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congrats!
Isolator ( Date: 24-May-2011 15:01) Posted:
| What 1.96?? nothing special.... Maybe some resistance at 2.01... |
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shorted when 1.98/9
Isolator ( Date: 24-May-2011 15:01) Posted:
| What 1.96?? nothing special.... Maybe some resistance at 2.01... |
|
What 1.96?? nothing special.... Maybe some resistance at 2.01...
if can close at 1.96. should have a chance to see$2 this week
as long as the axis is label correctly, up side no side I am still able to read correctly... lol
U sure u looking at the right side up of the graph & not upside down?
Getting that right makes a lot of difference.
Most charts will not see the signal now.... But mine say can enter....
let it come up first. for better shorting opportunity later.
Yup might be technical rebound, see the daily charts. the " commercials" or big players are still shorting the stock. No bullish signal yet based on the daily charts.
Uncle Ti 88
http://uncleti88.blogspot.com/
----
I trade using simple moving average and Commitment of Traders Proxy (COT
Proxy) + some other special ingredients that Colonel Sanders will be
proud of.
I win some I lose some. But I make sure my wins make up more than the losses!
After a panic selldown, a massive buy up will start....
Looks more like a technical rebound after a massive sell down.
Don't celebrate just yet.
Buying up....
still selling down...
i am confused, so i stay outside.
krisluke ( Date: 24-May-2011 10:36) Posted:
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Cosco: Announced that neither the Co. nor any of its subsidiaries has been cited as having committed any irregularities and disciplinary violations in the recent NAO report, where Audits found irregularities in financial statements of 17 Chinese SOEs. Technically, see near term support at $1.78 (2011 low) and resistance at $2.00 (200 Day MA)
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Cosco: Announced that neither the Co. nor any of its subsidiaries has been cited as having committed any irregularities and disciplinary violations in the recent NAO report, where Audits found irregularities in financial statements of 17 Chinese SOEs. Technically, see near term support at $1.78 (2011 low) and resistance at $2.00 (200 Day MA)
My advice is if you have a short position... it is better to at least cover back some... profit in hand is real....
Time for a sell-off? Bearish signal in the works, wait for friday confirmation
they had some accounting problems that caused a sell down yesterday...is it resolved yet?
Once it clear the $2 resistance.... 2.30 will be target...
Based on TA, the sky is very clear now....
