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Monday, June 11, 2007 

Some trade Ideas for Monday !!! GTW Rumor

Chart courtesy of stockcharts

RUMOR : Gateway To Enter China, Signs Agent
Well, during this afternoon I found an interesting article for Gateway shareholders. According to this website Pacific Epoch there are a rumor on the air " Rumor: Gateway To Enter China, Signs Agent ", so it's only a rumor, but for me it will be not a surprise if happen. This rumor could be a good tone for shares next week.

Chart courtesy of stockcharts

Shares of National Semicondutor breakout on Friday an important resistance a 28$ followed by strong volume, after company said on Thrusday that fourth-quarter sales fell 20 percent to $455.9 million. The stock is now in breakout mode and if this chart does what is supposed to do, it will be going higher in the sessions to come.

Chart courtesy of stockcharts

Shares of Pinnacle Airlines Corp. have been doing well since the start of May. Technically speaking at this level I suppose that stock will retest all time highs at 19.95$ soon, however we must wait for another close above 19$ with volume to give us more good indications. One more note, 20 dma already crossed 50 dma. Keep an eye on PCLN.

Chart courtesy of stockcharts

It takes time to build a proper base, but it looks like ELY is close to attempting another breakout over 18.95$.

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 great weekend !!!


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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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