Paul J Singh

Category: Chart

  • Today’s Trade Entries

    As noted this morning, I went short coal, natural gas and steel stocks this morning. Here are the trades: Short 200 shares of ACI at $65.24 (closed at $62.23). Short 100 shares of APA at $123.37 (closed at 116.96). Short 100 shares of X at $163.56 (158.17) Short 200 shares…

  • A Short on the Bounce

    If we get a bounce, as I have been setting up for, the market will take some crappy stocks with it. Once these stocks near resistance levels, that’s when I will switch from my short term long bias and establish more shorts. This chart of WYNN is a good example…

  • Don’t Overpay for POT

    Ag related stocks are finally starting to pullback. Those of us who missed the recent run (I raise my hand in shame) are starting to get itchy trigger fingers. Rest assured, I’ve got my gun set on safety. Take a look at Potash. Even with the 10 point pullback from…

  • Sector Analysis: Discount Variety Stores

    As many of you know, I usually spend Sunday evening analyzing sectors and the hot stocks within those groups. Due to time constraints I’ve been skipping this watchlist ritual, instead only trading stocks that I find through my scans. I had some free time today and was surprised to see…

  • MTL at Support

    I still like MTL here. The stock has not broke support and down volume has been lighter than previous up volume. The 50 day moving average has been a good entry point.

  • You Wouldn’t Like Me When I’m Angry!!!

    Marvel, the comic media company that recently released Iron Man and the upcoming Hulk movie, is on fire. Bear Market you say? There are still longs to be found, and MVL is a good example.

  • USO Chart

    I will wait for pullback.

  • Earnings Breakout: BOBE

    BOBE broke out today over long term resistance levels in a reaction to a postivie earnings announcement today. It is also worth noting that this stock has a high short interest ratio. This is a good example of an earnings breakout candidate.

  • Chart Attack

    Here are selected charts from my watchlist. SRX: Breakdown-pullback with bearish flag forming. FSLR: Momuntume breakout. Hot sector. Overbought so I’d wait for a pullback. LEH: Weak downtrend consolidation. If it falls, lots of room to drop. Easy stop placement limits risk. ICO: Nice Uptrend. Possible buy on low volume…

  • DIG Confirmation

    DIG confirmed the bullish tail candle at support. I may add positions tomorrow if there is a slight pullback. I am already holding SWN.

  • MOS Chart

    Long time readers know one of my mantras is to keep on doing it until it ceases to work. Once I see a pattern emerge, I will continually go after it. Let’s take a look at the MOS chart to illustrate this point. Over the past 6 months, buying the…

  • 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.

  • Chart: SID

    SID looks like many of the charts in my longs watchlist. A bit extended but attractive on a low volume pullback to support. Take a look at the stochastic reading. I don’t like to enter on overbought conditions, and the has reached that level with the fast line above 80.

  • 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…

  • Industry Strength

    Here is a list of the top performing sectors of the past week. My favorite technical pattern is Steel.

  • Stocks on the Radar

    Here are some bullish plays I am considering: URBN GTLS RAILS SWN ANR SID STEEL EOG ODLF TRUCKING STOCKS OFG RBCN BZP TITN ZUES HOMIES, DVN TUP GILD NFLX KSU is setting up quite nicely. Strong OBV and RSI readings indicate accumution, which is not a surprise since the entire…

  • Trade Portfolio Charts: GTLS and DZZ

    GTLS is an earnings breakout play that has shown accumultion as it consolidates the breakout move. A key day was early last weak when it confirmed the hammer the stock printed at the breakout point. The RSI and OBV trends are positive and the volume pattern has favored up days.…

  • Old Reliable Looks Good (Bad) Again

    During every cycle I have a few stocks that I use as “go to” plays over and over again. I’ll keep taking the same trade in a stock until it stops working. Recently, DECK has been one of those reliable stocks and looks to be failing at resistance.

  • Do I Have the Guts to Buy Financials?

    I’m scared as hell to buy a financial, even with a small position size. However, if I didn’t know the name of the company behind this chart (Morgain Stanley), I would be buying. We have price breakout over the 50 day moving average after the stock printed a bottoming long…

  • DECK

    I’ve made a few trades that I’ll have to update later. In the meantime, take a look at this chart of DECK. It’s been one of my big winners this year (as a short) and is a good example of how volume predicts price movement. I began posting and shorting…

  • Chart of the Day: DBA

    I know Agriculture has dominated my posts over the past two weeks, but it’s too hard to ignore the lack of accumulation in the sector. Here is a chart of DBA: