RE: US Stocks - Intraday Watchlist and Discussion
(2014-01-21, 01:43 AM)isatrader Wrote:(2014-01-21, 01:36 AM)gbarbs Wrote:(2014-01-16, 05:43 PM)isatrader Wrote: HTCO is attempting to make a new continuation move after consolidating it's gains from it's previous continuation for the last few months. Strong relative performance and volume is over 3x the weekly average currently.
It's pulling back to test the breakout level intraday, so I'm looking for a strong close above the breakout level to help confirm the potential continuation move. Attached is the charts.
this one is also at a 10 year high...so definitely a little more attractive
Shame you didn't see the post when I highlighted it, as was just at the breakout level. 6.5% higher now unfortunately, but might pullback a bit.
Yes I am definitely going to be keeping an eye on this thread! I am reviewing trades from the past year as I am getting ready to prepare my tax returns, and am taking note of good and bad trades. A handful of times I have turned winning trades into losing ones. I would get in at the appropriate time, but then the chart looked so fantastic that I added to the position too far from the breakout. Catching these early can make a huge difference.
For this one - HTCO - have you checked the sector? XTL and VOX look like ETFs representing the telecom & telecom services and appear to me to be in good shape. My brokerage has an alternative default list that often deviates from standard references. For example their Energy list will appear to be in stage 1 or 3 but XLE will be in a strong stage 2.
I scanned down their list and the charts are mixed and the list in my brokerage is definitely not strong. I did find a few others which you may have highlighted elsewhere. ETAK, KKPNY, TKAGY, and TI. Maybe not the place for this question but I am questioning the strength of the sector and what you may have looked at for sector strength.