This is a great week for the bulls, no doubt about that at all.
The S&P 500 has been UP for 5 days in a row ! What a nice week for the bulls !
UCTT - update: UP more than 20 percent today
UCTT is a nice bull today, it is UP more than 20 percent today !
It is also ranked number one in the NASDAQ market UP list today.
It is also ranked number one in the NASDAQ market UP list today.
UNG - a nice chart with gap up
UNG's chart is pretty nice, with an island reversal gap up, which usually is pretty bullish.
Previous island reversal gap up chart have been shown in the NASDAQ intra-day chart when NASDAQ is about 1800, which can be found in the blog here. since then the NASDAQ market has been keeping up !
Previous island reversal gap up chart have been shown in the NASDAQ intra-day chart when NASDAQ is about 1800, which can be found in the blog here. since then the NASDAQ market has been keeping up !
The 1060 has been broken out with a gap
The 1060 has been broken out with a gap, which is exactly what i am feeling yesterday. Quoted here: "The intra-day reversal is pretty bullish." "One thing I am feeling is that another gap is in the shaping"
VISN - another china play chart set up
VISN is another china play chart set-up.
It has been trading in the range around $4 to $8 for almost a year so far.
The breakout of $8 should be good for the stock's bullish run.
A range trading day
A range trading day today, as pointed out yesterday, S&P 500 as an example, 1045 and 1060 are the two boundaries, that are need to be broken out or broken down.
The intra-day reversal is pretty bullish. However, you never know what could happen before the market can determine a definite answer for the next direction.
ETFC - the important ER date
ETFC - the important ER date for its third quarter 2009 financial results has changed to after the close of the U.S. financial markets on Tuesday, October 27, 2009.
I am pretty optimistic with ETFC's ER.
Previous updates on ETFC can be found here.
I am pretty optimistic with ETFC's ER.
Previous updates on ETFC can be found here.
EPIC - a nice breakout chart
EPIC - a nice breakout chart ! Based on the chart, the $7 level has been broken out. Hopefully, it can hold and run.
Previous important breakout charts are listed here.
Previous important breakout charts are listed here.
S&P 500 is bounced off 1060 as predicted
yesterday ! Here are the quotes from yesterday's post "Next major resistance level is 1060". Today many traders shorted the market at about 1060. How amazing it is for chart reading in the business of trading !
Now it's hard to tell which one (bull or bear) is winning the battle. Tomorrow will be a key day to watch:
Now it's hard to tell which one (bull or bear) is winning the battle. Tomorrow will be a key day to watch:
China play - CPBY
China play - CPBY
The chart of CPBY is pretty bullish and has a nice breakout pattern. Fundamentally, the company is making pretty good money.
The chart of CPBY is pretty bullish and has a nice breakout pattern. Fundamentally, the company is making pretty good money.
S&P 500 bounced off the 50MA
S&P 500 bounced off the 50MA.
Very nice day !
Next major resistance level is 1060, if 1060 can be taken over by bulls, I will expect a new higher high than 1080.15 in the near future ! Bulls are not dead yet.
Very nice day !
Next major resistance level is 1060, if 1060 can be taken over by bulls, I will expect a new higher high than 1080.15 in the near future ! Bulls are not dead yet.
AVII - a possible bull
AVII - a possible bull. The chart set-up is in the shaping and the company's possible drug R&D is promising as well.
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