Month: November 2013

ONVO   is   an almost vertical climb.   It broke above its green line top on Thursday and has closed at an all-time   high. Normally this break above a multi-month top would be a major buy signal, but this strong rise could be a climax run or reflect some important development in their business? I still have a small position in ONVO, but it remains a very speculative and fragile holding for me.

It looks to me like ONVO could break its green line top and go on to an all-time high soon. That would be a major buy signal for me. I already own ONVO.   Check out its weekly chart.

I also think YHOO is breaking out again.   I own YHOO. Check out this daily chart. YHOO is breaking out of its Bollinger Band consolidation.

This weekly chart shows YHOO to be in a nice Stage 2 up-trend.

Here is   a weekly GMMA chart of the gold ETF, GLD.   Gold is in a BWR down-trend with all of the shorter term averages (red) declining below the longer term averages (blue).   This is the opposite of the RWB rocket stock pattern I have discussed before. Note GLD’s RWB pattern during the up-trend through mid-2011. (The green lines are prior multi-month bases at all-time highs.)