Tuesday, September 29, 2009

NYMO


http://stockcharts.com/h-sc/ui?s=$NYMO&p=D&yr=0&mn=6&dy=0&id=p21518564376&listNum=1&a=154418448

The McClellan oscillator is turning up again but CCI has not bottomed, which leaves a mildly bullish outlook. however, volume has been very weak the last 2 days, making the possibility of another move down possible.

Sunday, September 20, 2009

Potential JJC long entry - 6 mo chart


The volume signals are terrible so I wouldn't rely on them.



http://stockcharts.com/h-sc/ui?s=JJC&p=D&yr=0&mn=6&dy=0&id=p63999621498&listNum=1&a=165055361

Potential JJC long entry - 1yr 6 mo chart

JNJ long entry



Consolidating tightly, volume ticking up. If it dips to 59-60 range I will be buying aggressively, if not I probably will still be accumulating and definitely starting a position on a solid volume breakout.

Thursday, September 10, 2009

AIG daytrade



My apologies for the terrible image, but I just separated my swing trading and day trading by getting a proper account for daytrading and thought I would post a modified screen shot.

The image is a 1 min chart of today's triple move up in AIG. After consolidating nicely it makes a great move at 10:37 and 10:51 w solid volume. I always try never to step onto quickly moving trains and wait for them to slow down. This allows one to set a very obvious stop if things turn the wrong way.

I am always on the lookout for new daytrading vehicles that set up well so if you know of any, please let me know...