TheChasm

TheChasm

One of my 2014 plays, taking profits now and looking to rebuy in lower

TheChasm

I really like this company ALSK. I've been checking out their fundamentals for awhile now. They have been sitting at 1.78 bottom for awhile now and I think 2014 might be there year for them to take off.

TheChasm

Cup forming.

TheChasm

We are stuck between the prices $33 and $28 which is reminiscent of 2009. Long term cup has formed. Looking for break out or a handle.

TheChasm

Safe entry point in future will be around 33.34 where it broke a previous high. Looking to take profits in high 40s

TheChasm

FRO should have at least 1 more leg up left in it.

TheChasm

It's still early, but the ratio chart I made () seems to be playing out, so I wanted to extend on it and do some more analysis. In this chart I cover some more of the similarities between these rallies and what to look for going forward which could give confirmation to this prediction.

TheChasm

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TheChasm

Stocks for 2014

TheChasm

Shipping stocks are hot for 2014 after settling and flat lining for the past few years. Potential profits are high

TheChasm

I used the fib tool and changed the ratios to match the swings in our first move - marked 1, 2, 3, 4, 5. I then laid those ratios over the next rally and was surprised at how similar they are. Starting at 1 we have hit 2, 3 and 4 spot on. Assuming we will continue this, our next swing 5 will bring us down to 700 area.

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Longer term moving averages become important in finding bottoms before another move up

TheChasm

Lack of strength in this area of uncertainty. Making lower highs on less volume

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Just making this chart to help learn how to forecast prices.

TheChasm

Looking to cover around floor area 870s

TheChasm

BTC looking like a nice downtrend. Some lines and areas of concern to watch for to make sure we are still trending down.

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Using horizontal lines has many uses. Not only can it help us predict future tops and bottoms but it also can show us how interested people were at a certain price level. Look at the nice mirror image we have in price action. Hardly any time within 26.7 - 28.1 Some time within 24.8 -26.7 and quite a bit of interest between 22.9 and 24.8. It is very...

TheChasm

I like this company for speculation, Just doing a little analysis in the mean time. looking at minor pull back and then testing 2.89.