Diary of a Financier

Watch list: Buy candidates’ charts

In Trading Desk on Fri 13 Dec 2013 at 07:05

Some illustrations of the technicals and chart patterns belonging to the candidates for new positions (buys) to be added to our portfolio, featuring:

$BRK.B $CREE $CROX $NTES $PKX $VLCCF $YELP

~~~~

Berkshire Hathaway Class B ($BRK.B)

BRK.B daily- Bull pennant near breakout ($120 flagpole), but beware of morph into descending triangle ($111 support)

BRK.B daily-
Bull pennant near breakout ($120 flagpole), but beware of morph into descending triangle ($111 support)

Cree ($CREE)

CREE daily- LT C&H w $76 rim, ST bull divergence

CREE daily-
LT C&H w $76 rim, ST bull divergence

Crocks ($CROX)

CROX daily/weekly- Daily ST complex H&S bottom at R shoulder support ($12.7) w $14.3 neckline & bull divergence, could fill gap $17; Weekly bull flag w bull divergence

CROX daily/weekly-
Daily ST complex H&S bottom at R shoulder support ($12.7) w $14.3 neckline & bull divergence, could fill gap >$17;
Weekly bull flag w bull divergence

Netease ($NTES)

NTES daily/weekly- Daily LT bull flag ($77.6 flagpole) w ST H&S bottom looking for R shoulder support ~$66.2, but beware of future complex fulcrum top if breakout fails; Weekly 3x bear divergence

NTES daily/weekly-
Daily LT bull flag ($77.6 flagpole) w ST H&S bottom looking for R shoulder support ~$66.2, but beware of future complex fulcrum top if breakout fails;
Weekly 3x bear divergence

Posco ($PKX)

PKX daily/weekly- Daily breakout from LT falling wedge, tilted H&S bottom w 2x bull divergence; Weekly breakout from LT symmetrical wedge w bull divergence

PKX daily/weekly-
Daily breakout from LT falling wedge, tilted H&S bottom w 2x bull divergence;
Weekly breakout from LT symmetrical wedge w bull divergence

Knightsbridge Tankers ($VLCCF)

VLCCF daily/weekly- Daily C&H nearing breakout >$10.4 rim; Weekly LT falling wedge near breakout w bull divergence

VLCCF daily/weekly-
Daily C&H nearing breakout >$10.4 rim;
Weekly LT falling wedge near breakout w bull divergence

Yelp ($YELP)

YELP daily- Bull flag ($75 flagpole) w bull reversal developing

YELP daily-
Bull flag ($75 flagpole) w bull reversal developing

–Romeo

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