Saturday, January 29, 2011

S chart update

V - A good technical long reinforced with upcoming earnings Wednesday

Not much else to say other than what reads in the title of this post.

Friday, January 28, 2011

IM Chart Revisit

Heres an update of how an old chart I posted HERE on IM unfolded; it could be at a key level.



When I posted this previously, the blue support had just met its first touch after IM had broken through the white support and turned it into a level of resistance.  Shortly after, prices pushed back towards the white resistance, and came back down to the blue support level of 14.66, yeilding a nice opportunity to play the trading range and make profits in both directions.   IM has since made a nice rally and risen back up to the white resistance. 

With markets widely down today, it will be interesting to see how the stock reacts at these levels.

Krames

Thursday, January 27, 2011

One to watch, Dr. Pepper


This should be interesting to follow in the next few weeks. The stock has been trading within narrowing range, and is now approaching the axis.  What is also interesting about this chart is how prices have been using the middle dotted line both as support and resistance, pushing through to favor the other side every so often.

I feel this may be a good opportunity for some profit towards the upside.

Krames

Pop out?



Glimcher Realty Trust should be popping up on a nice looking chart, solidified by some positive real estate news.

Shoulda seen this one coming...



Maybe next time

Saturday, January 22, 2011

C


Target of 6.50