YHOO is breaking out
Posted by btr Thu, 07 Apr 2005 00:50:29 GMT
YHOO is breaking out from its downtrend line. If you like to play break out, it's the time. Or you can wait for its pullback, but the pullback should not dip below the downtrend line.
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Posted by btr Thu, 07 Apr 2005 00:50:29 GMT
YHOO is breaking out from its downtrend line. If you like to play break out, it's the time. Or you can wait for its pullback, but the pullback should not dip below the downtrend line.
Posted by btr Thu, 07 Apr 2005 00:44:20 GMT
QQQQ still has a lot to catch up. The overhead downtrend line is heavy.
Posted by btr Thu, 07 Apr 2005 00:43:57 GMT
INDU is stablizing above the support area, a good sign to the bulls.
Posted by btr Thu, 07 Apr 2005 00:41:24 GMT
GOOG is bouncing back but at much slower pace! The recent resistence has become the new support. The new resistence is around 199.
Posted by btr Thu, 07 Apr 2005 00:38:13 GMT
HNP is right at the previous high after breaking the uptrend line. It's probably fueld by recent news on China's rising retail price in electricity. Since it's forming a double top, it's more likely to see it come down again or at least a pull back.
Posted by btr Tue, 05 Apr 2005 00:30:16 GMT
RHAT shut up more than 10% yesterday, but today it gave back about 5%. The downtrend line is still intact.
Posted by btr Tue, 05 Apr 2005 00:29:08 GMT
INDU is at double or triple bottoms, we shall see some oversold rally. The stop can be placed below current support level. The next support level is around 10,200.
Posted by btr Fri, 01 Apr 2005 01:44:32 GMT
YHOO is facing the overhead resistence. If it fails to break out this downtrend line, it's good time to short it.
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