Archives for February 2008
HMY: Harmony Gold Mining Co.
I think that with Harmony Gold there is an opportunity to steal a couple points in the near term future.
Check out the chart on the left; HMY has clearly been trading in a channel that began around August and is still moving side ways. Currently, we are near the bottom of the channel [...]
EFII: Electronics For Imaging, Inc.
Quick and Dirty: EFI is showing the same cup and handle as e*trade setup. The price action looks nice, RSI is bastardly beautiful and MACD is trending upwards but i have to say, the Slow STO is ugly as hell. I would suggest watching what happens on this one as the signal on [...]
ACTU: Actuate Corp
I think this chart of ACTU has big potential for a break out. Check out the setups on the RSI, MACD and Slow STO.
RSI is trending upwards with three touches on the trend line indicating a pretty solid/strong uptrend in this indicator.
The MACD is JUST about to have a bullish cross and is under -.50. [...]
ETFC: E*Trade Financial Corp
Etrade! The big dipper, lol. Check out the setup on Etrade’s chart. IMO, it looks like a cup w/handle. The handle is a little bit small so this could be a false signal, but the cup and handle shape is definitely there.
As some may already know, the cup with handle formation [...]
RFMD: RF Micro Devices, Inc
So this lovely chart of RFMD shows a nice drop and start of a base. What i find attractive is the cross above 30 on the RSI and uptrend being displayed by the Full STO.
The stock is cheap at this price compared to it’s historical performance and if looking @ a 3 year chart you [...]
MNTA: Momenta Pharmaceuticals Inc
On the left is a chart of MNTA. The chart had been showing signs of significant basing action during the month of January and is now back up testing the resistance from late December of 2007.
There appears to be a channel forming with clearly defined support at at $7.27 and resistance around $7.90 or so.
I [...]