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Monday, July 23, 2007 

Trade Ideas for tomorrow - Cysco Systems, Illumina and Forest Oil

Chart courtesy of stockcharts

Shares of Cysco Systems have been consistently trending higher over the last week with nice steps and plateaus in stock. Cysco finally breakout today the major resistance of 30$. Let's see if stock will confirm tomorrow this breakout.

Chart courtesy of stockcharts

ILMN shares shoud break this channel soon I think that it will be tomorrow, so pay atention for a possible breakout over 42.29$.

Chart courtesy of stockcharts

FST it seems to me that stock is ready to breakout this ascending triangle soon , so please keep an eye on FST for a possible breakout over 45$. MACD K line is on top of D line.


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 nice evening !!!

AC

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AC, your blog hit 50000 just a minutes ago, congratulations for your great job in this place.

John

Congratulations AC,

All the best for your place !! I'm a daily reader of your blog. Tks

Peter

Just browsing the internet, very, very interesting blog.

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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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