jmalone1224

jmalone1224

Going to be interesting to see where the price goes from here when the market opens. Most times the Stoch's are up is when the MACD is on a down tick. But, this time, the Stoch's are on the way down, still high, while the MACD is at its peak with negative convergence. And, there aren't any other recent Bullish patterns at that level to lend support. I don't have a...

jmalone1224

Looking at the relationship between the current up trend in $NBG and Stochastic's; it looks like NBG is about ready to turn back up again. Stoch's is low, @ 17.7x and 25.2x. It may take one more day to go down just a little bit more but, with the decrease in candle size and shadows you can see that the sellers are getting weaker. Tue. or Wed. we should be ob our...

jmalone1224

Started looking at the relationship between Stochastic and chart trends; applying what I've seen, between Stochastic data hitting the low (buy sign) then turning around while the equity takes off on an up-run, with multiple symbols, and following the pattern could prove to make any novice a little bit of money. What more do you need?! Happy Trading.

jmalone1224

Recently have taken an interest in WIN (not positioned yet). Looking at the postings by 1D we have a strong Bullish reversal sign in the candles; a Piercing Line. The first day is a Long Black Candle. Followed by a Long White Candle that opens at a new low, and closes above the midpoint of the first candle. WIN did good work today, and is in fact in a messy...

jmalone1224

Today posted a Gravestone Doji. Along with most other Dojis, they usually appear at market turning points. This one has appeared on a down leg, during an up trend. With the past couple of days we've had in the market, I hope all this technical stuff will hold true, and the cards show the Bulls fighting to turn the market.

jmalone1224

First day is a large white candle, then continued uptrend with an up-gap star, third day is a large black candle closing below the midpoint of the first candle (although this opened within the star). This is a Bullish Reversal sign, although today LDK (as well as most other stocks) have opened low, and seen Bearish activity these past two days. Worse Wed. than...

jmalone1224

I've labeled and color-coded everything to the best my my ability to make this chart as easy to understand and read as possible: One " old " channel, two forks, and a flag. So, it appears AMD has regained control, and stepped back into its original path it laid out when the the up trend started, in 4Q '12. Then, in Feb. '13, AMD veered off-course into no-man's...

jmalone1224

Well, it seems $AMD has reverted back to an old channel it once surfed pre-breakout. It did break out of the channel 4, 5, and 6 days ago but, at the same time AMD was wayyy overbought. Now, we have convergence of the MACD lines, CMF going negative, and the Bollinger Bands narrowing. It shouldn't take too long for AMD to break, after hearing the XBOX news today....

jmalone1224

Looking at two bull flags, and a recent Bullish Engulfment (yesterday), could signal a reversal pattern for RFMD's next leg up. It still has decent momentum, even though its base line Macdee is ( - ). CMF indicates the dollar value has been getting stronger in recent days. Near future looks pretty good for some gains

jmalone1224

Solar is going to be business in the near future. Plenty of room for companies and suppliers to grow. Anyway, what you're looking at is a long green candle followed by a spinning top (today's candle). When that combination comes up it usually means the Bulls are weakening, and there may be an interruption in the current trend. Looking at the CMF indie., its went...

jmalone1224

Decided to take another look at Dominion's chart after not seeing it for months. They've had some tremendous growth since 4Q '12, and the liquid natural gas scene is still very young in its stages. $D has been having some sideways price movement for the past 31 trading-days, which is common for its trend. I firmly believe that Dominion will continue to grow, and...

jmalone1224

Possible, Morning Star in the works. This could signal a reversal pattern. Confirmation will come Tomorrow. (Interesting how NBG has gone from an Evning Doji Star / Evening Star straight into possibly forming a Morning Star) hmmm...

jmalone1224

Looks as if DML (DNN in the real market) has a wedge formation / Downward Wedge going on. I've been watching this stock for a little while now, and I don't think it hasn't found the floor yet; still have some time before we level out, consolidate and break out. From the lows, highs, and trend lines I drew to indicate the pivot points you can see where there are...

jmalone1224

Well, this is pretty much what we all (at least, I did) expected after seeing Friday's close; it's the confirmation of a reversal for $NBG. Although, we did post higher highs in RSI indi. to go with the higher highs on the chart so, expect $NBG to just take a breather from all that climbing, and go back down. How far down? Well, there are a few up-gaps / Rising...

jmalone1224

I've been watching Zogenix for months now, and after a few weeks it just looked as if it was too far gone for anything to happen; a lost cause. Taking another look at ZGNX today, looking back at what happened, I think its finally got something in the works and a breakout in the pipeline. But, hey, I could be wrong. Looks like it's going to have some support at...

jmalone1224

Bullish trend in the Ichi.Cloud confirmed by the recent breakout. How long will it continue, though? Posting higher highs alongside the MACD, but it's way overbought at the moment. Wants to get in so bad, but my gut is telling me to wait until Monday. I hope I'm right about waiting; my wallet could use the money! Maybe a short play on this will prove to be...

jmalone1224

A lot going on, but it's not that bad: Showing 2 channels, with 3 cloned, dotted lines: Resistance & 2 Supports. Long-dotted line is additional support line. Within the lines is the triangle break $ZNGA took, then reversed the triangle. Arrow showing new target for $ZNGA to fill the big gap from the nose-dive it took at the end of 2Q '12. It's on the way there,...

jmalone1224

Looking at a fork from a not-so-old channel, we can see the support lines holding true. That, combined with GREAT momentum, calls for a solid rally of $DRAM. Divergence of MA 9, 12, 20, 26, 50 and 200 in the right order further supports my idea of this going well. Disagree? Tell me why. Agree? Get in now