LOW broke out in a big way, but it looks like that it will snap back a little.
Tag Archives: Low
Charts on INDU, GOOG, HNP, QQQQ and LOW
Previous support at 10600 has become the resistence here. All longer term SMAs are pointing downwards, but SMA 5 is pointing sideway or flat. Obviously some good news would help to break the stalemate.
GOOG’s volume has been low. Friday was a down, but volume was very low compared to the up day on Thursday. Not too many sellers and it’s bullish sign.
Waiting for something to happen here.
Maybe we will see a cup forming here next week or so.
A good entry to long LOW if the support holds. The extremly high selling volume might indicate that most sellers wanted out were out now.
LU
LU is approaching to the previous low. Let’s see if it could become the support after this long decline.
LU
LU is approaching to the previous low. Let’s see if it could become the support after this long decline.
GOOG slips again
GOOG is at previous low, which is the support. Will it stick, don’t know. The bounce needs some kind of news or rumors. Or MM may stage a shake out to break the support.