Monthly Archives: April 2011

MSFT

The moment I saw the MSFT chart this afternoon it was already down over 4% due to earnings but was bouncing nicely and I felt it should retest the horizontal resistance at 25.77.   Immediately I placed a market order, recalling … Continue reading

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More On Earnings – All Over the Map

Just found out I had UIS in one of my accounts yesterday and that it announced earnings 3 days ago!    I know all about earnings being 50-50 at best, but it takes great discipline to keep track of them!  Now … Continue reading

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A Setup is All that Matters

It was interesting that 2 of the 8 people I track on stocktwits had diverging entries at the same time around noon.  Bearcharts entered SLV long at 47.21 after taking profits 80 cents earlier today.  mb_willoughby, on the other hand, … Continue reading

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AAU

I’ve been following mb_willoughby for momo plays in the past few weeks with mixed success.  But these plays have been just for kicks and the lot size has been small — just under $1000 or so.  For whatever reason, my … Continue reading

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Oscillators Overbought, So What?

This is the 60 minute chart for SRZ.  The first hour’s black candle looked ominous, failing the 20 day ma test.   Then it bounced on the gap support/previous day high.  But the oscillators were overbought:  at the dashed vertical line … Continue reading

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CNX Long Setup

Breaks the down-trend line on the daily.  RSI pointing upwards at 49.79.  STO coming out of oversold at 22.56.   50 day ema and sma support.  34 day sma support.   Currently flat-lining at horizontal support of 51.10.  Stop below 48 area.  … Continue reading

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CT, MVIS, VG, CIGX

So I’m following this person on stocktwits.com who’s consistent very impressive from all her real time twits.  Today she put put 3 stocks: CT, USAT, and EGHT.    Shortly she post that she’s in for EGHT @ 3.12.  I didn’t follow … Continue reading

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