Part 2 : More On These DOGS

Quick buy update ….

 

 

Dedicated to   KNIGHTS  comment in my first report.     I have to post this now & add charts later or it’ll take an hr. 

I mentioned that I bought yesterday due to action in GDP , SD  EXXI .   I mentioned that I wanted to buy GST  in the comments section. IT IS A BUY NOW, Along with WRES  .

Take a look …GDP, SD, EXXI , GST  .  These are still breaking higher,  they have follow through  .  look at AAV  & FXEN –  The danger  may be  not being in any energy when they start running again I.M.O.

SO what do I think is next, since no one likes to chase?

I see  WRES , GST as a buy right now   NADL, KEG, SFY ,  LGCY,  BAS,  HK  want to break out in my opinion .   DNR,   TPLM , REXX  are good set ups also, not looking quite ready, but could turn higher anytime. .

   SO LOOK AT WRES breaking above the 50sma,  I bought it this a.m.,  looking for follow through ….and SFY  trying to break the 50sma,  buy if  it does or now before it does.        I think  WRES, GST,SFY,   are a buy  NADL, ,LGCY, KEG, BAS   are ready to go soon , in my opinion. Also could be bought in anticipation.

Check back here in a while   ( You will not get another alert) I will add charts of WRES , GST, NADL, SFY, KEG, BAS

 

Note BAS flat base looked like SD 2 days ago riding the 10sma.

BAS

BAS

SD  yesterday..higher today

SD

WRES. I noted this was ready in todays report. I bought this a.m.

WRES

WRES – just broke the 50sma, could move nicely higher soon

WRES 2

GST – see how it rides the 10sma in boring fashion, then surges?  That is what KEG & NADL seem to be doing.

GST

More charts to come…check back

 

NADLFEB 5 in the base…  NADL FEB 5

Close up now after the POP , Bull Flag?

NADL CLOSE UP

SFY –  In the base, ready to break out?

SFY

 

KEG in the base , trying to break out  (Above the 50sma)

 

KEG

Many of these are moving out of bases, some trying to break above the 50sma resistance, others pulling back to them.   These are possibly on the verge of moving higher and I wanted to share them so you can find low risk entries. Use stops and honor them.

 

~ALEX

 

Oh yeah, and every now and then you get one of these  

FXEN  Feb 11th

FXEN

FEB 18   4 trading days later due to holiday

FXEN

 

 

22 replies
    • chartfreak1
      chartfreak1 says:

      You’re welcome. I had just read your comment and then saw GDP, SD, and EXXI still had good follow through . Then I noticed WRES and SFY trying to get above thier resistance, so Thought I’d see if a quick post would help.

      No such thing as a quick post with my charts . lol

    • chartfreak1
      chartfreak1 says:

      It is similar. It looks to have broken above the 50sma and then dropped back down to the 10sma. So lats say you jinxed it (Dont worry, I do that ALL THE TIME : )

      It does look like it wants to break higher soon, if this sector stays strong.

  1. Conrad
    Conrad says:

    Hi Alex. This is a unique and invaluable service you are running here. It has everything … education … daily trade set ups … swift follow up to questions. And always on the money. Your work and attention to your subscribers is very much appreciated.

    • chartfreak1
      chartfreak1 says:

      Hey Ash,

      URRE looks like it may just be getting going too.

      So far these ENERGY stocks have run up and gone sideways , run up, gone sideways, so they may pullback to their moving averages after a run too, try not to buy any too extended above the 10sma. .

      Look at QTWW using a 13 sma only. Pretty good.

      SO expect a few down days here and there too. Again , Dont buy any tooo extended , I like WRES in relation to its moving averages today too. Best wishes.

      • Ash
        Ash says:

        Alright .thanks.will watch it closely. I see Nadl holding up nicely the 10sma so far.I was thinking of an entry with a stop 1:86-1:90.

  2. arigee
    arigee says:

    What do you think about ANR, if i could break 50 sma, what could be target? I bought at 1.28, where would you place stop loss?

    • chartfreak1
      chartfreak1 says:

      I like the coal stocks here near the lows , but they’re pausing a bit. Above the 50 sma it should run to $1.80-$2.00 (Maybe Higher later). Under the 50sma it could drop to $1.15 area if they endure selling.

  3. Carlnetscouts
    Carlnetscouts says:

    Robert, Rare earths look like they’ve made a temporary high today. REE 20 cents off it’s high today. Can you look at a few of them if they settle down? Thanks again!

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