Showing posts with label intc. Show all posts
Showing posts with label intc. Show all posts

Friday, January 27, 2012

REVIEWING CANDLE PATTERN-BULLISH KICKER JAN 27TH

This morning on Twitter, I indicated what I believed to be a potential Bullish Kicker setting up in shares of TVIX. However, it was not to be as the pattern was defeated by market bulls just as the opening bell rang. (Dummy me already took the bait pre-market. Let that be a lesson to you kids, wait for the open tic to confirm) Afterward I thought lets run thru some random charts and show you what a Bullish Kicker looks like, and just how powerful and profitable this pattern is.

Basically you can spot a bullish kicker by a white candle opening that gaps completely above the previous down candle's entire body. Look for at least 2 to 3 new low red/black candles prior to the up gap open. This pattern is easy to anticipate pre-market. It's a very powerful pattern because it causes shorts to cover and brings in new longs. This pattern usually kicks off a good bull run.




Apple gave us a Bullish Kicker right at the 200 day sma-FANTASTIC! Bullish Kicker is highly reliable, but with another confirming signal its like having your cake and eating it too.
Two Bullish Kickers in INTC to confirm the uptrend. One to start the upswing, second one right at the 50 day sma-FANTASTIC!


Microsoft again bull move signaled by Bullish Kicker. Bull moved confirmed once the stock consolidated at the 200 sma average, which then became support.
RIMM gave you a chance to go both ways. First a clear Bearish Kicker with confirming signal of overhead down slope 50 day, then Bullish Kicker reversal that lead to 30% profits on the upswing. FANTASTIC!

Sears Holding-Another one from our NAME BRAND STOCKS THAT GOT KILLED trade list. These are the best stocks because, many hedgies and pensions are involved, so they are backed by big money.

Holding out for the Bullish Kicker pattern got you in safely at the very bottom for a nice, and very predictable run up to the 50 day down slope sma. This Bullish Kicker also came with a Bull DOJI. FANTASTIC!

Conclusion: The Bullish Kicker is a very powerful pattern that often begins a new bull leg or confirms a mature bull move.

This pattern is easy to spot for 1st year traders and can be anticipated pre-market. Being comfortable with this pattern, will give you the comfort to buy up gaps, that might otherwise emotionally be difficult to purchase. Many people have a hard time buying big opening up gaps, they feel as if the move was missed.

Bullish Kicker up gaps, often signal the very beginning of a powerful bull move.

Tim Kathlina

Tuesday, January 10, 2012

After The Bell-Time To Short Semi-Conductors-INTC, AMD, TXN Jan 10th

As we move closer to the high for the year in the S&P,(today reaching my lowest high price of 1290) it's time to begin getting serious about getting short. Today the Semi-Conductor space pulled into view.

Semi companies such as Intel begin reporting earnings middle of next week, into the following week after. Nothing more exciting for me then for stocks to ramp into earnings, and investment strategist(cough) try and front run the numbers such as David Trainer did today:

Buy Intel: a stock for all seasons

Marketwatch Jan 10th David Trainer < http://www.marketwatch.com/story/buy-intel-a-stock-for-all-seasons-2012-01-10?siteid=yhoof2 >
In an increasingly challenging market, Intel Corp. is one of the safest investments with compelling upside potential. That's right, investors get to have their cake and eat it too.-David Trainer

I will make a bet with David that INTC doesn't WOW Wall Street with their earnings report, and notes the strong US dollar, higher labor cost, lack of new compelling tech gadgets over Christmas shopping season as just a few of the reasons.

SMH is the Semi holder ETF. The chart shows the stock has taken out the upper BBands and ramped into overhead resistance levels. Most telling is the R2 figure of 97. Exhaustive study has been done on this, stocks above 98, tend to under perform in the next week or weeks. (Just in time to sucker everyone in for earnings next week)
SOXS is the bear ETF for Semiconductors. Notice our trading RSI<2> indicator is BELOW one. (Love it)
Exhaustive studies show that stocks with one or less RSI<2> readings, tend to outperform the next week or following weeks. Highest Volume by Price is around $55. I look for the shares to ramp to the level without much effort.

Conclusion: Now that the S&P has reach the underside of my top price target range, some short calls such as run, and run fast from Semi-Conductors can be comfortably committed to.
In the coming weeks I expect sell side analyst who believe stocks never go down, will lose their clients a bunch of money.

Tim Kathlina