Hi Shack, I hope u r enjoying the weekend... 'cause I'm not, its too bloody cold out here in T.O.
Just curious. What do u see in the JDU chart to go long? Are u looking @ the daily, hourly or some other time frame? I was watching JDU on the hourly chart the past 3 (4?) days & was very tempted to jump in only to see my indicators fail time after time. Do u c a bounce here?
I hope I'm not asking too many questions, I am always very curious as to what a fellow trader ( & I might add, a good one) see's in the chart.
6 month chart JDU.to stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!ul14!lc20!la12,26,9!lh14,3!lb14]
Hourly chart (The time frame I am currently working in these days-far less painful than longer time frames for those of us who are stuck playing with our RRSP's) stockcharts.com[w,a]eicayymy[d20010110,20010310][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14]
The only thing that I c is the following: (not scientific), golds went down the last hour on Friday, MSFT said they would meet their target, & the bigcap NAZ stocks had a (I think) bullish candle. Also the Slo Stoc & the RSI appear to have curved North (u meet need a magnifying glass to see it though) LOL
Seriously though it does look like somebody(s?) was buying this stock in the last hour on Friday.
Hmmmm....
Please enlighten me. Regards, Peter |