Tuesday, May 28, 2013

LNKD swing support

Cannot be called for a long swing yet. This one has to hold and the stock has to go higher than today's high. Let's wait and see how this shapes up. This may fall a bit more is what I feel

A pullback play

This is another pullback play putting it here for pattern recognition. These are one of the best plays. 1 good bar on 5 min, 2 small pullbacks that does not fall below the 50% of the 1st 5 min bar, then heading up. Buy high of the prior red bar on 5 min and keep an eye on the high of the day and then if it continues, just play it higher.
I like such plays.

ESRX support play

ESRX support play. Check out this pattern. When ever the 1st 5 min bar is not broken and it tests it again. you can generally play it and exit at whole numbers or protect at prior highs or whole numbers. See how this came to support 2 times, both was playable.
Keep a note of this pattern.

NFLX fade play

THis one was a good fade play. I did not play it but I liked the charts and the formation so putting it here. Check out how the gap started up and then just collapsed on the 5 min, you can play such charts starting small and covering at the half of the 1st 5 min bar.

Friday, May 24, 2013

VNDA Pharma pop

This has popped over 100% in recent days. Pharma is always big rewards big risks. I do not play pharma, keep this as 5-10% of your speculative portfolio.

MSFT recent move

MSFT recent move has been impressive. It is hold at the moment at current levels. It had a minor pulback and may go higher. But I am not buying it at this level.

JAZZ break out

This one is looking good on weekly and daily. Retaining this support wall, this will see higher numbers.