Wednesday, May 2, 2007

Stock Ideas : May 2, 2007

MAB – Sym Triangle (Possible Cup and Handle) – Breakout!
- MACD Moving above 0 / Fast line crossed to indicate bullish behavior
- RSI confirms consolidation
- Decreasing Volume on handle (Triangle)
- Current: 0.039
- Support: 0.033
- Breakout: 0.036
- Target: 0.046
- Potential: 27%

Note: Current price is at 0.039 which is a point of resistance from previous high as well as at 0.040; I advise is to buy close to 0.036, or when it breaks 0.040.

EEI – Ascending Triangle
- MACD Moving above 0
- RSI confirms consolidation
- Nice decreasing volume
- Current 4.7
- Support: 4.65
- Breakout: 4.9
- Target: 5.7
- Potential: 16%

BPC - Ascending Triangle
- MACD Moving above 0 and fast line is over blue
- RSI confirms consolidation
- Current: 3.8
- Support: 3.6
- Breakout/Resistance: 3.85
- Target: 4.8
- Potential: 33%

OM – Sym Triangle
- MACD Above 0 but Fast line below slow line
- RSI confirms consolidation
- Decreasing Volume
- Current: 0.19
- Support: 0.19
- Breakout: 0.20
- Potential: 30%

Removed from List


MAC – FLAG Formation
- After the breakout, MAC is starting to travel back to it’s new support at 4.0
- Decided to sell this stock and take profits already
- Observe cut-loss when support at 4.0 is broken

EVER – FLAG/PENNANT
-
Seems to be forming a triangle instead of a flag
- Removing for now but will continue to observe

Sunday, April 22, 2007

Stock Ideas : April 22, 2007

MAC – FLAG Formation – BREAKOUT?
- MACD Above 0
- Decreasing Volume of Flag
- Target: 4.8
- This issue seems to have broken out of the flag formation currently at 4.15 price level.

EVER – FLAG/PENNANT – Continues to form the pennant (watch out for this stock)
- MACD Above 0
- RSI Close to Overbought
- Current: 0.14
- Breakout: 0.155
- Support: 0.125
- Potential: 30%

OM – Sym Triangle
- MACD Above 0 but Fast line below slow line
- RSI confirms consolidation
- Decreasing Volume
- Current: 0.19
- Support: 0.19
- Breakout: 0.20
- Potential: 30%

MAB – Sym Triangle (Possible Cup and Handle)
- MACD Moving above 0
- RSI confirms consolidation
- Decreasing Volume on handle (Triangle)
- Current: 0.034
- Support: 0.033
- Breakout: 0.036
- Target: 0.046
- Potential: 27%

EEI – Ascending Triangle
- MACD Moving above 0
- RSI confirms consolidation
- Nice decreasing volume
- Current 4.7
- Support: 4.65
- Breakout: 4.9
- Target: 5.7
- Potential: 16%

Removed from List

PLTL – Broke support at 6.9 – Removing from List

SM – Broke support at 360 – Removing from List

DGTL – False Breakout?
- The current price of DGTL seems to be moving along the new support line, since volume did not confirm the breakout the other day, I believe that this might just start to move sideways again.

Thursday, April 19, 2007

Stock Ideas : April 18, 2007


VULCAN seems to be forming a rising wedge and the volume is confirming the pattern. A very bearish formation. Better be careful if you are still holding on to this stock.

CYBR - Seems to be forming a flag - Observe

Tuesday, April 17, 2007

Stock Ideas : April 17, 2007

DGTL – BREAKOUT from ART
- MACD Continue to move up to 0
- Volume is not that high on breakout, let’s check tomorrows performance
- RSI Still good
- Current: 1.84
- New Support: 1.76
- Target: 1.96

Note: Try to buy on pullback – close to 1.76

MAC – FLAG Formation – Continuing to form a possible flag
- MACD Above 0
- Decreasing Volume of Flag
- Current: 3.9

PLTL – ART
- MACD Moving above 0
- Good Decreasing Volume
- RSI Confirms Consolidation
- Current: 7.1
- Breakout: 7.1
- Support: 6.9
- Target: 7.9
- Potential: 10%

Note: Current price closed at the resistance line, watch this stock closely tomorrow for possible breakout

SM – ART
- MACD Moving above 0
- Decreasing Volume
- RSI Confirms Consolidation
- Current: 365
- Breakout: 375
- Support: 360
- Potential: 14%

EVER – FLAG
- MACD Above 0
- RSI Close to Overbought
- Current: 0.14
- Breakout: 0.155
- Support: 0.125
- Potential: 30%

OM – Sym Triangle
- MACD Above 0 but Fast line below slow line
- RSI confirms consolidation
- Decreasing Volume
- Current: 0.19
- Support: 0.19
- Breakout: 0.20
- Potential: 30%

NEW ENTRY

MAB – Sym Triangle (Possible Cup and Handle)
- MACD Moving above 0
- RSI confirms consolidation
- Decreasing Volume on handle (Triangle)
- Current: 0.034
- Support: 0.033
- Breakout: 0.036
- Target: 0.046
- Potential: 27%

Monday, April 16, 2007

Stock Ideas : April 16, 2007

DGTL - ART
- MACD Good moving above 0
- Decreasing Volume
- RSI confirms Consolidation
- Breakout 1.76
- Current 1.74
- Support 1.72
- Potential 10%

MAC – FLAG Formation
- MACD Above 0
- Decreasing Volume of Flag

PLTL – ART
- MACD Moving above 0
- Good Decreasing Volume
- RSI Confirms Consolidation
- Breakout 7.1
- Support 6.8
- Potential 10%

SM – ART
- MACD Moving above 0
- Decreasing Volume
- RSI Confirms Consolidation
- Breakout 375.294
- Support 360
- Potential 14%

EVER – FLAG
- MACD Above 0
- RSI Close to Overbought
- Breakout 0.155
- Support 0.125
- Potential 30%

OM – Sym Triangle
- MACD Above 0 but Fast line below slow line
- RSI confirms consolidation
- Decreasing Volume
- Support 0.19
- Breakout 0.20
- Potential 30%

Friday, March 23, 2007

PSE: OPM - Oriental Petroleum & Minerals A

I have been holding this stock since early Feb before the sell of even occured. Activity of this stock ceased when Feb 28 took it's toll on the market. But lately it seems OPM is having some positive movement once more.

Take a look at the chart. Comments are welcome.

Breakout: 0.015
Triangle Target: 0.020
Cup Target: 0.026


Saturday, March 17, 2007

PSE:OM - Omico

GO OMICO!

I earned a good sum of money here on it's recent breakout from 0.013, and now it seems that OM is compressing to yet another symmetrical traingle.

If i am reading this correctly.

Breakout Point: 0.020-0.021
Target Price: 0.027-0.028

There is a steady decrease in volume, so there might be a breakout soon for this stock. Watchout guys!