EWZuber
1,373 posts
msg #60011
- Ignore EWZuber |
2/27/2008 2:53:22 PM
Volume on the QQQQ Hourly Chart tells the story. Buy volume has exceeded sell volume by a wide margin.
Hourly Chart distribution phase has been on very low relative volume.
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nikoschopen
2,824 posts
msg #60012
- Ignore nikoschopen |
2/27/2008 3:05:22 PM
Long LDK @ 28.25
which is right at the trendline. Stop place just below 28.
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EWZuber
1,373 posts
msg #60013
- Ignore EWZuber |
2/27/2008 3:09:57 PM
Looks like MSFT is about to offer another buy signal on the Hourly Chart.
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EWZuber
1,373 posts
msg #60014
- Ignore EWZuber |
2/27/2008 3:15:19 PM
nikoschopen, Since LDK has been in a downtrend I think I would want to see it break the 5m/10 MA as resistance and confirm it as support first.
Last cycle on the 5m chart confirmed it is still resistance.
If it was already in an uptrend then I would buy at support.
GL
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EWZuber
1,373 posts
msg #60016
- Ignore EWZuber |
2/27/2008 3:34:29 PM
LDK 5m chart Trendline support holding so far this cycle.
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EWZuber
1,373 posts
msg #60017
- Ignore EWZuber |
2/27/2008 3:40:29 PM
LDK TLS broken. 5m/10MA confirmed as resistance again this cycle.
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EWZuber
1,373 posts
msg #60018
- Ignore EWZuber |
2/27/2008 3:50:04 PM
LDK buy volume picking up current 5m candlestick.
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nikoschopen
2,824 posts
msg #60019
- Ignore nikoschopen |
2/27/2008 3:54:02 PM
There goes my LDK. Stopped out @ 27.89
Now you and I finally have something in common. lol
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EWZuber
1,373 posts
msg #60020
- Ignore EWZuber |
2/27/2008 3:54:32 PM
That looks more like short volume driving it down rather than sell volume.
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EWZuber
1,373 posts
msg #60021
- Ignore EWZuber |
2/27/2008 3:57:05 PM
MSFT held back by TLR. Formed a triangle pattern and broke to the downside. No buy signal so far.
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