Month: February 2008
30 Minute Charts
The charts below have a 5 day moving average- orangeVWAP since 75 bp rate cut- purple horizontalkey support- greenkey resistance- red The financials appear to be flirting with a more serious break down below support which could lead to a test of the lows in … Read More
Boeing Company (BA)
is the stock on WALLSTRIP today.
Video Stock Market Technical Analysis 2/28/08
I added links to some of the other video hosting sites just under the AMZN box on the right. If Youtube is having problems, I would suggest you try one of them. iTunes seems to get it posted pretty … Read More
The Battle at 44.50
continues and the buyers persistance is impressive. Remember, it is not the break that matters as much as the subsequent action. If you are long or contemplating a buy past resistance be sure to have an exit strategy in mind if the break out materializes … Read More
Brigham Exploration (BEXP)
I mentioned this stock in yesterdays video as one which looked poised for a move past resistance. I also suggested that the worst case stop should be placed just under 7.20 If you are involved in the stock I would sell at least half the … Read More
The Rangebound Market
has left a lot of traders with losses and a feeling of DEPRESSION Do not force trades. If the market isn’t providing you with good trading opportunities it is sending you a message to go slow. Cash is a a position which give … Read More
Stock Market Video Technical Analysis 2/27/08
I have no control of when the videos are available for viewing. Youtube is generally the first available, which is why I embed that one most often, but if it says “unavailable” you can always search the other sites … Read More