SI
SI
discoversearch

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 : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (37877)8/17/2000 8:50:55 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
Well, I sent them three photos, and they used this one...

stockcharts.com



To: Susan Saline who wrote (37877)8/18/2000 1:33:41 AM
From: ken-l  Respond to of 43080
 
susan, barbara, and all re: BVSN

this message is not an advice to buy/sell BVSN .. it is only my humble opinion, and i'm always wrong !!

BVSN:
bullish
- closed with a reversal pattern 'bullish engulfing'.
- closed above its 10dma for the first time after it filled the gap back in july.
- traded above its short term 61.8% retracement @31.28
- broke the short term down trend line.
- after the rebound from the low in may to the top in mid june, it has been forming a bullish falling wedge formation. although it retraces 100%, it's still considered a bullish pattern.
- long term oversold sentiment.
- MACD is printing a positive divergences.

bearish
- although it printed a reversal pattern at the close today, it still needs a confirmation of the trend reversal tomorrow.
- the reversal today doesnt mean that it's up trending <yet>
- closed rite underneath one of the 2 long term down trend line @33 5/8 today; but, that down trend line resistance will be trending lower tomorrow. watch the gap, if it's being gap lower tomorrow morning, there is a chance it might want to revisit the recent low.
- the second longer term down trend line currently trading @47+/-, and gradually moving lower.
- the 61.8% intermediate term <trading betw 47-27.69> retracement @35+/- is not yet broken.
- short term overbought sentiment <15/30min intraday chart>

anyway, it is late here in the east .. i cant think of any more of the bullish/bearish sentiment !!

here's the several supports/resist:
- 20+/-
- 25.25+/-
- 27.75+/-
- 31.28+/-
- 32.38+/-
- 33.47+/-
- 34.82+/-
- 35.10+/-
- 36+/-
- 37.38+/-
- 37.75+/-
- 39.65+/-
- 42.46+/-
- 47.67+/-
- 53.79+/-

i didnt post the moving avg suppt/resist cuz they're changing daily, and most <if not all> of ya know how to access those figures !!

regards and good luck all,

auto
ps. keep an eye on the 200dma @3945+/- on the compx tomorrow ... if it's broken, the higher resist are @3995+/- and 4066+/- respectively !!!

pps. should i make any mistakes, or skip anything, please feel free to correct/adjust as needed !!