The insurance software stock EBIX – Ebix.com Inc. was recently highlighted for members as a ‘High Potential Stock’. It displays several character traits that are typical for big winning stocks in the making.

In my videos that I produce exclusively for members, you get to know what these winning character traits are. Join the Tischendorf Letter Premium to learn how to spot big winners early on: https://members.tischendorf.com

One such character trait is obviously related to price. You can spot big future winners by scanning for stocks making new 52 week highs or new all time highs. EBIX fits that description.

Information a look at a pure price chart doesn’t reveal is the short interest. With EBIX, the short interest is simply mind-boggling. More than 30% of the current float has been shorted. Interestingly, EBIX features additional big winning stock character traits, but still, traders are in denial and shorting the stock like there’s no tomorrow.

EBIX Ebix.com Inc Short Interest Squeeze Potential Insurance Software All Time High Stock Chart Pattern Pressure

This often represents a great trading opportunity. If the stock continues to creep higher and keeps printing new all time highs, at some point in time the pressure on shorts will become unbearable. When they start to cover in earnest, everyone will rush to the exit at the same time. If we get a ‘throwing in the towel’ situation, this will be the start of a big short squeeze.

As you can see in the chart below EBIX – Ebix.com offers excellent overall pattern pressure.

Click on EBIX – Ebix.com Inc. chart to enlarge:

EBIX Ebix.com Excellent Overall Pattern Pressure All Time High Stock Chart Pattern Pressure Insurance Software

Momentum traders and technical traders buying new all time highs are already adding fuel to the fire.

Update 04/19/16:

EBIX has started to run higher and is now most likely on its way toward a ‘Conservative technical price target of $60′. The chart below shows how I use technical analysis principles in order to calculate a purely technical price target. I compressed the chart, that way the formations and the dominant chart patterns are much easier to identify.

Click on EBIX – Ebix.com price target chart to enlarge:

EBIX Ebix.com Insurance Software Stock Technical Price Target Calculation Bullish Conservative Technical Analysis

In my method of trading I buy after a stock makes a new high. – Jesse Livermore
—>

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The market has been relentlessly creeping higher since I was last interviewed. In this week’s interview with Mike Swanson from WallstreetWindow we take a closer look at the Sector Rotation going on right now. We simply try to find out what is propping up the markets.

Sector Rotation & How To Think as A trader


Tischendorf Letter Interview: Sector Rotation & How To Think As A Trader – mp3

The interview is also available on Mike Swanson’s website:
http://wallstreetwindow.com/node/12808

We discuss the following stocks and sectors:

  • OLED – Universal Display
  • TSLA – Tesla Motors
  • GDX – Gold Miners ETF
  • XLE – Energy ETF
  • IBB – Biotech ETF
  • SPY – S&P 500 ETF

Here’s the OLED- Universal Display chart I posted on Twitter before we did the interview:

The best traders are not afraid of holding on to strong stocks, they are afraid of holding on to losing stocks.

Click on OLED – Universal Display chart to enlarge:

OLED Universal Display Weekly Pattern Pressure Monsterstock Big Winner Stock Chart Price Target Analysis Organic Light Emitting Diodes

OLED – Universal Display is one stock I am very bullish because of its powerful weekly pattern pressure. But there is another important aspect that makes me bullish. Potential big winning stocks often display that often overlooked characteristic.

Listen to the interview and you will know exactly what I am looking for when searching for big winners!

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A very powerful set-up is starting to shape up with FIVN – Five9 Inc. The chart is displaying a chart pattern with incredible Pattern Pressure, a concept I talk about in detail in Videos produced for Members.

FIVN – Five9 Inc. provides cloud software for contact centers in the United States and internationally. The stock is building huge pressure on both the weekly and the daily chart. The stock is trading very close to its all time high, a very bullish sign.

A very bullish sign indeed, as the ability to print a new all time high would put the stock on many traders’ radar. If the stock can bust out of its bullish ascending triangle it will qualify as a ‘New Leader’.

The added bonus is the simple fact the stock won’t have any overhead resistance. All the traders owning the stock will be in the green and show a profit. They won’t have any reason to sell, that is what typically provides the fuel for a sustained move to the upside.

Click on FIVN – Five9 Inc. Weekly chart to enlarge:

FIVN Five9 - Weekly Stock Chart Price Pattern Pressure Technical Analysis Cloud Software Contact Centers

Click on FIVN – Five9 Inc. Daily chart to enlarge:

FIVN Five9 Inc. Daily Chart Stock Price Pattern Pressure Technical Analysis Cloud Software Contact Center

The daily chart shows the chart of a typical future winner:

  • Bullish news event
  • Huge gap up
  • Big volume spike
  • Revaluation process starts
  • Bullish continuation pattern
  • Overall big pattern pressure set-up
  • Stock trades near its all time high

Conclusion: In addition to all the bullish factors providing an ideal setup for potentially much higher prices ahead, a classic TA concept is now developing in real time. We are witnessing ‘Pattern Morphing’. The stock has broken out of a bullish falling wedge pattern. Now the more bullish ascending triangle pattern is the dominant pattern. A break out to new all time highs implies much higher prices ahead. The overall pattern looks similar to a loaded spring that is waiting for pent-up pressure to be released. The purely technical price target is around $12.

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Mike Swanson from WallStreetWindow was so kind as to interview me again. The market is approaching a critical juncture, so we discussed the current strength of the rally in the markets and what to expect next.

Is the bear market over or is the worst yet to come?


Tischendorf Letter Interview: Forecasts vs. Managing Risk – mp3

The interview is also available on Mike Swanson’s website:
http://wallstreetwindow.com/node/12765

At times I do indeed have very strong opinions. But the key to successful trading is flexibility and adapting to changing situations. That simply means letting go of strong opinions as soon as the market provides us with enough clues that do not confirm previous assumptions.

My friend David Shvartsman nicely summarized the essence of the interview above in the following two tweets:

You can follow David Shvartsman on Twitter and read more of his work on his website:

https://twitter.com/FinanceTrends
http://financetrends.blogspot.com

Last week I produced an extensive Video market review for my members. The sectors that are most likely to propel the indices higher were highlighted. The S&P 500 is following the best case scenario and is displaying extreme strength.

Click on SPY – S&P 500 ETF chart to enlarge:

S$P 500 SPY ETF - Trendline Price Magnet Technical Analysis Chart Bear Market versus Bull Market

The S&P 500 is now simply displaying way more strength than most traders would like to admit.

The market is already producing a new crop of stocks that have ‘The Look’. Some of them are printing New All Time Highs and odds are high they will develop into New Market Leaders. This weekend we will take a close look at the best and strongest stocks in the market:
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Mike Swanson from WallStreetWindow invited me to do a follow-up interview. In our previous interviews from 2013 and 2014, I was bearish on gold. In our current audio interview I talk about how the technical situation for GDX – Gold Miners ETF has improved and what to expect next.

I explain what new traders should pay attention to. How they can spot new up trends and what characterizes bull markets. I then expand on how important it is to adapt to changing technicals in the markets.

The interview covers the following individual stocks:

  • AAPL – Apple
  • TSLA – Tesla Motors
  • GDX – Gold Miners ETF
  • ABX – Barrick Gold
  • KGC – Kinross Gold


Tischendorf Letter Interview: Avoid Bear Markets + Profit Form Bull Markets – mp3

The interview is also available on Mike Swanson’s website:
http://www.wallstreetwindow.com/node/12727

While listening to the interview you can look at the charts we discuss below. For more details, review the corresponding articles. For more information on TSLA before it started to break down, watch my TSLA Video Analysis.

TSLA Tesla – Counter Trend Rally

TSLA Tesla Motors Bearish Wedge Counter Trend Rally Technical Trading Analysis Chart Pattern

AAPL Apple – Bearish Head and Shoulders Pattern & Price Targets

AAPL Apple Chart Update Bearish Descending Triangle Technical Analysis Price Targets

The 3 Key Lessons of the interview are:

  1. Don’t fall in love with a stock.
  2. When the technicals change, adapt to the new situation.
  3. Patiently wait for proper set-ups.

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Find new trends. Ride them. Keep your profits when the trend changes!
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TSLA Tesla Motors Chart Update: Counter Trend Rally – Bearish Wedge Pattern

February 25, 2016

The current move to the upside in the market is tempting to buy. After all, there is never a shortage of bottom callers. From a purely technical perspective though, so far it is producing nothing more than counter trend rallies. This TSLA  – Tesla Motors chart update shows why longs should remain very cautious. So how do you know this […]

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AAPL Apple Chart Update: Downside Price Targets Remain – Bearish Technicals

February 24, 2016

The development with Apple is worrisome. Here’s an important technical update of the AAPL – Apple chart and my thoughts on APPL’s future price development. The massive bearish head and shoulders pattern outlined in my recent AAPL Apple Chart Analysis remains firmly in place. The distribution pattern hasn’t reached its technical target yet. Quite the […]

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AAPL Apple Stock Chart With Bearish Distribution Pattern – Technical Price Target

February 2, 2016

The topping formations with indices like the QQQ – Nasdaq 100 ETF and the SPY – S&P 500 ETF are still very much alive. There is tremendous distribution going on in the markets. There is no way to tell if this is going to end up only being an intermediate term top, something that in hindsight […]

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Join Now! Tischendorf Letter Premium Introductory Price Expires In 2 Days

January 31, 2016

The Tischendorf Letter Premium introductory price expires on February 1st. On February 2nd the price will go up. Act now to lock in the lower price offer. Here’s a quick reminder of what you get: Technical analysis education from a discretionary position trader with 17 years of trading experience. My trading method is a combination […]

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Tesla Motors. Is TSLA Stock A Buy, Hold Or Sell? Easy To Understand Chart Analysis Video

December 23, 2015

One of the most widely followed stocks, TSLA – Tesla Motors, is about to reach a very critical chart juncture. The CEO Elon Musk is famous for his involvement in SCTY – Solarcity and SpaceX. Everything looks bright, like the iconic Tesla logo: Let’s take a look under the hood and see what a simple and easy to […]

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