EWZuber
1,373 posts
msg #60014
- Ignore EWZuber |
2/27/2008 3:15:19 PM
nikoschopen, Since LDK has been in a downtrend I think I would want to see it break the 5m/10 MA as resistance and confirm it as support first.
Last cycle on the 5m chart confirmed it is still resistance.
If it was already in an uptrend then I would buy at support.
GL
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EWZuber
1,373 posts
msg #60016
- Ignore EWZuber |
2/27/2008 3:34:29 PM
LDK 5m chart Trendline support holding so far this cycle.
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EWZuber
1,373 posts
msg #60017
- Ignore EWZuber |
2/27/2008 3:40:29 PM
LDK TLS broken. 5m/10MA confirmed as resistance again this cycle.
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EWZuber
1,373 posts
msg #60018
- Ignore EWZuber |
2/27/2008 3:50:04 PM
LDK buy volume picking up current 5m candlestick.
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nikoschopen
2,824 posts
msg #60019
- Ignore nikoschopen |
2/27/2008 3:54:02 PM
There goes my LDK. Stopped out @ 27.89
Now you and I finally have something in common. lol
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EWZuber
1,373 posts
msg #60020
- Ignore EWZuber |
2/27/2008 3:54:32 PM
That looks more like short volume driving it down rather than sell volume.
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EWZuber
1,373 posts
msg #60021
- Ignore EWZuber |
2/27/2008 3:57:05 PM
MSFT held back by TLR. Formed a triangle pattern and broke to the downside. No buy signal so far.
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EWZuber
1,373 posts
msg #60022
- Ignore EWZuber |
2/27/2008 3:58:13 PM
LDK dead on LT-TLS from Daily Chart now.
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EWZuber
1,373 posts
msg #60023
- Ignore EWZuber
modified |
2/27/2008 4:00:50 PM
I have the LT-TLS at $27.80
I took a Daily Chart from IB and carefully drew a 1 YR supporting trendline. Then changed time frames to the 5 minute chart for a microscopic look at it and the stock closed within 1C of that line.
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nikoschopen
2,824 posts
msg #60024
- Ignore nikoschopen
modified |
2/27/2008 4:03:18 PM
I didn't finetune my chart, so if ure correct in ure analysis there still might be some shelf-life for this junk. Nevertheless, this sucka will have hard time rising out of the ashes, especially in light of the fact that the crude oil might come down some more tomorrow and the general market condition will likely also change.
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