Tag Archives: chart pattern investing

Embrace Volatility – Five Stocks On The Move

The stock market had a great run during the first half of 2013 but because of a lot of uncertainty with foreign markets, the Federal Reserve, and the actual strength of the economic recovery, now the stock market is under pressure and entering volatile uncertain territory. So the question is – do you take your money and run, hold until the market establishes a clear direction, or embrace the volatility and look for short-term profits?

For this post, lets look at five stocks on the move.

stock pattern ckec

Carmike Cinemas, Inc. operates as a motion picture exhibitor in the United States. The company operates digital cinema and 3-D cinema theaters that show films on a first-run basis; and discount theaters primarily serving small to mid-size non-urban markets.

CKEC stands in a very good position in a declining industry. They have managed to turn the company around after filing for bankruptcy by getting rid of under-performing venues, targeting new media outlets and acquiring cash.

This makes them well positioned to buy out or enter new smaller markets and, at the same time, makes them attractive to potential buyers.

stock pattern nus

Nu Skin Enterprises, Inc. develops and distributes anti-aging personal care products and nutritional supplements under the Nu Skin and Pharmanex brands worldwide.

Throughout good and bad markets, Nu Skin has consistently managed to increase revenue growth, profit margins, and cash. This makes them ideally attractive to both value and chart pattern investors alike.

stock pattern pcyg

Park City Group, Inc. operates as a Software-as-a-Service (SaaS) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information. The company designs, develops, markets, and supports proprietary software products to be used in businesses having multiple locations to assist in the management of business operations on a daily basis

Park City has consistently improved it’s top line margins and maintained a good scalable and profitable business model. These improvements have led many to re-evaluate the company and up ratings despite it nearing or hitting 52 week highs.

stock pattern wwww

Web.com Group, Inc. provides Internet services for small to medium-sized businesses in North America, South America, and the United Kingdom. It offers a suite of domain name services, including domain name registration, domain name transfers, domain name renewal, domain expiration protection, and domain privacy services; and domains, such as .com, .net, .co, .org, and .info. The company also provides Do-It-For-Me Web services comprising eWorks! XL, which consists of online marketing, hosting and technical support, telephone number, Internet scorecard, modification and redesign services, and a version of the customer’s Website for mobile devices; custom Website design services; and social media and call center services.

Web.com continues strong growth in revenue, sales and cash flow but still maintains a high debt ratio. Their recent quarterly report beat most all estimates, including future growth, by market analysts. As long as they keep up this quarterly track record, their stock will continue to post strong returns.

stock pattern sprd

Spreadtrum Communications, Inc., a fabless semiconductor company, engages in the design, development, and marketing of mobile chipset platforms for smartphones, feature phones, and other consumer electronics products in Hong Kong, Mailand China, and others.

This well run company in a strong growth market was recently, and continues to be, a buyout target. This initial offer is viewed by some as low, so as other companies look to possibly compete in the acquisition and new offers are made, this company stands a good chance to see its stock price jump more in the near future.

* All charts and patterns were generated on Finviz.com. They offer perhaps the best stock screen on the free market and offers great screening capabilities, analysis and best of all, it is free to sign up. Give them a try. You’ll be glad you did.

March Madness: Momentum Strength vs. Breakout

We’ve come to the Elite Eight of our March Madness Stock Watch and we have two distinctive themes.

Stocks showing a definitive breakout pattern or setup to a breakout and those showing a steady momentum upward within a well defined price channel.

Check out the awesome chart patterns below.

EAST

IRDM – Continues to display wedge pattern, the only question is – will it be able to breakout and win during this crucial week?

eight-irdm-wedge

MRH – Meanwhile, MRH continues to show good rising strength.

eight-mrh-momentum-channel

 

NORTH

BA – Boeing had a great breakout and now looks to establish a favorable pattern before it cools off  and comes crashing back down to earth.

eight-ba-breakout-momentum

BKE – Buckel has demonstrated good form in maintaining a horizontal cooling off period (maintaining support) and then establishing a positive momentum patter after experiencing a similar BA style breakout last year.  But, has BKE reached a momentum swing point with a possible new wedge pattern forming over the past two weeks?  If so, it could be a bumpy ride this week.

eight-bke-channel

SOUTH

DPS – Technically DPS was in a positive pattern upward (but just barely).  After recovering from a violent drop in February, DPS has skyrocketed at just the right time to win each contest match-up this month.  Now it faces the pressure of maintaining this breakout momentum above its top price channel.

eight-dps-channel

INTL – is once again flirting with support lows and has yet to see any movement up to challenge this downward wedge pattern.  It is amazing that they have managed to win this far into the contest.

eight-intl-wedge

WEST

SVLC – a previous “W” pattern (February – March) could have been a signal for a reversal. Now it has to breakout of its trending downward price channel.  The rising support level of the horizontal wedge pattern helps support this effort.

eight-svlc-wedge-w-reversal

TWX – is another stock that looks like it wants to continue in it established rising price channel.  Will it be enough to carry it through to the final rounds?

eight-twx-channel

You can follow this weeks match-ups, as well as the coming Final Four and Championship by clicking HERE!

Presidential Trends, Stock Charts and NFL Predictions of the Week

Presidential Trends, Stock Charts and NFL Predictions of the Week

– In other words: I have totally neglected my blog.

OK, not quite, however: I have not posted much this week due to work and other life events getting in the way taking precedence.

 

 

So here is a quick catch up:

Presidential Trends:

Obama won the election, and the stock market tanked in fear! – Or depression – or Both.  So what do people do when they are afraid and depressed? 

They drink and buy guns!

When Obama was running and won back in 2008 the gun stocks soared in fear!  Fear that HE was going to take away all our 2nd amendment rights.  Of course all the idiots were right back then.  And . . .

Well, sure enough, same thing happened again with the 2012 election.

My stock in Smith and Wesson is up over 18% in just 5 days.

Yes, I have absolutely no problem making money off of irrational fear in the stock market.  Especially when in this case, it follows such a predictable pattern.

Stock Charts: (speaking of patterns)

Apple continues to fall!  I made a prediction about how folks were not looking at the big picture when it came to chart pattern investing and Apple stock.   

Throw in the added downward drivers of:

·         Increases in taxes next year – especially on capital gains.

·         Production supply issues.

·         Not exceeding expectations.

·         Uncertain economy.

And you have all the ingredients of a downward trend.

In terms of the head and shoulders pattern, we are now at the second low point level before the right shoulder.

So folks should be looking to get back in and drive the price up soon but, if the overall patter holds . . .

Look for Apple to drop below 500 by late spring or summer!

Do I hear 450 possibly? 

NFL Predictions of the Week:

TacoMan wins again!   The dude cleaned up last week with a 12 – 2 record AND picking the upset of the week (Steelers over Giants)!

So we start off this week with predictions for tonights game.

 

Colts vs Jaguars.

 

TacoMan: Colts 24 – Jaguars 10

SuperCarlos: Jaguars

NinjaSailor: With a last minute text via special assignment – Colts

RedskinDoug: Colts 27 – Jaguars 13

 

So there you have it, another fun filled action packed post encompassing the best of sports, stocks and predictions.

Until next time:

Be Good, Do Well, Have Fun.