UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: FreethinkerKW Big gold star, 5000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 20429  
Subject: Watchlist Stocks Date: 10/9/2012 1:41 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
1. Proshares Ultra Silver (AGQ)

This is one I recently played for a quick, big gain. I like the doji candlestick which appeared at the close today. Showing bears and bulls on equal footing. Should this open up this coming AM (and silver futures are up at this moment at 1:10 AM)this doji could turn into a "morning star" formation which would signal a new rally in the works.

Whenever I trade this one, I use extremely tight stop/losses right under my initial trendline purchase. If I am swing trading, the buy lasts weeks to a few months.

Everybody tells me not to trade this. I have traded it five times with no losses ever. If I buy this AM, and my stop/loss goes off, no sweat. I played the averages. Winners run to double digit gains. Losers are cut off in the single digit losses:


Daily:

http://stockcharts.com/h-sc/ui?s=AGQ&p=D&st=2012-02-...


Weekly:

http://stockcharts.com/h-sc/ui?s=AGQ&p=W&st=2011-01-...




2. Akami (Nasdaq: AKAM)

I've traded this one many times in the past but not recently.

A few weeks ago it busted out of a downtrendline on the weekly chart:

http://stockcharts.com/h-sc/ui?s=AKAM&p=W&st=2008-11...


On that gap up, it just didn't feel strong enough to me for an entry on the daily chart. Was I wrong! I should have bought that gap up day from the open. Anyway, for the past five weeks, AKAM keeps testing this horizontal resistance at the top of the daychart. Any close above this resistance of 39.67 is going to invite in all kinds of swingtraders, and a new floor of support will be put in.

If a close happens above this 39.67, I might give it one more day after to see if the new feeling is for real. Should I see confirmation, then I'll buy, set a real tight stop loss of 39.50.

AKAM is a screamer sometimes. Just like NFLX, swing traders are used to waking up to a 10-20% gain on certain mornings.

I'm really liking how this chart is firming up. I normally don't play breakouts (in the sense of playing breakouts of higher high stocks such as Apple or Google) and prefer bounce plays or rebound plays. But this one is very appealing in it's look:

http://stockcharts.com/h-sc/ui?s=AKAM&p=D&st=2012-07...



3. Coinstar (CSTR)

I'll definitely be piling into this one soon as long as it breaks out of its downtrendline on this daily chart:

http://stockcharts.com/h-sc/ui?s=CSTR&p=D&st=2012-06...

. . . and the reason is the weekly chart, which I only recently drew and noticed, is a fracking swing trader's dream.

I've never seen a weekly chart like this. If you just bought every single breakout of a black down trendline on this chart and adjusted your stop/losses tight at the end of each week, you'd have nothing but breakeven or big gain bets.

And please note, CSTR, is about to break out of another one of those black downtrendlines, and this one is a sharp, long trendline with a very negative pitch or slope. Look over the chart and find the other lines closer to this one and see how hard the bounces/recoveries have been:


http://stockcharts.com/h-sc/ui?s=CSTR&p=W&st=2008-12...
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement