothing is stopping NASDAQ.

 

UUP chart:

 

 

Input:

 

1. UUP up trend is confirmed.
2. Carefully watch the relationship between UUP and DJIA. They are supposed to be inverse relationship, but not very clear.

 

Sector Analysis:

 

1. I am running out of time.

 

Input:

 

1. NA

 

GLD, SLV and UUP charts:

 

1. I am running out of time!

 

Input:

 

1. NA

13th Dec 2010 – Another excuse!

Spent the whole day “washing” my washing machine.

*sigh*… where is my time for stock analysis?

11th Dec 2010 - Excuse and Laziness?!

It has been almost a month I did not update anything and not doing my homework as trader. That is really bad.       

My pc was sent for reformat and then my sister’s whole family is now up here staying with me. Looks like I will not be able to do much update and analysis from now till then end of this year.

Again, this is also part of excuse and laziness.          

20th Nov 2010 – Pattern Study on UUP

Ticker:

 

1. UUP

 

Topic:

 

1. Pay attention to this guy - especially NOW.

 

Lesson Learnt:

 

1. The double bottom formation has already warn you that the crash will come last week. I did not pay attention to it at all.
2. The double bottom was obvious.
3. Watch out the daily chart when the 20MA line comes in and give support to the UUP.
4. I could have just got in UUP at $22.00. Everything was so obvious.

 

Intraday Chart

Historical Chart

20th Nov 2010 – My Analysis

BULL or BEAR ??

 

Short term (1 week)	Long term (6 months)
-- This short term bull is kind of weak now. -- A burst in the UUP can kill this Bull right in the head.	-- Major support line is not broken yet even though they are penetrated and came back.

 

Next Week Economic Data:

 

 

Input:

 

1. Heavy data on Tuesday and Wednesday
2. Holiday on Thursday and half day session on Friday. Could bring some volatility.

 

VXX chart:

 

 

 

Input:

 

1. The VXX daily chart shows that it has come to the bottom again. This can be a double-edge sword.
2. WATCH OUT!!!

 

SPY chart:

 

 

 

 

Input:

 

1. Intraday SPY chart broke through the trend line and also its 20MA and 50MA line, which gives confident on the up trend.
2. Daily chart SPY shows that it has finally come on top of 20MA line. However it is still beneath the thick blue trend line.
3. Weekly chart shows that it is still able to stay on top of 200MA line even though it poke through it at the beginning of the week.
4. I consider this indication as "Bull is still intact".

 

DJIA chart:

 

 

 

Input:

 

1. Intraday DJIA chart broke through the trend line and also its 20MA and 50MA line, which gives confident on the up trend like SPY.
2. Daily DJIA chart shows that it is still beneath 20MA line. So be CAREFULL on this.
3. Weekly chart shows that it had touched the 200MA line and rebound back. Hope that this is a healthy sign for a much stronger BULL coming in the pipeline.

 

NASDAQ chart:

 

 

 

 

Input:

 

1. Intraday NASDAQ chart shows that is hs penetrated the 20MA and 50MA line.
2. Daily NASDAQ chart shows that it is still beneath the 20MA line. WATCH OUT!!!
3. Weekly NASDAQ chart shows that it is still beneath the April high.

 

UUP chart:

 

 

 

Input:

 

1. Hope that the 20MA and 50MA lines will keep the intraday chart up UUP lower.
2. On daily chart it is sitting on the trend line. Watch out for the support coming in from the 20MA line. That might lift the USD$$$.
3. I don't understand why after QE2, UUP reverse up instead. Is it just because of China raise interest rate?
4. Weekly chart shows that UUP is still in bullish mode. Pay close attention to this guy. This is not good for stock.

 

Sector Analysis:

 

 

Input:

 

1. Most of them rebound at the 50MA line.

 

GLD, SLV and UUP charts:

 

 

Input:

 

1. GLD rebound at the 50MA line just like most sectors.
2. USO was hit badly just in one week time. This might be some kind of indicator what is going to come next. Anyway, it is always a reverse of UUP.
3. UNG is getting interesting again.
4. UUP is the one to really watch for.

18th Nov 2010 – Pattern Study on DJIA

Ticker:

1. DJIA

Topic:

1. Is the BULL run on March 2009 Obvious?

Lesson Learnt:

1. There is absolutely no reason to miss the March 2009 BULL run. No reason at all.
2. The first few Bullish Harami formation are the killers. They were fake bullish formation where their line of support are finally penetrated downwards.
3. First Bullish Harami on March 2009 might makes you think that it is another fake formation. However, one week later another bullish Harami formation appear again. That should give the first confirmation. This confirmation also protrude the trend line at the same time. In this case investors have to jump in and should not wait for a retracement. The retracement may not come because everybody has gone through a long Bear market and now everybody are rushing in.
4. Weeks later 20MA line was protrude, serve as another confirmation again.
5. Months later, it retraced back to 20MA line which serve as a good adding point if you already bought in previously. If you have not, it is time to get in NOW.
6. A bounce on the 20MA line gives a very strong confirmation again.
7. Within that week, that bounce penetrate 50MA line - What's more confirmation that you need?

Intraday Chart

-NA-

Historical Chart

18th Nov 2010 – Pattern Study on FAS

Ticker:

1. FAS

Topic:

1. Buying FAS at its own trend line and DJIA's trend line and 50MA line.

Lesson Learnt:

1. It should rebound at strong trend line and MA line.
2. 'Good News' tend to follow after that.
3. Risk is always there, so be careful.

Intraday Chart

Historical Chart