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Tuesday, July 31, 2007 

Trade Ideas for tomorrow - Aaple , Bidu , Applied Materials and General Motors

Chart courtesy of stockcharts

AMAT may be clearing a bull flag here although it may be a little early. Let's see tomorrow reaction after intraday breakout.

Chart courtesy of stockcharts

Bidu shares closed just a little above the 13 dma, so tomorrow pay attention for a possible breakdown below this level, which would mean a sentiment Bearish in the short term.

Chart courtesy of stockcharts

AAPL shares breakdown today the trend as show the chart above and Bearish MACD crossover. AAPL looks like it may find support at the breakout area ( $127 ).

Chart courtesy of stockcharts

Shares General Motors failed a rebound after earnings report. Chart printed a Black candle after today session, not good for Bulls. GM shares may find support at the 200 dma at $32.12.

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 example.

That's All. Have a nice evening !!!

AC

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Hi AC,

I agree with you, AAPL will drop until previous breakout area.

All the best to you,

Michael

Hello Everyone !!

Attention please, FSLR drop in after-hours after earnings report.

Regards AC,

Peter

Hey Guys !!!

Bears in control again ;-) Be careful !!

Tim

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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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