TXN MAR 30 CHART
I’ve mentioned this Buy signal, in previous post, I’m sure...I can only find this signal on the stockcharts, 2 month chart...the signal is 100 to 1 in my favor of making a profit...So what is the signal,,,.. already????...
The signal is the thin red line.....Notice it has a thirty degree upslope....
Anytime a stock price is below a thirty degree upward sloping 50 day...
the stock always comes back and in most cases ...surpasses the 50 day....
Finally check off on EPS trend....Mar 07/08 eps is 1.57../..1.88...Oct 07/08 eps estimate...1.69/1.89....
Finally check off on EPS trend....Mar 07/08 eps is 1.57../..1.88...Oct 07/08 eps estimate...1.69/1.89....
It appears eps trend is not in my favor....BUT WHO CARES.....
the 30 degree up sloping 50 day, trumps all facts....therefore ... if I buy TXN at 30.1.......
there’s a 100 to 1 probability in my favor....I can sell for $31 or even $31.5.... OR $32+
HERE'S A SURPRISE.....here's what the outcome was.......
APRIL 3RD CHART....TXN got hit one more day...but managed to get back to where I first entered....$30.10.....and tommorow ....I will see profit.....
AND FINALLY ...APRIL 4 TXN outcome.....
There’s my profits....
What’s important to observe ...on this chart....Is now the red line (50 day).....is angling at about 25 degrees.....
the signal is slowly disappearing.....the 30/50 day signal...alas...is like a comet in the night....
It shines breifly ....and then fades back into ...the outer depths of the solar system.....
This is why When you find one....You must post it here...or at beannies..... http://beanie11111.blogspot.com/
I aprreciate, your future cooperation in this matter...Thank you...
z-stock...
9 comments:
Zstock,
Can you clarify the thirty degree upslope? I'm not exactly sure what you are pointing to. Thanks.
Am I looking at the slope of the 50 MA or the 200 MA? Isn't the red line the 200MA and it looks like it's sloping 30 degrees?
doc...
I guess I’m the only person in the stock biz...still uses stockcharts...2 mo’s...
Here’s link...where you will find numerous examples of stocks where the ‘50 DAY’ = RED LINE is 30 to 35 degree upslope....20day = BLUE LINE...
http://stockcharts.com/charts/candleglance.php?rsh,trid,txn,has,azo,ntri|B|B14
By clicking on one stock chart in the field of ten charts, stockcharts takes you to a bigger style chart...I use the big charts to see where the 200 day is.. and the Weekly chart to calculate my past percentages, movements..
http://stockcharts.com/school/doku.php?id=support:sharpcharts
NTRI..is the polar opposite...It is a short sale....
NOTE...someone at beannies bought NTRI...on Friday...they will be greatly disappointed they didn’t see this chart...NTRI, is clearly going down...Mon or Tues...NTRI..is the polar opposite...It is a short sale....
z-stock
Hey zeeeee picking on me for my NTRI call hahahaa, i think it will start reversing soon though.
a possible reasoning for your TXN reversal, the 20dma is converving with the 50dma, the convergance is what should point you to the fact that the upward move is weakening.
also prior to this up move selling was on higher vol and the past two days buying on lower vol, that should bring up a red flag.
also, how do you figure your entry date, do you wait for confirmation next day or do you enter when the 50dma is breached? and after you enter, when do you plan your exit, i mean what sort of gains are you looking for?
alok ....when the angle on 50 day...is steep....(red line on these 2 mo's)....20 day is blue line)......sometimes you get one day only.....sometimes you get three days......
sometimes the 50 day...red line isn't breached at all....i have to buy right at the 50 day.....go look at ASD...and MHK...i should buy right now....quit waiting...
here's link...
http://stockcharts.com/charts/candleglance.php?mhk,asd,dow,drc,pcp,cat,de,etn,cmi,yhoo|B|B14
ntri....i wish i had posted 50/50 makes it to 200 day....
Hey there, You have done a great job. I'll certainly digg it and personally recommend to my friends. I'm confident they will be benefited from this website.|
[url=http://instantonlinepayday.co.uk/]uk payday loans
[/url]
Post a Comment