Author: Michael Kudrna

For four straight days, the markets have taken significant technical damage.  Many longs have become frustrated and battered, especially if you have been highly levered to commodities throughout this damage.  Silver...

Near the final hour today, we initiated another trade in Inhibitex (INHX) as it started to pullback from the day’s highs on low volume, after breaking resistance levels earlier in the day.  Our first trade was...

Sirius XM (SIRI) requested chart analysis on the forums. Already on a breakout past recent 52-week highs. Watch the volume for a key indicator on where this breakout may top out by and pullback from. Once volume dies, the...

Due to many emails lately on how I find my chart setups for daytrades, let alone how I execute them, I wrote up a quick reflection with a few charts on how this trade in Inhibitex (INHX) was designed and ended up working...

Chart request on the forums for Mosaic (MOS).  Link below   CLICK HERE FOR CHART ANALYSIS AND TRADE DETAILS FOR MOSAIC ON THE FORUMS...

Quick update to the trade.  The bulls are firmly in control of Exelixis (NASDAQ:EXEL) with a cup being formed on the intraday chart and a possible handle formation next.  A handle would give the ability to add more to...

With the market in correction mode, not much to update.  Bounce opportunities are available, but you must have zero loyalty/emotional attachment to be successful at these.    A bounce indicates the stock was...

Following up on the previous post from the forums, here is an updated chart. Exelixis (NASDAQ:EXEL) has been resting near support lines at the bottom of the trading range that was established in early March. If after hours...

Recent updates to the following trades.  Join the discussion on the forums.    Gran Tierra (GTE) Long Trade Magellan Petro (MPET) Long Trade Star Scientific (CIGX) Long Trade Apple (AAPL)  Options Earnings...