Showing posts with label $MAKO. Show all posts
Showing posts with label $MAKO. Show all posts

Saturday, December 10, 2011

Long Setups: $FFIV, $LCC, $MAKO, $NVDA

Cup and handle formation, looking for a breakout.

Looking for a test of the upper channel and then hopefully a breakout. 
Looking for an oversold bounce short term but then an eventual pull back on overhead resistance. 

Stock is trading in a channel, looking for action to move towards the upper channel.

Thursday, October 6, 2011

Update - $MAKO, $FAS

$MAKO - This stock ripped today, I was wrong the market was right. It's too far above the 50ma for a short

$FAS - The inverse $FAZ is coming to support and looks more likely to be a buy, thus destroying the falling wedge pattern I'd thought was developing.

Wednesday, October 5, 2011

Potential Set-ups $MAKO, $FAS

Potential long set up for financials. A lot of things have to go right for this set up to work. This chart is a couple of days old. So the stock needs another couple strong days for a break out.


Potential short play. This stock is actually very strong fundamentally. I have traded this stock and made good money from it but I won't hesitate to play it on the downside as well. I'm going to be cautious as the stock's propensity towards strength could take over.




Monday, September 12, 2011

Trade Ideas - $MAKO, $AXP

MAKO - Mako Surgical, they make a robotic arm used in knee replacement surgeries. The technique drastically recovery time. They have 2 primary revenue streams: The machinery itself and components that have to be replaced after each surgery. This double income stream is analogous to desktop printers (you to buy the printer and eventually need proprietary ink parts replaced)

This company just started turning a profit and approximately 581,000 knee replacements are performed each year in the United States. This could be a good growth stock.






AXP - American Express, at a good buy point, showing a bullish piercing reversal candle.





Tuesday, September 6, 2011

Trading Ideas - MAKO, DIG

MAKO - Inverse head and shoulders pattern.

DIG - Crude hitting support.

Crude index trading in a box. At some point we will see a breakout from this box either to the upside or to the downside.