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Tuesday, October 17, 2006 

LVLT " Level 3 " is HOT !!!!! is on FIRE

Chart courtesy of www.stockcharts.com ( click to enlarge )

LVLT has broken out of a Bull Flag pennant setup with huge volume closing at 6.02$ 52 week high, I can say LVLT is on FIRE !!! In the daily we can see that Bullish MACD crossover, so keep it on your watchlist. Remenber " the trend is your friend until it ends ".

FCEL today have confirmed my previous post, market drop and FCEL UP , which suggest continuation of movement !!!

JDSU - Bad start for JDS Uniphase after the R/S , however the volume was very weak. I'm still confident in the stock, and we could see some potential upside from these values. Major support in the stock is now 16$ .

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

That's All. Have a nice evening !!


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About Me

  • 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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