Posted by steve101 on 28th of Nov 2008 at 09:01 am
Matt,
Will you take a look at UYM this morning and do a projection on
where it could go after a pullback. It seems like a good candidate
for the watch list once a pullback occurs. I would be inclined to
trade FXI, DIG or DXO (which had a nice increase in volume on
Wednesday), and UYM, after a pullback.
Posted by junkmaylbox on 28th of Nov 2008 at 10:14 am
steve101, UYM moved from 8.50 to roughly 14.20 this morning. I
would compute the Fibonacci retracements off those numbers
directly. I am going to trade UYM too for a move up.
On a different topic, SMN and SRS are giving buy signals on 9/39
EMA crossover on 5-minute charts. One should use 15-minute charts
for an entry in the system. I bought them at their resistance on
Wednesday close. My target is approximately 50% retracement of the
move from Thursday, _if_ we could get there.
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matt, looks like DUG is
DUG Chart looks like a H&S
Posted by yawang36 on 28th of Nov 2008 at 02:18 am
matt, looks like DUG is heading to 25, right?
UYM
Posted by steve101 on 28th of Nov 2008 at 09:01 am
Matt,
Will you take a look at UYM this morning and do a projection on where it could go after a pullback. It seems like a good candidate for the watch list once a pullback occurs. I would be inclined to trade FXI, DIG or DXO (which had a nice increase in volume on Wednesday), and UYM, after a pullback.
steve101, UYM moved from 8.50
Posted by junkmaylbox on 28th of Nov 2008 at 10:14 am
steve101, UYM moved from 8.50 to roughly 14.20 this morning. I would compute the Fibonacci retracements off those numbers directly. I am going to trade UYM too for a move up.
On a different topic, SMN and SRS are giving buy signals on 9/39 EMA crossover on 5-minute charts. One should use 15-minute charts for an entry in the system. I bought them at their resistance on Wednesday close. My target is approximately 50% retracement of the move from Thursday, _if_ we could get there.