Paul J Singh

Category: break out

  • Today’s Entry: GOOG

    I bought GOOG on the breakout today. Stop is at $548.

  • SPY Breakout

    Nice looking breakout on the SPY chart. I will look to buy a dip today. If by chance the breakout fails at close, I will reverse and get short.

  • Playing the Breakout Trading Range: IPHS

    IPHS broke out in early August and is now developing a trading range between the breakout highs and lows. This has created a low risk set up. I would like to buy on a pullback to the $33-35 range with a target of $40 and a stop around $31-32. Overall,…

  • APPL Buy Point and Negative Divergence

    I am thinking about putting a buy stop in place for AAPL just above $190. As you can see from the chart, that would be the logical breakout entry. A major concern of mine is the RSI divergence that is developing. Last year I did a study of breakouts accompanied…

  • Watchlist and Trade

    Here are the stocks that made my weekly watchlist: drys hma x ewz lufk cybs aks bzp mtl csiq gnk rimm fls sol fslr crk (bo-htf) jrjc flr apa dvn vip I bought CRK on today’s breakout, using a buy stop with a limit place just above the consolidation area.

  • Today’s Breakout: MA

    The street must have liked MA’s earnings results. This is one of the few stocks that has defied my volume analysis. Stocks floating up on poor volume are usually setup for a fall, especially around earnings. Think POT for a good example of this. MA is now on my breakout-pullback…

  • Monday Breakouts

    Here are two breakouts that interest me: ISYSI would like to buy this one on a pullback to the breakout point. Nice trending stock with good volume pattern. ALRPSimilar to ISYS, the only major difference is the overall price trend has been more volatile.

  • Breakouts with Strong Volume Trends

    Friday’s nightly breakout scan listed just over 100 stocks. An easy way to trim the fat and find good setups to trade is to sort breakouts by obv ranking. This will find breakout stocks with strong volume patterns. Here are Friday’s top 25:

  • The Trade I Did Not Make

    There is a lot to like about the breakout in GRA. The stock gapped up 3 points on huge volume over price resistance and had mounted the 200 day moving average a couple of days before. the 50 day moving average is moving up and looks ready to cross the…

  • The Frustration of Waiting for a Pullback

    One of the most frustrating things about the breakout-pullback setup is when you’ve got a textbook breakout out of a base, the stock heads your watchlist, and instead of pulling back to any measure of support the stock keeps going and going. Last Thursday KEX’s breakout put it at the…

  • The Breakout Scan is Broken

    Only 15 stocks made my breakout scan, and of those, three of them were ultrashort ETFs. Three of the stocks on the list interest me. Take a look at their charts and try to figure out the breakout plays.

  • Analyzing Today’s Trade: WMS

    I bought 400 shares of WMS at $39.05, based on my breakout-pullback trading setup. The stock broke on strong volume earlier this month, while pulling back on diminishing volume. Today’s confirmation candle at two tiered support (20 day moving average and price) provide the entry signal. Also note that OBV…

  • Bullish Chart Setup: DVN

    Independent oil and gas stocks have been on fire since bottoming late January (that long tail provided a good entry point), and few have done better than DVN (Devon Energy Corp). I like the stock on a pullback to what looks like new support at $95. The stock exhibits a…

  • Copper Stocks Breaking Out

    Some of my best trades have come when I was wrong about a position and decided to go the other way with it. I am hoping today’s trade ends up falling into this category. I was short PCU as it had presented itself as a good short candidate. I was…

  • Mastercard’s Bullish Reversal

    MA (Mastercard) has been on my bearish short watchlist every since it broke down below the 50 day moving average on heavy volume. However, the stock’s technical pattern made a 180 degree reversal in one day, with today’s 28 point gain that easily put it back over the moving average…

  • Trade Notes

    I exited DCO at 42 (entry at$38.10) for a $1170 gain (+10.1%) . The setup was an earnings breakout-pullback. I will re-enter on a pullback to $40. I exited 200 shares of NOV at $67.35 (entry at $63.74) for a $722 gain (+5.7%) . This was an oversold bounce play…

  • Friday’s Breakouts

    I am looking for orderly pullbacks in the following breakout stocks:

  • Five Explosive Breakouts

    Here are five explosive breakouts that I will be watching very closely:

  • Short Squeeze Play: SRDX

    SRDX, a drug stock, broke out over price and moving average resistance on huge volume today. While that’s fine and dandy, what’s really interesting is that it has a 30 percent short interest ratio. To put this number in perspective, breakout stocks make my short squeeze setup if the ratio…

  • Watchlist

    I like COG on a pullback to $40. I am already in with a 500 share position, as I had a buy stop that triggered at $40.05 (I mentioned this stock on the video webcast this morning). Other stocks on my radar: NFX, HEI, IOC, CYNO, VRGY, JCG, BKE, SII,…

  • Breakout-pullback Stocks

    The following stocks are new additions to the breakout-pullback watchlist for this week. CAE: low floatBCSI: low float, smokin’ uptrendRRGB: low float, risky-still in breakdown gapTNC: pb 35SYNA: pb 32EFDVRGYCMCISILFDONSMBTMGGBBRPCIG I recorded my first webcast tonight and hope to have it posted Monday morning.