Three is a charm? For me, four is a charm

Here are four charts that I thought looked good: This setup tends to be bullish, especially with the stochastic in the oversold area (stoch chart).

I like this chart too. Looks like it may be overextended; volume is waning as price increases. An evening star formation is starting to form, which could lead be a bearish indicator.

With the stochastic in overbought, this engulfing candle setup looks ripe for the picking. Looks like it may find support around 44.

GT seems to be consolidating around 19/20. If it doesn't break that (and volume has been light on the pullback, suggesting it won't), then it could become a profitable trade. Good trading and remember to take care of yourself.

I can't do that, Dave

Exe file for the SMA generator. Python source code.

Started doing a little programming. Feel free to download the exe (it's in a zip file because boxstr doesn't upload .exe files) to install or the python file to look at the code (well commented, I assure you). The program is rather simple (oh, the puns). It will ask you to select a txt data file in the format: STOCKSYMBOL.txt (look at the included RIMM.txt file to see how it is organized)--I used NinjaTrader to generate the txt data file. Then it will ask you how far back you want to go. Enter the number of days you want to calculate. It will ask if you want to print the daily price and volume information; select yes (y) or no (n). Then watch it work its magic (if you would humor me in calling it magic).

I added tradingbots.blogspot.com to the side links a few days ago. Look there if you want to get an idea of what caused this madness.

Good trading. Do not use this program for anything important (like anyone would) without first checking it against a trustworthy source. Enjoy.

The 50 drops below the 100; price approaches 200MA

I might be beating this one into the ground, but I really want to short RIMM. On the daily, the 50day MA has fallen below the 100day; a bearish sign. The price has fallen below both the 100 and the 50 and is approaching the 200 day. I'd watch that 200 day level closely because once it breaks, things may be headed downward. Confirmation when the 200 day acts as a resistance and when the 50 and 100 move below it.

Good trading. Use stops. Take responsibility.

Googling

Up or down? I don't know, but we do know that it is resting on support. Someone linked this interesting site: Engineering Professor. He uses some sort of automated trend analyzer that indicates Tuesday will be green on the S&P, NASDAQ, AAPL, and GOOG. Definitely something I'm going to start looking through. In any case, GOOG is a good watch for Tuesday.

Right shoulder forming?

Looks like RIMM may be setting up for a long term head and shoulders. Also, heavy relative volume today on the breakdown.

CSIQ

Short at ~32.80

Stop around 33.12

Update (11:42) - Move stop to 32.80; break even point.

Update (11:53) - Move stop to 32.64; 0.5%

Update (11:59) - Stopped out. May have had the stop too close, but I really didn't want to allow the stock to go up to break even again.

RIMM

Looks like rimm finally broke down.