Archive for June, 2007.

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                                 Chart courtesy of stockcharts

Priceline.com with a Bullish Chart.Looking at the chart above stock broke out 66.96$ and reaching also a new 52 week year high, is now a stock in a Breakout Mode. Indicators are all in favor of Bulls with K line above D line and MACD back above 0. In addition stock is trading above 50 dma and 200 dma = Bullish Mode. Let’s see if stock will sustain next week this movement. Keep an eye on PCLN next week.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

Trade Idea – BUCY

posted by tony
file under Stock Market

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                              Chart courtesy of stockcharts

Shares of Bucyrus were up on Friday more than 1% closing at 70.78$. The chart is showing an ascending triangle setup ready to breakout of a consolidation base. The Ascending Triangle is a bullish pattern, the formation occurs as sellers dump shares at resistance, then after the stock declines buyers come in attempting to pick up a bargain, which makes shares rise again. Keep an eye on BUCY next week.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

First day of iPhone

posted by tony
file under Stock Market

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                                 Chart courtesy of stockcharts

Shares of Aaple were up today more than 1% to 122.04$, reacting very well to the first day of iPhone in the stores. iPhone is available in a 4GB model for $499 and an 8GB model for $599, and work with either a PC or Mac. Let’s see if this phone it have the same success like iPod.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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