Posted by knifecatcher on 4th of Dec 2010 at 01:36 am
SU trade idea.
Short term - see daily chart - appears to be trading in a fairly
predictable channel with a bias to the upside. May be viable
until/if it breaks out around 39 or so.
Longer term - see weekly chart - appears to have cup/handle type
pattern with major resistance areas noted.
Perspective - see monthly chart. Would have been nice to
pick it up for a buck and change back in '94.
Anybody see anything going for a buck and change right now I can
hold for 6 years or so...LOL.
Posted by knifecatcher on 4th of Dec 2010 at 01:54 am
Off by a decade (16 years, not 6). Oops. But you
get my point. Yeah coulda bought AAPL or GOOG but I'm a
rookie and it's late. And I think I got my red and green
lines mixed up- but it still might be a valid idea. Over and
out. KC.
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SU trade idea. Short term -
Posted by knifecatcher on 4th of Dec 2010 at 01:36 am
SU trade idea.
Short term - see daily chart - appears to be trading in a fairly predictable channel with a bias to the upside. May be viable until/if it breaks out around 39 or so.
Longer term - see weekly chart - appears to have cup/handle type pattern with major resistance areas noted.
Perspective - see monthly chart. Would have been nice to pick it up for a buck and change back in '94.
Anybody see anything going for a buck and change right now I can hold for 6 years or so...LOL.
Comments welcome.
Great charts! thanks.
Posted by frtaylor on 4th of Dec 2010 at 09:43 am
Great charts! thanks.
Off by a decade (16
Posted by knifecatcher on 4th of Dec 2010 at 01:54 am
Off by a decade (16 years, not 6). Oops. But you get my point. Yeah coulda bought AAPL or GOOG but I'm a rookie and it's late. And I think I got my red and green lines mixed up- but it still might be a valid idea. Over and out. KC.