Search This Blog


Friday, April 10, 2015

Charts $abbv

Daily looks like a real breakout, if action holdsup.

Weekly suggests the 20sma resistance might make longs wait a bit more.

Tuesday, April 7, 2015

Charts $xon

Bill Miller's conviction on XON, got me looking into it. XON has a hell of a lot of info to absorb, fundamentally. Still working on fully understanding it's potental. In the mean time, I'm observing its trading dynamic. 

Technically, the stock looks really interesting. The 20sma failed, and now its testing the 50. Could bounce around here, until the weekly 14sma trend continues.

Unfortunately, until there is a better handle on the fundies, not really sure where the market cap belongs on this sucker just yet. So the trades are purely technical.

Saturday, April 4, 2015

Charts $tsla

Looks like an interesting entry.

Will there be a flush-out through the obvious support? With a crappy market but better than expected deliveries, maybe/hopefully. (Not sure where the flush-out would end, if it were to happen. Maybe 150, but that seems like too much for simply washing out the stops from obvious support.)

An interesting observation: deliveries, prior to the last few quarters, mimicked  tsla's upward momentum. Assuming this trend kicks back into gear, tsla should move upward. 

Saturday, March 28, 2015

Charts $aapl $amzn

aapl - 120 looks fairly obvious for a potential pop. But a better longer-term entry maybe between the 23 and 38 sma on the weekly.

amzn - 360 looks interesting. If 360 breaks, the 20 sma on the weekly may be the next stop.

Wednesday, March 25, 2015

$fb is not a news destination

Facebook is partnering with media outlets to include news in their walled garden. Should have an interesting effect on the stories being shared. But, as of now, people don't go to Facebook for news. People happen to see news on Facebook. (A difference that will effect monetization.)

Facebook looks to want to make its properties a news destination. Could it happen? With a billion users, there will be a critical mass of core users that probably will. (16% of over a billion is a lot.)

Snapchat's attempt at becoming a media distribution center seems to be working, if looking at data usage, Facebook will have some level of success leveraging their user base.

The same can be said for Yahoo. (Yahoo lacks a popular messaging service. Although that may not be as relevant as people think, at least in the west. Yahoo leverages their users to cross promote and link mobile properties. But I really do wish Yahoo produced an engaging messaging service, worthy of their current efforts in mobile.)

Tuesday, March 24, 2015

Charts $abbv

Tried to re-start its uptrend, but it looks like it wants to chill for a bit longer.

Looking for 58, but 56ish is not out of question.

Sunday, March 22, 2015

Charts $ibm $twtr $mon $yhoo

IBM making the right moves but in a sea of resistence. First stop 165, then 169ish, then the 62sma.

TWTR deviated from its long term negative treand. But kind of dicking around. Looking for it to go between 50-55 soon.

MON looks like it can have a tradeable pop near 110. 

YHOO keeps diverging from baba. Once the street starts to recognize the turn around, its going past 52 quickly. (Anyone else notice the higher quality brand advertising throughout the yahoo network?)