Comments on: Keep Riding the IPOs

By: chrisperruna.com » Blog Archive » JASO Cup with Handle Breakout

chrisperruna.com » Blog Archive » JASO Cup with Handle Breakout — Thu, 25 Oct 2007 14:22:24 +0000

[...] handle scenario on the JA Solar Holdings (JASO) weekly chart on October 11, 2007 in a post titled Keep Riding the IPOs JASO – 42.93, the stock has formed a perfect cup with handle base with a pivot point of $48.67 [...]

By: chrisperruna.com » Blog Archive » VMware Earnings Conference Call

chrisperruna.com » Blog Archive » VMware Earnings Conference Call — Wed, 24 Oct 2007 12:57:49 +0000

[...] VMware Completes First Run Don’t guess when a trend is over, allow the market to show you when it is over! [...]

By: BlueBlog: SmartSearch Your Way To A Better Understanding

BlueBlog: SmartSearch Your Way To A Better Understanding — Fri, 12 Oct 2007 04:26:37 +0000

[...] list includes VMW. I clicked on the SmartLink and then clicked on SmartSearch and found some great analysis on the stock. Targeted and contextual, automatic and instant. [...]

By: Chris

Chris — Thu, 11 Oct 2007 20:11:44 +0000

Steven,
I am using the weekly chart for the cup with handle. I located the pivot point by confirming on the daily chart. I always use the weekly charts for my trend trades. Just like the two charts displayed in this post.

By: Chris

Chris — Thu, 11 Oct 2007 20:10:22 +0000

Dima,
This section is for subscribers to the news paper. I use eIBD (the paper version is the same thing).

By: Steven Mac

Steven Mac — Thu, 11 Oct 2007 19:46:14 +0000

Chris,

For the cup-with-handle, do you see this pattern on the daily chart (starting from Jul 15 – Sept 20 for cup and the handle from (Sept 21 – current?)

or do you see this pattern in the weekly chart? Mid-july to Mid-Sept for cup and from that point to current as handle?

I guess my question is – when looking for all these money making charts, do you tend to find them on the daily or weekly charts or both?

Thanks!

By: Dima

Dima — Thu, 11 Oct 2007 19:37:21 +0000

Chris,

“STV was one I was highlighting in my issues of IBD (upcoming IPOs section). ”

is this IPO section only available to IBD subscribers?

Thanks

By: Chris

Chris — Thu, 11 Oct 2007 17:56:32 +0000

Ben,
STV was one I was highlighting in my issues of IBD (upcoming IPOs section). Although I marked it several times, I didn’t take a position in STV.

It will be interesting to see what happens as it is trading flat the past two days.

JASO is up over 11% on huge volume but it hasn’t crossed the pivot point. I actually don’t like the gap-up in this area. But, the stong daily and weekly volume says BUY if it hits that new high! The P&F charts triggered the spread triple top breakout!

By: ben

ben — Thu, 11 Oct 2007 17:42:18 +0000

Great post Chris.
I personally couldnt agree more on JASO. Will be an interesting one to watch. Solid looking base. And IPO´s at the moment seem to be on fire (STV in the first few days for example). Im currently placed in PRGN which has been working well so far.

Keep the great blog going!
Ben

By: Chris

Chris — Thu, 11 Oct 2007 16:08:55 +0000

I have considered it but I am not a day trader; meaning short term intraday trades (that’s the big problem). I trade longer term trends and charts. I swing trade more often now than ever so maybe I am evolving into a possible full-time trading career. Time will tell. I am still in my 20′s (not for long) so I have plenty of time to make it happen.