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  1. #1
    Veteran Member hchandra's Avatar

    Several setup to see this week (9 July 2013) !!!

    Click image for larger version. 

Name:	BBRY 9 July 2013.jpg 
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ID:	649
    Taking a look at current BBRY chart, we might be able to tell that $8 - $9 is demand area for BBRY and around $11 - $12 will act as supply,
    If price go down to $8 - $9 I would like to place CALL, if reach $11-$12 I will see to place PUT
    Although fundamental of Blackberry has been bad with dropping income and sales and there is current talk about changing leadership, in long term the fate still undecided for BBRY

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Name:	CAT 9 July 2013.jpg 
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ID:	650
    CAT currently near the up trend line, seem good to place CALL for several days - 1 week forward, the odds is good,
    Before earnings announcement this 24 July, I think price will stay above demand

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Name:	DB 9 July 2013.jpg 
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ID:	651
    We have third bounce in creation for DB, don't really like the fundamental site of DB though with lower revenue and lower earnings and all troubles going around in Eurozone,
    The setup is not really strong one, but worth to try for short term CALL several days

    Click image for larger version. 

Name:	FB 9 July 2013.jpg 
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ID:	653
    FB formation looks bearish for me,
    Last month UBS and Stiffel upgraded FB after down 20% from top of May, earning is 24 July after market,
    IPO price was $38 and current price below $25. I think after breaking below $25, bear trader will stay near that level,
    this is not extremely strong setup too, but will try it for short term PUT, price will plunge when it closes below the fresh low.
    Last edited by hchandra; 07-09-2013 at 09:22 AM.

  2. #2
    Veteran Member hchandra's Avatar
    Update:
    BBRY - price stays above the range
    CAT - Price bounced as expected
    DB - Price bounced as expected
    FB - Not as expected but not a strong setup

  3. #3
    Specialist Member marvel's Avatar
    Great coverage and great charts!
    Well arranged and selected hchandra! It seems you have good experience with trading stocks and you are able to spot the good opportunities. I will follow your comments with great interest in the future.

  4. #4
    Veteran Member hchandra's Avatar
    Quote Originally Posted by marvel View Post
    Great coverage and great charts!
    Well arranged and selected hchandra! It seems you have good experience with trading stocks and you are able to spot the good opportunities. I will follow your comments with great interest in the future.
    Hi Marvel, thank you,
    Will try to give more picks this week,
    My picks mostly just follow the trend for long term, picking stocks located at good place.
    I hope this will benefit for everyone in this forum.

  5. #5
    Specialist Member LesterK's Avatar
    Quote Originally Posted by hchandra View Post
    Hi Marvel, thank you,
    Will try to give more picks this week,
    My picks mostly just follow the trend for long term, picking stocks located at good place.
    I hope this will benefit for everyone in this forum.
    Hi hchandra,

    Really good picks and nice presented graphics! Your posts are very helpful and informative to all of us.

  6. #6
    Legendry Member milos's Avatar
    Hi hchandra,
    Excellent presentation trend channel.

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