Tuesday, July 2, 2013

AAPL swing

When ever you see such support plays, always but it and see if it goes in your direction. Chances are the support will hold and may go higher. Why you do not enter full position because the support may hold for a day and then go down again. So have to be careful. ABovfe 400 was excellent to add to this stock..Prior call was to buy above 450

http://agaptrader.blogspot.com/2013/06/aapl-in-range.html

http://agaptrader.blogspot.com/2013/05/aapl-swing.html

MJN short

I called this and played it short. Called to short it below 76.9 with adding to position below 76.75.. exit one was close to 76.2 and 76.1

Nice profits for the day. Check out the pattern.

This was a nice red bar down and a small pullback. Once the trigger happened, I waited to see if it goes in my direction and then added to position and protected whole number exit and prior low of the day.

Monday, July 1, 2013

CNBC post on bond fund withdraw

Here is what the news was on CNBC on bond fund withdraw. This makes you wonder that the recent pull down in stock was caused on purpose for people to get in.
This pullback to suppport on most stocks was an excellent opportunity to get into stocks.

Here is the article on CNBC

http://www.cnbc.com/id/100855508

Sunday, June 30, 2013

ROST swing

Rost is in range for a long time and is still in the range. Here are my analysis from before.

http://agaptrader.blogspot.com/2013/06/rost-below-range.html

CAT swing

Cat is looking good above 88, but one can always play the bottom of the range. 78-82 area has held for a long time. Lets see how well it holds.

Earlier analysis
http://agaptrader.blogspot.com/2013/06/cat-swing_28.html

FSLR swing

I like it above 46.5 and has a good chance to go higher. Should have played it at 40 support, since I was on vacation I could not get in. I also like the weekly formation of this chart.
Only negative is the 20 day moving avg went down the 40 day moving avg which may mean another down swing before it picks up. 40 should hold and any place close to 40 is a good buy.

Moving avg is a lagging indicator so if one big bar up happens, everything turns higher.

FB swing

FB is consolidating here and I like it above 25 and add above 25.5 above the 200 day moving avg on daily. LIke the weekly chart as well. I think this will hold and will go higher in next earnings. Here is my earlier analysis.

http://agaptrader.blogspot.com/2013/06/fb-swing_28.html