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Archive for the ‘Modified japanese candlesticks’ Category

Heikin-Ashi and Expedia $EXPE

February 5, 2013 Comments off

 

Heikin-Ashi and Expedia $EXPE  2/4/2013

(Follow-up) Why Facebook Is a Dangerous Short Here $FB $QQQ $GRPN

February 2, 2013 Comments off

 

  1. haDelta reversal + crossover at support
  2. A heikin-ashi reversal candle (Note: Use any trailing-stop to protect against grey swans)

 

Follow-up: Why Facebook Is a Dangerous Short Here $FB $QQQ $GRPN 2/1/2013

An X-Ray of the Market: S&P 500 and Heikin-Ashi $SPY $SPX $DIA $DJIA

January 31, 2013 Comments off

Daily chart:

  • Despite the extended price advance, haDelta shows weakness
  • Bullish but weak

 

An X-Ray the Market: S&P 500 and Heikin-Ashi $SPY $SPX $DIA $DJIA 1/30/2013

Weekly chart:

  • Close to the apex of the consolidation triangle
  • Bullish and undecided

 

An X-Ray of the Market: S&P 500 and Heikin-Ashi $SPY $SPX $DIA $DJIA

Monthly chart:

  • Bullish

An X-Ray of the Market: S&P 500 and Heikin-Ashi $SPY $SPX $DIA $DJIA

How Far Will $AMZN Run? $QQQ $EBAY $SPX $SPY

January 25, 2013 Comments off

Daily chart

  1. Comfortable vis-a-vis its trailing-stop
  2. Despite the sustained uptrend, the haDelta :: SMA(3) bullish crossing offers indications of a strong trend ahead

 

How Far Will $AMZN Run?  $QQQ $EBAY $SPX $SPY  1/24/2013

Weekly chart

  1. Difficult to overcome the haDelta resistance
  2. Caught inside a medium-term consolidation (haDelta is inside an ascending triangle)

 

How Far Will $AMZN Run?  $QQQ $EBAY $SPX $SPY  1/24/2013

Monthly chart

  1. Caution: haDelta is approaching the first resistance level.

How Far Will $AMZN Run?  $QQQ $EBAY $SPX $SPY  1/24/2013

$AAPL Head-and-Shoulders – Target: 320 $QQQ $SPX $SPY

January 24, 2013 Comments off

Apple weekly chart (see below)

Upper pane

  1. Waiting for a resolution of the bearish Head-and-Shoulders following a sustained long uptrend
  2. Price objective: 320 (based on H&S characteristics)
  3. The thickness of the Ichimoku cloud in the next 13-15 weeks suggests a resistance difficult to overcome
  4. Note the change of trend 26 weeks in the future on the Ichimoku chart: Usually, such points warn about a strong trend to develop during this time

Middle pane

  1. The haDelta average SMA(3) was negative (yellow area)
  2. haDelta and SMA(3) failed to become positive (bad sign)

Lower pane

  1. Failures to go above the oscillator’s resistance (50-60 area) = Weakness

 

$AAPL Head-and-Shoulders Target: 320 $QQQ $SPX $SPY 1/23/2013

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