Archive for December, 2011.

 

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The stock broke the horizontal resistance line today on strong volume and could eventually rally up to test its 50-day SMA. Looking at the technical daily chart the near-term outlook is very positive and a move to the 1.31-1.35 range appears likely. In addition KD also indicate positive momentum.

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 – Braskem SA

posted by tony
file under Stock Market

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The stock suffered 3 straight selling days this week with the stock breaking the support at 14. The stock closed below this key support level for the first time in over four weeks, this is something worth watching. The stock is still in very weak market as 50-day moving average is still declining and MACD is still below 0. Stochastics and RSI are both in the oversold area. I’m now being cautious until we close back over $14.98. This is not yet the time to buy the stock.

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.

Stetson Hats

posted by tony
file under Popular posts

If you are looking online for a webstore which can offer you good price and service to purchase a Stetson Hat, then you must visit Hat country website. They are the global distributor of of western hats and supplies for more than 30 years. They carry one of the largest selections of western hats around, including Bailey, Stetson, Resistol and Renegade. If you’re looking for cheaper western hats, look no further, visit www.hatcountry.com today.

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