Simple Trading ULTI – As of 3PM 21 May 2015

Current Trend (W): UP Abv/Below Value Zone: Inside Next Scheduled Report Date: 27 July 2015 52 Week High: $183.25 52 Week Low: $119.89 Current Relevant Resistance: $183.25 Current Relevant Support: $159.00 Recent Close: $170.36 Comment: ULTI looks poised to challenge its all time high at $183.25 in the near term.  Simple traders can drop down […]

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TRMB Simple Trading Stalk Candidate 19 November 2013

Trimble Navigation Ltd. is a good Stalk candidate.  TRMB traded higher into the beginning of October then sold off during the month of before gapping to then through resistance at the $31.00 level on November 1st.  It has since retraced some of the gain from that day, but managed to remain inside the day’s range.  […]

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Anatomy of a Stalk Candidate — SODA – 9 September 2013 Close

We have said many times that one of the best approaches for profitable directional (long/short) trading is to become a “stalker.”  Today’s chart is a great example of the type of chart one might stalk effectively. We like a long entry (buy) right here with a very tight stop just below the horizontal line denoted […]

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SWKS – 2Sept2013

One of the most frequent questions we receive is, “what would we buy now?” As we often say, we don’t trade single stocks… we focus our attention on more highly leveraged securities for extremely short periods.  Still we watch the stock market with great interest if, for no other reason, than because its where we […]

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