MY WATCHLIST
1. NGPS- Nice breakout of a bull flag pattern today. This one looks like it still has several points to move. Good volume on the break.
2. PPDI- Right at resistance in a bull flag pattern. Watching for a break of resistance on a volume surge. This could be a $4 point + move!
3. GES- Another flag pattern in formation. Watching for a breakout.
4. MCO- Yet another flag pattern!
5. SEIC- A short & sweet Ascending Triangle formation over the last 6 weeks. Watching for a break above $50.
6. TTI- Nice Symmetrical Triangle. Watching for a breakout in either direction. Potentially an $8 move.
7. DIS- Symmetrical Triangle, cheap options, about a $3 point move ahead.
8. HWAY- An ascending triangle formation..watching for a break above $54ish.
That's all folks....until the next post.
Jeff,
Just came across your blog, nice Job!
I have three more bullish candidates I found using one of Anticipating the bounce Search. Any comments on the patterns are welcome.
Thanks
John O'Shea
(1) TIE - Bullish Continuation Wedge forming over last 3-4 months using 1Y Daily Chart. Volume is declining during this consolidation period.
(2) RTP - 2.5 month Ascending Triangle using 1Y Daily Chart.
(3) GG - 2.5 month Ascending Triangle. Volume is declining during this consolidation period.
Posted by Anonymous | 8/16/2006 01:18:00 PM