Up,down or sideways? Review the charts for any clues that may help you with your own research. Thinking for yourself can be a pleasure and developing and applying strategic stock market research skills could give you the edge...

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Saturday, March 03, 2007

HOT SPOT CHARTING...

(Click charts to enlarge)

DEIX, Ending wedge potential.
RSI oversold and positive MACD divergence...


SYKE, Potential bullish pennant formation. Positive money flow.
Closed above the 50ma on a day the indexes were in the red...


SPSN, Ground floor opportunity? Back to it's ipo.
Positive MACD divergence and the STO is oversold...


NLST, Is also back to it's ipo.
Positive RSI and MACD divergence...


GRAN, 200ma held and it's trading at the
bottom of it's multi-month channel...


COGT, RSI could be overbought but MACD went positive.
Potential bullish flag developing...

Charts and comments are NEVER INTENDED AS ADVICE...


"Remember, never meet a margin call, and never average losses."


~Jesse Livermore




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EMAIL- hotspotcharting-ook@yahoo.com