GOOG bouncing back
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.
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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.
Posted by btr Thu, 31 Mar 2005 01:43:49 GMT
It looks like this gap will be filled. A very bullish candle.
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