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Wednesday, July 11, 2007 

GTW recovering, MOT sideways, ADCT ready

Chart courtesy of stockcharts

After the recent low of shares associated to the positive divergence of MACD, Gateway has initiated a rebound. I believe the stock will move higher on this impulse to test the 1.77$ resistance area. I continue to be quite positive on this sector and on Gateway stock even at these levels.

Chart courtesy of stockcharts

Motorola - Sideways phase after sell-off that started on October of 2006. Keep an eye for a possible breakdown of the range, the bottom is at 17.20$.

Chart courtesy of stockcharts

ADCT is in a positive technical situation, is ready to breakout over 19.20$ soon, indicators are showing this possible scenario.

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.

Have a nice evening !!!

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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