CJS, IMHO, Geac, does not look good on the charts.
Baanf, and PSFT, are both getting kicked , Baanf off over $5 yesterday.
I think it is more the dirth of news then any specific reason. I have been trading it from the short side, covered half yesterday, waiting to see what unfolds today. To be truthfull, I thought it would break a lot lower yesterday then it did, was surprised at it's strength, but it's still below my breakdown on the chart.
To me $50, and then $47 come to me but I can change my mind in a heartbeat...
They are still printing it on downticks, supposedly not a bullish sign, BWDIK.
russell
PS:, I am sort of notorious for having a bearish tilt in my general trading..<g>
I thought the drop in the market generally would have more of an effect than it did, but on the other hand it refused to rally when the market did for the previous 4 OR 5 DAYS.( also not a bullish sign. again, all IMHO, and BWDIK |
