Category Archives: Trade Analysis

Baidu back up to previous highs!

Baidu (BIDU) broke out off an eight day trading range and moved back up to last year’s highs yesterday. It hit my trigger price around $169 at the bottom of the trading range last Tuesday, but somehow I didn’t get … Continue reading

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Baidu back to trading range

Baidu (BIDU) made it back to the December / January trading range after finding support around $150. I expect it to be range bound for a while, but I find it trading and holding above $167 very encouraging. I’ll be … Continue reading

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DBA continues higher

The PowerShares agriculture ETF (DBA) keeps on moving higher with a gap at the open today. It continues to print very large candles and displaying relative strength against the broad market and other sectors. For that reason, I took a … Continue reading

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DryShips stuck in trading range?

It looks like Dry Ships (DRYS) is stuck in a trading range for now as it is unable to trade past $4. Price action appears to be pulling this stock lower towards $3.23. What is interesting now is that, after … Continue reading

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Agriculture ETF keeps rising

The PowerShares agriculture ETF (DBA) printed another strong move yesterday that easily cut through resistance around $26.40. It closed on high volume while the broad market continued to sell. It is important to keep an eye on stocks / sectors … Continue reading

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Molycorp’s On Balance Volume rising again.

Molycorp (MCP) had a very strong move yesterday after touching support around $5.20 in early morning trading. You know it was a strong move when price stays within the first standard deviation and never even touches the VWAP (see 5 … Continue reading

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Agriculture ETF Changes Direction

I am long the Agriculture ETF (DBA) as it has been trading above $25 for the past few days and had a very strong gap up move today. The weekly chart shows the ATR line signaling the change in trend … Continue reading

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Colfax Monster breakout

I had bought some Colfax (CFX) shares last year and it is time to sell a few today after the monster move yesterday. Taking some profits allows me to have cash on hand to either re-enter at a better price … Continue reading

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Agriculture ETF may have found bottom

The agriculture ETF (DBA) printed a very strong rally this month and it looks like it has found strong support around $24 This may be the start of a long term bull trend, but I need to see it trade … Continue reading

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Russel 2000 reaching key resistance

The Russel 2000 ETF (IWM) is approaching a key level of resistance marked by its broken trend line and the $113.50 price tops of late November and January. It has been lagging the QQQ and SPY in recent weeks which … Continue reading

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