Chart Abbreviations:

3BC: 3 Black Crows; 3WS: 3 White Soldiers; BeC: Bear Channel; BeE: Bearish Engulfing; BTC: Buy To Close; BTO: Buy To Open; BuC: Bull Channel; BuE: Bullish Engulfing; DCC: Dark Cloud Cover; EnP: Entry Point; ExP: Exit Point; FW: Falling Wedge; HL: Higher Low; HH: Higher High; HM: Hanging Man; IR: Island Reversal; LBB: Lower Bollinger Band; LL: Lower Low; LH: Lower High; LPP: Lock Profit Point; MBB: Middle Bollinger Band; NABOP: Not A Bottom Out Pattern; NATOP: Not A Top Out Pattern; R: Resistance Line; RW: Rising Wedge; S: Support Line; SLO: Stop limit Order; SMO: Stop Market Order; STC: Sell To Close; STO: Sell To Open; T: Target; TSO: Trailing Stop Order; UBB: upper Bollinger Band;

Monday, March 16, 2009

AAPL: outsider, so, BeE, HH/LL, and this is also an expanding triangle on 60 minute chart, at this point, I am doubting if the gap at $89.17 could filled... the pattern is also possible a bull flag, support at S1, and resistance at R1, looks like a big move is coming soon, very likely to the upside.

AMZN: another low volume dip here... KD first sell cross, MACD whipsaw... LL/LH day... possible buy on dip opp ahead, tomm, it could see $65.xx and that will be your opp to catch it... it a $5 a step.

PCLN: pressure line R1 penetrated and close above it, so the dip to B is over! this is a strong buy for tomm... target at R2.

RIMM: HH/LL, outsider, but volume not support this... so, bull flag is valid... watch for break out... possible tomm or Wed, first target at S2.
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