Stock Market technical analysis. All of my thoughts, trades and analysis are my opinions only. I am NOT responsible for any loss you may incur. These posts are NOT meant to be recommendations in the market. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Tuesday, March 22, 2011
Not much happening in the markets today. Except XING is finally making a move, and CHGS is up 49%
I'm still looking for a bounce, a retrace to $130.30 on the Spiders by tomorrow, I'm guessing.
I still have a slight bearish bias in the medium-term.
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good things come to those who wait...nice work on XING...glad it came back for you. what is your gut feeling for your sell point?
ReplyDeleteHA! sell point...if only i knew when to get out while I'm ahead...without regretting getting out too late or too early...
ReplyDeleteIt's always wise to pocket some money. I still think this thing can run, although it might take a breather here.
50-DMA was 1 target (reached), $2.80 is another, $3.40 is the ultimate target.