The concept here is to use the KEY EARNINGS LEVELS as the important beginning and ending for your regression analysis. That way you KNOW the first and last points are extremely important price levels for the stock you are analyzing. Many times people use various, inconsistent methods to determine where to begin and end regressions and it yields unacceptable...
Today's sells don't make much sense to me (such low volume too!), expecting a leg up in KING. Especially with ER around. More details on chart. 4hr view:
DGLY is a real small time company in the audio & video equipment industry. The industry as a whole has been in turmoil suffer -30% in returns in a 6 month period. DGLY, undeservingly has been outperforming the industry. It only has 3.5 million float so it will experience severe price swings. The company has been suffering financially as total revue has slipped...
This chart is very interesting to me. First check out that near perfect triangle formed by the resistance and support lines. I think this is going to set up a great trade in the bottom right of the triangle. For now now HPQ has a little room to run to the 34 area before butting into the trend line and turning back down to test the support region of $31-32. ...
The SPY is overbought, and is about to decline. Seems like a longer term reversal will be in place. This is a natural adjustment to the interest rate environment. Following the link related to this idea, you'll see a further explanation using the Shiller CAPE Index Plot that is frequently updated on his Irrational Exuberance website. My target price is 180 over...
Here's the crux of the matter: SD reported earnings after the bell today, and there was not much action after the release. The company presentation before the bell could have a big influence over the price action. This could be the catalyst that breaks the price action out of this triangle. There is a powerful set up to the upside here. One could take a long...
I've been doing this analysis by hand since April 28, 2015 in a spreadsheet at Google. 4/28/2015 1:30 PM 46.70% 53.30% 18111 17960 4/29/2015 9:44 AM 40.00% 60.00% 18083 17975 PFE, MRK reported 4/29/2015 2:26 PM 46.70% 53.30% 18055 17975 4/30/2015 9:55 AM 46.70% 53.30% 17968 17970 4/30/2015 10:47 AM 43.30% 56.70% 17930 17977 4/30/2015 3:54...
I will never trade a Violent stocks like NFLX for earnings options trade. Look at these? Literally no surprise. With these tickers you make a little money trading for earnings. But CONSISTENT. Now, do you want the High heavy IV NFLX and not consistent, or Low IV and consistent. Surprise does happen here too. But you can manage it with proper planning and...
This is the third time I have analysed CNC in the last few months. First in December 2014 - then again about a month ago. I have been waiting to see how CNC reacted to the February 2015 stock split which, so far, has been positive. Yesterday saw price break out of a small consolidation. Price in the last month has been in a short range - but did spike down to...
This is a WEEKLY chart of FB. You may need to look at the daily chart to see some of the things I am talking about. If you are a bear, you probably pondered this question all weekend. Last week was not such a great week for Facebook. And Friday was not a good day for Facebook. You had to be wondering if there would be continuation to the downside as this week...
Based on recent material I have read about institutional buying and selling this looks like a perfect accumulation phase. Notes are on the chart :)
American Woodmark (AMWD) has had the EPS forecast hiked from $0.55 just 30 days ago, to $0.57 within the last few days. The EPS has increased by +150% quarter over quarter and revenue has been uptrending for 5 years now. The stock has been in an uptrend since June of 2014 and it continues to power higher on the catalyst that improved home sales and remodeling...
PRTA broke out of longer term consolidation and after a quick run pulled back. It seems to start moving up again now. The moving averages are all sloped up nicely and volume expanded and contracted nicely. With earnings coming in after todays session this might be a nice earning play by buying some calls for limited downside risk.
Bullish on this stock, the book value per share is 2.35 yet the price got scared down to 0.79 because management rescheduled earnings. Sort of looks like a double bottom should be formed once this anomaly is resolved.
Tetra Technologies beat analyst's Q4 earnings expectation with $0.09 versus $0.08 estimated. The chart is forming a double bottom reversal to go long on.
The daily chart shows that KOS shares have been trading in an uptrending channel since the end of last year. Even though Kosmos Energy has had a nice move off of the lows, the stock had still fallen more than 21% from last summer's high on the current bear market in oil. An initial stop loss on a long stock position can be placed under $8.40 (under Tuesday's low)....
Tsla formed a head and shoulder on the weekly charts and is also in a downtrend channel. Lots of stops are building up below $180 and there's no support until $150 where all the buyers are waiting. Tsla needs a big shakeout to flush out all the weak longs who bought at higher prices. Once all the weak holders are squeezed out, the stock will be in the hands of...
TWTR touched Aug '14 support today and opened with a gap up. Is that exhaustion of the recent uptrend combined with forthcoming negative reports today? Or is it an imminent breakout? It's a game of probabilities and psychology. I'm feeling pessimistic today. Full analysis: jmak.ws