Look out for stock symbol: YONG. It's a Chinese small-cap that I hold from $3.17. There is a macro bull pattern on its chart and has a micro bull pattern on the daily chart. We could see a move coming into it tomorrow.
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.
Wednesday, April 18, 2012
Market Wrap Up: 04/18/12
We have a ripe BEAR FLAG pattern on the SPY daily chart. As long as price does not close above the 20-MA look for a move lower possibly down to the $134.00 level on SPY and $64.75 on QQQ.
Look out for stock symbol: YONG. It's a Chinese small-cap that I hold from $3.17. There is a macro bull pattern on its chart and has a micro bull pattern on the daily chart. We could see a move coming into it tomorrow.
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Look out for stock symbol: YONG. It's a Chinese small-cap that I hold from $3.17. There is a macro bull pattern on its chart and has a micro bull pattern on the daily chart. We could see a move coming into it tomorrow.
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