March 17, 2011

CNX IT In a channel

  • Weekly chart of CNX - IT shows a channel formation.
  • Price is Near the resistance line of the small channel and the support line of the bigger channel.
  • This setup should give good direction for the leading IT stocks once a breakdown or breakout happens on closing basis.
  • DOW JONES ANALYSIS
By at

1 comment:

  1. StockMarch 17, 2011 at 9:45 AM

    For those interested, I wrote an article that I think pretty much nailed the whole Nuclear Situation in Japan, and Zero Hedge picked up on it and published it. Lil' ol' Hawaii Trading getting published on Zero Hedge, that is cool.

    Check it out here

    http://www.zerohedge.com/article/guest-post-nuclear-japan-stock-market-holding-pictures-reactor-3-and-4#comment-1065186

    And here is Hawaii Trading, maybe you have seen it before
    http://oahutrading.blogspot.com/

    ReplyDelete

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