[bluemosaic]

Just looking at Facebook trader set up. Weekly and daily charts below

Thoughts welcomed!

1. Stage 2
2. Weekly - 10 week MA rising, price above strong 30 week MA,volume contracted on price pull back.
3. looking for break of 76.7/76.8 on high volume on daily chart.

       

Does anyone look at the IBD/investors.com rating for stocks as well ?

[bluemosaic]

Would be interested in thoughts on NXP Semiconductors:

   


Stage 2
Price broken to new high today on increased volume
Mansfield RS above zero and pointing up

[isatrader]

A number of stocks for the watchlist tonight as I've not been around today, so I'll split them into a few posts - Stage 2A breakout attempts in AXTI, MAGS

AXTI

           


MAGS

           

[isatrader]

Some stocks showing potential for continuation attempts - UEPS, DRAD, FLWS, ARWR

UEPS

           


DRAD

           


FLWS

           


ARWR

           

[isatrader]

A few Stage 2 continuation attempts for the US watchlist intraday - CBK, MEI

               

[isatrader]

I'm back. It's been a long week as I had to go out and work at a clients office on a project, but it's finally over, so I'm back at my desk and so will hopefully get back into the normal flow.

One for the US watchlist today attempting to make it's first Stage 2 continuation breakout is NOR. Attached is the charts.

           

[isatrader]

TAM - Making a Stage 2 continuation away from a large primary base on heavy volume.

       

[isatrader]

Dorsey Wrights Technical Attributes method for ranking stocks is very similar to Stage Analysis methods and so I thought it would be interesting to have a look at some of the technical leaders momentum portfolios that they create via the ETFs - PDP, PIZ, and PIE

The PDP is the 100 strongest stocks in the US market via their Technical Attributes ranking system. The PIZ is the 100 strongest stocks in the worlds other developed markets such as Australia, Canada, Finland, France, Germany, Hong Kong, Italy, Japan, Norway, Portugal, Singapore, Spain and Switzerland etc excluding the US. And the PIE is the 100 strongest stocks in the developing worlds markets such as Brazil, Chile, China, India, Indonesia, Philippines, South Africa, Thailand and Turkey etc.

As you can see the US technical leaders (PDP) continue in Stage 2B currently, whereas the developed markets technical leaders (PIZ) is looking decidedly weaker and is flirting with Stage 3B. The developing markets technical leaders are attempting to get going in early Stage 2, but have had a strong pullback over the last few weeks back below the 10 week MA.