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Monday, December 11, 2006 

Shares of Continental Airlines Climb

Chart courtesy of stockcharts

Shares of CAL climb today more than 8% to 45.42$ amid some speculation that could be a target of a takeover offer or a merger talk. The technical chart looks very Bullish with both 50 dma 200 dma going up and looks set to break into new highs, for now the trend is still up, so keep an eye on CAL.

Stocks to watch tomorrow : NUVO , RACK

Today Buy signals according to CCI : BWLD , CPRT , EXPE , KALU , MAMA

CCI Commodity Channel Index - It's a technical indicator that attempts to display cyclical turns in a stock, it fluctuates (mostly) between -100 and +100.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all. Have a great evening !!!

AC


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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 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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