• About

    Hi, My name is Cameron Fous. I Trade for a living and this is my website. You want to make money? Sure you do. Get my real time trade alerts via live video, chat, and email for just $1.66/day.. Click to Learn More

    My Network

    Sponsors

    Subscribe

    •

  • Black Service: $1.66/day!

      Untitled Document
      Live Trading. Come Watch Here!
      black service
      2008 Return
      119%
      Total Benchmark Performance
      Index
      Start Date
      % Return
      Value
      S&P500
      2006-03-30
      41.57%
      759.71
      TTT.net
      2006-03-30
      690.88%
      395440
      Last 5 Closed Trades
      Symbol
      L/S
      Bought
      Sold
      		 Gain/Loss
      LVLT
      		L
      0.84
      0.89
      5.95%
      IPG
      		L
      2.92
      3.01
      3.08%
      AIG
      		L
      1.68
      1.65
      1.79%
      MS
      		L
      10.6
      10.43
      1.6%
      UAUA
      		L
      11.02
      10.77
      2.27%
      All closed Trades

      CLICK HERE FOR FREE TRIAL!

  • Categories

  • Users Online

  • Market News

  • Archives

    •

    Technical Analysis Day Trading Setups: SGN, SYNM

    April 11th, 2008 by Cameron Fous

    SGN is forming a killer looking chart pattern here in the works of a Cup and Handle formation on the verge of making its final move to breakout from its handle at 1.26 neckline resistance. With these spikes in volume on the second half if its cup i feel confident that we should see price make its move to bust through 1.26 so i want to buy now before the breakout even occurs. As price already broke through its short term pennant formation today initiating  a short term buy signal. So i’m going long SGN Friday.

    SGN
    SYNM is a similar pattern to SGN yet a little more volatile and liquid which is what i like to see. Price is currently trading tightly in a bullish pennant formation which should result in a strong upside move if it breaks for the bulls. I want to go long SYNM if price breaks the 1.26 neckline resistance mark.

    SYNM

    More on this topic (What's this?)
    DJIA Technical Analysis: Three Lines in the Sand (Ahead of the Ticker, 11/19/08)
    Fear Louise Yamada (Fund my Mutual Fund, 11/21/08)
    The One Valid School of Analysis (Condor Options, 11/17/08)
    Read more on Signalife, Syntroleum, Technical Analysis at Wikinvest

    This entry was posted on Friday, April 11th, 2008 at 2:34 am and is filed under Day Trading, Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

    3 Responses to “Technical Analysis Day Trading Setups: SGN, SYNM”

    1. Anonymous Says:
      April 11th, 2008 at 8:52 pm

      NICE call, wow.

    2. Anonymous Says:
      April 14th, 2008 at 9:41 pm

      negative on that… due to SGN.

    3. Kristin Says:
      May 6th, 2008 at 8:57 pm

      Yeah, I totally agree. Thanks.

    Leave a Reply