Technical Analysis, Momentum Trading — iBankCoin » Blog Archive

#10 On the Top Ten Video

by RaginCajun on June 30th, 2008 at 4:21 pm

(WFR: 10.45 0.00%) MEMC Electronic Materials looks ready to crack.

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4 Responses to “#10 On the Top Ten Video”

Juice Says:

ISRG has a similar drippy look.

Thanks for your reply on GU.
June 30th, 2008 at 4:57 pm
bluedog Says:

Volume looks lackluster. I’d like to see more capitulation before buying at support. It could easily plow through that line in this market.
June 30th, 2008 at 5:53 pm
Coryea Capital Says:

Bluedog,

We’re buying puts. The idea is that it SHOULD plow through that line on increased volume, we’re not looking for a bounce, we’re looking for them to go the way of Bear Stearns.
June 30th, 2008 at 7:23 pm
Aris Says:

eventually, ENER is going to bury WFR on the solar side, and once nanosolar is running at full steam, it’s going to bury everybody. god i hope nanosolar goes public, even though they don’t need to. i’d sell everything i own to get a piece of that.
June 30th, 2008 at 7:46 pm