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London session has more liquidity therefore smaller spread than the other periods.

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10/31/2006

Long CGEN, bounce from double bottom making higher high higher low

Filed under: - torero @ 7:59 am

Long @3.05, off double-bottom support, 2nd pullback with good volume, broke the falling trendline, making higher high and higher low, breaking above previous lower low. Targe 4.0, stop 2.4.

CGEN long from double bottom


10/20/2006

Watching RIMM, at bull flag consolidation

Filed under: - torero @ 11:06 pm

After a solid breakaway gap, looking to consolidate for more upside move.

RIMM on bull flag consolidation


10/18/2006

LONG-GOOG pullback at suport

Filed under: - torero @ 6:47 am

Out of the symmetrical triangle and not on second pullback at support and momentum going upwards. Stop 392, target 550.

GOOGLE Long at 392


10/17/2006

LONG NEM - back to 38% retracement and long term trendline on weekly

Filed under: - torero @ 1:10 pm

Long entry. 42.4 held as support. Target 47 and maybe more.

LONG NEM - back to 38% retracement and long term trendline on weekly


10/13/2006

Watching NEM at Trendline Support and 32% Retracement

Filed under: - torero @ 1:41 pm

It’s monthly charts show this is higher high and show 2nd 32% retracement. On weekly, it’s at rising trendline support. Good entry point in next few days if they are up days. Looking for entry above 44.00

NEM at trendline support

NEM monthly 32% retracement


10/12/2006

GOOG broke out of symmetrical triangle

Filed under: - torero @ 11:26 pm

and used it as support. I missed the entry. But will wait for the next pullback. No point in chasing such a volatile stock.

GOOG (GOOGLE) breakout from symmetrical triangle daily


10/10/2006

General Motors (GM) breaking down from rising price channel, bearish

Filed under: - torero @ 1:07 pm

It’s been advancing rapidly past few months in a steep price channel. Now it’s last advance failed to reach the upper channel. Not only that, the big down day that broke the lower channel on heavy volume. Not bullish anymore, consolidation or breakdown most likely.

General Motors (GM) breaking down from rising price channel


Watching AKAM– rising wedge for a short entry

Filed under: - torero @ 2:39 am

Prices are contracting while moving up, trendlines converging; shows a rising wedge. Watching closely to see what it does next. If break below the lower trendline line. If it can confirm by using the lower trendlines as resistance, prepare for a short entry.

AKAM rising wedge


10/9/2006

EBAY- ascending triangle, breakout to be confirmed

Filed under: - torero @ 7:45 am

Watching careful as it is finishing up the reversal for move up, but still need to find support on this pullback to set the stop loss. To buy near 29.00. of where it’s making new high after this pullback.

Ebay Breakout from Ascending triangle
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AMZN Gap Filled Now At Resistance-Short

Filed under: - torero @ 5:13 am

AMZN gapped down then went back to fill it. Right now it’s at resistance. Favors down to near low. Shorting here.

Amazon Short At Resistance After Gap Fill


BA Falling Channel Short

Filed under: - torero @ 5:00 am

Top of the falling channel, turning down

Boeing Falling Channel Short Entry


10/6/2006

Short GOOG at top of symmetrical triangle

Filed under: - torero @ 7:02 am

GOOG consolidating, possible upside, but for now, sell resistance and buy support until breakout. Short 412. Stop 430. Target 377.

GOOG symmetrical triangle


short YHOO, head and shoulders confirmed

Filed under: - torero @ 6:34 am

Head and Shoulders have been confirmed, market is at new highs but GOOG is still consolidating, the sector might be in for correction. Target 18, then 15. Stop 30.

YAHOO weekly head-and-shoulders confirmed


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