Jump to content



Photo

SSEC Breakout


  • Please log in to reply
2 replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 19,898 posts

Posted 09 January 2008 - 07:18 AM

It closed 35.8 points above the breakout at 5400:

http://finance.yahoo.com/q?s=%5ESSEC

http://stockcharts.com/h-sc/ui?s=$SSE...id=p67697229388

Edited by redfoliage2, 09 January 2008 - 07:20 AM.


#2 Tor

Tor

    Member

  • Traders-Talk User
  • 7,647 posts

Posted 09 January 2008 - 08:20 AM

It closed 35.8 points above the breakout at 5400:

http://finance.yahoo.com/q?s=%5ESSEC

http://stockcharts.com/h-sc/ui?s=$SSE...id=p67697229388


looks like a bounce, no???
Observer

The future is 90% present and 10% vision.

#3 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 19,898 posts

Posted 09 January 2008 - 10:05 AM

It closed 35.8 points above the breakout at 5400:

http://finance.yahoo.com/q?s=%5ESSEC

http://stockcharts.com/h-sc/ui?s=$SSE...id=p67697229388


looks like a bounce, no???

I think it's a different scenario there from the US market. A breakout above 5400 means the recent consolidation is complete and another leg up. You could see 6000 by the end of the month.

Edited by redfoliage2, 09 January 2008 - 10:05 AM.