thetechnicaltrader.net

Anyone remember clearly canadian? i haven’t had one in a while but i used to be obsessed with these tasty beverages lets say…..13 years ago or so haha? Anywho…… This chart broke out today of a great looking chart pattern on increased volume where i entered at .91 alerted via shout box “Member only feature”. I think this could become a very short term high profit trade. See chart below.

AGIX is a very similar pattern to CCBEF yet hasn’t broken to the upside yet. If this stock breaks out above .73. We need to be long this sucker! See chart below for Technical analysis:

CCBEF

GVHR
SHOR
PARS
SRCH
CNTF*
HSII
CSIG*
DISK
NGEN*
FTWR
OPTV
SVNT
VLNC
AGIX*

Small Cap Stock Pick: CNTF

CNTF made a strong run today breaking out of its bearish descending channel on news of strong earnings and a positive forward outlook. Quoting a PR from yahoo finance.
“The company’s smartphone business nearly doubled sequentially and was well above our projections due to robust demand for dual-mode smartphones,” Jefferies & Co. analyst Brian White wrote in a note to investors. He rates the stock “Buy.”Techfaith also disclosed plans to work with Google Inc. to develop a phone based on the online search leader’s Android operating system.

The company earned $3.2 million, or 7 cents per share, up from a loss of $6.7 million, or 15 cents per share, in the same period a year ago.”

CNTF has a significantly low forward P/E of just 9x earnings compared to the communications services industry average of 23x earnings. With Estimates around .66 forward earnings this gives CNTF a fair future value within its industry of .66 x 23 = $15.18/ share compared to todays closing price of just 6.21 leaving room for a 144% gain from here to be faily valued within its industry. This undervaluation and momentum on the chart gives us a great setup for a short term trade. Price is unsteady at the moment so i don’t have a full out plan for buying just quite yet. But rest assured im watching this closely and you should be too!

Technical Analysis:

GIGM has been a long term favorite of mine that i have traded a few times in the past. I like the way this chart is setting up and think we could capitalize on a move as we head into there earnings call expected march 10th. Price Broke its bullish flag pattern to the upside monday suggesting a continued bullish run. We should expect to see 20.69 horizontal resistance to be broken soon for a further upside move which in turn hopefully snags us a few points! I bought at 20.39 alerted via shout box which is a membership only feature.

technical Analysis :

SBLK caught my eye last week when price broke out of a solid looking chart pattern near 11.50/share and have been watching patiently ever since.  i bought only a small 1/4 position here as earnings are going to be released after tuesdays close.  Analysts are expecting a forward earnings of 1.38 of SBLK which weighs some significant fundamental under valuation as SBLK’s future fair value within the water transportation industry is around $25/share.  Earnings plays are risky and i try to stay away from them the most i can. But i like this setup and SBLK’s valuation. Note: only 1/4 position filled here at 12.18.

technical Analysis :

Feed has been able to become quite volatile over the past months and has yet to see another very strong run as of late. Although the chart is forming a nice looking pattern that could be potential for a very strong day trade of short term swing trade. If price breaks above the last price spike resistance of 11.74 i think going long will present a very possible profitable trade. Keep this on the watch list in the coming days/weeks.

RMDX
FCTY
PTSEF
SRCH
ENDE

CRME
MINI
QTWW
DISK
IMMR
CLZR*
AIRN*
EVVV
VLCM
OSCI
CHNR
FEED*
NYNY*
VRSO
MBI
ABK

Long: 

VRSO
smtx
satc
DIGA
JRJC
ASYT
PTEC
FARO
KONG

UGTH
CHCG
ENDE

Short:

BYD
GLBL
ESI

Long: 

AMNT
UGTH
GSPG
ENCY
THLD
OSCI
LMRA
SEED
FINL
AXYS
AGIX*
VLNC
CALM
VRSO
QTWW
BKHM

Short:
S
ALXN
INCY
DLM

Been watching COIN consolidate for the last couple weeks since our past successful Day Trade short for a 10.19% in one day. Currently price is forming a nice looking ascending triangle formation which could bust out to the upside with a trigger buy price on a break above $11 resistance. If this occurs I want to enter a long position for a short term trade as this breakout could trigger a strong swing near 13 - 14/ share.

VRSO
ASYT
ENCY
CEGE
DIGA*
APWR
VLNC
DROOY
PGIC

OTCBB:

ENEI
CHCG
CAGC
CTUM

Shorts:

APOL
BRCM
SIGM

ENEI
NROM
GTEC
PCLN
CEGE
MCHX
TITN

The Comments on the chart explain the situation:

Technical Analysis:

sdxc
sblk
mpet*
arun
gtiv
nova
Short:

AMMD
GENZ
COCO
TASR

 COCO had a great looking breakdown today as price rallied to the descending resistance line and retraced over 5% on increased volume. As well the short term ascending trend from the recent rebound has been breached indicating that we should see some continued bearish momentum for us to capitalize on. I want to be Short COCO tomorrow. So join me if you want

Technical Analysis:

Small Cap Stock Pick : VISN

VISN was recently IPO’d not too long ago in december and hasn’t done anything too exciting as the market has been extremely weak over this period. Although VISN’s stock chart has become increasing bullish especially after todays breakout of its ascending triangle pattern on increased volume.

Looking forward analysts are expecting 204% revenue growth in conjunction with 338% earnings growth which gives VISN a low forward P/E ratio of 15.21 compared to the industries earnings multiple of 28x earnings. Given these estimates VISN holds a future fair value near $16/share compared to todays closing price of $9 which gives us plenty of upside potential. As well Credit Suisse gave an outperform rating which resulted in todays rally and breakout.

Technical Analysis:

Usually in breakouts like this price will retest the midpoint of the breakout candle. So i want to pick up shares of VISN on a dip at or around 8.30.