Sambong1

Sambong1

follow the blue line. it is trending up. no need to fight it. will be watching the "cirlced are" for direction.

Sambong1

setting for multi year b/o. trend is you friend. (no position)

Sambong1

inverse H&S setting up. notice the possible reversal candle. futures are up (finviz.com)

Sambong1

watching for breakout

Sambong1

looks to be forming a bear flag on the montly. just a random observation.

Sambong1

buls, just be cautious. There is no bravery in beging greedy. if you have sufficient cushion, ride them cowboy. (no position)

Sambong1

ascending triangle B/O? will have to see how it plays out.

Sambong1

about to break out. accmulation is good, MACD crossed. its going up.

Sambong1

tryingt to B/O over the DTL from back on 2005 High. something to keep in watchlist. (no position)

Sambong1

there were so many chances to buy.

Sambong1

in channel. still need to wait a bit. MACD need to turn on the daily.

Sambong1

montly chart. supper and resistance is clearly defined base on close prices

Sambong1

over $30 looks bullish

Sambong1

$22 level might be tough to break. think it goes lower to retest the $18 level and bounce back. (no position)

Sambong1

jus a thought on the what lies ahead

Sambong1

From late July 2013 to October 2013, it mad over 50% move when it was overbought (OB). it has reentered the OB territory. Just an observation

Sambong1

one to watch. it getting ready for bounce. notice the support line bounce from before

Sambong1

after each bounce, moved up 15 points. from this weeks low next PT is $188 - $189