BLUD, HMIN are still tightening up for a big move. Which way? I don't know. Just be ready when they do.
I am closely watching JASO, TSL, and IFOX to breakout to the upside. Buy if JASO closes above $28.19, TSL above $61.25, and IFOX above $17.14
BIDU officially closed above previous resistance and is now a buy. MR has also broken out of consolidation and is considered a buy as it has broken the ADX above 25.
No position changes in forex.
Good luck trading.
JD
Showing posts with label HMIN. Show all posts
Showing posts with label HMIN. Show all posts
Monday, May 14, 2007
Sunday, May 13, 2007
DARVAS WEBSITES
Here are some fun websites to talk about the Darvas theory.
The story: http://www.nicolasdarvas.org/stockmarketarticles.php
How to do it: http://www.darvastrades.com/darvas_boxes.htm
Free Darvas Box plotter: http://www.sethi.org/investments/darvas/
I searched again on Sunday and noticed that BLUD has an ADX of 12. If it closes BELOW $33.65 go short. If it closes ABOVE $34.35 go long. Expectation - ??? No really, I would probably say upward continuation save a huge drop in the stock market.
HMIN has an ADX of 10 and has been for 3 weeks. Big move comin' up? You better believe it.
Good luck trading.
JD
The story: http://www.nicolasdarvas.org/stockmarketarticles.php
How to do it: http://www.darvastrades.com/darvas_boxes.htm
Free Darvas Box plotter: http://www.sethi.org/investments/darvas/
I searched again on Sunday and noticed that BLUD has an ADX of 12. If it closes BELOW $33.65 go short. If it closes ABOVE $34.35 go long. Expectation - ??? No really, I would probably say upward continuation save a huge drop in the stock market.
HMIN has an ADX of 10 and has been for 3 weeks. Big move comin' up? You better believe it.
Good luck trading.
JD
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