Archive for April, 2008.

INTEL looks Bullish to me

posted by tony
file under Stock Market

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                                                     Chart courtesy of stockcharts

Intel shares were up just 0.66% on Monday trading  in a quite session, closing the day at 422.71. Looking at the daily chart the stock looks Bullish to me. This stock is making a gradual move upwards since January lows. The short-term outlook for this stock is also positive as it is consolidating above its 20-day and 50-day moving averages. The short-term targets for the stock are $23.02 and then $23.67. Short-term investors can buy with a stop at $21.85 and long-term investors can hold with a stop at $21.16. Stay tuned on Intel in the coming days.

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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Link & Image: Foxit Software

Trade Idea – LDK Solar

posted by tony
file under Stock Market

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                                                    Chart courtesy of stockcharts

LDK Solar shares were up today more than 1% to 31.80 with more than 1.7 million of shares traded. Looking at the daily chart above, we can see that the stock has found a nice support around the $30 level. The stock is probably back to uptrend and with KD rising we could see possible rally coming for the stock. Let’s keep an eye on her as i think momentum will pick up soon, very soon.

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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