Stone Energy Corporation [[SGY]] has yet to run like the rest of the gang, so I’m taking an anticipatory trade on a breakout here:
Oil made a solid comeback after the inventory numbers, and oil looks like it’s about to put on a show. I’m playing the freeze with Stone Energy Corporation [[SGY]] .
Note: Also bought some DryShips Inc. [[DRYS]] , and a spec play EEE
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Oil is in BTFO territory
All depends on the dollar. Oil is at a double-top. I’m waiting for confirmation either way before making a move.
double top? I don’t see it.
Double top generally will have a lower high and a lower low, or at least match it’s high before coming down and breaking below it’s low
double top at $82ish going back to Oct. 21. Seems to have broken through. If the backtest holds this week, or it blasts off, oil is going to have a nice run.
In this name for a month – adding here on your chart, thanks!
SD looks good too – stop right under at 200 day
RC, you still in AHD? Looking for a strong close today above $7..
Steel and coal stocks on fire! STLD!
still in AHD. SD looks great and so does CHNG.
Also, keep an eye on NCOC small cap coal
This SGY was urs from 6.00? I remember this. made a few dollars, but DAM! this is 20.00
nice job
regards
chuck
RC – Thots on BX, FIG, KFN charts? at your leisure, appreciate.
KFN – I would wait for pullback
FIG – looks good
BX – my fav out of the three, looks good to go.
God bless you RC – took an anticipatory on BX this AM ~13.95, close above the 50MA would be nice, set my stop below the 20MA, easy to manage. Be well.
BX looks like a really winner, great find!
ID got bombed AH, poor Henry
CPST
CTFO breaking!!
Looks good.
Out of DRYS, piece of shit could not hold 200 day.
So many nice looking charts I just want to buy them all!! hahah..
I hear you, feel the same way.
However, avg, hybrid score approaching 3, need to be careful here.
Don’t let Fly know I gave that info out.
Yeah I scaled out of some stocks today.
All markets in overbought territory.
DOW at the upper range of channel
SPX at top of ascending wedeg
Nasdaq been stuck at this level for 3 trading days
Russel holding steady.
RC, are you a primary swing trader? how long do you usually hold positions and do you scale in and out of out of positions when you hit a certain targets?
Here are some thoughts on some stocks:
AHD looks ready to go higher, nice volume today
BLC pulled back to breakout level
BOOM nice day again and good close
CTFO breakout
ENER looks good to go higher, higher vol coming in
FEED looks to follow other ags higher
HPJ gap up today and doji
IMAX looks exhausted for a bit here
SD holding above 200 day
STLD huge breakout today – steel on fire
any thoughts on the pullback today on CAAS and YGE? how about VISN in this neutral range?
when a stock gaps up and forms a doji, what are your thoughts on that? neutral?
USU
Right here, right now.
steel stocks are BTFO; some good names are SCHN, ZEUS, and STLD
coal stocks also moving with volume – JRCC
PAL, SWC
JJ is that you?
lol Gunners, that’s how I know you’re ol’ school. Good times.
i wonder what happened to that fool. i kinda miss him, to be honest. nothing like hearing someone go: “Listen here and listen NOW! i just put 95% of my trading account and 100% of my 401K into SWC at $13. it’s going higher!!! if you don’t do the same, then you’re a damn fool” and then watch it go from $13 to $3.
Listen here and listen NOW! i just put 95% of my trading account and 100% of my 401K into SWC at $13. it’s going higher!!! if you don’t do the same, then you’re a damn fool
SOLF takes the lead. I must say LTBR 2nd place chart looks enticing: http://spreadsheets.google.com/pub?key=pgO4gR12THCnAD7iNEGwXRw&single=true&gid=4&output=html
simple request: can you put place numbers on the left hand side?
I’ll see what I can do.
Aaaach!
I can’t believe Fly is eating my liver … by one place!
_______
ATPG is creepin’ on suckas. Looks like my picked moved up 5 spots today.
TRAP OR DIE!!!!
word on the street is the DRYS is about to lease some of its vessels, would this be why you bought in?>
@RC, which website do you use for your charting? That’s not stockcharts.com, obviously. Also, what’s the deal with E-Trade. Is she ready to blow? Thx!
ETFC is a tricky bitch, she will pop when you least expect it. With that said, the setup is still good.
Phophet charts.