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Author Topic: LakerKing Watchlist 11/20/12
lakerking
Noob
Posts: 9
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Post LakerKing Watchlist 11/20/12
on: November 20, 2012, 02:21
Quote

DJIA - Dow Jones - We got a bullish reversal bar here. If we can get a candlestick above today's this will be a strong sign of reversal and will be bullish. Last time it made a move like this was on June 6th 2012, and it made a little over 5% gain in 10 trading days.

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AAPL - Wow! On Friday we had a bullis hammer and was the perfect setup for a reversal.Today we got a good confirmation signal for a reversal. We could be testing that $580 gap soon maybe even this week. Dont be afraid if we see a slight pullback on this big run tomorrow.

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PCLN - PriceLine was a disappointment today it underperformed for a big rally the market it had. A lot of rumors saying tons of insider selling was happening today and possibly more tomorrow. We might see PCLN try and fill the gap from earnings if $620 breaks. If we want to be bullish on PCLN we need to break the 200 SMA.

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COG - Breakout alert. -- All time highs... Been on a sweet uptrend and we broke out to all time highs and this could run more. Only thing that worries me about this is the volume has been pretty light for breaking out to all time highs. We could see a pullback to $47.12.. Keep this one on watch

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Sorry i had to use bigcharts for the images. My etrade was doubling up on the daily chart, my next watchlist tomorrow should have support and resistance lines

Admin
Administrator
Posts: 28
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Post Re: LakerKing Watchlist 11/20/12
on: November 20, 2012, 22:05
Quote

Nice call on a couple of these,
seems like your analysis was
right on with DJIA + AAPL.

Looking forward to more!

St. John
Noob
Posts: 2
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Post Re: LakerKing Watchlist 11/20/12
on: November 24, 2012, 12:46
Quote

Thank you for posting your watch list and analysis. As a newbie soaking up all sorts of knowledge, this is especially helpful.

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