Bocor,
For 25+ years of investing, I paid only lip-service to charts. In recent months, dabum, kodiakbull and others have caused me to re-think my earlier distrust of TA. But I am still learning...
stockcharts.com[r,a]dhclnymy[dc][pb5!b15][vc60][iub14!ua12,26,9]&listNum=2 [sorry -- I cannot get the link to work]
<img src="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=AMAT,uu[r,a]dhclnymy[dc][pb5!b15][vc60][iub14!ua12,26,9]">
The AMAT chart included a doji on June 21 (after a hammer on June 20), indicating a potential change in trend. However, the trading channel indicates that AMAT will return to a 54 - 55 level, and then become a candidate for shorting again. |