Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 689.10

0.0%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (47814)	4/24/2012 11:23:53 PM
From: Johnny Canuck	Read Replies (1) of 69962

Surprised at the strength of this stock given the negative sentiment of the drilling service stocks in general. The intermediate trend is still positive, even though this is on a short term sell signal that has not be negated yet. It has tried to negate the short term sell signal 3 times recent but failed. I would expect it to break down to at least the $34 if the market sells off in a significant way.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next