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Analysis to some stock around the world.

Started by Orson Vaughan, May 27, 2006, 09:06:08 PM

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Orson Vaughan

Altri SGPS S.A. (ALTR:Lisbon)


Last trade 2.12€.

Altri doesn't have enough data to a good interpretation of the chart but we will try extracting some information.

Altri SGPS S.A. is part of the Basic Materials sector which is in Bear Confirmed status at 32 % in a column of O 's. ALTR-LB is trading above the Bullish Support Line (BSL). The Relative Strength against the Market is on a Buy signal given on 08/30/2005 and the Relative Strength chart has been in a column of O's since 05/02/2006. The weekly momentum, turned negative on 04/28/2006 indicate a short term weakness. The monthly momentum is negative for 3 months indicate a long term weakness. But the daily momentum is positive for 16 days, The cross point to the weekly momentum is 4.94€.

The moving averages of show the stock trading below its 200 day moving average, 150 moving average and its 50 day moving average. The relationship between the 50 dayt and the 200 day moving average shows the 50 day moving average above the 200 day what is a good signal.

ALTR-LB is trading -105% on the oversold side of the ten week trading band, the middle of this trading band is 3.40€.

The stock broke a double bottom at 2.60 in a P&F chart 0.10 €/box and drop 0.60€ from that point.  Is trading at 3 boxes to the BSL and the daily momentum is positive. Is not a good trading, other stock look better, but for the investor who want buy this particular stock, I think they can do it know and scaling the price after the price broken the 2.30€. The first resistance is 4.4€, a double top.

Use a stop lose at 1.45€.

Sincerely,

Orson Vaughan



"They say there are two sides to everything. But there is only one side to the stock market, and it is not the bull side or the bear side, but the right side," - Jesse Livermore

www.rightsideclub.com/forum

Orson Vaughan

Anheuser-Busch Companies, Inc (BUD:NYSE)


Last trade 45.76USD.

Bud is in the Foods Beverages/Soap sector. This sector is in Bear Confirmed status at 50 %. The current level of the sector bullish percent chart indicates there is still some room to the downside. We like to play sectors which fall below 30% and then reverse up. Based on a comparison with the S&P 500 Equal Dollar Weighted Index this stock is under performing the averages. We say this because the Relative Strength versus the Market chart is in a column of Os. Watch for a reversal into Xs as an indication that the RS is improving, for now is not a good sector to play in the attack.

Comparing Anheuser-Busch Companies, Inc. against an equal dollar weighted index of it's peers indicates that the stock is under performing since that Relative Strength chart is in Os. The trend chart of Anheuser-Busch Companies, Inc. shows the chart is trading below the Bearish Resistance Line. The most recent pattern was a Double Top at 46USD on 05/09/2006 and the stock continues trading in a column of Xs.

The weekly distribution puts the stock on the overbought side by 43.5%
The mid range of the distribution is at 44.24.

The Bearish Resistance Line (BRS) is at 48USD. If the stock broke this line with the weekly momentum turned positive on 04/21/2006 indicating short term strength and monthly momentum positive too, I think you can looking to buy. In this time, don't think buy it, for the oppose it, it the stock reverse to Os sell it.

The stock is with 0 attributes positives for 5.

This is a kind of stock to Warren Buffet buy it not for anyone who is looking for chart. If you are think buy it for the long term, wait a little bit and you may be can buy a little better.

Sincerely,

Orson Vaughan
"They say there are two sides to everything. But there is only one side to the stock market, and it is not the bull side or the bear side, but the right side," - Jesse Livermore

www.rightsideclub.com/forum

Orson Vaughan

Coeur Dalene Mines Corp (CDE:NYSE)


Last trade 4.75USD.

Coeur Dalene Mines Corp is in the Precious Metals sector. This sector is in Bear Confirmed status at 58 %. The sector bullish percent chart still has room to deteriorate. Based on a comparison with the S&P 500 Equal Dollar Weighted Index this stock is under performing the averages. We say this because the Relative Strength versus the Market chart is in a column of Os. Watch for a reversal into Xs as an indication that the RS is improving. Comparing Coeur Dalene Mines Corp against an equal dollar weighted index of it's peers indicates that the stock is under performing since that Relative Strength chart is in Os. The trend chart of Coeur Dalene Mines Corp shows the chart is in an trading above the Bullish Support Line but is not a strong BSL, is very recent. The most recent pattern was a Spread Triple Top at 5.500 02/02/2006, after the broke the stock rise to 7USD where invert and start falling, and today is trading at 4.75USD in a column of Os.

The weekly distribution puts the stock on the oversold side by -80.6%. The mid range of the distribution is at 6.29. But is not enough to buy it.

The weekly momentum turned negative on 04/21/2006 indicating short term weakness, with the cross point at 8.57USD. The stock need ride a lot to be positive.

The RS market is in Buy signal but RS Peers is in sell signal and de technical attributes is 2 of 5 positives

The 50 day Moving Average is 6.15USD>200 day Moving Average. But the stock is trading this two important values. Think sell it and not buy it.  If the stock broke the 3.50USD you will be sure looking for a new low of the year.


Sincerely,

Orson Vaughan
"They say there are two sides to everything. But there is only one side to the stock market, and it is not the bull side or the bear side, but the right side," - Jesse Livermore

www.rightsideclub.com/forum

Orson Vaughan

Crude Oil Continuous (CL/:NYMEX)


Last trade 71.370USD/contract.

The Crude Oil Broke a Double Bottom at 70 and falling to 67.5 and reverse to testing the double top at 73 but didn't have enough strength to broken it and the rise stop at that price reverse to the column of Os.
Crude would have give us a buy signal with a double top buy at 74USD; instead resistance was met at 73USD and, like I show it the  Crude reversed down to 70. This action now removes the possibility for a new testing to the Highs yet, but we can have a potential for a triple top buy signal at 74 – which would be positive nonetheless.
On the downside you can short here but with a perfect stop at 73USD and a objective price at 68.5, where can find a support (double bottom), which is also de middle of the-week trading band. A move to 67 would break a double bottom and if is happen you can scaling your short position with the target at 65 near the Bullish Support Line.
Weekly momentum turned negative on 05/12/2006.
CL/ is trading 24% on the overbought side of the ten week trading band, the middle of this trading band is 69.35.
Looking for the Risk Reward you can short here with stop and reverse at 73.5USD. Or you can waiting for this broke to take a long positions. The long positions for the long term need a stop at 63USD.

Sincerely,

Orson Vaughan
"They say there are two sides to everything. But there is only one side to the stock market, and it is not the bull side or the bear side, but the right side," - Jesse Livermore

www.rightsideclub.com/forum

Orson Vaughan

BP Amoco Plc (BP:London)


Last trade 642.00b]

BP Amoco Plc. is an oil and petrochemicals company.

BP is in the Energy sector. This sector is in Bear Correction status at 48 %. The current level of the sector bullish percent chart indicates plently of room left to the upside in the group. Based on a comparison with the S&P 500 Equal Dollar Weighted Index this stock is outperforming the averages. We say this because the Relative Strength versus the Market chart is in a column of Xs.

The stock price of BP touch the BSL at 610p and reverse to the column of Xs. This is a very good signal, the BSL shows as a good support and the trend continues positive.

The most recent pattern was a broke double bottom at 630 and a spread Triple Bottom at 620 on 05/22/2006, but, like we watch the stock found a support in the BSL. The stocks trend chart is currently in a column of Xs at 640, near the 200 day moving average at 648.21.

The weekly distribution puts the stock on the oversold side by -39.7% .The mid range of the distribution is at 670.37.

The weekly momentum turned negative on 05/05/2006 indicating short term weakness but the daily momentum is positive since 05/23/2006 with the cross point at 586.44.

This is the kind of chart we are searching for our trading signals. And We  like to buy stocks with this trading signals.

I think you can buy it the stock at this price and scaling at 648.21 and, off course, at 730.

Sincerely,

Orson Vaughan

"They say there are two sides to everything. But there is only one side to the stock market, and it is not the bull side or the bear side, but the right side," - Jesse Livermore

www.rightsideclub.com/forum