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Charts, Stock Picks, and Technical Analysis from an Online Stock Trading Veteran

September 27, 2007

COG MDG UYG Pullbacks 092607

Filed under: Stock Picks — Online Stock Trading @ 6:13 am

I’m looking at a few pullbacks this morning with setups.

COG has found support at the 200 dma. I nibbled some yesterday near the close, and will use the 15 or 5 minute charts for full entry.

cog-chart-092607.jpg

MDG is a favorite gold stock I trade. The trend is up. Watching for the trend line to hold.

mdg-092607.jpg

UYG has a buy setup on the daily chart. Support sits at the 50 day moving average. Higher lows and highs signify an uptrend.

uyg-092607.jpg

September 25, 2007

Nasdaq QID GFIG ICE WFR and AEM - 092507

Filed under: Stock Picks — Online Stock Trading @ 8:32 pm

Charts wouldn’t upload, so just commentary tonight.

The Nasdaq decides to make traders wait one more day for a trend, trading tighter in the triangle. If this move does fall apart, watch for a fast slide down.

QID hits an all time low, breaking below the trend line support.

Yesterday’s suggested setups, ICE and WFR, shot higher after taking their downtrend lines out.

GFIG closed strong. Watch for followthrough.

AEM has pulled back to minor support. With the recent strength, I’m looking for a reversal.

MICC closed strong back above the 200dma.

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