"Everyone has a plan 'till they get punched in the mouth" - Mike Tyson

December 23, 2013

Chart porn

Some MACRO charts of note

Gulf States - Basically a middle east ETF.  for more details click here


Gasoline - a small bull H&S has broken out as it makes a run at key trendlines above.


CRB Index - regained a key support line.  This adds a lot of significance to the line.  Taper signaling a decent inflation rate ahead??



Groups to watch

GEX - alternative energy with a spectacular consolidation.  This includes solars and things like CREE, TSLA


XNG - nice push past resistance.  An explosive look.  here's a link to the components 


SOCL - a great cup with handle look while relative strength has already broken out




Fresh setups, hot breakouts


HBIO - a small biotech breaking a MASSIVE base  A double> triple+ over time?  My favorite fresh breakout out there and it's not close.


HIL - theres a great swing long opportunity here



EGAN - a winning net stock in 2013 has dipped under the 200D.  A strong move over has our interest versus channel lows

SFY- breakout re-test

 CLFD - Networking is picking it up in a big way of late.  No sellers in this stock all year.  A top pick here


AL - the aero cycle is in full force.  This has based nicely after the IPO breakout offering a low risk speculation point for longer term players.


 MWW - small staffing stocks are going CRAZY of late.  This fresh breakout targets 9


 NAT - the shippers have been big gainers, this is one of the best set up charts in the group.  This should see 10 quickly.  Probably has much more in it.


 MTW - I love the tight coil break here.  I own it and am looking for a 30's in 2014.


 JNS - hot group, won't be shocked if this trades 20 a year from now


 CPE - The dip has been bought.  Looks ready to test the recent highs and could lead to much more upside


DSPG - leaving a 4 year base in a big way, likely has at least 35% upside left


 BZH - breaking a 4 year gradual resistance line; this is poised for major gains as are others in the housing sector (hov, spf to name a couple)


MLNX - appears to be turning the corner exiting this long term falling wedge.


INSM - a key bounce at support this week.  This all coming at a major breakout point.



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All ideas shown on this blog represent the authors opinion based on the data available.