Archive for August, 2007.

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                                                   Chart courtesy of stockcharts

Dell shares are trading lower today after reported strong earnings that beat analyst estimates for profit and sales on Thursday. Looking at the technically chart including today session, stock is trading in a Bull market with 50 dma on top of 200 daily moving average and both going up. According above chart it seems to me that stock will test soon previous year highs at $29.61, due to the fact that stock breakout yesterday one important resistance at $28.25, keep an eye in Dell for a possible close above this value. The stock has ranged from $20.99 to $29.61 over the past year.

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.

Take care of your feet

posted by tony
file under Stock Market

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How are you this morning ? I hope that you are feeling like working today. I am feeling good and it makes me smile to see September coming up, you know it’s one of the month more volatile in the markets, and where we can make some good trades. Anyway today I decided to share with you this information that could be very useful for those that have employees working in dangerous zones and needs a good pair of work boots to protect their feet from any accident that could appear, or on the other hand work shoes for you that normally work hard and needs a good pair of shoes for any occasion. So, for you that are looking in the market for a good pair of work boots or shoes, here is Met.Boots.com, a place that you should visit soon. They have a large selection of high quality shoes and boots with affordable prices that anyone can afford. Also they offer free shipping on all orders over $100, it’s time to take care of your feet. Please check this website to find out more information.

Citigroup upgrade QLogic

posted by tony
file under Stock Market

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                                          ( Yesterday close ) Chart courtesy of stockcharts

QLogic shares are trading very well today rising more than 3% after an analyst at Citigroup upgrade comapny to Hold from Sell setting a $14 price target. Analyst of Citigroup said that the concerns about the company’s business are already reflected in the share price.  Looking at the daily chart with today session, stock is at this moment testing an important resistance of $13.20, that broken could open space for stock move till the Gap.  All indicators are now recovering  from recent lows and RSI  is already in neutral zone, giving some confidence for Bulls.  Keep an eye on QLGC till the close for a possible breakout  over $13.20. See you later.

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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