PMCGX retreats from the resistence of the intermediate downtrend line. If it goes lower, I will close my position. Currently I still have 1/3 position opened between 19.6 and 21.
Tag Archives: Downtrend
PMCGX
PMCGX retreats from the resistence of the intermediate downtrend line. If it goes lower, I will close my position. Currently I still have 1/3 position opened between 19.6 and 21.
WMT and INDU
It’s knocked down right from the downtrend line today.
WMT and INDU
It’s knocked down right from the downtrend line today.
MSFT
MSFT is right at the resistence level. In light of next week feds decision on interest hike, I closed a long position opened at 25.32 on March 26.
Looking longer term, MSFT has had this breakout from its intermediate-term downtrend and it is approaching the long-term resistence at 30. From the rising triangle, let’s watch if it breaks out to the up side.