Tag Archives: stops

Past FibStalker View on Stocks, March 11th, 2013 (English Language)

Hello,

hereunder is the last review on the stocks I featured in my FibStalker View on Stocks sent on March 11th, 2013 to my Newsletter subscribers. I will normally publish this information reviews 8-15 days after they are shared with subscribers. The FibStalker View on Stocks review offers insights into stocks trading, setups and target information for the list of stocks I currently follow on my Blog.  If you trade stocks or want to learn how to analyze them it is good to get the information I share every now and then. To do that you can register my free Newsletter, it only take 10 seconds.

The current list includes: AAPL, ACN, BAC, BBRY (ex-RIMM), BIDU, C, F, FB, GOOG, GS, HPQ and NFLX. Hereunder is the review I have published on March 11th, 2013:

This week I continue on this new section where I review a set stocks I am currently following and that you can find on my Blog’s ‘Stocks & ETFs’ page (this is an ever growing list of tickers). I will build upon the last analysis published to my subscribers on February 3rd Newsletter. I will keep adding stocks to this page and I am open to subscribers’ suggestions, with the only constraint that the proposed stocks must be widely followed and highly participated (high daily volume bigger than 1M) for my analysis and trading method to work. For instance, last week I have added Facebook (FB) to my list, which is now featured.

This week I will briefly review AAPL, ACN, BAC, BBRY(w), BIDU, C(w), F(w),  FB(w), GS(w), HPQ(w) and NFLX. The stocks with a (w=watch) after the ticker are those you want to closely monitor in the coming days because they could offer opportunities in the very short term on the daily chart. You can review the last video-analysis and plans for the stocks using the links provided below on the right of the stock ticker.
Hope you will enjoy this new section. Please spend time to study the setups and review the video-analysis I will keep recording in order to understand how I analyze price. This week I will briefly review AAPL(w), ACN, BAC(w), BIDU (w), C, F,  FB(w), GS, HPQ (w), NFLX and RIMM(w). The stocks with a (w=watch) after the ticker are those you want to closely monitor in the coming days because they could offer opportunities in the very short term on the daily chart. You can review the last video-analysis and plans for the stocks using the links provided below on the right of the stock ticker.
Hope you will enjoy this new section. Please spend time to study the setups and review the video-analysis I will keep recording in order to understand how I analyze price.

AAPL (last analyzed on February 17th, 2013)
There are no more doubts now that the stock is moving into its all the way low to highs retrace at the 350 area. It is currently trading a 483 resistance area and entry long with targets at 412 and then 375. If price bounces off the 412 level after hitting the target we could see a retrace into the next resistance level and entry short at the 448 area with a new target into the 396 area; otherwise we could see a continued slide into the second target at 376 before a meaningful and tradeable short.

ACN (last analyzed on February 17th, 2013)
As anticipated the stock hit the current measured move long first target at 75.30 and is continuing towards the second target at the 81 area. If it retraces after hitting that second target, we could see a new long extension setup at 76.50 with two new targets at 83.30 and 86.80.

BAC (last analyzed on February 17th, 2013)
Although price pierced the indicated 11.50 level on the downside in the last few weeks, price also held the long setup at 11.20 (with a stop below 10.90). So support in the stock is still holding and was able to push price higher all the way into the weekly resistance again, located at 12.40. Price again reacted at that level showing that sellers are still willing to sell the 12.40. At the moment this stock is range bound between 11.20 and 12.40. Longs have traded but short have traded too. Be careful.

BBRY (last analyzed on February 21st,2013)
(data problems for BBRY due to change of ticker: previous ticker was RIMM. It was analyzed on the Mid-Week update sent on February the 21st, 2013).

The stock is completing a test of the 12.30 support level with a stop below 10.80, the line in the sand. If the 12.30 area holds and price moves away from this level the first target is at 21.10 area. Below 10.80 the stock will need to be re-evaluated.

BIDU (last analyzed on February 17th, 2013)
After the gap down the stock kept moving lower and bounced from a long-term support level at 87.90. This support, however, was not enough to break the next traditional short setup on the daily. In fact price traded a traditional short with resistance and entry short in the 93.40 area, with a stop above 95. The long-term support at 87.90 would have had to break that 95 level to restore trust in longs, but this hasn’t happened. The current daily short setup has a first target at 84.50 helping prices lower into that 74.45, which is the first target of the larger short area located at the 110.30 area.

C (last analyzed on February 17th, 2013)
After trading into the that 44.40 level indicated in the last two reviews, price retraced all the way into the long setup in the 40.90 area. Price also briefly dipped below that 40.30 level of stop (with a low at 40.28) when the general market (S&P500) traded into its next measured move long, and then moved higher touching again the 44.40 first target level and continuing towards and hitting the second level at 46.30. If the stocks takes a breather here it could come into the next extension measured move long at 45.75 with a stop below 45.45 and targets in the 47.10 area (1st target) and 47.90 area (2nd target).

F (last analyzed on February 17th, 2013)
Ford failed the sequence of measured moves higher on the daily chart and is definitely under-performing the general market. The 13.20 is a resistance level and if price stays below it a good short would be at around 13.10 with a stop above 13.50 bringing price into the 11.60 level. Above 13.50 we can return back to the 13.90 area of resistance and find sellers again. But if price continues higher the target would be the 15.40 area. I consider current support at 12 a bit dodgy because it come from a non-valid trace, i.e. a retrace that Program Trading would not take into consideration. Unfortunately the situation is still unclear. Price would have found support at 11.60 I would be more prone to think that last week’s rally had legs.

FB (last analyzed on February 17th, 2013)
The stock was pushed higher into the next area of resistance starting at 29.20 but stopped below it at 29.08 and kept moving lower. The first target at 26.10 has not been hit just yet and the 29.20 area of resistance, with a stop above 29.80 is still valid. The targets for the lager move lower is at 11.10, which will be confirmed if price moves below 23.20.

GS (last analyzed on February 17th, 2013)
The correction in the general market brought the stock price down at the 147 area well above that 142.90 area indicated in the last review. The anchor being used by Program Trading to trade this stock could not be foreseen before the fact. The current long setup at 147 has stops below 144.10, and first target in the 164.50 area.  The inner move higher in the last week is showing support at 151.90 with a stop at 150.50. If price stays above the latter level (150.50) the stock can be traded with targets at 159.70 (1st target, previous highs) and then 163.80 (2nd target) helping price into the 164.50 long target.

HPQ (last analyzed on February 17th, 2013)
The bullish scenario that was still open in the last review played out. Price was supported in the 16.20 area and never came below the 15.80 threshold. Price gapped up right at that 18 area (1st target) indicated and traded to and through the 19 area (2nd target). This is a very important development, because now this stock has the potential to trade all the way into 33.10. The next extension long on the daily chart shows support at 20.60 with a stop below 20.35, with targets at 21.60 (1st target) and 22.20 (2nd target). Below 20.35 we could see price retrace into the 19.40 area (with a stop below 18.90) which could bring price higher into the 22.20, on its way to 33.10.

NFLX (last analyzed on February 17th, 2013)
Price is still in that large resistance area starting at 179 and could move all the way into the 209 level. Price is supported by the 174.80 area with a stop below 174.35. This setup has already traded to the 1st target at the 196 area indicated in the last review. If price stays above 174.35 we could retest that 196 area and move higher into the second target into the 206.40 level. Below 174.35 level we could see a larger retrace lower. If you are in a long, let profits run.’

Need to prepare for your trading week or just want to get a different opinion on the financial instruments you follow? Are you new to trading and want to start with the right steps. Do you want to understand more on how I use my method based on measured moves inferred by observing the effects of Program Trading on price and the proprietary Fibonacci Stalking technique for directional trading of index, forex and hedging futures, forex pairs and some high-volume stocks?

If you want to have access to the content and watch the video reviews as soon as possible, as well as, receive the material every weekend, please subscribe my newsletter. It’s free and you get additional content, comments, setups, e-books, articles, learning material and video-analysis that I don’t make available on my blog. Tomorrow too I am going to send out a special mid-week assessment of the Euro-Dollar cross, the Dollar Index and the S&P500 index, along with actionable trading plans for the Euro and the S&P500.

Subscribe my free newsletter to get ideas on stocks, forex and futures setups and learn to analyze price and supply and demand.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

Advertisements

Leave a comment

Filed under English language, Newsletter, Stocks, Trading Plan, Weekly review

FibStalker View on Stocks, February 17th, 2013 (English Language)

Hello,

hereunder is the last review on the stocks I featured in my FibStalker View on Stocks sent on January 17th, 2013 to my Newsletter subscribers. I will normally publish this information reviews 8-15 days after they are shared with subscribers. The FibStalker View on Stocks review offers insights into stocks trading, setups and target information for the list of stocks I currently follow on my Blog.  If you trade stocks or want to learn how to analyze them it is good to get the information I share timely. To do that you can register my free Newsletter, it only take 10 seconds.

The current list includes: AAPL, ACN, BAC, BIDU, C, F, GOOG, GS, HPQ, NFLX e RIMM. Hereunder is the review I have published on February 17th, 2013:

 This week I continue on this new section where I review a set stocks I am currently following and that you can find on my Blog’s ‘Stocks & ETFs’ page (this is an ever growing list of tickers). I will build upon the last analysis published to my subscribers on February 3rd Newsletter. I will keep adding stocks to this page and I am open to subscribers’ suggestions, with the only constraint that the proposed stocks must be widely followed and highly participated (high daily volume bigger than 1M) for my analysis and trading method to work. For instance, last week I have added Facebook (FB) to my list, which is now featured.

This week I will briefly review AAPL(w), ACN, BAC(w), BIDU (w), C, F,  FB(w), GS, HPQ (w), NFLX and RIMM(w). The stocks with a (w=watch) after the ticker are those you want to closely monitor in the coming days because they could offer opportunities in the very short term on the daily chart. You can review the last video-analysis and plans for the stocks using the links provided below on the right of the stock ticker.
Hope you will enjoy this new section. Please spend time to study the setups and review the video-analysis I will keep recording in order to understand how I analyze price.

AAPL (last analyzed on January 24th, 2013)
The area of support starting at 453 held so far and was capable of pushing prices higher. With the violation of the 477 level on the upside we had failure of the sequence of measured moves lower in the weekly chart. A confirmation will be given if current levels at 460 hold and price does not dip below 452. Above the 452 it is possible for the stock to rally into the 496.20 area, next level of resistance. From that area the move lower could resume or price could keep moving higher into 514.70 area. Above 510-11 there is the possibility of higher prices, but not before a larger retrace (please refer to the trading plan published on January 24th, 2013)

ACN (last analyzed on February 3rd, 2013)
On the longer-term timeframe this stock has a support in the 55 area with a first target at 71 (already hit) and a second target at 79.30. On the daily chart the support at 64.50 identified in November 2012 held and price kept moving higher and is on its way to the target at the 75.30 as anticipated in the previous analysis. If the stock will keep moving higher with the market the next target is at the 81 area.

BAC (last analyzed on February 3rd, 2013)
Price has been moving higher based on the setup provided on Jan 13th, so congratulations to those who took it and maintained the position. Price is now approaching the first target indicated at 12.70 area, however it has reversed in that 12.40 area that represent the beginning of a weekly area of resistance. A confirmation of that area of resistance with a continuation lower will be provided if price falls below the 11.50 level. Otherwise we could see price keep moving higher into 12.70 and then 13.40 (2nd target). In the past I have proposed price action forecasts for this stock. One of them was verified on Dec 18th, 2013. The levels indicated in this forecast are not random level, but they were rather derived applying the trading rules of the method, based on the observations of the effects of Program Trading on price.

BBRY (last analyzed on February 3rd, 2013)
(data problems for BBRY due to change of ticker: previous ticker was RIMM. It was analyzed on the Mid-Week update sent on February the 21st, 2013).

The swift move lower onto the 12.30 area where I anticipated long participation from Program Trading bounced and then came to make some sort of a second re-test of that support area. Stops are still below 10.80, which is the line in the sand. Below this level something is wrong and the stock will need to be re-evaluated. But, so far the long is still working and we have a target into the 21.10 area (1st target) and then 25.70 (2nd target). As price moved already above 16, after testing the 12.30 support area, the targets were confirmed. A retest of the 12.30 area could now hold and the stock has the potential to see the first resistance area at 38.

BIDU (last analyzed on February 3rd, 2013)
In the last review I have indicated the bullish scenario as the most probable, but the bearish scenario played out. The stock found short participation in the resistance area starting at 110.30 area and has been moving down in the last two weeks, with a gap down, which makes it more difficult to analyze price. In a continuation lower price should not move above 102.30. The short scenario as currently a target into the 74.45. The stock could be entered short in a retrace higher on the daily chart.

C (last analyzed on February 3rd, 2013)
The stock traded into and through that 44.40 level indicated in the last review.From these levels we could see a deeper retracement. If that’s the case the next retracement should come in the 42.80 area. Targets, in this case, would be at 45.50 (1st target) and then 47 (2nd target). On the other hand, if the stock keeps trading higher in extension the next stop will be the 46.20 area.

F (last analyzed on February 3rd, 2013)
The resistance starting at the 13.90 area kicked in at the beginning of February and there were participants on the short side who brought price into the next support area at 13. So far bulls kept defending the 12.65 level which is the line in the sand for a larger retracement into the 11.60 level. We have resistances at 13.40 and 13.90 (strong) areas and it still looks risky to go long at this level, although should the market keep moving higher, Ford could pick up from here with targets above at 14.90,16 and then 18.80 area. The market moved laterally on top of 13.00 support in the last two weeks, so you can still probe a long here or wait for a safer retracement into the 11.60 area, which could be reached if the general market makes a small correction.

FB (last analyzed on February 13th, 2013)
The last analysis on February 13th, 2013 is still valid.T he stock is currently reacting higher and price could be pushed into the next short selling entry area between 29.25 and 29.80, with stops above 30.50. The targets for the lager move lower is at 11.10, which will be confirmed if price moves below 23.20! On the smaller timeframe targets will be in the 26.20 and 24.50 areas, but given the larger target the potential for this stocks is very large too, with a potential 60% gain.

GS (last analyzed on February 3rd, 2013)
The stock kept moving in a grind higher very similarly to the general market and it could correct swiftly with it. New longs look very dangerous in this stock and it would be better to wait for a larger retrace that, at current highs could bring prices into the 142.90 area before a new continuation higher.

HPQ (last analyzed on February 3rd, 2013)
Nothing changed in this stock, although I can now see potential bearish developments. We have still two opposing setups. On the short side, the bears were able to defend the next weekly short starting at the 16.40 area and all the way into the 17.7 level that was never violated on the upside. Bulls, on the other side, were able and still supporting price in the 16.20 area. If this continues and bulls are able to defend the 15.80 threshold, there is a possibility of a continued move higher into the 18 area (1st target) and even the 19 area (2nd target). If bulls lose the 15.80 level it’s possible that price will slide into the 14.40 area and even lower to retest lows at 11.40. Stop-loss for long positions is still below 15.80.

NFLX (last analyzed on February 3rd, 2013)
On Jan 13th I wrote bulls were in control of this stock and I said price could get back to the 133 and even the 179 resistance level. The stock respected the support in the 158.50 and hit the 186 (1s target) indicated in the last analysis. Price now entered the resistance level starting at 179 and could move all the way into the 209 level. The current long setup being traded is the next traditional long with support in the 173.60s and 1st target at the 196 area, while second target is at 207.50, very close to that 209 failure level of shorts on the larger weekly timeframe. Let long profits run.’

Need to prepare for your trading week or just want to get a different opinion on the financial instruments you follow? Are you new to trading and want to start with the right steps. Do you want to understand more on how I use my method based on measured moves inferred by observing the effects of Program Trading on price and the proprietary Fibonacci Stalking technique for directional trading of index, forex and hedging futures, forex pairs and some high-volume stocks?

If you want to have access to the content and watch the video reviews as soon as possible, as well as, receive the material every weekend, please subscribe my newsletter. It’s free and you get additional content, comments, setups, e-books, articles, learning material and video-analysis that I don’t make available on my blog. Tomorrow too I am going to send out a special mid-week assessment of the Euro-Dollar cross, the Dollar Index and the S&P500 index, along with actionable trading plans for the Euro and the S&P500.

Subscribe my free newsletter to get ideas on stocks, forex and futures setups and learn to analyze price and supply and demand.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

Leave a comment

Filed under English language, Newsletter, Stocks, Trading Plan, Weekly review

FibStalker View on Stocks, February 3rd, 2013 (English Language)

Hello,

hereunder is the last review on the stocks I featured in my FibStalker View on Stocks sent on January 13th, 2013 to my Newsletter subscribers. I will normally publish this information reviews 8-10 days after they are shared with subscribers. The FibStalker View on Stocks review offers insights into stocks trading, setups and target information for the list of stocks I currently follow on my Blog. This is an ever growing list I have added Goldman Sachs (ticker: GS) in the last week and I am going to add Facebook (ticker: FB) tomorrow. If you trade stocks or want to learn how to analyze them it is good to get the information I share timely. To do that you can register my free Newsletter, it only take 10 seconds.

The current list includes: AAPL, ACN, BAC, BIDU, C, F, GOOG, GS, HPQ, NFLX e RIMM. Hereunder is the review I have published on February 3rd, 2013 (now including GS):

‘This week I continue on this new section where I review a set stocks I am currently following and that you can find on my Blog’s ‘Stocks & ETFs’ page (this is an ever growing list of tickers). I will build upon the last analysis published to my subscribers on January 13th Newsletter. I will keep adding stocks to this page and I am open to subscribers’ suggestions, with the only constraint that the proposed stocks must be widely followed and highly participated (high daily volume bigger than 1M) for my analysis and trading method to work. For instance, in the last two weeks I have added GS, which is now featured.

This week I will briefly review AAPL(w), ACN, BAC(w), BIDU (w), C, F(w), GS, HPQ (w), NFLX and RIMM(w). The stocks with a (w=watch) after the ticker are those you want to closely monitor in the coming days because they could offer opportunities in the very short term on the daily chart. You can review the last video-analysis and plans for the stocks using the links provided below on the right of the stock ticker.
Hope you will enjoy this new section. Please spend time to study the setups and review the video-analysis I will keep recording in order to understand how I analyze price. AAPL (last analyzed on January 24th, 2013)
It seems the stocks started to get some traction on the upside and traded a traditional long on the daily chart with a support level at 448.70 and stop below 445.10. There is probably still time to take a long here. However to state that bears have failed on the daily timeframe we will need to see price above the 475.90-476 levels. If that happens we have the potential to move into the 570 area, given that the general market keeps moving higher.

ACN (last analyzed on January 13th, 2013)
On the longer-term timeframe this stock has a support in the 55 area with a first target at 71 (already hit) and a second target at 79.30. On the daily chart the support at 64.50 already identified in November 2012 held in the last few weeks and was able to push prices above previous highs. Price could hit target at 75.30 soon after it kept swinging in the 64.50 to 71.50 (as we had anticipated). It’s late to take a position in this stock which could well continue higher into the 79.40 second target area and even above into the 81.20, before a retracement.

BAC (last analyzed on January 13th, 2013)
The setup provided on Jan 13th, played well, so congratulations to those who took it. The entry was at 11.20 and price never came below 11 (while stop-loss was below 10.85). If price comes back you could try to get partials in. We now have targets in the 12.70 area (1st target) and 13.50 area (2nd target) well into the weekly resistance level. For this stock I also proposed a nice price action forecast which was then verified on Dec 18th, 2013. Those were not random levels, but they were rather derived applying the trading rules of the method, based on the observations of the effects of Program Trading on price.

BIDU (last analyzed on January 13th, 2013)
If you are still in a long from the 95.80 support area provided in the past, it must be considered that this stock has support in the 107 area all the way down to the 105.20 level. There is a bullish and a bearish scenario. In the bullish scenario you can add at the current levels (or in the 107 area if price gets back there) with a stop below 105.20. The bullish scenario has a continuation higher towards the 118 level (1st target). The bearish scenario would see price slicing through the 105.30 level and then coming back into the 100.50 area. At the moment a continuation higher (bullish scenario) seems more probable.

C (last analyzed on January 13th, 2013)
Bulls are still in control in this stock and the possibility I had mentioned on Jan 13th materialized as the stock kept trading higher and into the 44.40 level. Now it is at 42.95 and in the  44.40 area we could see a deeper retracement. If that’s the case the next retracement should in the 41.70-80 area, if price keeps trading in extension. Targets, in this case, would be at 45.90 (1st target) and then 48.10 (2nd target). I anticipate price to keep trading in extension into the 51.30 top of the range area. It’s late for a setup now but you can wait for 41.80.

F (last analyzed on January 13th, 2013)
The stock hit the second target indicated on the last Jan 13th review. Target was at 14.20 and price moved into 14.30. The resistance starting at the 13.90 area kicked in and there were participants on the short side who brought price into the next support area at 13. So far bulls were able to defend the 12.65 level which is the line in the sand for a larger retracement into the 11.60 level. We have resistances at 13.40 and 13.90 (strong) areas and it looks risky to go long at this level, although should the market keep moving higher, Ford could pick up from here with targets above at 14.90,16 and then 18.80 area. So you can probe a long here or wait for a safer retracement into the 11.60 area (which could never come).

GS (last analyzed on January 28th, 2013)
The stock did not correct as anticipated in the Jan 28th plan, but kept moving higher in extensions with a support at 142.60 and targets at 148.8 and 152. We will need to wait a failure of the sequence of extensions before a larger pullback.

HPQ (last analyzed on January 13th, 2013)
We have two opposing setups in this stock. On the short side, the bears were able to defend the next weekly short starting at the 16.40 area. Bulls were not able to push price above the 17.7 level that would confirm their new control on the weekly price. Bulls, however, were able to support price in the 16.20 area. If this continues and bulls are able to defend the 15.75 threshold, there is a possibility of a continued move higher into the 18 area (1st target) and even the 19 area (2nd target). If bulls lose the 15.80 level it’s possible that price will slide into the 14.40 area and even lower to retest lows at 11.40. Stop-loss for long positions is below 15.80.

NFLX (last analyzed on January 13th, 2013)
On Jan 13th I wrote that bulls were in control of this stock and I said price could get back to the 133 and even the 179 resistance level. Price printed an high at resistance in the 177 area and is now trading there since a few days after a huge gap up. The stock has support in the 158.50 area all the way down to 150. If bulls lose the 150 we could see a deep retracement back to 115 and this area of support could easily give way. On the other hand if we hold current levels (stops below 150) we could see 186 (1s target) and 200 (2nd target). Above 209 we could easily move back to the 300s in extensions long moves on the daily chart.

RIMM (last analyzed on January 13th, 2013)
Price action in this stock confirmed a failure of the bears to keep the stock trading in extensions shorts for the time being. This means that the stock should now start a sequence of measured moves higher potentially into the 47 area. Last week the stock moved quickly to the 12.30 area where we would expect long participation. The swift move lower suggests Program Trading wanted to get their fill to keep pushing this stock higher. Longs here are safe with price above 10.80 which is the line in the sand. Below this level something is wrong and the stock will need to be re-evaluated. But above this level, and there is still time to get a long position in the stock, we have a target into the 21.10 area (1st target) and then 25.70 (2nd target). Above 16 these targets will be confirmed, but I would not take profits out at them. I would wait to start taking partials out at the first resistance area at 38.’

Need to prepare for your trading week or just want to get a different opinion on the financial instruments you follow? Are you new to trading and want to start with the right steps. Do you want to understand more on how I use my method based on measured moves inferred by observing the effects of Program Trading on price and the proprietary Fibonacci Stalking technique for directional trading of index, forex and hedging futures, forex pairs and some high-volume stocks?

If you want to have access to the content and watch the video reviews as soon as possible, as well as, receive the material every weekend, please subscribe my newsletter. It’s free and you get additional content, comments, setups, e-books, articles, learning material and video-analysis that I don’t make available on my blog. Tomorrow too I am going to send out a special mid-week assessment of the Euro-Dollar cross, the Dollar Index and the S&P500 index, along with actionable trading plans for the Euro and the S&P500.

Subscribe my free newsletter to get ideas on stocks, forex and futures setups and learn to analyze price and supply and demand.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

Leave a comment

Filed under English language, Newsletter, Stocks, Trading Plan, Weekly review

FibStalker View on Stocks, January 13th, 2013 (English Language)

Hello,

hereunder is the last review on the stocks I featured in my FibStalker View on Stocks sent on January 13th, 2013 to my Newsletter subscribers. I will normally publish this information reviews 8-10 days after they are shared with subscribers. The FibStalker View on Stocks review offers insights into stocks trading, setups and target information for the list of stocks I currently follow on my Blog. This is an ever growing list and today I have added Goldman Sachs (ticker: GS). If you trade stocks or want to learn how to analyze them it is good to get the information I share timely. To do that you can register my free Newsletter, it only take 10 seconds.

The current list includes: AAPL, ACN, BAC, BIDU, C, F, GOOG, GS, HPQ, NFLX e RIMM. Hereunder is the review I have published on January 13th, 2013 (not including GS):

‘This week I continue on this new section where I review a set stocks I am currently following and that you can find on my Blog’s ‘Stocks & ETFs’ page (this is an ever growing list of tickers). I will build upon the first analysis published to my subscribers on December the 20th Mid-Week Update. I plan to add more stocks and I am open to subscribers’ suggestions, with the only constraint that the proposed stocks must be widely followed and highly participated (high daily volume bigger than 1M) for my analysis and trading method to work.

This week I will briefly review AAPL, ACN (w), BAC (w), BIDU (w), C (w), F, HPQ (w), NFLX and RIMM. The stocks with a (w=watch) after the ticker are stocks you want to closely monitor in the coming days because they could offer opportunities in the very short term. You can review the last video-analysis and plans for the stocks using the links provided below on the right of the stock ticker. Hope you will enjoy this new section. Please spend time to study the setups and review the video-analysis to understand how I analyze price.

AAPL (last analyzed on December 20th, 2012)
Stock traded and confirmed resistance at 594.50, an extension short, since the end of November – beginning of December, 2012. Support at 507.50 indicated in the last review is showing signs of leaking after holding several tests. The stock is at lows while the Nasdaq 100 is at highs, a sign of weakness. New resistance showed up at 547.50 and has now targets below at 479 and then 464. The stock has the potential to get to the 396 area of support.

ACN (last analyzed on December 20th, 2012)
On the longer-term timeframe this stock has a support in the 55 area with a first target at 71 (already hit) and a second target at 79.30. On the daily chart we had already identified support at 64.40- 64.50 still with a target at 75.30. The 64.50 area of support was not jeopardized by the gap down saw on Dec 20th. In the short-term we could have retracement into the 67.80 area with a stop below 67 (in case the S&P500 retraces into the 1427 area). Notice, however, that price could keep swinging in the 64.50 to 71.50 area in the coming weeks/months before hitting targets above. A position with a stop below 62.50 looks safe.

BAC (last analyzed on December 20th, 2012)
The stock did not hit the second target at 13.20 and has started a retracement in the last 2 weeks apparently without touching the 12.40 resistance level (where partial profits taking was advised). The next long support is at 11.20 with a stop below 10.85. Below such level price could slide into the 9.60 area before resuming the move higher into 12.40 first and then 13.40. For this stock I proposed a nice forecast of price action which I then verified on Dec 18th, 2013. Those were not random levels, but they were rather derived applying the trading rules of my method, based on the observations of the effects of Program Trading on price.

BIDU (last analyzed on December 20th, 2012)
The stock price found support at the 95.80 area. If you followed the advice of buying every pullback given on December 20th, you should now be in a winning position. Next support came at 99.60 hitting first target at 110.50 (on Jan 10th, 2013) and is now heading into the 116.20 area. From that levels do not expect additional strength but rather a correction into the 111.70 area before a continuation higher can start.

C (last analyzed on December 20th, 2012)
The stock had long-term resistance at 37.80 area that was pierced on the third test and bulls are now in control of the weekly timeframe because the 41.80 level has been pierced on the upside. There is now a possibility for this stock to keep trading higher into the 44.40 level before we can see a deeper retracement. If that’s the case the next retracement should in the 41.80 area, if price keeps trading in extension. Should price keep correcting from current levels the two levels of support to watch would be 38.70, with a stop below 37.50 and, should price keep moving lower the 36.20 area with a stop below 34.60 being quite robust.

F (last analyzed on December 20th, 2012)
The stock is in a confirmed rally on the daily chart and has a long-term resistance at 13.90, which is currently being pierced.  On the shorter timeframe the 11 support and long entry setup indicated on Dec 20th hit and went through the two  targets at 12 and 12.50. Since then price keep moving higher in extensions with first support in the 26.30 area (front-runned) and second and current support and long in the 13.30 area. First target at 13.80 was hit already and next target comes at 14.20. After that we could see price keep moving in extensions or a larger retracement to take place, maybe bringing prices into the 13.00 level of support.

HPQ (last analyzed on December 20th, 2012)
The stock is moving higher as expected but did not respect the 14.40 resistance area. The stock kept moving according to  scenario 1 of Nov 27th video-analysis and we saw a continuation higher as anticipated right into the 16.40 long-term area of resistance, which is now being pierced. On the smaller timeframe support was identified in the 13.60 area at the end of 2012 and both targets of such long setup were hit. A second setup with a long entry at 14.40 hit first target at 16.10 and has completed the second target today Jan 14th, 2013 at 16.70. A continuation higher could only come after a retracement either into the 16.35 area with a stop below 16.15 or, below such level, support could be identified at the 15.90 area with a stop below 15.60.

NFLX (last analyzed on December 20th, 2012)
The stock was able to keep moving higher and break the back of the shorts on the weekly timeframe moving above 103.10. Bulls are now in control and price could now get back to the 133 and even the 179 resistance level. The stock moved higher in traditional moves and not extensions as anticipated, trading the 89.60 area of support first, with target at 101.60, and then again trading the 95.20 support with a target at the 104.80. Price is close but did not reach this level just yet. For a continuation higher a deeper retracement seems now needed into the 94.90 area with a stop below 92.40 or, below this level into the 89.80 area with a stop below 86.10.

RIMM (last analyzed on December 20th, 2012)
The resistance in the 13.95 area could not make price into the second target of the setup indicated on Dec 20th, 2012 at the 14.30. Price came quickly down and traded the 10.90 support area, which could only be identified after-the-fact by observation (no limit entry long order could be anticipated there), well below that 11.40 level indicated in the last review. Price is continuing higher and current setup can bring price to targets at 15.80, above that 15.75 level mentioned in the past. Above 15.75 bulls will be in control of this market with the potential of bringing price up to 38.20 next resistance level.’

Need to prepare for your trading week or just want to get a different opinion on the financial instruments you follow? Are you new to trading and want to start with the right steps. Do you want to understand more on how I use my method based on measured moves inferred by observing the effects of Program Trading on price and the proprietary Fibonacci Stalking technique for directional trading of index, forex and hedging futures, forex pairs and some high-volume stocks?

If you want to have access to the content and watch the video reviews as soon as possible, as well as, receive the material every weekend, please subscribe my newsletter. It’s free and you get additional content, comments, setups, e-books, articles, learning material and video-analysis that I don’t make available on my blog. This week too I am going to send out a special mid-week assessment of the Euro-Dollar cross, the Dollar Index and the S&P500 index, along with actionable trading plans for the Euro and the S&P500.

Subscribe my free newsletter to get ideas on stocks, forex and futures setups and learn to analyze price and supply and demand.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

Leave a comment

Filed under English language, Newsletter, Stocks, Trading Plan, Weekly review