$PVH will 67.00 Hold?

-If it does , trade the 67.00/69.00 range.

$WTW 71.50 Key Pivot

http://www.fool.com/investing/general/2011/05/06/weight-watchers-shares-plunged-what-you-need-to-kn.aspx

-Plan to trade long above 71.50 , short below.

Using Volume Spikes in Intraday Trading. $SLV $FXE $BBBY $CL $study

-If you are looking for a change in the intraday trend of an asset, volume spikes can be very helpful. I blogged in the recent past about an intraday spike in $BBBY and $CL . I blogged about both wondering if a turn would happen after I saw what seemed like a spike and in both cases the theory was correct...both stocks turned direction with the volume spike coinciding with the highs for the day.

 - http://jpotrading.blogspot.com/2011/04/bbby-surge-in-volume-indicating-turn.html
 - http://jpotrading.blogspot.com/2011/04/cl-8500-high-for-day.html

-Yesterday silver was collapsing and coincidentally the dollar was very strong. People were wondering if there was a cause and effect and if so in what direction; so I watched $FXE while wondering when/if $SLV would turn.

-The 11.00 volume bar in $FXE shows a spike in volume and the dollar stops stregthening.
-The 11.10 volume bar makes a huge volume spike (turns out biggest of the day).

This gave me confidence to make a long scalp in silver...the thought of something more substantial occured to me but $FXE and $SLV were just not bouncing with the energy needed.

$JDSU Levels for Afternoon Trading

-Long term support at 21.60 .-Short term resistance 22.30

$AVP Levels and Trading Plan.



Support            Resistance        Pivot

30.30               31.30/31.60       31.00

Notes:    OK results, yesterday´s 5% pop looks like enough.

Plan:       Short Bias especially if staying  below 31.00 . Fade 31.30 .



$HLF Levels and Trading Plan



Ticker           Support                   Resistance           Inflection     

HLF             100.60/101.45       103.30/104.30               

-Notes:         20+% growth in revenues; $6 x 20 = $120       http://finance.yahoo.com/news/Herbalife-Earnings-Third-wscheats-1464152871.html?x=0&.v=1

-Plan:           Long bias, trade the range, watch for test of 104.30  for breakout.

$CL 85.00 High for the day?

CL up over 2% today with upgrades after results yesterday. Yesterday was up around 3% . DOes that volume bar where it reaches 85.00 indicate a near term top? Shortred at 84.80.

$WTW Shorting it.

-$WTW has been on a tear since last posting results. Yesterday  there was a nice red candle on the daily chart showing  the largest daily loss since last posting results; and this on a day the market was reaching new highs.

-Today it has recoverd most of the loss, but I am betting its a dead cat bounce and shorted at 77.90 close to the opening level of yesterday´s red candle.

$SBUX Long and Short Term Trading Levels

$WHR Long Term Trading Levels.

$BRCM Long Term Trading Levels

$AMZN Trading Levels

Trading Levels for Tomorrow $PLCM $ARUN $KMB

$TIF Volume Showing Stops Being Popped at 67.00.

Now have to watch to see if remains above 67.00...otherwise reversal.

$BBBY Surge in Volume Indicating a turn?

Surge in volume in the 5min bar 11:15/11:20 mean a turn?

Levels for $INTC and $IBM "predicted" successfully. $study

-I charted/posted trading levels for $INTC before the market opened and for $IBM before their results yesterday.
-I posted 21.35 as a resistance level for $INTC and so far the top has been 21.34 .
-I posted 162.25 as a support for $IBM before their results...and so far the low has been 162.19.

http://jpotrading.blogspot.com/search/label/%24IBM

http://jpotrading.blogspot.com/search/label/%24INTC

$INTC Trading Levels.

-On the long term chart not shown there is resistance at 22.30.
-Average rise in analysts price targets was $2.00
-EPS beat estimates by 28% , whereas earnings beat estimates by 11% .
-14 week instead of 13 week...relevant?

Levels for $IBM and $YHOO Results.

-IBM and YHOO reporting later...levels to help with the reaction. $IBM basically has no upside resistance.

$GS Trading Levels

Long Term

Short Term

$GPS 21.40 Strong Support

$GPS was downgraded to sell by Goldman, and with a very weak market did not break below 21.40 which shows up in the long term chart.