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;

Wednesday, March 11, 2009

AMZN: Closed above R3, next target is B, hold all long positions... calls, stocks... and sell covered call or turn naked call into free bull spread when line B reached...

AAPL: closed above 50 ema again... back above S1... hold it... its handle is very similar to AMZN, this wave target is at the gap above near 123... hold every thing, stocks and calls... we will do hedge when gap fills...

RIMM: morning gap here at 39.16, better get that filled tomm... and gap filling is your opp to add more (limited buy at $39.16)...I don't want too see a gap unfilled at such a low price zone...

PCLN: gap still not fully filled, but channel bottom touched... my dream adding spot... KD still not oversold... but black dropped too fast, a whipsaw is due...but, it still have chance to fill that gap at 70.79... I will add more if that happens...
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