EWZuber
1,373 posts
msg #59481
- Ignore EWZuber |
2/5/2008 4:13:36 AM
COMP was weaker today than I expected. Breaking it's 10 & 15 HR.MAs as support.
Daily Chart pattern support is still intact at 2375.
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EWZuber
1,373 posts
msg #59960
- Ignore EWZuber |
2/26/2008 11:57:37 AM
COMP breaking the 25 DMA. This is extremely important if it closes significantly above this MA. It has been very stiff resistance for a long time. With the Daily and Weekly Charts both in phase with eachother this could drive shorts to cover.
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EWZuber
1,373 posts
msg #59961
- Ignore EWZuber |
2/26/2008 12:04:16 PM
Long LDK @ $30.42
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johnpaulca
12,036 posts
msg #59964
- Ignore johnpaulca |
2/26/2008 12:48:32 PM
ZUB:
are U hoping LDK hold support here? looks kinda risky...are U seeing something I am not, would love to hear about it. tia
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EWZuber
1,373 posts
msg #59968
- Ignore EWZuber |
2/26/2008 1:50:06 PM
I will hold LDK as long as the Hourly Chart TLS is not violated at any EoH. Also I will add if it offers another buy point.
I would have already closed this one if this wasn't the only trade I am allowed for several days.
There should be strong support at $30.
Only holding 100 shares so not a big deal...yet.
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EWZuber
1,373 posts
msg #59971
- Ignore EWZuber |
2/26/2008 2:41:16 PM
Added at $30.15.
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nikoschopen
2,824 posts
msg #59973
- Ignore nikoschopen |
2/26/2008 3:13:06 PM
Zub, glancing first at the chart, I'm thinking LDK should retest the trendline extending back to the June '07 before any meaningful rally can take place. Having said that, solar stocks move in tandem with the oil price. But lately, the former is constantly falling out of synch with the latter. Even with the major averages moving higher, solar stocks are left to rot in the dustbin. Now that we've had 3 days of rally, considering the last-minute thrust we had on Friday as the first rally, a pullback is imminent and these weak stocks tend to bear the most brunt when times get rough.
Good luck!
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EWZuber
1,373 posts
msg #59975
- Ignore EWZuber
modified |
2/26/2008 3:20:40 PM
COMP has broken Hourly Chart pattern support however a distribution phase can not be confirmed until the EoH.
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EWZuber
1,373 posts
msg #59977
- Ignore EWZuber |
2/26/2008 3:40:01 PM
Closed at $29.95. for (-1.1%).
Had plenty of opportunities to close it at a profit but wanted to try and hold it till tomorrow.
Couldn't do that so with that being my last trade I'm allowed I'm unable to trade for several days.
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EWZuber
1,373 posts
msg #59978
- Ignore EWZuber |
2/26/2008 3:46:09 PM
If the COMP closes the session below 2350 the odds are good for a gap down in the morning.
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