Brilliant
I must say, I AM DISAPPOINTED with brilliant's performance today. In the morning, things were looking good but slide as the day progress.
Technically Does not look good. Candlesticks show a bearish engulfing pattern over yesterday's candle. Price bounced the 50% retracement at $0.275 to close at 0.280.The failure to close on or above the 200 EMA is also a bit worrying.The increased volume is does make me uneasy. MACD is not a gone case yet but will have to be careful. STO, RSI have divergence. The weekly charts still look good. For this chart I use the 20,50 and 200 day EMA vs. my normal 10,30 and 90 EMA. Please take note.
Gut Feel Most HDD related stocks have made a run, today plastic is in play. Jurtech is leader for HDD/Manufacturing. I "feel" that brilliant run is not over but I could be wrong. Over all, techs are still in play. Lots of room to go.
Technically Does not look good. Candlesticks show a bearish engulfing pattern over yesterday's candle. Price bounced the 50% retracement at $0.275 to close at 0.280.The failure to close on or above the 200 EMA is also a bit worrying.The increased volume is does make me uneasy. MACD is not a gone case yet but will have to be careful. STO, RSI have divergence. The weekly charts still look good. For this chart I use the 20,50 and 200 day EMA vs. my normal 10,30 and 90 EMA. Please take note.
Gut Feel Most HDD related stocks have made a run, today plastic is in play. Jurtech is leader for HDD/Manufacturing. I "feel" that brilliant run is not over but I could be wrong. Over all, techs are still in play. Lots of room to go.
This email was sent by user sacredmarket through ShareInvestor.
posted by Unknown @ 9/13/2006 11:30:00 PM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home