Chart Addict : 08/01/2011

August 30, 2011

August 20, 2011

August 16, 2011

August 11, 2011

SPY

(Weekly Chart) - So far we have held the .38 Fib retracement level at 110.38

DECK

Held support at the 77-78 area. Needs to clear 50d, but watching closely.

IDCC

Has held up pretty well, Watching for a move over 75.00

August 8, 2011

August 5, 2011

SPY

.382 = 110.43

.500 = 102.15

.618 = 93.87

.382 = 1103.05

.500 = 1019.68

.618 = 936.3

August 3, 2011

PPO

Alerts set at 70.00. Looking at a long on a break of this small trend line.

VMW

Finding support today at the 21week moving average. Watching for it to clear the 50dma and back above 100.

WYNN

Taking out the 50dma and finding support along this descending trend line. Nice move off of the LOD on big volume.

MA

Didn't realize MA was reporting. What a squeeze, closing under 300. After taking out this descending trend line it ripped another 20 points.

DECK

What a beast. This what happens to a strong stock when the market lifts.

August 2, 2011

This trade didn't start out well. I have been watching DECK for a while in this channel waiting for a break out. I originally went long at 91 the night it reported earnings. I had my stop placed at 87.75, under the 50dma. I was stopped out by 30 cents I believe the following morning (Friday). I re-entered at 95 as it cleared its 10dma. I had stops under that 10d and 21dma, each for half the position. I took half the trade off at 101 for +6.00 and this morning I took off another 1/4 at 105 for +10.00. As of now, I am holding 1/4 and waiting for it to base above 100.

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