Chart Abbreviations:

3BC: 3 Black Crows; 3WS: 3 White Soldiers; BeC: Bear Channel; BeE: Bearish Engulfing; BTC: Buy To Close; BTO: Buy To Open; BuC: Bull Channel; BuE: Bullish Engulfing; DCC: Dark Cloud Cover; EnP: Entry Point; ExP: Exit Point; FW: Falling Wedge; HL: Higher Low; HH: Higher High; HM: Hanging Man; IR: Island Reversal; LBB: Lower Bollinger Band; LL: Lower Low; LH: Lower High; LPP: Lock Profit Point; MBB: Middle Bollinger Band; NABOP: Not A Bottom Out Pattern; NATOP: Not A Top Out Pattern; R: Resistance Line; RW: Rising Wedge; S: Support Line; SLO: Stop limit Order; SMO: Stop Market Order; STC: Sell To Close; STO: Sell To Open; T: Target; TSO: Trailing Stop Order; UBB: upper Bollinger Band;

Tuesday, March 24, 2009

Possible another DJI 250-350 pts day tomm.

AAPL: HH/HL peak doji near UBB with volume drop, KD still overbought, 100 ema ticking up, and 50 ema continue heading higher, might bull cross with 100 ema later this week or next week, this signal will serve as Mid-term buy signal for funds... tomm could be an insider, target at R3 stays...

AMZN: 50 ema only $0.03 below 200 ema, so, the a very important bull crossing 50/200 ema will happen tomm, many large fund use this crossing as a signal for long term buy and hold; Daily candle is consolidation insider with volume, "buy on dip" opp, today and tomm...KD buy signal again above 80, very strong... target at line B stays... no resistance zone here.

PCLN: consolidation with low volume, ready for big move... very narrow BB here, first target is UBB at 86.7, resistance at R2, target at A... Strong buy!!
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)