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Sunday, March 18, 2007 


Chart courtesy of stockcharts

Keep GTW on your lists for a potential break-out candidate next week.

I still believe in the news that read I wrote here on thursday " Gateway is a likely candidate for a possible strategic buyout from a top PC vendor in Asia. On Wednesday, reports surfaced that Taiwanese computer manufacturer Acer could make a major acquisition in the PC area within the next two years, possibly in the U.S. See the full article at Forbes ".

Chart courtesy of stockcharts

FLSR is one of the hottest stocks in the market right now, however it's seems to me that is now in a profit taking phase, MACD fast line already crossed below slow line. May find some support at 13 dma as chart show. Keep an eye if stock break the 13dma line.

Please see below a few charts of stocks that the 50 dma line already crossed below 200dma line.

Chart courtesy of stockcharts

Chart courtesy of stockcharts

Chart courtesy of stockcharts

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 weekend !!!


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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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