PFtrader

CHK - double bottom P&F pattern http://www.paf.am/?di=BZW6

URI - double top P&F pattern http://www.paf.am/?di=CEVO

WHR has a pullback in a very strong uptrend http://www.paf.am/?di=A596

And what about you Mr. Appleman, we have made so much money together before? Just give me the sign and I will follow you AAPL! http://www.paf.am/?di=B0OU

Where are you heading Mr. Spyder? http://www.paf.am/?di=J5YG

hmmmmmmmm........ Are we actually in the beginning of a severe bear move - or will we really have the force to break through? http://www.paf.am/?di=3N41

In technical analysis you often find things that make you go hmmmmmm.... http://www.paf.am/?di=N1GL

POT is also performing like something you would not even touch with a long stick, unless you want to be short http://www.paf.am/?di=HB2F

If we go down from here, we will want to be in weak stocks like NE, which is breaking down through the double bottom p&f pattern (chart on right hand side) http://www.paf.am/?di=IH5A

SPY is still hesitating at this technical level. We had two days without much movement. http://www.paf.am/?di=L4XJ

CRM is breaking a technical level http://www.paf.am/?di=MDR0

CCI has a very nice point & figure pattern http://www.paf.am/?di=DBGG

As markets are rallying so is AAPL. A pullback will give us a nice risk/reward entry point. http://www.paf.am/?di=2JGD

S&P500 is still at the previous area of support, the old high from before. http://www.paf.am/?di=4S3L

Facebook - FB - the stock that everybody is scared of has had some great days. Are we running out of steam? How many millions did you say you lost when invested in the IPO?! http://www.paf.am/?di=T2D0

Two cruise line stocks- RCL and CCL Both strong. Looks like a nice industry and a nice ride - not just for the passengers of the cruise lines, but for the speculators as well. http://www.paf.am/?di=JLCE

YELP is all over the place, reminds me of a buddy of mine who was never able to sit still when we we're young. He got in trouble in school all the time. For traders who enjoy trading range action this could be a play. http://www.paf.am/?di=GQTX

And lets compare the relative strength - Which one would a trader choose? Among these nice performers the decision is hard. Based on technicals, AFFY is stronger. Usually it pays off to be in the strongest stocks. The long term shows Affy being stronger, with a current pullback http://www.paf.am/?di=EA07 Same is noted in the short term also, in the right hand side we have the 1 month view, in the left hand side longer term view. Bottom chart on each side is the RS calculation http://www.paf.am/?di=1BG1

Looking at two strong stocks AFFY and OCN http://www.paf.am/?di=QJDG

It is always interesting to see the big picture of the market on a weekly chart of SPY and weekly 5 point figure chart of SPY. We are actually in a clear uptrend, had a pullback, that did not reach the lower trendline in place since 2009. On the short time frame trend line we can the higher high turning roughly at the level of this trendline. On the 5 point figure chart we are in an uptrend, have broken a downtrend line and have a rising 45 degree trendline at our support. http://www.paf.am/?di=GRTB

CNP will we finally fall through the 45 degree p&F trendline? http://www.paf.am/?di=SC5L

How far up can we go? That is the question on many traders' minds right now. Looking at SPY - the rally is on rather low volume. The thrust is weakening. We are now looking for clues, evaluating if we will have a small pullback and go higher OR if we will head down again another leg. We are approaching the resistance zone, the "ice" that we have fallen though, in the P&F chart. On the candlestick chart we can see that we are approaching a short term trend line. http://www.paf.am/?di=F36K

S looks like it will want to head higher. We are pulling back to the gap on minimal volume. http://www.paf.am/?di=EPJ9

Another bullish bar in the market, and we got the reversal to X column in the SPY. Let's see if it will meet the resistance as we identified earlier. http://www.paf.am/?di=HYNH

The Intraday point and figure chart of EXPE tells us we might be breaking the 60 level. http://www.paf.am/?di=8T6V