Thursday, September 06, 2007

Watch List Update

The following are some of my watch list stocks with pivot points mapped out in green (lines). I'm adding SGR to the original list published last week. My favorite sector is biotech at the moment although many of these have had a nice run, it's always possible to take out the next PP level as we saw today with BIIB. Click on the charts to enlarge.

Don't forget to set alerts above (below) PPs so you won't miss the move.















6 comments:

Anonymous said...

Awesome preview for the next day Jaime- Love to see more of this the night before
\
Ken

TJ said...

Thanks for the feedback Ken. I'll post updates of the watch list more often in the future.

Some of these names I traded today like JOYG, AMGN and CAL. HANS and FFIV broke out today but still have plenty of room to move higher and could be a momentum plays in the coming sessions.

Anonymous said...

Jamie,
Agree, nice PP guidelines.

I have been experimenting with the TI scanners to supplement a watch list. I have combined the NR7 alert with other filters. I have it configured to give a managable num of hits/day (< 25). Of those, several are good/valid entry points. Of course, it requires good TA and discretion to discern.

TJ said...

Jim,

Excellent. I just gave it a quick review and I will add NR7 too going forward. Saw nice alerts for CEPH and EBAY at 11:00. The CEPH alert was called it NR7-2 with good quality and it set off a 1 pt. move.

I'm removing NYSE stocks from the tape reading scan for now and sticking with the more familiar tech names. Tech is hot at the moment so I will narrow my focus.

Anonymous said...

Jamie, how long do these PP stay current? Do they change daily, weekly, or monthly?

TJ said...

PN,

PPs are in play as long as price is within range and until new pivots develop.