Hey Chris, I like the way we're tracking some stocks with T/A now... see if those method works out!
INSP, is trying to breakout upside today, as I said the falling wedge is a bullish pattern :-)... but don't mention the PE ration again... shhhhhhh. Who gives what da fundamentalists say! j/k
NEON, now I know it's a symmetrical triangle that did a breakout yesterday, shoulda figure it out sooner... I was seeing a falling wedges, but I can't be sure, because it looks like if it breakouts here, it's going to be a premature one. Well, I charted the chart with longer time frame... shoulda look more closer to the 2 months chart, then I will get the symmetrical triangle. Congrats. Chris! Now, I will have to wait for the pullback to get in before the bullish run to at least $30. I did said it will touch $20 in the near future, and should reach this target today :-).
ASYS, today and the coming few days will determine if it will breakout downside. Not looking good.
IIVI, gapup two days ago to confirm my bullish theory. Tank back yesterday through the 13 moving average, then close right above it. This shows the power of moving average! However yesterday's breakout below did tell us that IIVI might not be able to maintain the current bullish trend. Watch closely for a downside breakout in the next few days. Today is a critical day, short it if it breaks below. If it bounces today, another bullish trend in the work!
I will try to keep track these 4 stocks for now... will try to looking into some of the stocks you mentioned when I have more time. :-) Happy trading!
Bernard |
