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Friday, November 09, 2007 

Bulls - Another day to forget ..........

Chart courtesy of stockcharts

PMCS has come back to its 200 dma and is offering a decent entry here.

Chart courtesy of stockcharts

CIEN continues to trade this tight range and should have an explosive move to either direction, although a bullish move is more likely. Today found support in its 20 dma.

Chart courtesy of stockcharts

NVDA looks like it may find support at the breakout area.

Chart courtesy of stockcharts

GOOG may find support at the 20sma, or in the other hand we should see the same scenario on Google that we have had in July.

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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  • 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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