04/05/2011 Intraday Watering

[Cobra]

Now testing the Friday's high.

[BullBear52x]

How do I post charts on here from freestockcharts.com

Good question, I've tried and failed

Go to getting start on front page if you have question on attach file. very straight forward, looking to see your charts.

[black]

here we go, the breakout, I think there's more because the push up is strong.

buy H1, breakout pullback

[uempel]

Bulls will love it if SPX can stay above 1332.50 in April:

[99er]

SPX
Well...that should do it.
http://99ercharts.blogspot.com/2011/04/spx_9402.html
It's after noon.

[BullBear52x]

Now testing the Friday's high.

Qs still having problem moving pass 5dma. now that your evil plan is met, once sell volume shown up I will give it a go on the other direction.

[AK84]

Am I looking at this Weekly chart of GOOG right ?

A MONSTER ASCENDING TRIANGLE DATING BACK FROM 09?

http://www.freestockcharts.com?emailCha ... f0116003a0

[zombiebraingoo]

How do I post charts on here from freestockcharts.com

Good question, I've tried and failed

you have to first take a snapshot of the chart using microsofts snipping tool or some other screenshot application

http://en.wikipedia.org/wiki/Snipping_Tool

http://windows.microsoft.com/en-US/wind ... reen-shots

[BullBear52x]

Man...that is one hell of a bear flag.

[Cobra]

here we go, the breakout, I think there's more because the push up is strong.

buy H1, breakout pullback

I think it's a failed H1 but the signal bar wasn't good enough. Now multiple support plus potential H2, let's see how's this time.

[BullBear52x]

big buy volume on SPY still

Edited: here is the chart the last spike in volume still a buy.

[black]

here we go, the breakout, I think there's more because the push up is strong.

buy H1, breakout pullback

I think it's a failed H1 but the signal bar wasn't good enough. Now multiple support plus potential H2, let's see how's this time.

agree, i'll buy H2 as well, near ema

[Cobra]

agree, i'll buy H2 as well, near ema

Should be H3 now, if any.

[StrikePrice]

Thanks. im a new trader so sorry for asking any silly questions. this represents a buying opportunity before earnings? or buy after may 2 when its price drops 12%

I personally think there is a floor in aapl at 320 so not sure how you're coming up with a 12% drop after they report. One thing that's always been true with aapl is they set expectations low in order to have good earnings reports. While they've faced some short-term challenges I believe investors will be more concerned with their guidance than what they just did in the quarter (that I feel has already just been priced in) aapl could certainly continue in the downtrend it's been in since 2/16 but it could also reverse and breakout in the next week, more stocks are breaking out of chart patterns than breaking down lately due to the rally, so I think what aapl does, breakout above 350 or continue down, is important for the overall health of the market.

[Cobra]

My evil plan still valid. Remember, it doesn't have to be higher high although I don't see why not higher high here. Just a reminder, any time testing the previous extremes, there's a chance for reversal (I don't see reversal yet).

[BullBear52x]

last sell spike looks like a sellers.

[agnosia]

/cl feeling heavy up here. there is pressure on WTI due to the glut of supply in cushing and there is talk of traders playing the long Brent / Short WTI spread again. If we get a build tmrw i expect crude to run down to 106ish. lots of gaps below @ 105.40, 104.27, and 101.81. Good luck all..

i am short 1333 to help the bears on my charts this is also the retest of the broken wedge on the hourly. man this bull can't be stopped !! hope your evil plan is correct cobra.

[BullBear52x]

This is how I see it, if Friday's high were taken out, the consolidation is over. this is time consolidation and is very bullish in term of consolidation style in comparison to price consolidation.

[biotrader]

Hey Guys...can't post a chart right now... but looks like we are touching the lower trendline that was broken of the rising wedge. Seems like we should be cautious here.

[Simsonic]

Cobra, any ideas about the Nasdaq 100 restructuring? Taking AAPL from 20% to 12% and upping MSFT and GOOG? Do you see AAPL going down and GOOD and MSFT going up short term because of this?