Posted by atlantis on 22nd of Feb 2011 at 10:18 pm
Hi everyone,
I'm seeing bearish signs all over for AAPL, GOOG and PCLN. They
are moving below their 20 and 50 MAs (except PCLN so far) and
the 60 period STO is about to cross below 80. Very interesting for
a short or buying puts. Volume is also bearish in some cases.
Big stocks with bearish signs
Posted by atlantis on 22nd of Feb 2011 at 10:18 pm
Hi everyone,
I'm seeing bearish signs all over for AAPL, GOOG and PCLN. They are moving below their 20 and 50 MAs (except PCLN so far) and the 60 period STO is about to cross below 80. Very interesting for a short or buying puts. Volume is also bearish in some cases.
http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=9&dy=0&id=p21774374444&a=225272867&listNum=59
http://stockcharts.com/h-sc/ui?s=GOOG&p=D&yr=0&mn=8&dy=15&id=p37618411540&a=223963796&listNum=59
http://stockcharts.com/h-sc/ui?s=PCLN&p=D&yr=0&mn=9&dy=0&id=p99194110235&a=213528994&listNum=59
I might buy some puts tomorrow if the downtrend continues but with my luck, they will start to go up again. Thoughts welcome !
Atlantis