Interesting charts in real time

10EMA Pullback Setup

By |June 6th, 2016|

New Relic (NEWR): Look at that revenue growth.

I just exited the trade but will for sure keep watching the stock.

But there’s another thing I wanted to show.

Very clean pullback entry just recently. I first noticed it on May 23rd as it closed well above resistance (blue line) – The Breakout.

It actually provided a nice pre-breakout entry […]

Post Earnings Drift

By |May 25th, 2016|

There are several documented market anomalies (and much more undocumented ones!).

One that is widely recognized is the post–earnings-announcement drift, or PEAD.

“PEAD is the tendency for a stock’s cumulative abnormal returns to drift in the direction of an earnings surprise for several weeks (even several months) following an earnings announcement.”

A chart always says it better.

Here’s Nvidia […]

McClellan Summation Index highest since May 2013

By |April 21st, 2016|

McClellan Summation Index  is one of my favorite indicators when trying to find bottoms.

Notice the areas shaded in green on the chart, very good accuracy.

 

It is not as useful in signalizing tops though but current read of 1130 caught my attention.

It is highest since May 2013 and 3rd highest in past 3 years. Is there something to […]

Tesla: 3 lessons in 1 chart

By |March 21st, 2016|

Lesson 1: Tesla is flat Year-to-date. It will likely end quarter that way or very near too. And take a look at the swings within  – huge moves! It shows how misleading stats can be. 

Lesson 2: Markets are crazy and once the stock gets in motion it does not stop easily. I use 10EMA (grey […]

Interesting charts in real time