Entries by Alex - Chart Freak

Just a couple of Trade ideas

March 25, 2014 /4 Comments/in , /by

March 25, 2014    Today I just wanted to look at a couple of charts that look to have decent low risk set ups.

  Low risk, of course, means that if one enters a trade, they also know where to set stops (according to each ones "risk parameter") , and if the stock doesnt do what we thought it would from here,  exit and re-assess. Please use stops.

 I still like all of the set ups on our STEEL STOCKS and I still own   X and AKS , They probably will not move straight up, but they are still acting correctly and may be forming the right side of a CUP

AKS MARCH 25

Here are a few other ideas...

Read More

Looking Ahead

March 23, 2014 /17 Comments/in , /by

                                                                 Header Photo artwork  credit to RUSH and Hugh Syme

MARCH 23, 2014   No one actually predicts with 100% accuracy what the markets will do next, but with a little help from the charts, we may gain some idea of a likely path they'll take. In the last Report the $USD "Popped" and I mentioned that it may pause when it got to the 50sma & go sideways (Chart 1), before resuming higher. So far - that is playing out (Chart 2). What could that mean...?

$USD$USD as expected

Read More

Fast Turns

March 20, 2014 /6 Comments/in , /by

When the markets turn fast, we have to try to keep pace. Yesterday during the Fed commentary , The U.S. Dollar took a sharp turn, and Equities, Treasuries, Commodities and so on were shaking it up a bit too. Lets Start with the dollar...

$USD

Read More

Update : CPE March 18

March 18, 2014 in , /by

Buying CPE @ $6.60 has paid off rather nicely . The CPE update here http://www.chartfreak.com/2014/03/13/cpe/#more-95  showed that the set up was still bullish as it then traded near $8.00. Yesterday & Today it traded around $9...whats next...

CPE UPDATE MARCH 18

 

Read More

Two stocks appealing

March 17, 2014 /2 Comments/in , /by

I'm Still liking Rare Earth set ups( See  QRM, AVL, REE,MCP ) as mentioned in a prior post. They have "Based out" and look to be moving above( and some have finding support above) their Moving averages .

I also like some of the energy stocks like AXAS , MNGA, & a few others are starting to look good.

Let me highlight 2 stocks and why I like them.  SHLO  and MNGA

Read More