Saturday, December 15, 2007
A few charts
I'm still not sure which way the market is heading. There are a few big names reporting this week which could give this market some direction...
Here are a few charts, most of them from the IBD 100 list.
LIFC could be getting support around the 44ish area.
I don't follow IRM, but j.M, a regular reader, does. It could be getting some support around the 36ish area. If it bounces from here and breaks 38ish, it might be a cup and handle.
POT could be getting some support around the 124 area. I'll try to be patient with this one, maybe let it base a little here. If it breaks this area of support, it could head much lower.
Here are a few charts, most of them from the IBD 100 list.
LIFC could be getting support around the 44ish area.
I don't follow IRM, but j.M, a regular reader, does. It could be getting some support around the 36ish area. If it bounces from here and breaks 38ish, it might be a cup and handle.
POT could be getting some support around the 124 area. I'll try to be patient with this one, maybe let it base a little here. If it breaks this area of support, it could head much lower.
Labels: Charts
