SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Winegrower who wrote (8567)5/14/1998 1:14:00 AM
From: Chris  Respond to of 42787
 
looked at km today.. weekly buy is now almost weekly sell. you might be surprised to hear that eh?

well, basically, you must understand what a weekly price bar is. it is the net change for the whole week's worth of trading.. it seems like today's drop in KM has "changed" my weekly indicators/price bars position. it is now weekly sell.

do note that any positive movement in km can move us back to weekly buy..

only after the week is over, (after friday's close) is the weekly price bar "engraved and permanent".. (this is part of the reason why weekly charts shouldn't be used for timing purposes)..

hope i made it clear. basically, follow that buy stop plan..

sch -- traded this for a profit when it was abv 40 during the financial stock rally (ie: MER). currently weekly sell. but it's bottoming.. watch that 50 day ema right abv it.




To: Winegrower who wrote (8567)5/14/1998 6:34:00 PM
From: Chris  Respond to of 42787
 
keep an eye on sch.. 50 day ema tested on high.

weekly not buy, but it's moving towards it..

buy stop play right above 50 day ema would be good.

however, you have resistnace at 37.
you might want to put buy stop abv 37 even.. profit between 50 day ema and 37.00 resistance would be minimal

kmart earnings tomorrow.. we will see

CSS II:
Analysis of CHARLES SCHWAB
(SCH)

Reviewed on 5/14/98

****************************
High: 36.438
Low: 35.375
Close: 36.313
Change: 0.438 (1.2195%)

Volume Today: 1,072,700 shares.

On 5/14/98, CHARLES SCHWAB closed up 0.4375 at 36.3125 on volume 35.12% above average.
****************************

Summary:

Moving Averages

CHARLES SCHWAB closed at: 36.313

The close is currently Above its 5 period exponential moving average (35.4915).

The close is currently Above its 9 period exponential moving average (35.1903).

The close is currently Above its 21 period exponential moving average (35.3807).

The close is currently Below its 50 period exponential moving average(36.4197).

The close is currently Above its 200 period exponential moving average (35.1869).

****************************
Candlesticks (Automatically done by Metastock. Accuracy Unverified)

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 4 black candles for a net of 1 white candles. During the past 50 bars, there have been 18 white candles and 30 black candles for a net of 12 black candles.

Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.



To: Winegrower who wrote (8567)5/18/1998 10:08:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
km buy stop plan worked too.. earnings not good enough for a rally? or is earnings today? i forgot.