All Entries Tagged With: "uptrend line"
Stocks to Watch for Wednesday 3/25/09
Kimberly Clark Corp (KMB) – Long @ $47.25 with a Stop @ $46.00 and a Target of $50.00 KMB appears to be forming a higher low right at the uptrend line. A break of today’s high should confirm the uptrend and carry the stock back to the area of consolidation from earlier in the year.
Barf! Market Overview – June 26th, 2008
The markets tossed their cookies today, the big three all down around 3% or more. My call last week was that the market (DIA) may pause just long enough to allow the 8-day moving average to catch up, and it did just that before falling off the cliff. Quite honestly I wasn’t expecting anything that [...]
Stocks to Watch – May 30th, 2008
Just about every trading day Trade Artist will list long and short equity setups with defines trigger prices and stop prices. On days where no stocks are listed we didn’t find any good risk/reward setups. Sometimes sitting on your hands is the best approach to the markets. Ticker Close Direction Trigger Target Stop Notes HES [...]
Market Overview – May 9, 2008
Well after a brief month long hiatus I’m back to posting and will try to provide more frequent updates. The last post was on April 7th and I was calling for the market to advance further to at least the 12,900 area. Well we actually surpassed that and went as high as 13,132. I think [...]






