Boom - another up day

Posted by downtowntrader | 9/30/2005 07:49:00 PM | 0 comments »


Boom had a nice day today. Would of been nicer to close above the trendline or the 61.8% retrace.. but we still made headway, and the resistance gave nice profit areas for traders. Next week should be interesting with the split looming. Good Luck.

DT

Update

Posted by downtowntrader | 9/30/2005 02:52:00 PM | 0 comments »

Been swamped today, but quick update on 4 stocks.

MNTA: POS
BLDP: lightened up at 5.69 as trendline resistance is there. I also have a tight stop on that one.
HOM: Added in 4.90's
BOOM: Looking good.. Nice pennant building on intraday .. take care cause there is still plenty of overhead resistance.

Good Luck.
DT

boom - updated charts - again

Posted by downtowntrader | 9/29/2005 07:43:00 PM | 0 comments »






I will try to post these as often as I can. Again, just updated the timeframe, and only posted the log version this time.

BLDP

Posted by downtowntrader | 9/29/2005 02:10:00 PM | 0 comments »

Having problems uploading images, but BLDP has a nice cup and handle on the 15 minute chart over the past few days. Broke the pivot point and the bottom of handle should provide a nice stop area. Take your profits as it runs up as there is still resistance on the upside with trendline and 10 and 20 sma's. Also, nice morning star on daily chart.

DT

SCLN - profit taking

Posted by downtowntrader | 9/28/2005 02:19:00 PM | 0 comments »


This would be a good place to take a little off the table. If it breaks past 6, then it would be a buy again. Most indicators are looking good (look at circles in chart below), but there is a little near term resistance with the trendline, and 50 day sma.

DT

Another Boom chart

Posted by downtowntrader | 9/27/2005 07:56:00 PM | 0 comments »


Same chart but log version.

boom - updated charts

Posted by downtowntrader | 9/27/2005 07:33:00 PM | 0 comments »



First chart is using stand fan's based on low / high of recent wave. Second is fan of long time intrenal trendline that has held up pretty well. I have not adjusted any trendlines, merely updated the price and time information.

Note: resubmitted with Closing prices.



MNTA

Posted by downtowntrader | 9/27/2005 12:07:00 PM | 0 comments »


For those of you interested, MNTA is poking it's head over the ascending triangle base.

SCLN on the move

Posted by downtowntrader | 9/27/2005 05:00:00 AM | 0 comments »

SCLN is moving on higher volume. Looks at my previous posts concerning the trading range. Here is a link to my annotated chart on stockcharts.com.

DT

http://stockcharts.com/def/servlet/SC.web?c=SCLN,uu[w,a]dacayyay[dc][pb10!b20!b50!b200!i!f][vc60][iut!ub14!la12,26,9!lh14,3!lc20!ld20!lv25][J59362951,Y]&listNum=4