Paul J Singh

Category: Chart

  • Chart: OII

    Oceaneering Internat (OII) has consistently been a buy on pullbacks to the 20 day moving average. This is a “keep it simple, stupid” trade, which is why I did not add any indicators to this chart. Why complicate maters? I will likely enter on a low volume pullback to the…

  • Focus List Charts

    NOV is one of my favorite energy sector plays. If the first, weaker support line breaks down in the upper $130’s, the next buy point is at $125. I’d like to see the stock work off the overbought readings a bit. CROX looked like it might be ready to end…

  • Chart Request: CMI

    In the comments of the last post, Raj asked:What do you think of CMI? It has pulled back well to previous support levels. CMI is pulling back towards a strong area of support after a nice breakout. Where you enter depends on your strategy. If you are a stickler for…

  • 20 Stocks to Buy on the Dip

    The following 20 stocks are at the top of this week’s watchlist. I plan to remain patient and only buy on dips close to support levels. JASO, LULU, DRYS, NILE, CF, FSLR, FCX, EXM, BHP, CMI, AGU, SINA, CTRP, PCU, EWZ, FDG, SID, LIFC, FLR AND CPHD.

  • MT Trade

    I entered MT this morning, buying 300 shares at $71.48. Stepping back from the trade, it looks like I may have entered a bit early. The last time MT had a similar breakout with a long price bar (early June), price action immediately pulled back to the breakout point before…

  • 2 Great Ways to Play the Agriculture Bull Market

    Update: I inadvertently uploaded charts of FLR and FWLT, instead of AGU and MON. I’ll leave the other two charts up since both stocks are on my primary watchlist. Here are the charts for AGU and MON, two of my favorite ag plays: FWLT and FLR charts:

  • Trend-Pullback Watchlist

    The following stocks are on my “trend-pullback” watchlist: Four featured charts:

  • Chart: TOL

    As noted in the previous post, I took a position in TOL today. Those familiar with my trading style know I don’t tend to buy downtrending stocks. However, I noticed some mean looking divergences that lead me to believe their might be some institutional buying at the current levels. At…

  • Chart: IDXX

    Last night I was scanning sectors that had outperfomed the market over the past month. Number one on the list was Diagnostics, a sub-industry in the Healthcare sector. A stock that caught my eye that had not been showing up on my nightly scans and focus lists was IDXX. Most…

  • SGR Lookin’ Like a Dead Cat

    Shaw Group Inc. (SGR) is a former high flying stock that seems to have lost its mojo. In July, the stock gapped up after a long uptrend, but could not hold the gap level. It now looks like the gap was an “exhaustion gap“, which usually comes at the end…

  • Stock From the Watchlist: BCSI

    BCSI has been a big winner over the past six months. Let’s take a look at the chart: The Good:Strong trend; breakout over resistance; accumulation, strong obv The Bad:Breakout not on above average volume; negative RSI divergence (RSI lower on breakout than previous high) The Verdict:I wouldn’t be suprised to…

  • The Housing Stock Conundrum: Analyzing TOL

    Housing stocks have made a windfall for those bright minded speculators who have traded the obvious short entry signals over the past year (I am not in that prestigious group). While the trend is still negative, there are signs that we may see a bottom forming. Today I analyze Toll…

  • Chart: ZUMZ

    When the market tumbles, the first thing I do is scan for stocks that performed as if in a bull market. ZUMZ was up over 4 percent today, and broke out over major price resistance on heavy volume.

  • The Fast Money Guys Versus The Market Speculator

    The Fast Money guys are hot on the financial sector, with Guy Adami specifically pointing to Morgan Stanley as a valuation play. I, on the other hand, am bearish on the sector and currently short Morgan Stanley. There is no way a true technician could enter MS from the long…

  • $SPX Revisited

    On Friday I brought up the idea that we *may* have had a capitulation event that marked the end of the current correction. Today’s strong move in the $SPX, back over the 200 day moving average on heavy volume, lends more credence to the bull capitulation argument. There are a…

  • Swimming in a Sinking Market: FSLR

    FSLR is one of those stocks that handled last week’s dust up quite well, and is approaching all-time highs. I considered entry today, but volume was a little light for a higher percentage price move. I do think FSLR will continue to rise, and may consider entry in the near…

  • Analyzing FTO trade

    A reader wanted a more in depth analysis of the FTO trade. The basic principle is as I stated when I made the trade: a pullback to support with a strong confirmation move. Let’s take a look at the chart: The first thing that jumps out at me is the…

  • Chart: JOYG

    JOYG is on my primary watchlist. If you are all willing to take on a bit more risk, the stock can be bought now with a stop under the 50 day moving average. Those who are more patient and willing to miss out on the stock if it makes a…

  • Reader Question: RVBD

    Walter, who always seems to find great stocks, asked my opinion of RVBD. There is little to dislike about the stock. It’s made a nice run after breaking out of it’s base at $32-34, is under heavy accumulation (as evidenced by increase in volume during run), has an uptrending RSI…

  • Sector Analysis: Restaurants

    The restaurant sector has been on fire over the past two months. On the sector chart below we can see a break out at 775 and made a 50 point rise with limited pullbacks. Finally, we have a pullback to the 20 day MA, making this an attractive entry point.…

  • Chart: APPL

    Earlier today, I mentioned that I felt there was a good chance AAPL would hold it’s rebound from the lows of the day and print a long tail at the close. Sure enough, the stock closed near it’s high and looks ready for another leg higher, assuming we get confirmation…