SNDA is breaking out of a very big year long improper cup w/ handle pattern (improper because it is from a downtrend) on strong volume on a day where there was no volume in the market. There has been a lot of green BOP on this last leg up from November and even though it has calmed down appears ready to get green again along with the stock price. Cut your loss w/ a close below the mid December lows, if the stock does not immediately move higher.
GRRF is breaking out of another consolidation area on above average volume. The breakout’s pattern is yet another cup with handle formation and a base on base pattern from the November breakout. BOP is max green and has been max green in all but four days in December, from early/mid November. This is a very beautiful chart. Cut your loss w/ a close below the 12/19 lows or the 50 dma, if the stock does not move up immediately.
CLRT is breaking out of a short consolidation pattern on very strong volume. The pattern is a base on base (first base is the November base) pattern and since the September lows has the stock has been LOADED with green BOP and accumulation. BOP has been max green all December long and all the high volume days are clear accumulation days with the pullbacks coming on low volume. Cut your loss w/ a close below the 1.40 area, if the stock does not produce gains immediately.
LOOK is bouncing off the 50 dma on a surge of volume. The pullback leading to this bounce was on very quiet volume and the previous uptrend from the Sept lows to the Dec highs were loaded with accumulation. BOP has been green since the third day of November and that helps make this a very pretty chart. Cut your loss w/ a close below the 50 dma, if the stock does not move up immediately.
WFD is bouncing off the 50 dma on a surge of volume. The move off of this moving average follows a very beautiful uptrend that was loaded with accumulation. The nice stair step pattern as has had nothing but yellow to max green BOP since the beginning of August. BOP has been max green 9 out of the last 10 days now. Cut your loss w/ a close below the 50 dma, if the stock does not immediately start moving higher.
ZNH is bouncing off the 50 dma on some of the strongest volume this stock has seen. The entire uptrend from the August lows have been LOADED with accumulation and BOP has been yellow to max green since the beginning of July, making this a beautiful chart. The pullback leading to this bounce was on low vol, just what you want to see in a pullback from a strong uptrend. This is a very pretty chart with all that green BOP. Cut your loss w/ a close below the 50 dma, if the stock does not show gains immediately.
WAUW is bouncing through the 50 dma on very strong volume. This stock has been LOADED with accumulation the entire uptrend from March. BOP has been yellow to max green since July. BOP has been a high green the entire basing pattern since September and that only makes this chart that much more pretty. Cut your loss w/ a close below the 50 dma, if the stock does not produce gains immediately.
CNR is breaking out of a cup with handle pattern on very strong volume. This stock is a P.O.S. that should be avoided by newbies. The breakout is on very strong volume after a very quiet basing pattern from September. The previous uptrend had TONS of accumulation in it giving this breakout a high odds of working. Cut your loss w/ a close below the handle’s lows, if the stock does not keep moving higher right away.
SMOD is bouncing off the December lows support area on a surge of volume. This is a pretty chart and the thesis for adding to this position is the same for the original buy. This is a very pretty chart, loaded with green BOP and accumulation. Cut your loss w/ a close below the December lows, if the stock does not move up immediately.
IGLD is bouncing off its December support area on very strong volume. The accumulation on the uptrend from September to December was HUGE. The pullback that followed was on low volume, just what you want to see. The bounce here is coming on good volume and BOP appears ready to run green again. Cut your loss w/ a close below the December lows, if the stock does not continue to move higher immediately.
MVIS is very near breaking out past the December highs. This move is coming on very strong volume, after a low volume basing period the past two weeks. The stock is loaded with accumulation off of the October lows and BOP has been max green almost the entire way. Cut your loss w/ a close below the 2.95 area, if the stock does not continue to move up immediately.
EPHC is bouncing off of support near the 50 dma on very strong volume. The uptrend from September is loaded with accumulation and BOP has been green since mid November. This is a very pretty chart. Not for newbies, however, due to the very low average daily volume. Cut your loss w/ a close below the 50 dma, if the stock does not move higher immediately.
TD is breaking out from a multiple number of bases on very strong volume. The first smaller is base is the month long cup pattern, the second is a five month ascending base, and the third is a ten month base on base pattern. The accumulation on this move off the 50 dma has been HUGE to say the least. BOP has started to pick up to the high green levels. Cut your loss w/ a close below the 50 dma, if the stock does not move up right away.
CRNT is bouncing off the 50 dma on very strong volume, after a very quiet pullback off the November highs. The larger pattern shaping up in this chart is a base on base pattern going back to May. Volume has been extremely strong following the September lows and BOP was max green during that rally into December. BOP is starting to jump to the green again and CRNT looks like it wants to complete this base. Cut your loss w/ a close below the 50 dma and/or Thursday’s lows, if the stock does not move higher immediately.
CHINA is breaking out past the December highs and bouncing off of support on HUGE volume. The accumulation in CHINA from July has been beyond incredible and BOP has been green almost the entire way with just some yellow here and there. I am taking back the CHINA I sold on the way up in October and November based on the fact that this chart says this stock wants to go much higher. If this is a gap and trap and the stock does not move higher immediately, cut your loss w/ a close below the 50 dma and/or the December lows. This is a very pretty chart.
IGLD is breaking out from this flat base on extremely strong volume. I am adding another 50 shares to the 200 I took yesterday. The accumulation off the July lows and the BOP going max green confirms that this stock should see higher prices. If it does not shows gains immediately, cut your loss w/ a close below the December lows.
SNCR is bouncing off the recent December support area (which is close to the 50 dma) on strong volume. The accumulation has been very solid since the October breakout. BOP has also gone to a max green for the past two and a half weeks making this a very pretty chart the past two months. Cut your loss w/ a close below the 50 dma, if the stock does not move higher immediately.
HINT is breaking out of this short cup pattern on EXTREMELY strong volume. This breakout is also a breakout from a longer term base on base pattern. The accumulation on this chart is everywhere since it started trading on the Nasdaq. BOP has been a high green to max green in all but a handful of situations the entire life of the stock. This is an extremely pretty chart. Cut your loss w/ a close below the 50 dma, if the stock does not make gains immediately.
NMGC is bouncing off of the December support area on strong volume. This area also happens to be right near the 50 dma. The accumulation on this chart is massive since the October bottom. BOP has been consistently green to max green the entire uptrend off that bottom. This is a very pretty chart. Cut your loss w/ a close below the 50 dma, if the stock does not move higher immediately.
AOI is breaking out above the recent December highs and is near breaking out from the earlier December highs on good volume. This is a third time I am adding to this stock from my initial entry. This chart is very beautiful with all the accumulation and strong BOP. However, BOP is starting to weaken and volume is not as strong on this move up. Therefore, I am not adding as much as before. Cut your loss w/ a close below the December lows, if the stock does not continue to move higher.
CAAS is breaking out of a very deep cup w/ handle base on EXTREMELY strong volume. This chart is loaded with accumulation all over the place. Looking at the January-February uptrend you can see all that accumulation. The pullback created the cup was done on very tiny volume. When volume did pick up it was accumulation. The right side of the base was then loaded with accumulation. The handles pullback in December was on low volume. And now you have this breakout. BOP has been max green many times in this chart and makes this chart look nice. The stock is more than likely too volatile to new investors. Cut your loss with a close below the handle’s lows, if the stock does not move higher immediately.
AZL is breaking out of a tight three-week pennant formation on very strong volume. This chart is extremely beautiful, minus the red BOP episode in October. But notice during that time, the stock rose. This chart has had a 300% run-up in 2 ¼ months, then pulled back on very quiet volume, and is now breaking out again. This is a very pretty chart that has had max green BOP since the second day in December. Cut your loss w/ a close below the tight three-week pennant’s base, if the stock does not follow-through on the breakout.
GOAM is bouncing off recent support and near the breakout’s pivot point in early December, on above avg. volume. This chart is one of the prettiest charts I have seen in a while. There is no red BOP at all on this chart going back to October of 2005. The accumulation on the right side of this MASSIVE two-year cup base was HUGE. Since all of that massive accumulation, the stock has pulled back now on very quiet volume. The bounce off this support was on much higher volume than any day since the pullback started. BOP has been green since mid-October of 2006 and has been max green for the past 11 days and for all but three days in December. A very pretty chart. Cut your loss w/ a close below the 7.81 level, if the stock does not move higher immediately. More experienced traders can use the lows made that day of the powerful gap-up in early December (around 7.00), if they have a higher risk tolerance.