5 replies to this topic

[hiker]

note price action vs. 200sma on the 60minute 5/16 low of 45.91 daily horizontals below: 45.12 44.10 43.60 very near term support t/l on 60 minute just above 46.00

Edited by hiker, 24 May 2007 - 01:31 PM.

[johngeorge]

hiker

I got a solid buy signal on QID today. Daily chart here.

Best to you.

[hiker]

probably early: sold QID 48.78...note 49 approx overhead bought QQQQ 46.10....note 45.90 area below with a prior low and rising tops t/l on daily ..below that and I bail on QQQQ long

[johngeorge]

probably early:

sold QID 48.78...note 49 approx overhead

bought QQQQ 46.10....note 45.90 area below with a prior low and rising tops t/l on daily ..below that and I bail on QQQQ long

Noted and thanks for your thoughts and analysis.

[hiker]

I do not expected more than 46.40's on QQQQ, if that

[hiker]

closed QQQQ long in late day and rotated $ to another trade.