Rocketman

Rocketman

This trade in CLGX (CoreLogic) was taken in conjunction with PAY (VeriFone Systems). It has the exact same trade pattern excexp that CLGX is coming out with earnings in two days (the 22nd). I am betting that earnings will come out great for CLGX just as good as it did for PAY (VeriFone Systems). This is a risky trade. I do not normally trade this way, but...

Rocketman

PAY: VeriFone Systems Inc is in the technology sector, and within that sector it is in the Software & IT Services industry, which is growing faster that the technology sector itself. I have oil and healthcare stocks, now I wanted something in tech or software, and I found this stock. I opened a position on PAY based on one of my primary swing trading strategies....

Rocketman

ACLS is making an Inverted Head and Shoulders Pattern ; seen on a daily and 4-hour chart: Step 1: ACLS broke out downward trend line and Step 2: made a high, Step 3: fell to the back of trend-line support, which is also at a 50% fib to 61.8%. Closed green with market indecision candle with higher volume that usual. Some would consider this a hammer because the...

Rocketman

FROM A DAILY PERSPECTIVE : ACLS found support in my buy area. It is now in a bullish ascending triangle. Another interesting thing is that it has made a daily and weekly divergence pattern with volume and my other indicators (RSI, PVT, etc.), just as highlighted by the bulky RED marks on the chart. This means that there is a good probability that it will...

Rocketman

Update: This is an update to my previous notes on a Monthly NAV entry based on Daily Chart: Daily Divergence at horizontal support. A re-entry ABOVE the last tiny candle is a good risk/reward entry point. All my previous notes on NAV remains intact with the same profit target of $38.19.

Rocketman

CYTX has formed an ASCENDING TRIANGLE pattern within a WEEKLY BULL FLAG pattern. If it goes above above the last red-down- candle, above 1.23, when a green candle appears on a daily, then this presents itself as a good risk/reward opportunity. A smaller time frame, as noted below, tells me to buy now. On March 13 I already entered, and this is a second...

Rocketman

My buy order on EEM was unfilled at the blue arrow. So, I missed the $3 move on emerging markets. I am waiting for another entry point, but don't know where yet. *A weekly chart looks less "gap-pier" (for lack of a better term); otherwise, this is just eye-candy. I believe that emerging markets are trading at a discount compared to the US markets; although the...

Rocketman

More technical reasons to support my buying of CYTK stock: CYTK Monthly VIEW: - Monthly double bottom - Monthly rsi14 divergence - Near Support (black line; the middle of a big candle, which also happens to be past support) - Monthly Bull Flag forming WEEKLY VIEW: 4-Hour VIEW (offers another buying opportunity now!: This market can't be any generous. I am long!

Rocketman

A weekly DIVERGENCE on Crude Oil, symbol "OIL". This is nice confirmation of the oil and gas related stocks that I already purchased last week. The symbols were SFY, DO and BBG.

Rocketman

BBG has traced out an uncompleted 8th month Inverted Head and Shoulders Pattern from 08/15/20124 to 04/062015. To be honest, I entered the trade around 19.72 using another pattern, and wasn't going to publish this because I didn't intend to stat long in the trade until I saw this pattern, and I happened to be right smack dab in the middle of it. Targets: 21.49...

Rocketman

I didn't want to publish this last night, but what the heck. It is just an update. Everything I wrote before about GILD remains the same.

Rocketman

I think the SP500 has room for one more leg up. I believe it is a wave 3 on a daily chart. If it falls slowly, then, as I show in the chart, there is plenty of support in the August 2015 coordinate at 2026. As far as the trend holding as these levels, I think the SP500 will make one more rally up to 2128-2166, then fall back to 2026; however, if I am wrong and it...

Rocketman

Buyer Build-Up seems to be forming here..and a channel at fib support. I already entered....as noted. Just need to wait....and enjoy the holiday tomorrow! :)

Rocketman

SFY made a double bottom and a divergence. I purchased it a few days ago. My target is $3.47, but watch price target is $2.83. I wasn't going to publish this, but I didn't write it down in my paper journal; and doing this on a computer is a little convenient.

Rocketman

Interestingly, GILD is both a good investment, a good trade and a good company, and not just a good company. Given the really tiny divergence in my indicators (RSI), a break above the red line is looking possible. Try an RSI(14)..same thing. A TINY Divergence in PVT indicator and volume clues: Weak selling interest expressed in volume and price pattern today. A...

Rocketman

QQQ Bull Flag...... I would like to triple my money with TQQQ, but I am already in trades being currently held. So, I will use this ETF or maybe buy fewer shares with TQQQ. I like this trade because I am buying above the market, so it may not get filled at all if the market goes the other way. Many people may feel bearish, but I am getting every last drop out...

Rocketman

I like how the volume on the new high on March 30th is higher than the volume on the previous high on March 20th. My interpretation of this is that there is more demand yesterday (March 30th) and today at higher prices than the supply on March 20th. A CALCULUS IDEA: I think that this is a better way to interpret supply and demand, rather than having all lot of...

Rocketman

Entered long based on a monthly pullback and because it is a low risk/reward trade. I plan to hold this for 3-6 months if it goes in my favor, which, in turn, would mean that my fundamental understanding of economic indicators is right and makes more sense than short-sighted view in the media; the media which is no sound guide, but entertainment in terms of...