Here is an interesting stock chart I created. 

Since November 2012 $FB has been following a uniformed pattern. I included the Fibonacci Retracements to better identify these various levels. In a 60min time frame the stock looks very bearish by continuously reaching lower lows. But for today I will uniquely emphasize on a daily time frame, and the strong retracements between the 32.34% and 50% levels (dollar amount: $32.34 and $24.95); these are excellent buy/sell opportunities. Now let’s take a look at the last candle which bounced from the %38.20 support level, closing the session as a Dragonfly Doji. This is a bullish reversal candle that is worth considering when appearing during a decline.  50% of the time it’s a confirmed reversal that represents as well indecision because of its lower shadow. In this situation I would wait for day two to confirm the signal, expecting green candles with larger bodies. I think $FB short term might be bullish, but I wouldn’t be sure about the upcoming weeks. Lastly, I included the MACD because of two main reasons: (1) the negative divergence that impacted the trend, and (2) the crossover of the centerline of the histogram.

Alexander Schachter

Here is an interesting stock chart I created. 

Take a look at AMZN on a daily chart and you will find a rising wedge, which seems to have confirmed a support breakout; 69% of rising wedges have a downward breakout. So now the question is, how much should it drop? All other things being held constant, I would say support can be found at the top horizontal line. If I am wrong, the lower horizontal line should lend support to AMZN.

Alexander Schachter

Here is an interesting stock chart I created. 

It's amusing how sometimes you randomly find some really nice stocks by mistaking a letter of a symbol. Well, $ARK is one of those "mistakes". At a first glance I recognized the ascending triangle that has been forming since early 2009; price kept on bouncing between the two converging trend lines, and now it’s about to breakout $4.55. So now the question is, where is the price going? We can draw assumptions based on past performances of ascending triangles, and searching for notable supports.

Here Are Some Relevant Statistics for Ascending Triangles:

-Overall performance rank for up/down breakouts: 17 out of 23; 9 out of 21.

-Break-even failure rate for up/down breakouts: 13%; 11%

-Average rise/decline: 35%; 19% 

-Throwback/pullback rate: 57%; 49%

-Percentage meeting price target for up/down breakouts: 75%; 68%

 Source: www.thepatternsite.com/at.html

Alexander Schachter

Here is an interesting stock chart I created. 

With Alcoa (AA) I just want to make a brief emphasis in what the chart is truly suggesting. The stock is currently trading above its 20/50sma. It presents strong support at $8.00 and $8.50, and resistance at $10.00, $12.20 and $14.80. The level that one should be focused on at the moment is the $10, which indeed is the most notable; if there’s a breakout, we should expect a strong rally.

Recommended Article: Alcoa, The Best Long-Term Opportunity On The Dow

www.seekingalpha.com/article/1105531

Alexander Schachter

Here is an interesting stock chart I created. 

This stock (S) has been truly beaten down by the market in previous years. Although, since summer 2012 it has vastly outperformed, more than doubling its price due to strong speculation of recovery. On October 2012 a major deal was reached with the giant Japanese telecommunications and internet company, SoftBank, which agreed on a 20.1 billion takeover(70% stake in Sprint). I recommend this article if interested in $S and its upside potential:

www.seekingalpha.com/article/1170881

Now lets take a quick look at the chart. It indicates a long rising-triangle formation, accompanied with strong volume. Price is still above the 200/50sma. A very important support level is around the $6 mark; I recommend watching closely for this breakout. Remember, investors should due their own due diligence before making any decision.

Alexander Schachter

Here is an interesting stock chart I created. 

                            

At a first glance Office Depot $ODP might not seem vey exciting, but surprisingly might be one of my top picks for the month. If you take a look at the first image, I made an emphasis on two indicators solely: DMI and SMA. The Simple Moving Averages are all lined up, indicating a very strong uptrend. The 20sma is still on top of the 50sma,also very bullish in the short-term. This chart is very convenient for position traders, being able to make huge gains out of this cheap stock, by just waiting for these crossovers; even better if waiting for the 200sma to cross. I also included the Directional Movement Index (DMI) to evaluate the strength of each major crossover (200sma). The +DI and –DI crossovers are working nicely in combination with the moving averages. These two studies together can be very profitable with $ODP. Now lets take a look at the second image. The Fibonacci Retracements are showing very strong levels. The other two red trend lines are also indicating reliable support/resistance levels. Finally I included two Gann lines coming from the top left corner, to prove that the chart is actually following a very organized trend and is not messy as it seem at a glimpse.

Alexander Schachter

Here is an interesting, but very unusual candlestick pattern I found on Facebook's daily chart.

There are four bearish continuation patterns that are considered highly reliable. These usually take place around the middle of a downtrend. Today we are only going to discuss the bearish side by side black lines pattern; in this case red lines. While the buyers tried to make an effort increasing the price today(opening with a gap), the short sellers clearly took control over the situation and pulled it back again where it previously closed. This is not a good sign because the bulls were unable to push the price further so they'll probably give up soon. No one wants to be a buyer when the short sellers are gaining momentum. This should be a good shorting opportunity, but remember to be very careful and try to select a convenient strategy to enter/exit the position because although a pattern exists, doesn't mean that it will prevail. However, for those that feel unsure about its reliability, wait the third day for a confirmation.

Alexander Schachter

Here is an interesting ETF chart I created. 

I will keep this comment short because the image is pretty straight-forward.The lower support line has a very significant role in this chart; it is the 52-week. I expect a trend reversal, but if doesn't happen by any chance, I'll normally place a stop on quote order below the trend-line. This ETF is risky, but can definitely bring you huge gains if the pattern persists. I placed the first picture basically to show the chart on a wider time frame, describing the correlation of the ETF with the Stochastic and RSI.

Alexander Schachter

Here is an interesting stock chart I created. 

This stock looks very messy overall, but shows plenty of buying/selling opportunities. If traded correctly, there can be huge gains with ORCL. The interesting fact about this company is that is clearly undervalued, and could easily satisfy potential investors in the long run. I recommend this article if there's interest in investing in Oracle:

Beta.fool.com/martinzaldua/2012/11/21/undervalued-picks-top-managers/16922/

Now let’s take a look at the chart. As said before, it does look messy, but it clearly presents trading opportunities if combined with the right set of tools. The chart indicates several V-Top patterns, as well as important levels around $25.60 and $33.50. The only thing I don’t like about this stock is the gaps. Take a look at a shorter time frame; these gaps are usually filled. The stock works fine with the MA’s/Price crossovers. I would mainly recommend combining the chart with the MACD, RSI, and Stochastic. The three of them are working fine together, particularly when they (Stoch & RSI) hit the overbought(sold) levels at the same time, and also when the MACD fast/signal line crosses the histogram in the same direction as the other two indicators.

Alexander Schachter

Here is an interesting stock chart I created. 

This stock is probably one of the best to own in your portfolio. The stock chart looks very healthy overall. Since 2009 it has maintained an upward primary trend, without any significant fluctuation; a remarkable performance. PIR maintains a steady pattern of higher highs and higher lows. Interesting enough that PIR ranks among analysts’ top picks for 2013 due to its strong buyback activity; also has a decent dividend yield of 0.92%, which is not huge, but considering the performance, is alright. Now let’s talk about the chart. I placed a Raff Regression Channel, to better identify the trend and its reliability. The price is not even close to the lower extension, so hopefully there will not be a significant through respecting the lower extension; if it does, we should expect a trend reversal. I would buy some shares of PIR when price crosses the center regression from below (vice-versa when shorting). Other buy signals that should be considered are the SMA crossovers, which indeed have worked pretty well. In the meantime watch out for the right-angled and ascending broadening formation pattern I included (orange dashed lines), and if it takes out the resistance on high volume, this should be a strong buy.

A friend from the Scottrade Community indicated as well that "PIR is a slow steady climber, and the volume is acceptable, though just barely above 1 million. I think it is heading for a Double Top and should be done with the current climb when it hits the $25.00 area"(Rhode)

You can see the near Double Top in a longer time frame. So the fact is that you still can make a gain of more than 14% before it reaches the pattern.

Alexander Schachter