If we continue on the downward trend be prepared to test lows of 8700 and reassess there. If sellers have ran out of steam expect a run to at least 9500 before needing to reassess.
Buy in area with stop below previous bottom.
If you look at AE and MCO with a timeframe that includes their addition to exchanges you can notice a visible boost. Can we expect this from WAN?
Will reach up and tag previous resistance before dropping further to red line, because its a red line.
Large dump earlier today bought up quickly.
Notice the volume declension, be prepared to exit at blue box targets. Buy on direction change. Abort to short if break down. LLAP
The natural reaction to a Pamela Anderson trigger is a 80 degree upward motion. Expect resistance and previous local highs.
Judging by my carefully crafted lines, stellar is going to DO SOMETHING due to wealthy westerners and early easterners getting the classic '2nd day' pump going off the IBM news!
Coming off news of the IBM partnership and HUGE volume out of Asia, expect a MOON MISSION from stellar once the east coast wakes up!
Just look at the well drawn breakout lines!
The two lines intersect! Don't cross the streams!