Posted by: tyrannyoflogic June 27, 2011
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@dalbhat
for JASO i think it bottommed off a couple of days ago....it jst made a higher high...look for a higher low but if it hits that previous lower low of 5.00 then its an ultimate sell ..it should lows make a couple of days and then trend upwards ....if it actually is starting an uptrend
it has resistance around 5.75 and 5.83 area ...when it is making a the next high watch that area too
(i would sold way earlier today ...but thats jst me...a DAYTRADER )
i think the same goes for VISN...hihger highs and higher lows for an uptrend and lower highs and lower lows for a downtrend but isee decent buy volume in VISN today
3-4 pm is power hour for daytraders thats when swinging stocks make wide swings watch that timeframe for chinese stocks
again jst my opinions
for JASO i think it bottommed off a couple of days ago....it jst made a higher high...look for a higher low but if it hits that previous lower low of 5.00 then its an ultimate sell ..it should lows make a couple of days and then trend upwards ....if it actually is starting an uptrend
it has resistance around 5.75 and 5.83 area ...when it is making a the next high watch that area too
(i would sold way earlier today ...but thats jst me...a DAYTRADER )
i think the same goes for VISN...hihger highs and higher lows for an uptrend and lower highs and lower lows for a downtrend but isee decent buy volume in VISN today
3-4 pm is power hour for daytraders thats when swinging stocks make wide swings watch that timeframe for chinese stocks
again jst my opinions