Paul J Singh

NUVO (Nuvelo) looks like a good short candidate, as it broke down from a strong uptrend on above average volume. The quick rise leaves room for at least a two point fall, with support in the $17.50 range. Notice that RSI, MACD and Stochastic are all turning down.

I just completed my August trading review and I’m not as happy as I was pre-review. While I did post a decent 9 percent gain, a common trading flaw became apparent that kept me from having a huge month: micro-managing trades and pulling out before my stops were hit. I…

A “topping pattern” seems to be forming in BOOM, peaking at 42.50 in May, followed by a couple of weak attempts at remounting by bulls. Notice that the Stochastic is extremely overbought at 90, and the stock has failed in the recent past when that number has hit. The move…

I was born in Southern California in 197 . . .okay, so you don’t need to know everything. I’ll start with college. Like just about every point in my life before and after, I was confused about what I wanted to do and had six different majors before settling on…

PAAS looks ready to make a move towards the upper 20’s. A double bottom seems to have formed while MACD has turned positive and stochastics formed a higher low. I would play it safe and watch for a test of $22.50 support before entry, with a stop placed in the…

Many of you were regulars at the previous blog, “The StockTrading Guy”, and have been wondering why I had stopped posting. Well, for some unexplained reason I ran into technical difficulties and was no longer able to publish any posts. After over a month of frustration I’ve decided to give…