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Friday, September 29, 2006 

Bearish MACD Crossovers ( Nasdaq stocks )

Here are a few charts showing some a Bearish indicators for the near term in some stocks. MACD fast line crossed below MACD slow line.

NVDA looks like it will continue to correct after the recent rally.

AIXD may be getting support at the 9.50

VLCM may be getting support at the DMA 50 .

Keep attention if the stock break the 36 support level.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

That's All. Have a great weekend !!!

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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