Simple stock trading blog » Swing trade commentary

Stock chart technical analysis for SBUX

richk — Sat, 14 Jan 2012 19:14:11 +0000

I have SBUX in my bull list of stocks I want to trade on long side. It is one of tickers produced by my best screening method. I monitor this stock as it moves up without any specific retracement or pullback.

I do not want to buy this stock now. The patience is key in profitable trading. The chasing of any trade is not profitable way for stock trading. I would like to see nice pullback before new entry into trade with this stock.

Bullish V stock chart analysis

richk — Mon, 07 Mar 2011 17:47:52 +0000

I have moved V stock into my watchlist for possible bullish trade. I like current action of Visa stock. If it will move above 76 USD then I would like to enter trade on long side.

Q – waiting for pullback

richk — Sun, 07 Nov 2010 13:48:16 +0000

I was long Q from important breakout 2 month ago and now I have closed trade as stock signalizes possible pause in trend. I like this stock and will wait for pullback to 6.20 area for new entry. I think that further rally is possible.

SRCL nice breakout

richk — Thu, 10 Jun 2010 10:23:11 +0000

I mentioned SRCL few days ago. It managed nice breakout above 60 level. If you missed entry or prefer to wait if breakout will hold, then wait for possible pullback back to 60 level.

CPN bullish stock pick looks good !

richk — Wed, 12 May 2010 12:15:52 +0000

I bought CPN based on setup in my trading newsletter during fear and panic last week. And CPN is really strong. It moved up. I think that CPN has more upside potential.

KFT bullish stock chart

richk — Wed, 14 Apr 2010 09:59:31 +0000

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

UUP is only bullish ETF right now

richk — Fri, 05 Feb 2010 12:34:41 +0000

I noticed that UUP is only bullish ETF in today’s market.

I am in long UUP trade for more then month and expect more upside move.

I was able to spot early strength by my proprietary scanner I use for scanning about 80 ETFs in my watch list. I use this watch list for selecting best trading opportunities for my ETF trading strategy I use in my fund.

Btw. I am now preparing special newsletter which will publish my ETF trading setups , picks and analysis. Keep tuned, will be available soon.

AAPL starts to be weak

richk — Tue, 08 Dec 2009 14:04:21 +0000

AAPL stock has broken support levels and is poised for more declines. Uptrend finished.

Energy finished pullback – new down move in front of us

richk — Wed, 01 Apr 2009 05:02:06 +0000

I noticed that Energy sector finished pullback. I noticed several times in last month that this sector is poised for more declines.

Now it looks like its downtrend move is starting again.

I like to enter this ETF trade with Oil Short ETF with symbol DUG.

Energy stocks hammered

richk — Wed, 04 Mar 2009 05:31:54 +0000

CVX, XOM , EOG and whole Energy sector were hammered during last few days a lot.

I mentioned bearish scenario few weeks ago, so hope you did good trades in this sector