Archive for October, 2008.

Trade Idea – NOKIA

posted by tony
file under Stock Market

sc.jpg

                                                                    Chart courtesy of stockcharts

Thechnically, the chart shows weak sign as the stock is below both 50 day and 200 day moving average. As the stock has been an underperformer in the recent months and short-term outlook is also bearish, it would be better to reduce some exposures in this short-term uptrend. The bearish outlook would be negated only in a close above $18.10. Let’s keep an eye on it.

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.

The Internet is a great invention for many different reasons depending just what you’re looking for. But, did you know that it can be a great resource for saving you money when shopping? Yes if truth!! There are so many opportunities on the web to save money that is completely impossible to describe all of them here or in other page. Let me give you just an example. Last night when I was browsing for Nikon Monarch and Trailblazer Binoculars I found that Nikon is offering gift cards in every purchase of a Nikon Pro Gear. This sounds good, don’t you think so? You’ll receive a $50 gift card when you buy any Monarch ATB binoculars and a $25 gift card with a purchase of a Trailblazer ATB, an Action Extreme ATB, or a ProStaff binocular. This special offer runs until 31st December 2008. You can see more details on this offer by visiting the Nikon ATB Promotion Details Page. As you can see, the web is a passion for me and for many people. I love to browse to see new things every day because for me the web is a box full of surprises, where I get excited to open each morning to find the next big deal and share with you.

Trade Idea – Staples

posted by tony
file under Stock Market

sc65.jpg

                                                                    Chart courtesy of stockcharts

Staples shares were up today more than 15% to$18.42. However the stock has failed to cross again above the major resistance at $19.95. Looks like the stock is having a tough time to break $19.95, already tried twice. I expect the stock to ‘slow down’ this week with the range still maintain within $17.74-$19. Any breakout above $19.95 mean new bullish sentiment for a new target toward $21.10. Let’s keep an eye on Staples tomorrow to see which will be the next movement.

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.

subscribe to my news feeds