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ERTS going down...


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#1 Bob-C

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Posted 11 January 2007 - 11:48 PM

Hi everyone, here is the six-month-daily ERTS chart:
http://www.marketwat...d=877479195.png

ERTS closed with a bearish-engulfing body after tagging the upper BB intraday. Both the ERTS FastSTO and SlowSTO have turned negative. IMHO, ERTS will be headed lower into OPEX week and possibly OPEX.

Cheers, :)

Bob-C

Edited by Bob-C, 11 January 2007 - 11:53 PM.

Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#2 caspary

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Posted 12 January 2007 - 12:05 AM

Excellent charts, thank you very much for posting! Simple and to the point just the way someone like me can understand...

#3 Bob-C

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Posted 12 January 2007 - 07:42 AM

Excellent charts, thank you very much for posting! Simple and to the point just the way someone like me can understand...

You're very welcome caspary, good to here from you. ;)

Good luck on your trades. :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#4 skunk

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Posted 12 January 2007 - 08:24 AM

ERTS closed with a bearish-engulfing body after tagging the upper BB intraday. Both the ERTS FastSTO and SlowSTO have turned negative. IMHO, ERTS will be headed lower into OPEX week and possibly OPEX. Cheers, :) Bob-C [/quote] Unless that cup and handle pattern doesn't materialize :)

#5 Bob-C

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Posted 12 January 2007 - 08:41 AM

Hi skunk, nice to hear from you; thanks for the insights. :) Cheers, :) Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.