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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. |
Stock Market Video Technical Analysis Review 8/7/07
Posted on 08/07/2007 22:36:40 | Link | Post Comment
After all the recent doom and gloom, the market seemed to be looking for a reason to rally and today it found one. Once the initial volatility that typically follows a Fed announcement was cleared, buyers took control by pushing past the recent downtrend lines on the intrady charts we have been watching and it now looks like the upside targets I outlined yesterday could come into play. The daily charts are still deeply damaged right now which means you need to keep stops in place as volatility is likely to remain high. Remember, DEFENSE WINS THIS GAME!
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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]
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]
Millionaire Now! by Larry Nusbaum - Fri Jul 18, 2008 08:23AM
U.S. stock futures rebound on Citigroup results"S&a [read more]
U.S. stock futures rebound on Citigroup results"S&a [read more]
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