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AG triple bottoming in the $8.81 -8.85 area (yearly) about 10c away ...ANV sliding along steep down trend line ...  NGD looks pretty good, very compressed still above recent lows

$63.14 and ticking,  a lot of other divergent double bottoms from this selloff, maybe a little blip up here

S and P shorts FFIV ADI SNA etc

Posted by cmunny on 16th of Apr 2014 at 01:01 pm

Miraculous stick saves at the recent lows on a bunch of these of these the past few days, look like easy shorts, moreso above if earnings falderal.  FFIV, recent and earnings gaps below , at trendline retest.  SNA, tapping out support until miracle rally.  ADI relatively weak today at  hsr line.  SRCL , overhead resistance.  Lots of these hit overhead major fib lines at highs. 

Goldgram Update - Some pretty hard lows in today

Posted by cmunny on 15th of Apr 2014 at 03:45 pm

AUY took out all 52 week lows with a bullish hammer.  SBGL , green ... amazing, amazing...  ANV dogged it down to downtrend support, couldn't quite fill start of year gap.  AKG hammer on volume. GDXJ_CMNY_JR ... up 27 pct YTD ...  looking to add some names based on recent outperformance.   The GDX_CMNY_SR is at about 20% YTD.  AG will be getting the boot , and we will add TAHO.

Inside day continuation patterns to the downside everywhere

Posted by cmunny on 15th of Apr 2014 at 10:23 am

CELG long

MCP retesting bottm w/ gapdown. BIB some support

Posted by cmunny on 11th of Apr 2014 at 10:37 am

bib hit some 6 month support down there at 67 .. buy the dip

MCP retesting bottm w/ gapdown. BIB some support

Posted by cmunny on 11th of Apr 2014 at 09:45 am

Smellgene took out lows and looks higher, bull wedgier on the daily

FNV, all PM failing here

Posted by cmunny on 10th of Apr 2014 at 12:39 pm

wedges and submerged balloon patterns all failing here.  Been putting in some bearish spreads the past couple of days and throwing on some DUST today.  SBGL actually made new highs on the double top ... amazing, amazing ....gap fills and rebase at the 100 fib looming.  TGD has  been strongest this week.  Dojo today and perhaps more, lots of gap there.  Cayden resources strongest venture stock, with cash raised, good reentry around 1.60.  Vote early and often for Modi.

BIB meltup running out of helium

Posted by cmunny on 9th of Apr 2014 at 12:54 pm

CELG, REGN vertical today, I expect a rollover, easy inflection point to watch here.  Not really buyin'  what the /es is sellin' right here

Don't worry , be bearish   May 183 /  175  debit bear put spread and June 181 /171 debit bear put spread.  Can't beat'em , join 'em.

Potential new leader of 1 billion PM hungry up-and-comers.  Does this look bearish for the eternal metal? http://www.citymirchi.com/cm-lv-91332-Modi-gets-grand-welcome-in-Mumbai-weighed-in-silver.html

After this wedge higher some leaders are less than 10 pct off highs, but all look bear wedgish.     GDX still not quite to a 38 fib retrace.  Indian election coming online and could be very gold bullish with an anti-mob candidate, Modi, a leading figure.  The larger cap leaders look like they are not failing, but I would expect this range to rinse.

Pretty good symmetry on the AMZN chart, hitting extension of fib on the downleg into the longterm trendline.   Bounce to the breakdown area of $340 likely.  Lot of gaps to the downside quickly filled the past few days.  Entries on most things were yesterday afternoon or the retest this morning.  SA had 10,000  $7 calls dropped on it, big surge up out of wedge today.

Slamgen, Weak bull flag , looks like one more dip coming, but , again hard to see new lows in the biotechs with the sharp reversal trade at the 845 reversal open.  The bears have hit these hard and quick and then faded them.  Lower targets on the dailyon all these.   CSCO green, gap tgt   at $24 even

TNA takes out wedge wth this es pop

Posted by cmunny on 7th of Apr 2014 at 12:37 pm

Still pretty early in the day  , biotechs have looked great on this slide, no new lows.  tna holding as the bulls fight back In the /es

We hit the 423 fib tgt and some gaps and bounced hard on biotechs.  Their very short term lows appear to be in, back to 9dma long.  NKE gap fill at 71.62 coming. Looks like we'll get a SPY RSI buy signal. maybe ... 9.5 again ,, nke just hit

Looks to me like we hit the major fib extension targets from the 2008 lows and the 11/15/12   rally of the last year plus.  .     The Dow still looks   higher, 17,400 or so, which would be in line with the MSFT, JNJ breakout.    T CAT and CSCO are at intermediate highs, with room to range trade.  GWW bear flag after falling out of a rolling top after a completed fib rally.  DHR similar.  A lot of extended bear flags on no volume last week, till Thursday and Friday.  Lot of gaps filled.

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