Chart of the week

Chart of the week

Date: 11/30/2009

Symbol: WOOF

Company Profile: VCA Antech, Inc. operates as an animal healthcare services company in the United States and Canada. The company offers veterinary services and diagnostic testing to support veterinary care; and sells diagnostic imaging equipment, and other medical technology products and related services to the veterinary market.

Sector: Services

Industry: Personal Services

TRADING PLAN

Entry price: short under 22.75

Stop price: stop above 23.75

Target: 20 - 18 areas

Chart explanation: I’m looking for market weekly/monthly correction and WOOF is in same line. After weekly consolidation I’m looking for selling continuation and setup under $22.75. Stop will be above previous daily high ($23.75) and at that point weekly pattern wont be valid any more.

If anyone have any question or need update feel contact me over email or in the live trading room.




Wish you all good trading!!!
Kind regards
Ivica
http://www.ivicatradingcharts.com/

ETF Corner - 11/23/2009

ETF Corner - 11/23/2009
­
Good day,



If you have any questions, please contact me.
Good luck trading today!!!!

http://www.ivicatradingcharts.com/
Ivica Juracic

Chart of the week

Chart of the week

Date: 11/23/2009

Symbol: HSC

Company Profile: Harsco Corporation provides industrial services and engineered products worldwide. The company operates in two segments, Harsco Infrastructure and Harsco Metals.

Sector: Basic Materials

Industry: Steel & Iron

TRADING PLAN

Entry price: short under 32.25

Stop price: stop above 32.74

Target: 31-30 areas

Chart explanation: HSC already start with new selling wave. Daily flag is broken and I’m looking for possible continuation setup. Found it with Friday action and continuation pattern. Day trade target is 31.50-31 area, while swing is more. If you look at weekly/monthly charts too you can see that HSC have room to see 29 areas what is 200sma on daily chart. HSC action will depend to market action. For start I will use daily CP setup and we will see what kind of pace and volume will be

If anyone have any question or need update feel contact me over email or in the live trading room.

Wish you all good trading!!!
Kind regards
Ivica
http://www.ivicatradingcharts.com/

Chart of the week

Chart of the week

Date: 11/16/2009

Symbol: RKT

Company Profile: Rock-Tenn Company manufactures and sells packaging products, recycled paperboard, containerboard, bleached paperboard, and merchandising displays worldwide.

Sector: Consumer Goods

Industry: Paper & Paper Products

TRADING PLAN

Entry price: buy above: 13.55

Stop price: sell under: 13.20

Target: 14.00 – 15.00 areas

Chart explanation: I like cup and handle on daily time frame, what result with bull flag on right side. You know that I admin only three truly patterns but that is discussion for mentoring program. Anyway, weekly and monthly time frame support long side and first resistance will be $50 as number resistance area. After that resistance is previous high and new highs. If you look at monthly chart you can see that with good pace and volume RKT can turn in to position trade what can be interesting for long term traders.

If anyone have any question or need update feel contact me over email or in the live trading room.




Wish you all good trading!!!
Kind regards
Ivica
http://www.ivicatradingcharts.com/

Chart of the week

Chart of the week

Date: 11/09/2009

Symbol: JNPR

Company Profile: Juniper Networks, Inc. designs, develops, and sells products and services that provide network infrastructure, which creates environment for accelerating the deployment of services and applications over a single Internet Protocol (IP) based network.

Sector: Technology

Industry: Networking & Communication Devices

TRADING PLAN

Entry price: under: 25.00

Stop price: above: 26.10

Target: 22.50 areas

Chart explanation: I will look for book selling continuation. We can see daily 3rd try triangle and next try is third try. Also we can see that selling from daily high is stronger then buying in to it what suggest for trend reversal. Also on the weekly chart JNPR formed continuation pattern and I will look for 200sma as target area

If anyone have any question or need update feel contact me over email or in the live trading room.




Wish you all good trading!!!
Kind regards
Ivica
http://www.ivicatradingcharts.com/

Chart of the week

Chart of the week

Date: 11/02/2009

Symbol: VTR

Company Profile: Ventas, Inc., through its subsidiaries, operates as a healthcare real estate investment trust in the United States. It finances, owns, and leases healthcare related and senior housing facilities.

Sector: Financial

Industry: REIT - Healthcare Facilities

TRADING PLAN

Entry price: above: 41.15

Stop price: under: 38.95

Target: 45-50 areas

Chart explanation: Obviously VTR is much stronger then market and look like have “own way” and it is always nice to find that kind of chart. Of course nothing is 100% sure, but I will look for long above weekly high and I want it to stay above 10sma support area (brown line) at this point. VTR have room for position trade too, but it is hard to say and because of that I will start with swing trade and with trading plan explained on the chart.

If anyone have any question or need update feel contact me over email or in the live trading room.




Wish you all good trading!!!
Kind regards
Ivica
http://www.ivicatradingcharts.com/