Cup and handle on weekly. Orderly pullback with snap back up in progress.
Showing posts with label SNDA. Show all posts
Showing posts with label SNDA. Show all posts
Saturday, September 22, 2007
Tuesday, September 18, 2007
**Feds cut rate by 50 points. The market was expecting 25. When it got 50, big move on DJ-30 +300 points. Huge short covering here. Even though everything went up, there's a feeling the economy must really be bad for the Feds to cut rate that much. I will remain on the fence and wait for the market to tell me what to do.
**FTO went up $3.00 to $47.18. No pullback. Will not chase it here.
**BZP is really going good. Up to $7.75. Note the hammer finish. Will add to any pullback.
**T2118.... +116.95...resuming uptrend
**MTH...See bounce at 50MA to pullback. Consider entry after
**NVDA...bullish 3 day candlestick reversal. Excellent volume. See pullback on hourly @ $36. If close above $36 on hourly, will consider going long.
**BOBJ...Very choppy on daily. On longer term chart, looking very bullish. Possible long @ $47.20 with stop @ $45.50.
**BXP...Broke 50MA daily...Nice volume. Upper BB and 200MA are overhead resistance @ $105. If it can get through $105 will take a long position.
**ADSK..Took out both June and July swing high. Excellent volume. Is in All-time high territory here. Will monitor here.
**SCHN...Took out July swing high. Excellent volume. Will check price action ala 7/10 after that gap up. That was good for a 4 point move.
** CLB...maybe too late. Can't chase. But, notice the scout action on the candles the last 2 days prior to today's breakout.
**PSA... Nice bullish action of the 50MA daily. Bumps into the upper BB and 100MA. Nice volume. Needs to clear $80.34 before consider long position.
**FMC...Excellent move after split on 9/14. Might be too late.
**SNDA...Can't chase. Let the game come to me. :-)
**FTO went up $3.00 to $47.18. No pullback. Will not chase it here.
**BZP is really going good. Up to $7.75. Note the hammer finish. Will add to any pullback.
**T2118.... +116.95...resuming uptrend
**MTH...See bounce at 50MA to pullback. Consider entry after
**NVDA...bullish 3 day candlestick reversal. Excellent volume. See pullback on hourly @ $36. If close above $36 on hourly, will consider going long.
**BOBJ...Very choppy on daily. On longer term chart, looking very bullish. Possible long @ $47.20 with stop @ $45.50.
**BXP...Broke 50MA daily...Nice volume. Upper BB and 200MA are overhead resistance @ $105. If it can get through $105 will take a long position.
**ADSK..Took out both June and July swing high. Excellent volume. Is in All-time high territory here. Will monitor here.
**SCHN...Took out July swing high. Excellent volume. Will check price action ala 7/10 after that gap up. That was good for a 4 point move.
** CLB...maybe too late. Can't chase. But, notice the scout action on the candles the last 2 days prior to today's breakout.
**PSA... Nice bullish action of the 50MA daily. Bumps into the upper BB and 100MA. Nice volume. Needs to clear $80.34 before consider long position.
**FMC...Excellent move after split on 9/14. Might be too late.
**SNDA...Can't chase. Let the game come to me. :-)
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