3SOF

I think it would be a wonderful idea.

This sounds an excellent idea and will allow us to discuss systems for varying trade lengths.
I look forward to it.

sebfr

If the price is going up and the MACD is down doesn't that indicate negative divergence?

Cheers Aero

Are we out of ascending triangles can we only see descending ones at the moment.

Anyone got any picks in this area?

Hi Melf

Earnings May 9th though you probably know that now. Contracts wise they are really ramping up. Wal mart stated they are going to really ramp up RFID and intend to make $6 Billion savings in inventory. They are a client of CKCM.

Fundamentals excellent. Could gap to $30 day of earnings and then run from there.
Huge short position in the stock. Could we see another TZOO.

Problem is that gap at around $19 people may be very nervous of that if it touched there at some point before earning may allay some fears.

Did not post COGO chart. Stock making new all time highs and I think you will be able to see ascending triangle. Plenty of growth expected in stock as the company is ramping up its efforts and has a number of deals to close.

Check COGO  just broke from ascending triangle at 11.5 and now making new all time highs.

Thanks for pointing out UMC.

all the best

aero

CRNT broke 5.2 plenty of headroom once 5.4 is taken out running into earnigs.
Volume picking up and still early in the day- FPE13 and $30m cash growing revs over 25%.

Thanks for pointing out Airspan always forget it at. One to monitor as well.
Though there are a bunch on this board that look exciting ala CNXT.

CRNT looks like an interesting play. Forward earnings of 12. I think it qualifies as an ascending
triangle.

Adopted by Nokia. One of the rising players in the backhaul market.

Retreated a little from the Bullish and trading above $5.
Should move through on next Volume surge.

Thanks to Quasi for his writing on chart posting and cheers to the rest of youguys your picks are being followed.

all the best

aero

Palm chart hopefully. Broke res at $21. Ready to make new yearly highs.
Smartphone market experiencing serious growth. MSFT providing heavy marketing
muscle for their phones and new products hitting the market.

Sorry no annotations I'm not a Stockcharts member and so couldn't use their charts.

Thanks Melf for the help.

Melf

Thanks for the instructions - much appreciated. This is one of my favourite threads on the board as the TA is right on.

I will try to post the chart. PALM actually broke the resistance and is now going to make
all time highs.

I have the weekend and so will have a go at posting the charts - with a certain fear of failure at the forefront of my mind.

Thanks again Aero

Quick post in appreciation. Great to see this thread places prominently, especially when the posts are so good.

Would be interested on your thoughts.
I think PALM may qualify for an ascending triangle hit resistance at $21 from previous weeks. Daily macd turning positive. Breaks reistance could move significantly higher.

Would post the charts but unfortunately computer illiterate and don't know how to link chart on to site sorry.

all the best

Aero

$8.25 first target. They are also distributing Palm's line in China. The cap seems minute for the prospects of the Co. Why do you think this hasn't really taken off. Is it because it is a China stock?

The Volume eems to be dropping considerably. This indicates that we are at a point where we could soon turn up. Also stochs are heavily oversold. May see two more days of downward pressure then the slow turn round.