this H&S is confirmed by break the nickleline, lets see if it will test the broken line
by the way the technical target is nearly 32$
Here I present my thoughts about the markets and my way in using technical analysis. every one is welcome
Saturday, August 6, 2011
Monday, August 1, 2011
How to use technical analysis to predict the COMPQ next steps?
Technical analysis is powerful tools that serve trader to predict where are markets will go. Lets take COMPQ as example see tha chart below
Now lets combine all technical analysis methods together to get a Comprehensive view. The trend was starting near 1260 and temporary ended near 2500 within 13 months, then the uptrend has been resumed from 2050 which is 0.32 fibbonaci retracment to 2880 during 12 months, in amazing and impressively way 2880 is equal 0.62 of expansion of primary first uptrend which is started from 1260.
I think there are room for COMPQ to continue uptrend till the second uptrend equal the first uptrend in time or in price percentage, there is more likely to see new highs in near future.
Now lets combine all technical analysis methods together to get a Comprehensive view. The trend was starting near 1260 and temporary ended near 2500 within 13 months, then the uptrend has been resumed from 2050 which is 0.32 fibbonaci retracment to 2880 during 12 months, in amazing and impressively way 2880 is equal 0.62 of expansion of primary first uptrend which is started from 1260.
I think there are room for COMPQ to continue uptrend till the second uptrend equal the first uptrend in time or in price percentage, there is more likely to see new highs in near future.
Friday, July 22, 2011
Saturday, July 9, 2011
GLD
AAPL long term analysis
Thursday, June 30, 2011
rising in oil price creates good short deal (LDK,RIG,CHK)
whatever the reasons that make oil limitedly recovering, the rising oil price creates good short setup for oil-related companies such as RIG, CHK, LDK
Should Greece people worries about their own economy
conversely, as the chart shown that Greece economy witnessed dramatically drop since late of Oct, 2007, the chart also shown that huge drop is near to finish and the dark cloud almost is disappearing, so I find myself that must assure Greece people that your economy is getting better in next few (days.. months .. years), Additionally, I would like to recommending them to buy as much as they can good performance stocks ;)
RIMM goes for long trip
Actually I haven't any idae to what are happening to RIMM but I bealive that technical analysis gave fital information without knowing what is going in RIMM company cooridors
Friday, March 11, 2011
Celgene Corp. (CELG)
Celgene Corp. (CELG): "
CELG under long term decline pressure. Currently, stock breaks small up trend and may be visit last bottom.
Celgene Corp. (CELG)
Celgene Corp. (CELG): "
CELG under long term decline pressure. Currently, stock breaks small up trend and may be visit last bottom.
Thursday, February 24, 2011
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