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Alpha TrendsAlpha Trends is dedicated to unbiased technical analysis of momentum stocks or stocks that look poised for a large move in either direction. It is updated by Brian Shannon with video and written technical analysis of the equities markets and individual stocks. |
Should We Trust This Early Strength?
Posted on 06/13/2007 15:05:00 | Link | Post Comment
I'm not trusting it, especially with the yield creeping up again this morning. I'm still hoping for a test of the lows before there is a good buy setup, but hope doesn't pay the bills. It is a traders market right now and you are either quick or dead.
The stock on
WALLSTRIP this morning is GSI Commerce (GSIC). The longer term chart shows a nice breakout with room to run but I would only buy it on strength, details in video below.
The stock on
WALLSTRIP this morning is GSI Commerce (GSIC). The longer term chart shows a nice breakout with room to run but I would only buy it on strength, details in video below.
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Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
Hedge funds have made billions this year shorting the banks, [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]












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