Washington Mutual WM is setting up what could be a great bullish engulfment today.
First chart is the intraday of today and yesterday. #1 denotes the open today below yesterday’s close, #2 denoting the move to the upside.
Click to view, Click again to zoom
Actually interesting about today is WM opened at new multi year lows below [...]

Barrick Gold Corp ABX is a new find for me while doing a scan just this past Friday, and the heavy accumulation day it yielded can simply not be overlooked.
ABX stock is now on the rise and I want you to be a part of it. I am giving the stock a few weeks to [...]

If there was ever a time to use gorgeous as associated with the stock market, Mercadolibre MELI stock chart fills the description.
MELI is an internet e-commerce website that provides an online marketplace and electronic payment service for latin america. The stock went public for $18 bucks on August 10th, 2007 and setup a phenomenal base [...]

If you like falling knives, do you like trying to catch them too?
Take a look at this chart of Synaptics SYNA stock and you make the call on whether or not the 200 day moving average is going to hold up!
Click to View, Click Again to Zoom
I got $5 bucks on the knife, any takers?
SYNA [...]

The chart below of Amazon.com (AMZN) speaks for itself.
The stock closed Friday at $94.45, and is a buy at $96. The 50 day moving average looks poised to start trending upwards once again. With a pickup at $96 you can really play the position as tight or as loose as you want as if the [...]

I do not track Sierra Wireless ( SWIR ) but reader Seth emailed me my opinion on it and thus here I am posting its stock chart.
There is no technical evidence that argues SWIR as a buy right now besides the historical support of $15 which could be an easy play. Buy in here, set [...]

Jack just wrote a great article on writing options, check it out on his blog.

I would be willing to bet that Countrywide Financial (CFC) is on its way to posting new all time lows under $8.21 next week.
Here is the chart,
Click to view, click again to zoom
Washington Mutual (WM) has already shown a similar pattern and broke to the downside. There is no reason why CFC won’t follow.