Bulls Power Thru the DOW 50ma In Spite of Eurozone Collapse Worries. FOUS4 Revival Patterns Coming Soon!
Oct 11, 2011 Bullish Stock Charts
Markets powered into the close with full force after what was actually a very boring day. We gapped open strong with lots of side ways action until the final power hour of the markets when a sell off triggered, followed by a violent rally into the close for the bulls. More madness continues intraday in todays market as you can see illustrated by the 3x small cap bear ETF $TZA . The Battle of Bear Shit and Bull Shit! Lots of heavy moves within the session that can throw you off and send mixed signals.
Stock Chart: TZA – check out the last hour of trading.. WTF
But regardless of the action within the session the Bulls had the last laugh as we closed @ highs of the session.. Making that about 1000 point rally in the DOW since the lows were in on oct 4th. Economically i have no opinion on how the markets are gonna shape up from here. Im not an economist and im not gonna pretend understand to know anything better than some guru on tv… that doesnt know wtf hes talking about either.. because no one really knows. But from a technical analysis stand point the short term trend indicators are beginning to lean in favor of the bulls. The market had a few catalysts today that say so. First off the DOW powered through the 50 day moving after today which is typically a good indicator of trend favor. Secondly we powered through the 50ma with a strong marubozu candle. Thirdly, we broke out above the short term descending trendline on the DOW chart. And finally we are pushing strong above the 13ema, of which is my favorite short term trend indication tool, as i explain in my #1 Rated Trading dvd the FOUS4 that im most confident in the FOUS4 patterns when the dow is trading above the 13ema. See the chart below
Stock Chart: INDU
Now this doesn’t mean im all of the sudden bullish on the market. I’m 100% cash right now i dont trust this market for shit. But we are stabilizing coming out of this recent chop with some strong bull power here. We’re far from a trending short term market we are still in the chop shop so overnight holds can be very risky. Plus we have earnings season coming up on top of awaiting to see what the hell is gonna happen with the Eurozone and what kind of plan they are going to come up with to bailout europe. Or if the whole system is going to fail. So despite the market looking semi-bullish here. We certainly still have some turbulent times coming up in the month ahead and heavy sell offs are definitely something to look out for on any sort of bad news.
As far as FOUS4 patterns go they have been pretty slim the past month.. But this whole sell off is great. We have a vast amount of stocks that sold off huge this past 2-3 months and are now popping off their bottoms hard. Which can typically be phase 1 of a revival pattern. So I’m definitely looking forward to seeing what kind of FOUS4 patterns start creeping up soon and we make a killing!
Tags: DOW, eurozone, fous4, stock chart
Hot FOUS4 Stock Charts That make Pam Anderson look like… Pam Anderson!
Sep 14, 2011 Bullish Stock Charts
FOUS4 Patterns: Learn the Fous Strategy on DVD HERE
STOCK CHART: PZG
blahhhhhh i called this out in chat right @ the 2.50 revival break… But.. you guessed it.. i was a big PUSS and didnt buy in… Lots of Black Service members did hop on board on my breakout call here tho i missed the initial PR that was out with it otherwise i prob would have been right there onboard. doh! potential midpoint dip buy
Stock Chart: NEP
Something up here as this spiked big intraday.. nice flag formation here tho on todays candle.. watch for the push to new highs tomorrow
STOCK CHART: FTWR
been watching this for the past week or so and we finally got some big action the past 2 sessions. Still has potential to make some moves here tho the 6-9 month chart is HOT
Stock Chart: MILL
Longed this mugg today great looking survival/revival in action here… Looking for this to pop $4 big ones
Stock Chart : QTM
Solid revival break potential here.. Didnt did get that much spike in volume but potential trend revsersal in play here
Airlines and revivals: UAL, DAL, LCC all looking smokin def potential as this whole industry just heated up today and charts are looking good.
Potential Breakouts
SRCH – otc stock on the verge of a big breakout in play. On watch for that .89 break!
AVNR – if this can break 3.02 we got a revival in play that i will probably re-trade.
7 Hot stock picks heading into the Holidays
Nov 22, 2010 Bullish Stock Charts, Hot Stock Picks
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Heres the 7 hot stock picks with bullish stock charts for the day of 22 in NOV !
* indicates this stock was added to the watch list today
FXEN – watch for a push above 5.97 for a quick trade
PCYC – coming off of support @ 6. solid large pre-break ascending triangle in play
FSII – strong move on friday with big volume. Fous Revival pattern in play here watch for this to punch thru fridays high for buy signal.
LNG – huge 2 year breakout above 5 bux.. potential dip near support levels
DMAN – if this can bust 11 bux we could see a strong move higher
AHS – solid looking revival pattern in play
LIZ – strong breakout above resistance on friday . Looks like this could push near 8
Tags: Bullish Stock Charts, dman, FSII, FXEN, hot stock picks, lng, pcyc
8 hot Stock Picks to add to your watch List for Friday
Nov 19, 2010 Bullish Stock Charts, Hot Stock Picks
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Heres the 7 hot stock picks with bullish stock charts for the day of 19 in NOV !
* indicates this stock was added to the watch list today
*FEEC.OB – big breakout here above the past 2 resistance points @ .70. Strong close this could be a runner.
*MHR – strong breakout to new highs on heavy volume. this could be a runner.
*ELY – solid revival pattern in play
IGOI – nice consoldiation post breakout this looks like its setting up for another move higher
GRZ – breakout now in play as this broke. Heavy volume but not a lot of momentum on the breakout
EROC – made a short term push on the breakout but failed to hold its gains
ROIAK – watch for this to push tomorrow as futures are up
ZAAP.OB – Blew up to 52 week highs again… shoulda bought @ .60 when i first noted this on the watch list….
Tags: Bullish Stock Charts, ELY, FEEC, grz, hot stock picks, MHR, ZAAP
7 Hot Stock Picks to go Long! Futures Up 80 points overnight!
Nov 18, 2010 Bullish Stock Charts, Hot Stock Picks
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Heres the 7 hot stock picks with bullish stock charts for the day of 18 in NOV !
* indicates this stock was added to the watch list today
*IGOI - nice consoldiation post breakout this looks like its setting up for another move higher
*GRZ - watch for a push above 1.61 breakout
*EROC - potential breakout if we push 7.50
DYN - watch this for a pop above 5.15
IMOS - this broke out but didnt get much follow thru
ROIAK - watch for this to push tomorrow as futures are up
ZAAP.OB – chart just broke out today on increased volume. Could be something up here potential play.
Tags: Bullish Stock Charts, DYN, eroc, grz, hot stock picks, IGOI, IMOS, ROIAK, ZAAP
6 Hot Stock Picks to Gander @ following the 200 Point Collapse in the DOW
Nov 17, 2010 Bullish Stock Charts, Hot Stock Picks
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Heres the 6 hot stock picks with bullish stock charts for the day of 17 in NOV !
* indicates this stock was added to the watch list today
*DYN - watch this for a pop above 5.15
*INO - watch this for a pop above 1.34 to new highs
*IMOS - big volume in today post earnings. Watch for this to continue its move tomorrow.
ROIAK - brokeout but sold off into the close.. false break
FLWS - watch for a push above 2.2 for breakout continuation
ZAAP.OB - chart just broke out today on increased volume. Could be something up here potential play.
Tags: Bullish Stock Charts, DYN, FLWS, hot stock picks, IMOS, INO, ROIAK, ZAAP
