Abraxas Pete Corp. (Ticker: ABAX) is one we made money on in 2011 and I’ve had this stock on my watch list ever since. Today the price closed with a bullish engulfing pattern after a bounce off of a role reversal support level. It’s one of the cheaper stocks we’ve traded but the technical charts […]
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Equity Oracle: 01/10/14
Here is the most recent chart of CLF, which was our last trade candidate. The reason I’m showing you this chart is so you can see why it’s so important to wait for the buy signal before buying your stock. The alert went out on January 3rd as the stock was approaching the role reversal […]
Equity Oracle: 01/03/14
Cliffs Natural Resources, Inc. (CLF) is the mining company we tried to buy last week through a contingent buy alert but the green candle never showed up. This week the stock is positioned perfectly at another role reversal line which gives us another chance to get in. Please keep in mind that you need to […]
Equity Oracle: 12/27/13
Cliffs Natural Resources, Inc. (CLF) is a mining company that is showing signs of a breakout to the upside on the charts. Today the stock closed with a long green candle supported by higher volume on the buy side. Our goal is to buy the stock while it’s over the 20-day moving average and take […]
Equity Oracle: 12/20/13
Cancer Genetics, Inc. (CGIX) is an early stage diagnostic company that focuses on the prognosis and response for treating cancer. There is more of a demand for companies like this than ever before and the technical charts tell us this stock is getting ready to break out. This is a contingent buy order, which means […]