Monday, April 29, 2013

Keepin' An Eye On These 04/30/13

My Favourite Shape is a Triangle. Here's Why.

When I'm scanning for stocks, I'm always looking for a triangle pattern. I have found the breakouts to be the most explosive, with continuation in the direction of the break very likely. Today was a good day for the stocks on my watchlist. I'm gonna use today as an example of what I'm looking for. Check these charts out. They're beautiful. Sexy, even.

Wednesday, April 24, 2013

Watching. 04/25/12

Multiple Timeframes - GALE

An awesome example of a chart lining up over multiple timeframes. Check out how beautiful this is.

This stock's got some fundamentals that I like, too. From last quarter to this quarter, there's been an 18% increase in institutional ownership. I like seeing the big guns coming in. Almost 17% of the float is short = possible squeeze. Cash to market cap ratio is 17%, and the company has very little debt ($57K).

GALE Weekly

GALE Daily

GALE Hourly

GALE 15 Min