Splash Zone Posts

March, in my opinion, though utterly bullish, will go down as a challenging month for active traders and in particular, successful ones that seek to to minimize risk and maximize gain. The reason for it is that, in this month alone, SPX is up 90 points or 4.6%. A huge move, no doubt. Of those 90

3/11: Bull flag pattern setup in $JPM, with support at the 50 and 20-day moving averages. Also a very nice base formed since Mid-January that it is finally comiing out of.

Looking back at the past week, we saw the markets go from being overbought to extremely overbought and there is nothing to say that it can't continue doing the same this week. Though I will admit, I think it is much more likely we see a pullback of some kind. Coming into Tuesday's rally the

FLS swing trade:. 3/1: Nice coil of late in FLS that it is starting to breakout of with a rising trend-line holding price action in place.

A very good week of trading that was entirely hinged on Wednesday where the market gapped down and reversed hard to the upside later that morning. It was a perfect example of how important it is to be flexible and nimble with the direction that the market is taking. Had not a rapid reaction to

2/26: GE coming out of a huge base it has formed over the past two months of trading and showing big potential for a move well into the $30's.

PII Swing-Trade 2/25: Solid consolidation over the past 6 trading sessions and continues to trade above the 5-day moving average with an inverse head and shoulders and clear neckline that sends the stock into a huge gap that has been left unfilled to date. AAPL Swing-Trade 2/25: I'm looking for the convergence of moving averages

Facebook (FB) Swing Trade Buying FB on the pullback to the 5-day moving average in early going. Looking for the market's strength from yesterday afternoon to continue into today, and the breakout in FB yesterday to hold again today.

2/24: R has a solid trend-line in place off of the 1/20 lows that it has tested and held multiple times. Today is another example of such, where price went down and tested the rising support level and popped immediately higher. I am looking for R to make a new higher-high here.

2/23: Bounce trade here. Highly speculative as I am looking for the lows from Friday to hold. If the bulls manage to rally off of the current lows, it could push through declining resistance that today is at $8.81. As a result, you could have a very plausible scenario that results in a 5:1 or