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Retired from US Airways, Day Trading is a great, but with these markets Swing Trading is more to the norm and quite profitable. Advocate for the Horizon House in Indianapolis. The Horizon House is the only Day Shelter for the homeless in the city and does wonderful work assisting people in... More
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  • ARNA Charts A Rise, Per Recogina! "Symmetrical Continuation Triangle"

    For all you charters;

    (Recogina November 21 2012)

    ARNA Inc forms bullish "Symmetrical Continuation Triangle" chart pattern Nov 21, 2012.

    Recognia has detected a "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on ARNA this bullish signal indicates that the stock price may rise from the close of $9.20 to the range of $14.75 - $16.25.

    The pattern formed over 105 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

    (Recogina November 21 2012)

    Disclosure: I am long ARNA, VVUS.

    Tags: ARNA
    Nov 22 8:10 AM | Link | 2 Comments
  • BIDU Forms Bullish "Continuation Wedge" Chart Pattern
    Technical Event


    Baidu ADR Reptg 1/10 Ord Shs Class A forms bullish "Continuation Wedge" chart pattern


    Recognia has detected a "Continuation Wedge (Bullish)" chart pattern formed on Baidu ADR Reptg 1/10 Ord Shs Class A (BIDU on NASDAQ). This bullish signal indicates that the price may rise from the close of 117.21 to the range of 155.00 - 164.00. The pattern formed over 58 days which is roughly the period of time in which the target price range may be achieved.

    Baidu ADR Reptg 1/10 Ord Shs Class A has a current support price of 114.95 and a resistance level of 121.59.

    A Continuation Wedge (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. Prices edge steadily lower in a converging pattern i.e. there are lower highs and lower lows. The technical event occurs when prices break above the upper trendline, thereby confirming the pattern.

    This bullish pattern can be seen on the following chart and was detected by Recognia's proprietary pattern recognition technology.

    Recognia Alert Wire content is generated at market close by Recognia Inc.

    Tags: BIDU
    Jul 19 8:01 PM | Link | 1 Comment
  • Shame On SA For Publishing (Sell Arena Pharmaceuticals And Step To The Sidelines)

    Shame on you Seeking Alpha for publishing this article you should be ashamed of yourselves!

    (Sell Arena Pharmaceuticals and Step To The Sidelines)

    You are fully aware of the type of investors that utilize your web site and seek out knowledge in investing decisions. You are responsible for publishing it and Shane Blackmon is responsible for writing it. As he stated, He timed it this way and Seeking Alpha delivered it this way in collaboration with his efforts to cause confusion, panic in investors, and the loss of millions of dollars.

    You know the difference between right and wrong, and this was very wrong. It is a pitiful human being that would do this, I had no idea you were running this type of module.

    Tags: ARNA
    Jun 23 3:09 PM | Link | 3 Comments
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