Edited by hiker, 28 November 2006 - 10:48 AM.
SOX and QQQQ
Started by
hiker
, Nov 28 2006 10:35 AM
No replies to this topic
#1
Posted 28 November 2006 - 10:35 AM
cubes - 43-43.34 is a horizontal area of interest for first major pause
42.5 is very obvious on daily chart (too obvious?)....lower BB now at 41.61....42.29 is currently the 50-day ema
I will be surprised if 42.5 approx. area is not bought in major way, if it is seen in this 20-week low into December
note the ADX 8 right now
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SOX test of 472 horizontal support was bought
SOX and cubes both declined today to an almost similar spot within the BB
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GOOG -
test today of the recent rising bottoms trendline, which was bought today.
470-480 horizontal support zone was bought today
34-day ema is approx. 471
move below the 20-day ema followed yesterday's test
intraday advance pausing or stalling at the 20-day ema?