WEEKLY CHART OF DELL
DAILY CHART
- Dell weekly and daily chart is showing consolidation patterns that can give good trading opportunities.
- Week chart is showing a bullish continuation pattern.
- Price in daily chart is trading below its 50 DMA. Price if gives a breakout above the resistance line will give a chance to go long. Price closing above 50 DMA will favor bulls.
- Support is seen at 13.22 Break of this level will be negative and will favor bears.
- NFLX WEEKEND UPDATE
The upper ratio is what I jokingly call the Holy Grail.
ReplyDeleteIt is one of my systems, it forces me into a short position.
Now has anyone been paying attention to what this Holy Grail Is? Check it out, I wish I had 40 years of data on this, as 2 years of data can mislead, especially since this has been an very curious 2 years in the markets.
http://oahutrading.blogspot.com/2010/12/holy-grail-and-fear-factor.html#disqus_thread