I'm just thumbing through some charts this Saturday afternoon and will post a few that I'm going to watch on Monday. Unfortunately, I'm going to post them one at a time throughout the course of the weekend as I have a number of issues to attend to these next two days.
The first is
AMCC; a high tight flag right at resistance. Strong volume on the way up with two low-volume consolidation bars at the top of this range (impulse, consolidate, impulse).

Some perspective vis a vis the weekly chart:
BJS; possible base break with large volume coming in to the move
PAY; High tight flag (again; impulse, consolidate, impulse).

The weekly might provide a little hesitation in possible forward movement, but it is an nr7 at the top of the previous bar's range.

Gold of course should be on everyones radar. The commodity recently flagged at it's highs and is timid in this $1000/ounce region. But, an extension upward could bring a lot of momentum.
I like
GDX
That is all for now....more later
1 comment:
BJS looks very nice.
stewie.
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