Bulls gaining the week versus Bears
Chart courtesy of stockchartsThe Dowjones gained 119 points to 11.219. For the week, the Dowjumped 3.23% and the S&P500 gained 3.08%. Both Charts are in identical Bullish situations, however we can see 2 notes about the High-lows marks made in the last 2 months, that could make some sense if the market next week invert the Bullish situation.
Chart courtesy of stockchartsBIDU stock, the Beijing-based company on Thursday said quarterly profit nearly quintupled and forecast third-quarter sales would almost triple, but its stock fell sharply as China's Web search leader succumbed to lofty expectations.The company posted a second-quarter profit of $7.3 million (58.5 million yuan), or 21 cents per diluted share, the revenue jumped 175 percent to 191.6 million yuan.
According to the chart above the oscillators still are moving to the downside and I believe, will continue to move down to test, in the short term, the $65 support for close the GAP.
According to the chart above the oscillators still are moving to the downside and I believe, will continue to move down to test, in the short term, the $65 support for close the GAP.
Chart courtesy of stockchartsShares of Symantec Corp. the antivirus software maker rose on Thursday after the company posted a better-than-expected quarterly profit, helped by greater revenue from last year's acquisition of Veritas Software. In the daily time frame the chart shows that the RSI reached now the Overbought area, and shares are near the resistance area of $17.90, so we can have soon a possibility of a Pull-back.
That'a All. Have a great weekend and a great business week !!!
AC
Olá António!
Parabéns pelo teu blog. Está muito bem elaborado e é muito orientador, tenho conhecimento que se esta a expandir-se tanto para Oriente como para o Ocidente, isto é desde Singapura passando pelo Brasil, aliás, neste país está fazendo muito sucesso.
Parabéns por este serviço publico.
Posted by
VF |
9:03 PM