KFT bullish stock chart
April 14th, 2010 richkI like KFT stock. This stock chart is still bullish and I am already in position trade for several weeks. Now I added into this position as I expect more upside for this stock
I like KFT stock. This stock chart is still bullish and I am already in position trade for several weeks. Now I added into this position as I expect more upside for this stock
GOOG chart is not very bullish for me. I monitor it as one candidate for possible short trade setup for my ETF & Stock trading newsletter and my fund

I wrote into my commentary for today’s ETF & Stock Trading newsletter :
“There is shortened trading week. Tomorrow is no trading in USA. But situation is still very bullish. Stock markets do not want to make any pullback. Such healthy pullback should offer good opportunities for new long trades.
I do not feel comfortable with opening new longs now.
Still the situation is not good for new shorts. Stock market bias is pushing weak stocks higher. It means that stop loss orders are easily triggered. I am now ready to open short trades with smaller size preferably.”
So I have found that E is relatively weak stock . I have trade setup for short trade in this stock
I have entered trade in KO yesterday (trade setup details were described in ETF & Stock Trading ideas newsletter). It has broken long downtrend and is now poised for further gains.
This stock fits to my technical strategies but it has also value based on my global macro approach.
I noticed that RFMD is trying to break out strong resistance. This is long term resistance level and if will be broken I will expect strong advance in stock price.
UUP made bullish stock chart pattern (bulflag) again.I am waiting for new breakout of this stock chart pattern for ETF trade in this ETF.
DBA is presenting very nice trading range. One can buy on the support and sell on resistance. Right now I think that price can go down to support level of trading range.
I have read a lot about good harvest of agriculture commodities so fundamentals also confirm down move.
CQB has bearish stock chart. It is very weak stock. I am going to short it in my fund.
I have noticed bearish stock chart pattern on AAPL chart. I am looking for short sale entry with target near 170 level. Very tight stop.
I am watching GOOG stock. It shows signs of selling and weakness. There is possibility for another drop. I am going to short this stock.

















