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ENER

               ENER is emerging from a 2 mo. base and it appears that the trend is changing. There is some resistance around 19.78, a move above that could push price up with the next major resistance at the 200 ema            Here's a weekly chart of ENER showing positive earnings growth over the last 4 qtrs. Their next earnings release: May 11 before market open More...

NARA

                   NARA has broken resistance and approaches another resistance level at 3.50. The chart suggests that it could break through and test the 50ma currently at 4.00Stop loss below the 9ma currently at 3.10*Low volume stock                    NARA met it's target today at $4   More...

Capture Profits - New Picks

Buy Candidate - IART                    I have been finding a lot of setups that like this lately. I will look to buy on a break above the trendline (around 21.87) take profits just below the 20 ma (around 23.50). See an example of a similar trade at the bottom of this page. Buy Candidate - ADSK                    Here is another similar setup and buy candidate. I will enter if the stock moves above the trendline (around 13.00) and take profits at the 20 ma (currently at 13.60). See example of a More...

DXO

                        DXO is finding its way out of this decending triangle pattern and should continue to move higher from here (depending on oil). Stochastics are getting close to overbought, so a short term pull back is possible and could offer a buying opportunity.                          DXO closed above the 50 ema today and continues to trend upward. We might see it consolidate in this area with resistance at 3.00 seeing that the long-term trend is still down. A move above 3.00 and ther More...

PW Looks For A Bounce Here

From Peter Worden's Blog: "The indicator currently shows the DJ-30 to be in a downswing, but I expect we could see an upside reversal here at the trend line resulting in a bounce, just as we saw at both the October and November lows."             Could this finally be the bottom we've been looking for? I hope so because if it breaks below this trend line and selling continues, then things could go from bad to worse!  More...

ATVI

                   ATVI is breaking above resistance around 10.25 look for a move to somewhere around 11.25 a profit of 10%Stop loss 9.69     More...

Why Trade Stocks?

It's obvious to me that my 9 to 5 job isn't going to make me very wealthy, and in order to achieve my financial goals I need to do more than just trade my time for money. That's why I look to trading stocks as a tool to build wealth over time. The best part IMO it is that if you can succeed at it then you can quit your day job !!So what makes trading stocks for a living such an attractive occupation to me?Trade from homeLive anywhere in the worldLow start-up cost (believe it or not)Set your own More...

Capture Profits

After spending much time studying Technical Analysis, I want to share some knowledge with you. Keep in mind I'm not a professional trader, but rather humbled to say in recent months my strategies have been working. Using no more than some simple charting tools and sticking with a trade plan I capture profits from short-term movements in stock price. Hopefully reading this blog will make you some profit too!The attached chart shows ERF Wireless (ERFW) a stock that advanced over 200% in a matter o More...