Just a few charts - ITWO, AME, ERJ, PALM
Chart courtesy of stockchartsDowjones are near to hit 13000 level, we're just a few points to reach a new historic level for Dow. Honestly speaking, I think it'll be break by Monday or even Tuesday, however I'm cautions on the long side right now, because markets are now in Overbought conditions.
Chart courtesy of stockchartsIt takes time to build a proper base, but it looks like ITWO is close to attempting another breakout.
Chart courtesy of stockchartsAME stock has been doing well this year, making new highs, today broke out an important resistance, it is in a decent spot here right now. I will be watching it closely.
Shares of PALM rose 0.75% to 17.51$ following an upgrade given by Lehman Brothers from Underweight to Equal-weight. It looks like it is trying to break the resistance at 17.80$. All Indicators have improved during this week, and we could see a continuation of the movement.
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.
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.
