Here's one to watch....
Descending triangle forming.....which way will it break?
Don't buy the hype and don't drink the Kool-Aid just yet.....
For the Web's best interactive charts, please visit http://www.Prophet.Net
Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
Friday, March 13, 2009
AAPL
Here's one to watch....
Descending triangle forming.....which way will it break?
Don't buy the hype and don't drink the Kool-Aid just yet.....
For the Web's best interactive charts, please visit http://www.Prophet.Net
AZO monthly
How high can AZO go?
20 more points to $180
For the Web's best interactive charts, please visit http://www.Prophet.Net
$SPX
Can the S&P 500 break 761?
For the Web's best interactive charts, please visit http://www.Prophet.Net
$INDU
DOW winning uphill fight for now...
Will the turn back down start at 200 hour EMA (Purple line)?
For the Web's best interactive charts, please visit http://www.Prophet.Net
Thursday, March 12, 2009
$INDU
Coincidence that these lines are together?
A good place to short going into Friday.....
Too much too fast....
For the Web's best interactive charts, please visit http://www.Prophet.Net
$INDU
Will the latest short covering rally break 7198?
For the Web's best interactive charts, please visit http://www.Prophet.Net
Tuesday, March 10, 2009
ASTM
Another stem cell company....
Where will these be in 4 years?
For the Web's best interactive charts, please visit http://www.Prophet.Net
STEM
Obama's effect on Stem cell research companies....
For the Web's best interactive charts, please visit http://www.Prophet.Net
Monday, March 9, 2009
AZO
Autozone doing as told.....
For the Web's best interactive charts, please visit http://www.Prophet.Net
Transportation average
Transports still getting crushed. This is the next good indicator for the turnaround....
Looks to me it'll be no time soon....
For the Web's best interactive charts, please visit http://www.Prophet.Net
Crude Daily
Next upward resistance @ $50.94
5 Day EMA crosses 20 Day EMA Bullish signal
Near-term support now at 5 Day EMA @ 45.03
Mid-term support at 20 Day EMA @ $44.16
For the Web's best interactive charts, please visit http://www.Prophet.Net
Shorting AMZN @ $58.80
If AMZN breaks the 50 day EMA lookout for $50....
Pretty easy to place tight stops here...
For the Web's best interactive charts, please visit http://www.Prophet.Net
Subscribe to:
Posts (Atom)