octradr

octradr

Wait for it to enter a gap region and roll in that direction. Take profits after 15-20% gain. HAPPY TRADING!

octradr

A lot of info was gathered from the weekly charts on this one. 1. The mountain top highs throughout all of 2011. There were a lot of them and they were pretty close to each other. I used the last one because it seemed to hold up in multiple areas as both resistance and support. 2. The more recent but still long-term upward trending support line. Nice and...

octradr

Not sure how this is gonna play out yet, but worth watching. It has had quite the run and losses could be substantial. HAPPY TRADING!

octradr

Strong uptrend since July and zillow is now consolidating in a box range. It bounced off of the gap support of 84.23 and the stoch showed an oversold signal. HAPPY TRADING!

octradr

Big Lots started to fill this gap zone in February this year but has not been able to break out of it yet. The MACD has been a good indicator so far and the blue line just recently crossed under the red line. A close under 36.25 will confirm this new downtrend and expect a retraction between 33 and 34. HAPPY TRADING!

octradr

Southwest is having a really difficult time breaking 14.70 and it is near the peaks on the weekly chart. It has made new highs, but given the overbought signal on the stoch and this recent difficulty to push higher I believe a short play with a stop around 14.85 is in order. HAPPY TRADING!

octradr

BUY this NOW and here is why! Reason 1. Bank of America has been on the move up since August of last year. Don't fight the trend without extremely good reason. Reason 2. 100 day EMA has been a very good support and it is getting close to it. Reason 3. A doji formed close to support. Todays candle. Reason 4. The red stoch line has been great at calling bottom...

octradr

I had to show you this weekly chart of NVDA. It has been trading in this range since 2011! If it breaks out of this 16.00 resistance line I would expect an AMAZING upside potential$$$ Just remember that the breakout has to be on the close of the week since this is a weekly analysis. If you are bearish on this stock then right now would be a great time to...

octradr

Ford has been on the rise for a while now and has formed a very good support line. Until this support is strongly broken I would assume the uptrend will continue. The slow stoch line has been a great indicator of bottoms so don't neglect it. There is also a strong resistance line around 17.68. I would open a long position if 2 things happen. 1. The price gets...

octradr

reference

octradr

Gamestop is on an up rampage. It has been going North since August of last year and is in a cosolidation phase. Support for this phase is 48.65 and the upper end of this range is 53. Buying near support will minimize your risk. HAPPY TRADING!

octradr

The shaded rectangle is a support zone for this consolidation. It is also interesting that it is getting ready to meet the long-term support from the weekly charts. Let's see what way this breaks over the next few trading days. HAPPY TRADING!

octradr

Possible reversal pattern in play. If it is...12.83 is the new support. and a good long play would be somewhere near this depending on the amount of risk you are willing to have. Place stop slightly below 12.83. Thanks KLANG for bringing this to my attention. Happy trading.

octradr

You see the range. 4th attempt at breaking 67.50. First red candle. MACD showing signs of weakness when you compare the peaks relative to the highs. Place the stop at 68 and see what happens. HAPPY TRADING!

octradr

Here is another trading range that looks interesting. Great short opportunity with limited risk. Place stop around 30.50 and let's watch it move down. Also notice the divergence on the MACD. This is a long-term bearish signal. We may be looking at a MAJOR pullback. HAPPY TRADING!

octradr

EZ to explain. Look at the channel. It's near the top. Short it now. Place stop around 14.70. HAPPY TRADING!

octradr

Target is oversold and at a discount price. It is in a long uptrend on the weekly chart butit is in one of the valleys right now. This is a great buying opportunity with minimum risk and high reward. Notice that both the MACD and RSI are showing a bullish divergence. This means that their lows are lower even though the stock's lows are higher. I wouldn't think...

octradr

I was going over my watch list and can't believe I missed this breakout a few days ago. It rushed out of the 13.87 resistance line and has had 4 up days in a row. This could be the sleeping tiger we have been waiting for. The MACD is in positive territory on both the weekly and daily and even though it has gone up substantially I believe right now is a good time...