High Risk/Reward New Plays
New Bearish Play | Sunday, January 23rd, 2005
This investment services company looks way overbought and suddenly teetering on the edge of a big breakdown.
Strong Sector, Strong Stock
New Bullish Play | Monday, November 22nd, 2004
We've noticed real strength in this industry group and are picking one of the momentum leaders on a breakout.
New Bearish Play | Sunday, October 10th, 2004
The BTK biotech index just broke down under technical support at its simple 200-dma. Shares of this biotech stock are following it lower.
New Bullish Play | Sunday, October 3rd, 2004
This specialty semiconductor and equipment maker has avoided much of the SOX's weakness during the third quarter.
Getting Aggressive in Biotech
New Bearish Play | Wednesday, September 8th, 2004
The rally has faded and this biotech/drug stock is back under major support/resistance.
Name Your Price
New Bearish Play | Sunday, September 5th, 2004
We're naming our price on a bearish entry for this Internet stock.
Buying A Bottom
New Bullish Play | Wednesday, August 18th, 2004
We're buying a bounce from long-term support in this software stock.
Failed Rallies and New Lows.
New Bearish Play | Sunday, August 15th, 2004
We're adding some speculative plays to the list but they do look very weak!
New Bearish Play | Sunday, July 25th, 2004
We've found another biotech play that is breaking support but doesn't look too oversold.
Rolling Into Another Internet
New Bearish Play | Tuesday, July 14th, 2004
We're going to roll out of one Chinese Internet and into another one.
Big volume, big drop.
New Bearish Play | Sunday, July 11th, 2004
biotech and nanotech should be big business but this stock is aiming lower.
New Bullish Play | Wednesday, July 7th, 2004
An unexplained, high-volume breakout over resistance has piqued our curiosity.
New Bearish Play | Sunday, July 4th, 2004
This security/face recognition company has seen its stock falter over the last several weeks and they look ready to break major support.
Look Out Below
New Bearish Play | Wednesday, June 30th, 2004
Ever since topping out in January, this Semiconductor stock has been tracing out a pattern of lower highs and lower lows and today's selloff has the stock on the cusp of another major breakdown.
Change In Trend
New Bullish Play | Sunday, June 27th, 2004
After more than 6 months in a painful downtrend, it looks like this Telecommunications stock is finally ready to make a turnaround.
New Bearish Play | Sunday, June 20th, 2004
The Chinese Internet group is fading lower and nimble traders can probably catch part of the next leg down.
New Bullish Play | Sunday, June 13th, 2004
The euphoric rally in Security stocks earlier this year was a fun ride if you could get aboard. After consolidating for the past several weeks, this stock looks ready to take another run at the upside.
New Bearish Play | Sunday, June 13th, 2004
Long before the Biotech sector starting to deteriorate, this stock was heading south in a deliberate manner. With the sector now looking quite weak, we're expecting follow-through on Thursday's breakdown.
New Bearish Play | Sunday, June 6th, 2004
The Intel mid-quarter update on Thursday gave the chip sector a reason to rebound but this chip stocks didn't bounce very high.
Investors giving up
New Bearish Play | Sunday, May 30th, 2004
After a disappointing earnings report on Monday and a breakdown under major support on Friday investors seem to be giving up on this tech stock.
New Bullish Play | Thursday, May 12th, 2004
Security-related stocks went ballistic in March and April, following the TASR trajectory. This stock more than quadrupled before plunging back to earth just as quickly, but now it looks like a new base and is ready for another bullish move.
All Coiled Up
New Bullish Play | Wednesday, May 5th, 2004
Following its drop to strong support in March, this Internet stock has finally found some buying interest and appears ready to break out of its month-long consolidation.
Following a leader
New Bullish Play | Sunday, April 25th, 2004
The biotech sector looks ready to move higher so we're following a leader into earnings.
Looking For Continuation
New Bearish Play | Sunday, April 18th, 2004
After delivering the initial breakdown we were looking for, this Technology stock makes the transition from our Watch List to the active play list.
New Bearish Play | Wednesday, April 14th, 2004
In the business of entertainment, this stock has not been showing the bulls the picture they want to see and is breaking down yet again.
Flying High Again
New Bullish Play | Sunday, April 4th, 2004
Airline stocks are taking off and we want to catch a ride.
New Bullish Play | Sunday, March 28th, 2004
After falling back towards earth in the wake of its last moonshot rally, this Satellite Radio stock has built a new base and looks ready to shoot for a new altitude record.
New Bearish Play | Sunday, March 14th, 2004
There hasn't been much for the bulls to cheer about in this Biotechnology stock, as it has been locked in a descending trend since early June. Last week's drop has it on the edge of another breakdown and the opportunity is too good to pass up.
Key Support Holds
New Bullish Play | Wednesday, February 25th, 2004
With the Disk Drive index (DDX.X) rebounding from key support at its 200-dma, this disk drive manufacturer is also bouncing from key support and looks ready to break near resistance and take a run at its January highs.
New Bullish Play | Sunday, February 8th, 2004
The weak little rebound in the dollar came to an abrupt end on Friday and with it, the bout of weakness in gold and gold stocks. It looks like it is time to get back on the long side in this sector and we've got a great candidate to play..
Look Out Below
New Bearish Play | Wednesday, February 4th, 2004
Traders that rushed in to buy the dip after this company produced disappointing earnings have lost the battle, with price breaking down again today.
Back In The Game
New Bullish Play | Sunday, February 1st, 2004
It's hard to believe, but this beaten down Financial stock is on the edge of a major breakout, having already gained nearly 600% from its 2001 lows.
New Bearish Play | Sunday, January 25th, 2004
Following strong earnings, this Networking stock got totally overdone to the upside and judging by the weakness seen through most of last week, it is time for a bit of profit taking.
New Bullish Play | Sunday, January 11th, 2004
Despite weakness in the broad market, this pair of low-dollar stocks broke out with enthusiasm on Friday and both stocks look like they have room to run.
True High Risk/Reward
New Bearish Play | Wednesday, December 10th, 2003
The necessity for a wide stop and multiple possible support levels make this play high risk, but a new P&F downside target and a chart formation that promises much downside to go offer the potential for a high reward, too.
Playing Catch Up
New Bullish Play | Wednesday, November 30th, 2003
The Satellite Radio industry only has two players, and while this one has been lagging over the past year, it appears poised to play catch up with the industry leader.
Down on a Downgrade
New Bearish Play | Wednesday, November 30th, 2003
This electrical components company fell after a downgrade in mid-November. We've watched a bear flag develop and now think a breakdown is imminent.
Ride The Channel
New Bullish Play | Wednesday, November 19th, 2003
The rally in the NASDAQ has been good to this Networking stock, which has advanced steadily within its rising channel. Today's rebound looks like the beginning of the next upward leg and we want a piece of that action.
New Bearish Play | Wednesday, November 19th, 2003
The stock of this diesel-engine manufacturer has been powering down, trading in a possible "b" distribution pattern. It may be ready to break to the downside again.
New Bullish Play | Sunday, November 16th, 2003
A shakeup among its execs sent this stock lower in early October, but it's been consolidating and appears strong enough to lift itself higher.
New Bearish Play | Sunday, November 16th, 2003
Resting right on key support, these two stocks really couldn't give us a better technical setup for a bearish play. If the NASDAQ does continue to the downside next week, they could prove to be nice movers to the downside.
Steeling for a Climb
New Bullish Play | Wednesday, November 12th, 2003
Investors took note of a projected world-wide steel shortage early next year, sending steel stocks higher. This one bumped above resistance that had held for years.
Time for Gold to Shine?
New Bullish Play | Sunday, November 9th, 2003
This gold miner's stock broke above a symmetrical triangle Friday, with strong volume accompanying the breakout.
Dead Cat Bounce
New Bearish Play | Sunday, November 9th, 2003
That's what we're expecting from this new bearish play early next week after Friday's nearly 11% plunge. That is too much of a drop to chase, but a failed rebound below resistance should make for an attractive entry into this breakdown in progress.
The Rite Stock
New Bullish Play | Wednesday, November 5th, 2003
This retailer reported strong same-store sales Tuesday. Wednesday, it broke out of a bull flag. We think it's the right stock for a bullish play.
The View from the Rear-view Window
New Bullish Play | Wednesday, October 29th, 2003
As the stock of this manufacturer of products for the automotive industry climbs, the formation glimpsed from the rear-view mirror is that of a potential inverse H&S.
Beat and Warned
New Bearish Play | Wednesday, October 29th, 2003
Proof of how this market is starting to demand performance, this technology stock has been severely punished for guiding lower despite beating this quarter's earnings estimates.
Under the Weather
New Bearish Play | Sunday, October 26th, 2003
This health-related stock isn't looking too healthy as it slips lower.
Can You Fax Me That Order?
New Bearish Play | Wednesday, October 22nd, 2003
This medical technology stock made plans to acquire another company, but analysts didn't like the arrangement.
New Bearish Play | Sunday, October 19th, 2003
This provider of services to physicians, consumers, and health plans needs to heal itself, but we think it's too late. The stock attempted to move up to fill a gap, but rolled over and played dead instead.
Running Above Round-Number Resistance
New Bullish Play | Wednesday, October 15th, 2003
This IT provider launched itself above $10.00 Wednesday, and it did so on strong volume.
An Earnings Run in Reverse
New Bearish Play | Wednesday, October 15th, 2003
This biopharmaceutical stock may be in for some profit-taking ahead of earnings.
New Bullish Play | Tuesday, October 12th, 2003
We like the chart characteristics on this stock and think it's primed to climb higher, but placed it in the high risk category because it's an ADR and because less than two weeks remain before its earnings announcement.
New Bearish Play | Tuesday, October 12th, 2003
Not everything is looking bullish, as there are some convincing breakdowns in progress. This Health Care stock is putting on a seriously bearish show, capped off by Friday's 6.75% slide.
From 1 to 22 in 31,449,600 Seconds
New Bearish Play | Sunday, September 28th, 2003
This stock zoomed from less than $1.00 to more than $22.00 in a 52-week period. At the end of last week, investors started backing off the accelerator.
New Bullish Play | Wednesday, September 24th, 2003
We don't get to hang ten on this one, but surfing a steadily rising channel can be just as enjoyable. With the pattern now 10-months old, we're looking for this bullish price pattern to give us an enjoyable ride.
New Bullish Play | Sunday, September 21st, 2003
While its price is currently just a shadow of its former self, the low-priced Biotechnology stock is looking strong with Friday's breakout to new 16-month highs.
Cable the News!
New Bullish Play | Wednesday, September 17th, 2003
This manufacturer of cable systems and optical fibers achieved a new 52-week high Wednesday.
Take It Easy!
New Bearish Play | Wednesday, September 10th, 2003
After AG Edwards downgraded this defense-related stock this week, profit-taking shot it down.
Semis Still Surging
New Bullish Play | Sunday, September 7th, 2003
With the Semiconductor index (SOX.X) surging to a fresh 52-week high on Friday despite the broad market weakness, it seems there is still some bullish life in the group. Sure enough, we found another Chip stock that is just now breaking out.
In the News
New Bullish Play | Sunday, September 7th, 2003
The recipient of a positive mention in Business Week this week, this stock had already been scaling an ascending regression channel. Friday it closed at a high not seen since March, 2002.
Are We at War?
New Bullish Play | Wednesday, September 3rd, 2003
If we didn't know better, this defense-related stock's performance might convince us we were still at war.
New Bullish Play | Wednesday, August 27th, 2003
It's been a while since we heard this company's name echoing through CNBC's studios, but we think it's time to hear it again.
New Bullish Play | Tuesday, August 24th, 2003
Investors certainly had a hard time deciding what to do with this stock on Friday, sending it both higher and lower in what turned out to be an 8.8% intraday range. In the end, the bulls managed a slight gain on the day, extending the win record to 7 consecutive days.
Rev That Engine
New Bullish Play | Wednesday, August 20th, 2003
Automotive stocks have been in favor again lately, from retail supply outlets, to shares of the manufacturers, the bulls have been active. So we're going to go a bit further down the food chain, where bullishness is just starting to take hold.
Take Two Aspirin
New Bearish Play | Sunday, August 17th, 2003
This pharmaceutical company has a stuffy head--a head-and-shoulders formation that chills the outlook for near-term prices.
New Bullish Play | Wednesday, August 13th, 2003
It may not be logical that tech stocks continue to build on their gains, but tell that to this stock. It looks ready for a breakout.
From Four to Forty
New Bearish Play | Wednesday, August 6th, 2003
This Internet-related stock climbed from $4.00 to more than $40.00 in less than nine months and now has begun rolling down.
New Bullish Play | Sunday, July 20th, 2003
Breakouts on gap moves are notoriously unreliable, but this software stock did us the great service of following up its breakout gap with a dip back to fill the gap and then charging higher again on Friday afternoon.
Recognize That Pattern?
New Bullish Play | Wednesday, July 9th, 2003
Once again we're playing a successful chart pattern on an internet stock with a tempting story to lure in buyers.
Betting On The Underdog
New Bullish Play | Wednesday, July 2nd, 2003
This technology play is a serious underdog to its nearest competitor but the chart looks too tempting not to roll the dice.
New Bullish Play | Sunday, June 29th, 2003
After completing its 38.2% retracement, volume has been returning on the rebound.
New Bearish Play | Wednesday, June 18th, 2003
There's been no arguing with the bullish run in the Biotechnology sector (BTK.X) in recent weeks, as it has clearly been leading the NASDAQ higher. But with the sharp pullback on Wednesday, the index looks susceptible to further weakness and a quick relative strength study shows this stock is continuing to Underperform.
Clear For Take-Off
New Bullish Play | Wednesday, June 11th, 2003
"Control tower, this is flight XAL, we have one more level to cross. That's all that stands between us and take off."
New Bearish Play | Sunday, June 8th, 2003
After a 100% gain since early April it's time to take some money off the table.
Near New Highs
New Bullish Play | Friday, May 23rd, 2003
The natural gas index is at 52-week highs and this stock is following close behind.
New Bullish Play | Saturday, May 17th, 2003
How about a play without news or earnings to worry about? If you're interested, click inside.
New Bearish Play | Thursday, April 17th, 2003
As the war draws to a close in Iraq, this stock might be on a crash-course with its all time lows.
Deja Vu...Sort Of
New Bullish Play | Tuesday, April 15th, 2003
Internet stocks are zooming higher again. But this time, there's actually earnings growth to justify the upward movement.
A Classic "Tech Wreck"
New Bearish Play | Tuesday, April 4th, 2003
Awful news from Affymetrix sank the biotech group on Friday. The sector weakness pushed this stock below a key level of long-term support.
Business As Usual
New Bullish Play | Thursday, February 3rd, 2003
The war with Iraq has been a monkey on the backs of advertising companies. This stock looks like it could move sharply higher if that burden is lifted.
Pullback To Support
New Bullish Play | Tuesday, March 19th, 2003
Profit-taking took this networking stock back to psychological support on Wednesday. Aggressive traders can watch for a move above intraday resistance to present a buying opportunity.
Back Into the Black
New Bullish Play | Tuesday, March 18th, 2003
Bargain hunters will be interested in this networking stock as it moves into a sizable gap on the bar chart.
Looks Like a Buyable Dip
New Bullish Play | Thursday, February 28th, 2003
Shares of this fiber-optic company have pulled back to long-term support. We're targeting an upside move of nearly 20%.
New Bearish Play | Thursday, February 20th, 2003
If you like those "filling the gap" trade setups, this play will be right down your alley!
New Bearish Play | Wednesday, February 19th, 2003
Shares of this waste disposal company have really been, well...trashed. The technical outlook deteriorated significantly today when shares closed below support.
Recovering From a Tech Wreck
New Bullish Play | Friday, February 14th, 2003
A large downward gap last week appears to have created a buying opportunity in shares of this IT company.
A Healthy Uptrend
New Bullish Play | Tuesday, February 11th, 2003
Shares of this biotech company have done an excellent job of shrugging off the recent market malaise. The stock is trading at new relative highs and looks ready to produce a p-n-f buy signal.
Things Are Looking Up
New Bullish Play | Wednesday, February 5th, 2003
Investors have applauded this company's strong earnings report. Their stock outperformed the NASAQ over the past week and now looks ready to move through resistance.
Breaking It Down
New Bearish Play | Tuesday, February 4th, 2003
Weakness in the biotech sector has dragged this stock out of a tight consolidation range. Shares are now threatening a decline to multi-year lows.
To the Contrary
New Bullish Play | Monday, January 27th, 2003
This chip stock has given back more than 20% in less than two weeks. We're aggressively targeting a rebound from support.
Taking Another Shot
New Bearish Play | Friday, December 17th, 2003
After a brief hiatus, this software stock is making a return appearance to our Play List. Shares are trading at multi-year lows and have just broken below critical long-term support.
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