Google: preparing for sell signal

The price of GOOG has begun to move up and I am drawing a trendline to see the sell signal when it comes.

Bought Swatch

I have been watching Swatch (UHR) at Virt-x for the past few days. Yesterday's close gave a buy signal and I gave given an order to buy UHR at the open today.

The buy order gets executed at CHF 365.00

Bought Holcim

Yesterdays close for Holcim (HOLN) gave the buy signal I had been waiting for but I forgot to give the order to buy at the open today. Therefore, I bought Hocim now, at CHF 119.30

Holcim: will it give a buy signal today?

I wonder how Holcim (HOLN) will do today. Based on my chart, if it closes above CHF 117 today I should give an order to buy it at the open tomorrow, but is this really the turnaround?

Deciding against Holcim today

I see that the estimated opening price of Holcim (HOLN) has dropped to CHF 127 and therefore cancel my limit buy order, as I will be not at the computer at the opening to watch it.

Analysing Holcim

I have been watching the trend of Holcim (HOLN) for some days now and finally see a buy signal in yesterday's close. I plan to watch it at the open and hope to buy it on Virt-x at maximum CHF 129.

Evaluating Roche GS

If it weren't for the high fees charged by Swiss brokers, plus taxes, I would have sold ROG at the sell signal (at CHF 219.20 on 9 July) and bought them back at the buy signal (at CHF 213.00 on 31 July). For example, Swissquote currently charges a commission from CHF 9 to CHF 250 each for purchase and sale, depending on the amount of the transaction. Their current commission schedule is shown on the left (click to enlarge). On top of this come 0.075% federal tax and a stock market fee of CHF 0.10 per CHF 1000 transaction value.

Doing the exact calculation now, I see that a sale and repurchase would still have been worth my while, giving me a net profit of 0.7%

Bought Google

Seeing the sharp drop in price at the close yesterday, I buy GOOG today at 12:55:03 hours at USD 518.2094. The price dropped because the earnings for the second quarter were lower than expected by analysts.

Evaluating Roche GS

The stochastic trend reamains positive. Hopefully, the price will remain above the current trendline from this point forward.

For the time being, I keep my limit sell order at CHF 235.00

SILC: what others say

I saw this chart on an Internet forum today, posted after the close on 11 July, with the following comment:

"SILC has closed at the top of the day, marking the downtrend resistance line. All it needs now is to break it up close up there. The volume is above average today. Good thing."

The analyst WR Hambrecht sees the price tarket at USD 25.00, based on 24x their 2008 EPS estimate of $1.05

SILC will announce earnings on Monday morning, 23 July. While it is generally considered risky to hold a stock through earnings, this may be an exception. For the time being, I place a limit sell order at USD 25.00

Evaluating SILC

I see a possible resistance for SILC at USD 23.79, the high on 5 July.

Bought Pfizer

My buy order for PFE gets executed at the open partially at 25.78, the rest at 25.79

Analysing Pfizer

Looking through all DJ30 stocks I see that PFE gave a buy signal on 2 July. I now place a limit buy order at 25.79, which was the opening price on 3 July.

Sell limit for Roche GS

I place a limit sell order for ROG at CHF 235.00

It is too early to draw a trendline to establish a stop limit, I think. On the whole, I expect a repeat of the short bull run in March.

Bought SILC

My buy order for SILC gets executed at USD 20.11

Analysing UBS

Looking at UBS in the longer term I see on the one-year chart that the price bounced off the trendline on 27 June. On the Swiss market, it opened today below Friday's close and may want to test the resistance line once more before hopefully taking off for the long term. Stochastic looks favourable.

Buy order for SILC

The buy signal for SILC came two days ago, on 27 June, when it closed above the trendline, and stochastic confirmed the buy signal. I should have bought it at the open on Thursday, at USD 19.55, but I failed to watch it.

I now place an order to buy it on NASDAQ on Monday with a limit of USD 20.11, which is Friday's close.

Bought Roche GS

I watch ROG towards the close and buy it at CHF 216.10, at 17.08 hours.

Buy signal for Roche GS

If Roche GS (ROG) closes above CHF 214.50 today I will buy it on the Swiss exchange on Monday morning. Perhaps I may buy already today towards the close if it looks like it will close above CHF 214.50. The stochastic curve confirms the buy signal.

Watching SILC

I lost on SILC when I sold it ten days ago, but I am thinking of buying it again if it breaks out through the trendline. Just have to remember to watch it every day.